-

KBRA Expands Tokyo Presence With Appointment of Yasu Iwasa as Head of Japan

NEW YORK--(BUSINESS WIRE)--KBRA, a leader in global credit ratings and research, is pleased to announce the appointment of Yasumitsu “Yasu” Iwasa as Head of Japan, underscoring its growth trajectory in Asia following the strategic establishment of its Tokyo office in January 2025.

KBRA’s Tokyo office reflects the company’s commitment to deepening its presence in Asia-Pacific and addressing the evolving needs of Japanese investors across public and private credit markets. The team is now well-positioned for continued growth and influence as it serves both local and international investors.

Yasu Iwasa brings nearly 30 years of experience in investment banking and asset management, having held senior roles at leading global financial institutions in Japan. Most recently, he served as Head of Japan and Managing Director at Impax Asset Management, where he led the launch and growth of the firm’s Japan operations. In addition to his executive leadership role, he also acted as a product specialist within the distribution team. From 2014 to 2021, Yasu was Representative Director, Japan at Fullerton Fund Management, the asset management arm of Temasek Group. He began his career at Goldman Sachs, where he spent approximately 12 years in equity derivatives and structuring. This experience laid the foundation for his deep expertise in complex financial products.

Yasu holds a master’s degree in international economics from Columbia University and a bachelor’s degree in political science from the University of Essex in the UK.

“Japan represents a critical and sophisticated investor market,” said Kate Kennedy, Senior Managing Director and Co-Head of Business Development at KBRA. “Yasu’s deep network, strategic understanding of global private credit landscapes, and experience launching asset management operations make him uniquely positioned to drive our mission forward in this region.”

“I am honored to lead KBRA’s efforts in Japan,” said Mr. Iwasa. “The private credit landscape is evolving rapidly—and KBRA’s commitment to transparency, rigorous analysis, and client-first service aligns perfectly with investor needs here. I look forward to partnering with our current Tokyo-based employees, Miki Monroe-Sheridan, Head of Business Development; Yuuichi Hino, Head of Japan Compliance; and Peter Connolly, Senior Director, to build an even stronger presence in Japan.”

At KBRA, our mission centers on delivering transparent, forward-looking credit assessments that empower investors to make confident, informed decisions. As a leader in private credit ratings, KBRA combines deep analytical insight with responsive service and methodological rigor. With global demand for private credit accelerating, Japan represents a strategic opportunity to expand our presence and meet the growing appetite for alternative credit solutions with the clarity and consistency investors expect from KBRA.

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: 1011259

Contacts

Media Contact

Adam Tempkin, Senior 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


Contacts

Media Contact

Adam Tempkin, Senior 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 Reach ABS Trust 2026-2

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to five classes of notes issued by Reach ABS Trust 2026-2 (“Reach 2026-2”), an unsecured consumer loan ABS transaction. Credit enhancement consists of overcollateralization, subordination of junior note classes (except for the Class E notes), a cash reserve account funded at closing, and excess spread. This transaction represents Reach Financial, LLC’s (“Reach”, the “Servicer” or the “Company”) second term ABS securitization in 2026 an...

KBRA Assigns Preliminary Ratings to EFMT 2026-AE3

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 58 classes of mortgage-backed certificates from EFMT 2026-AE3. EFMT 2026-AE3 is a $337.9 million RMBS transaction, as of the cut-off date, sponsored by EFMT Sponsor LLC. The pool is secured entirely of first liens on non-owner occupied (NOO) investor properties (75.2%) and second homes (24.8%) underwritten to agency guidelines. The underlying pool is seasoned approximately three months and comprises 902 loans. Majority of loans are...

KBRA Assigns Preliminary Ratings to Mulligan Asset Securitization III LLC, Series 2026-1

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to four classes of notes (the “Notes”) issued by Mulligan Asset Securitization III LLC, Series 2026-1. Mulligan Funding, LLC (“Mulligan” or the “Company”), provides financing to small and medium-sized business through the use of proprietary risk scoring models, transactional data and technology systems. Since inception, Mulligan has funded over $2.8 billion to more than 29,000 merchants. The Company is primarily owned by its senior man...
Back to Newsroom