Karl H. Pfeil, III is a managing director in Fitch Ratings public finance group. He is primarily responsible for managing the Public Power Group, but also participates in credit decisions involving other segments of the public finance and energy marketplace. Karl is also a member of Fitchs public finance executive committee and credit policy board. At Fitch Karls experience also includes the analysis of investor-owned utilities and project financings. Additionally, Karl actively participates in updating existing ratings criteria and the development of new ratings guidelines. Prior to joining Fitch in 1996, Karl was an Assistant Vice President at AMBAC Indemnity Corporation, where he was responsible for the surveillance and underwriting of public power, water and sewer, airport, and tax-backed issuers for bond insurance. Karl earned a BS in finance from Rowan University (formerly Glassboro State College) and received an MPA from New York University.
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Independent and authoritative analysis and perspective for the banking industry