-

KBRA Promotes Global Head of Fund Finance Thomas Speller to Senior Managing Director

NEW YORK--(BUSINESS WIRE)--KBRA, a global full-service credit rating agency, is pleased to announce the promotion of Thomas Speller, Global Head of Fund Finance, to Senior Managing Director.

“Tom’s promotion reflects his strong leadership and deep expertise in fund finance and private credit, which have been instrumental in advancing KBRA’s global fund ratings efforts,” said Eric Neglia, Global Head of Funds Ratings at KBRA. “His ability to foster collaboration and navigate complex transactions has enabled KBRA to remain at the forefront of rating innovative structures while upholding the highest standards of consistency and quality.”

Before being appointed Global Head of Fund Finance in October, Tom served as Managing Director and Head of European Funds at KBRA UK. Since joining KBRA in 2021, he has focused on rating fund finance transactions, including subscription lines and net asset value (NAV) loans. Previously, Tom was an executive director at Goldman Sachs International, where he worked as a credit risk analyst from 2006, covering various industries and products, with a particular focus on the funds industry, including private equity funds and hedge funds, as well as structured lending.

“We are very proud of the continued growth and leadership of KBRA’s Funds Ratings business, made possible by the more than 50 analysts, lawyers, and investor relations professionals whom Tom has helped lead and inspire,” said William Cox, KBRA’s Global Head of Corporate, Financial and Government Ratings.

KBRA has produced more than 3,500 credit assessments and credit ratings for middle market borrowers in private credit portfolios. In addition, KBRA has issued ratings for 250 market-leading fund finance transactions, more than 200 private asset-backed finance transactions, over 150 feeder note transactions, and 34 business development companies. We also maintain ratings on 54 of the world’s leading private asset managers, more than 100 middle market collateralized loan obligations (CLO), and dozens of other private credit, private equity, or NAV secondaries facilities.

Visit www.engagewith.kbra.com to learn more about what sets us apart and our unique approach to credit ratings. Explore our private credit page for our latest thought leadership in this growing sector.

About KBRA

KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1008288

Contacts

Media Contact

Adam Tempkin, Director of Communications
+1 646-731-1347
adam.tempkin@kbra.com

Kroll Bond Rating Agency, LLC

Details
Headquarters: New York City, New York
CEO: Jim Nadler
Employees: 400+
Organization: PRI

Release Versions

Contacts

Media Contact

Adam Tempkin, Director of Communications
+1 646-731-1347
adam.tempkin@kbra.com

Social Media Profiles
More News From Kroll Bond Rating Agency, LLC

KBRA Assigns Preliminary Ratings to ByzFunder Asset Securitization I, LLC, Series 2026-1

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to three classes of notes (the “Notes”) issued by ByzFunder Asset Securitization I, LLC, Series 2026-1. ByzFunder NY LLC (“ByzFunder,” or the “Company”) is the Sponsor, Seller, and Servicer for ByzFunder Asset Securitization I, LLC, Series 2026-1. ByzFunder was founded in 2019 and is headquartered in New York, NY, with an additional office in Tampa, FL. The Company is a specialty finance company that provides working capital financing...

KBRA Assigns Rating to Frontline Insurance Reciprocal Exchange

NEW YORK--(BUSINESS WIRE)--KBRA assigns a BBB+ Insurance Financial Strength Rating (IFSR) to Frontline Insurance Reciprocal Exchange (“FIRE” or the “Exchange”). The Outlook for the rating is Stable. Key Credit Considerations FIRE is a newly formed Florida-domiciled reciprocal insurer established to write admitted Florida residential property business, primarily homeowners and fire/dwelling coverage. The rating reflects adequate initial capitalization and manageable projected underwriting levera...

KBRA Releases Research – European Data Centre Event—KBRA Event Recap

LONDON--(BUSINESS WIRE)--KBRA releases a recap of its European Data Centre Event in London on 20 May, bringing together sector experts, investors, issuers, operators, bankers, and other market participants for an afternoon of discussions on the key themes shaping the European data centre landscape. The programme focused on how artificial intelligence (AI)-driven demand, power availability, development constraints, evolving financing approaches, and investor underwriting considerations are influ...
Back to Newsroom