Financial News

KBRA Appoints Gopal Narsimhamurthy as Global Head of Fund Ratings

KBRA announces the appointment of Gopal Narsimhamurthy as Global Head of Fund Ratings. This appointment follows the resignation of Pramit Sheth who, after more than 12 years of service, will be leaving to pursue other opportunities.

Pramit joined KBRA in 2011 during the earliest days of the firm as a senior member of the KBRA CMBS ratings team. He was instrumental in developing various models and methodologies that produced the firm’s first CMBS ratings which, along with his work as senior credit analyst, provided a foundation for KBRA’s future. Pramit transitioned to lead the Funds Group in 2019, where he was instrumental in successfully building this team during a period of rapid growth at KBRA and in the private funds market.

Gopal Narsimhamurthy, currently a Managing Director in the Funds Group at KBRA, will succeed Pramit as Global Head of Fund Ratings. He will lead a strong 25-person global Funds team and will work closely with Tom Speller, the Head of European Fund Ratings.

Gopal has been at KBRA since 2014 and has worked across a number of analytical areas including ABS, public finance, and project finance. He was based in Dublin, Ireland, for two years to provide analytical coverage for European structured finance transactions and to support KBRA’s growth initiatives across the region. Previous to KBRA, he was an associate analyst at Moody’s Investors Service, where he specialized in higher education and health care credit analysis.

“We’re extremely excited for the future of the team under Gopal’s leadership,” said William Cox, the Global Head of Corporate, Financial, and Government Ratings at KBRA. “He has played a critical role alongside Pramit in expanding our analytical expertise and ratings coverage within the private funds space. And we will greatly miss Pramit, who led the Funds Group so successfully during this incredible time of growth in the industry. We wish him well in his future endeavors.”

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1002557

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