Title: Director
Firm: KBRA
Age: 34
In his rating agency work, Peter has tracked the developments affecting municipalities over economic cycles, been an intellectual leader on key credit sectors, and has successfully mentored many colleagues.
Peter, who has been with KBRA since 2017, also regularly produces research on retail sales and other important topics impacting the municipal market.
He participates in the National Federation of Municipal Analysts' mentorship program.
"Peter Scherer's work ethic, thirst for knowledge and intellect enable him to work through the intricacies of complex financings across many bond sectors," said KBRA Senior Managing Director Karen Daly.
His most recent work on the SEPTA transaction is an illustration of these attributes, she said. "We look forward to his professional growth and what will be his many contributions to the public finance industry."
"Every credit has its quirks," Peter said. "I enjoy the challenge of putting them in context while delivering thoughtful and punchy credit opinions that inform investors and inspire confidence in the municipal market."
Before working with KBRA, Peter was senior associate at FMS Wertmanagement Service Company from 2013 to 2017. There he produced annual reviews and rating updates for a broad range of municipal credits across a $10 billion portfolio of municipal bonds, direct placements, and client derivatives. He also provided monthly updates for some securities.
Prior to that position he monitored portfolios for National Public Finance Guarantee and Depfa Bank.
For hobbies, Peter enjoys jogging, hiking, and reading biographies and history books.
