Mr. Frey is a Managing Director at HPS Investment Partners and Portfolio Manager of the Liquid Loan Fund, HPS CLOs, CLO Investment Strategies, and related Separately Managed Accounts. Prior to joining HPS in 2010, Mr. Frey was a Partner and Senior Portfolio Manager at Stanfield Capital Partners, where he managed non-investment grade loans and bonds across several separately managed accounts and CLOs, and was a member of the firm’s management. Prior to joining Stanfield in 2004, Mr. Frey was a Principal and Senior Analyst at Katonah Capital and an Analyst at GoldenTree Asset Management. From 1993 to 2001, Mr. Frey worked at Morgan Stanley, where he was a Principal in the Investment Banking Division. Mr. Frey holds a BS in Economics from the University of Wisconsin and an MBA from Columbia Business School. Mr. Frey served on the Board of Directors of the Loan Syndications and Trading Association (“LSTA”) from 2009 to 2016, most recently as Chairman.