In a series on business leaders, Forbes recently featured a story on Kroll Bond Rating Agency founder, Jules Kroll. About the impressive growth of the company, Bruce Rogers writes:
“The 105 person firm has gone after the most problematic, under researched segments of the market and has gained more than 50% market share in the U.S. commercial mortgage backed market, as well as almost 40% market share in the residential mortgage backed market. KBRA is now often selected as the ‘number two’ agency on deals, elbowing in alongside heavyweights S&P and Moody’s.”
Read the full story of Kroll’s inspiration for starting the ratings agency business, and his goals for it, here: