Betselot A. Zeleke

Betselot counsels mutual funds, exchange-traded funds (ETFs), closed-end funds, money market funds, private funds, and other pooled investment vehicles. His experience also includes matters involving the intersection of investment management, fintech, blockchain technology, and digital assets, including digital asset-related investment products, token-related diligence, digital asset market infrastructure, and blockchain-enabled fund structures.

Betselot helps clients navigate fund launches, registration, disclosure, board governance, regulatory filings, compliance programs, exemptive applications, and service provider arrangements. He assists SEC-registered open- and closed-end funds and their boards with registration statements, periodic reports, proxy statements, compliance manuals, board materials, and other fund documents. His Investment Company Act experience includes exemptive applications involving co-investment transactions, interfund lending arrangements, exchange-traded funds, closed-end funds with multi-class structures, and other exemptive relief.

Betselot's background also includes experience with private fund structuring and formation, investment management agreements, offering and governance documents, regulatory filings, and related compliance matters.

Before joining Morgan Lewis, Betselot was a partner at another international law firm. Earlier in his career, he served as a member of the SEC Chair's Attorney Honors Program, rotating through offices within the Division of Investment Management. During law school, he also served as an extern in the SEC's Division of Enforcement.