About Spark Capital:

Spark Capital Group (www.sparkcapital.in) is a two-decade old mid-market financial services franchise offering investment banking, asset management and private wealth management solutions. Spark Capital Group entities are registered with Securities and Exchange Board of India.

Independent, professionally owned & managed, we bring to bear entrepreneurial energy that blends the extensive experience of our founding leadership with contemporary outlook & dynamism of our young business leadership teams. Knowledge & research oriented in approach, we cherish & strive to practice our core values of objectivity, intellectual integrity, and client-centricity.

The goodwill and endorsement of long-standing & deep-rooted client relationships spanning entrepreneurs, corporates, business groups, family offices, and high net worth individuals serve as an eloquent testimony to our work. With approx. 400 employees, we have offices in key Indian cities Mumbai, Delhi, Chennai, Bengaluru, Hyderabad, Kolkata, Pune, Lucknow, Kanpur, Thiruvananthapuram, Kochi and Surat.

Role Objective:

Primary Role:

- Managing legal aspects of the fund and assisting the business team in finalizing fund documents for Spark Group AIFs (Fund Group) more specifically dealing with funds investing in near IPO companies.

- The candidate will engage with the legal team of Spark and other external stakeholders such as investee companies, legal/tax advisors, merchant banker, trustees, valuation agencies etc. in drafting AIF related documents such as placement memorandum, trust deed, contribution agreement, share purchase agreement with investee companies, addendums etc.

- Finalizing the terms of investment by the fund in the investee companies and also in the finalizing the features of the scheme in the fund, in the coordination with the business team / fund managers the scheme.

- Monitor adherence to the terms of investments by the investee companies.

Supporting Role:

Administration:

- The candidate shall work with Operations, Finance, Secretarial, Legal, Compliance, Custodians to ensure smooth launch of a scheme by considering various requirements and closing all operational and regulatory aspects of running the scheme.

Key Responsibilities:

Legal:

- Drafting and finalization of agreements such as contribution agreement, placement memorandums, that the Fund Group would need to get into as part of their investments and divestments.

- Oversee and ensure adherence of Spark Group and counterparties to agreements in place.

Regulatory Compliance:

- Ensure regulatory compliance requirements of Fund Group are complied with by coordinating between operations / legal / compliance teams, internal / external auditors, trustees, valuation service providers and law firms.

Business Administration:

- Ensure investment teams of Fund Groups follow prescribed processes, including all matters related to the Investment Committees and other such informal / formal groups involved in the investment management for the Fund Group.

- Ensure operations teams of Fund Groups adhere to communication and service levels.

Operation Oversight:

- Ensure all activities required of the operations team to ensure seamless delivery of service to the Fund Group and investors in the fund are carried out properly in a time-bound manner.

Co-ordination and Communication:

- Act as the main coordinator and the primary point of contact between Fund Group investment, operations and legal / compliance teams on all matters related to the business administration of the Fund Group.

Communication with Investors, Investee Companies and Distributors:

- Lead preparation of all kinds of presentations targeted at investors, investee companies and distributors.

- Lead design of communication to investors with operations and legal / compliance.

Document Management:

- Maintain and manage a repository of all documents related to business administration, including contracts, agreements and regulatory filings.

Risk Assessment:

- Identify and assess potential legal risks associated with investment activities and provide guidance on mitigation strategies.

Problem Solving:

- Address legal / compliance or business issues and questions raised and find appropriate solutions in collaboration with relevant teams.

Person Specifications:

- Investment Banking or Private Equity professional with a degree in law or with relevant experience related to legal aspects of the role.

- Thorough understanding of standard practices in handling diligence engagements (FDD, VDD, LDD, etc.), SHAs, SPAs, Rights Pooling agreements, FEMA, Income Tax regulations, SEBI regulations, relevant banking practices, IPO / OFS practices, statutory audits and other kinds of general / specific need audits.

- Experience in dealing with leading audit firms, law firms and valuation service providers.

- Strong communication and interpersonal skills.

- Excellent organizational and time management skills.

- Proficiency in Microsoft Office Suite.

- Ability to work independently and as part of a team.

Reporting to:

- Day-to-day reporting the head of fund management for the Private Equity & Near-IPO Funds of Spark Group.

- Administrative report to Head Legal and Compliance