Meet Elizabeth Krentzman
U.S. Mutual Fund Leader, Deloitte & Touche LLP
Elizabeth serves as Deloitte’s U.S. mutual fund leader, where she oversees national development and delivery of mutual fund strategies across audit, tax, financial advisory, and consulting to mutual fund complexes, boards of directors, and service providers. In her former position as chief advisor to Deloitte’s Asset Management Services sector of the Governance, Regulatory & Risk Strategies Group, Elizabeth advised clients and a seasoned consulting team, who serve 1,800 U.S. mutual funds, representing in excess of 1.2 trillion in assets under management.
Elizabeth formerly served as the general counsel of the Investment Company Institute (ICI), where she was responsible for legal and regulatory initiatives affecting the Institute’s member firms, which manage more than $10 trillion in investor assets. In addition to representing mutual fund interests before numerous U.S. regulatory agencies and the U.S. Congress, Elizabeth worked closely with foreign regulators and international trade associations to address global issues as U.S. investment managers continue to expand their operations worldwide. During her tenure at the ICI, she was recognized by Compliance Reporter as “Lobbyist of the Year” in connection with her regulatory efforts.
Before joining the ICI, Elizabeth spent seven years at Deloitte & Touche as the leader of the investment management regulatory consulting practice. Prior to that, Elizabeth served as an assistant director in the SEC’s Division of Investment Management, where she was responsible for rules involving investment company reporting and disclosure obligations and investment adviser regulation. While at the SEC, Elizabeth helped develop the investment company legislation, including the section 3(c)(7) hedge fund provision, that was adopted as part of the National Securities Markets Improvement Act of 1996. Elizabeth also developed a number of SEC rules affecting asset management firms and assisted in completing the Division of Investment Management’s 1992 report, Protecting Investors: A Half Century of Investment Company Regulation. Prior to joining the SEC, Elizabeth was associated with the law firm Ropes & Gray, where she handled regulatory and compliance matters for investment companies, their advisers, and directors.
Elizabeth serves on the editorial board of The Investment Lawyer, is a published author, and speaks at numerous conferences in the United States and around the world. She is also a member of the Advisory Board of the SEC Historical Society. Elizabeth is a member of the District of Columbia and Florida Bar Associations and is a former chair of the District of Columbia Bar Investment Management Subcommittee. She received her B.A. and J.D. degrees from the University of Florida and served on the University of Florida Law Review.