Deloitte exec poached by EY


Ernst & Young (EY) has boosted its financial services organisations’ wealth and asset management practice with the appointment of Ray Iler.

He will provide professional services to EY’s hedge fund, private equity and venture capital clients.

Iler formerly served as regional leader of Deloitte’s hedge fund practice on the West Coast and the leader of Deloitte’s emerging manager platform. Iler was also the audit lead for Deloitte’s growth enterprise services team in San Francisco.

He also founded the tax practice and served as audit partner for Deloitte’s Grand Cayman practice, where he advised clients on investment fund structuring, due diligence procedures, service provider selection and incentive fee structuring.

“We are extremely pleased to welcome Ray to EY as he is a highly-respected leader in the asset management industry,” said Mike Serota, a partner with EY and co-leader of EY hedge fund services. “Ray’s arrival also continues to solidify the firm’s reputation as a leading service provider for the West Coast alternatives fund sector.”

Iler said: “I look forward to helping anticipate market trends, identify their implications and develop points of view on relevant sector issues for clients. EY’s financial services organisation model is a true differentiator and working together, we can help clients meet goals and compete more effectively."

Deloitte, EY, Ray Iler, Mike Serota, Cayman

Cayman Funds