Hugh R. Frater

Hugh Frater joined Vessel Technologies, Inc. in 2021, and currently serves as the company’s Chairman. Vessel Technologies is a vertically integrated manufacturer and developer of prefabricated multifamily building systems. Prior to joining Vessel, Frater was a Founding Partner of BlackRock, Inc. the world’s largest investment management firm and later served as the CEO and Chairman of Berkadia, one of the nation’s leading commercial real estate services firms and then as board member and CEO of Fannie Mae, the largest lender to the single family residential and multifamily markets in the US and one of the world’s largest financial institutions. Prior to founding BlackRock, Frater was a Vice President at Lehman Brothers in the Financial and Savings Institutions Group and prior to that was Director of Programming for the Learning Channel, an educational cable television network. He earned an MBA from The Columbia University Graduate School of Business in 1985 with a degree in Finance, and graduated from Dartmouth College, AB.