Kim Diamond serves as Crescit Capital Strategies’ Head of Structuring & Credit and does so with nearly thirty years of experience in the commercial real estate and structured finance industries. Ms. Diamond’s knowledge and experience uniquely positions Crescit Capital Strategies to thoroughly analyze investment credit risk and prudently utilize capital market tools to enhance the firm’s return while mitigating risk.
Prior to joining Crescit Capital Strategies, Kim Diamond was a Founding Executive and Senior Managing Director at Kroll Bond Rating Agency, Inc. (KBRA). Ms. Diamond played a pivotal role in the establishment, growth and ultimate sale of the start-up ratings firm. As a member of the KBRA executive team, Ms. Diamond was responsible for formulating and executing the initial strategic business plan that enabled the new rating agency to penetrate the U.S. debt ratings market and achieve profitable operations in fewer than three years. In addition to running all aspects of KBRA’s Structured Finance Ratings group, Ms. Diamond was a member of the firm’s Policy Committee.
Prior to joining Kroll, Kim Diamond was a Managing Director at S&P. Ms. Diamond joined S&P in 1989, just as the CMBS industry was being established. As an early member of S&P’s CMBS group, she participated with other industry veterans in developing the standards and criteria that became the foundation for the U.S. CMBS business. As the Practice Leader of S&P’s U.S. Commercial Mortgage Ratings Group, Ms, Diamond was responsible for all criteria, policy and analytic decisions for all CMBS & CRE CDO issuers and investors. Under her leadership, S&P achieved and maintained the number one market share position for U.S. CMBS ratings for approximately seven years. Given the success of her team in the U.S., Ms. Diamond was asked to play a role in the development of S&P’s international CMBS and other Structured Finance efforts via short term management positions in the firm’s Melbourne and London offices.
Ms. Diamond also served as the interim head of Structured Finance Ratings for S&P’s Asia/Pacific region in Tokyo where she designed and implemented a business plan and strategic issuer and investor outreach program that increased the firm’s market penetration in the region from 35% to 64% in six months. In 2008, during the height of the financial crisis, Ms. Diamond’s scope of responsibility was expanded when she was appointed Business Leader for S&P’s US Mortgage Group and served as a senior liaison between the firm and its regulators.
Kim Diamond received a B.A from Cornell University in Psychology and Art History (Phi Beta Kappa) and an MBA in Real Estate Finance and Accounting from Columbia University. Ms. Diamond currently sits on the Executive Board of the Commercial Real Estate Finance Council (CREFC) and as CREFC’s Programming Committee Chair. Ms. Diamond has previously been a recipient of the trade association’s prestigious Founder’s Award and also served on the Board of the Mortgage Bankers Association (MBA).