Investment Team

The Fund's Investment Team has worked together for many years and brings a diverse experience base to the management of the fund:

Robert W. Shaw, Jr.
Dr. Shaw is President of Aretê Corporation and leads the Micro-Generation Technology Fund investment team. He has experience in both venture capital and consulting for the electric utility industry. Prior to forming Aretê, Dr. Shaw was Senior Vice President of Booz, Allen & Hamilton's Energy Division and a member of the firm's Board of Directors. Earlier in his career, Dr. Shaw conducted materials and electronics research at Bell Laboratories and the Cavendish Laboratory in the U.K. Dr. Shaw serves as Chairman of Distributed Energy Systems Corporation (DESC), and CTP Hydrogen Corporation, and as a Director of H2Gen Innovations, Inc. He has a Ph.D. in Applied Physics from Stanford University, an MPA from American University and MS and BEP degrees from Cornell University.

Jerry D. Geist
Mr. Geist served as CEO of Public Service of New Mexico, and is one of the utility industry's most innovative thinkers. While serving as Chairman of EEI, Mr. Geist anticipated the restructuring that is now taking place in the industry and was one of the first to advocate disaggregation into generation, transmission and distribution entities. Mr. Geist served as founding chairman of the Utech Venture Capital Funds and has been actively involved with Utech for its entire life. He has also been actively involved with a number of entrepreneurial companies, is Chairman of Santa Fe Center Enterprises, and serves on the Board of the Davis family of funds and of CH2MHill. Mr. Geist has a BSEE degree from the University of Colorado at Boulder.

Philip B. Smith
Mr. Smith has extensive experience in venture capital and banking. He served for five years as the founding President of Citicorp Venture Capital, Ltd. Mr. Smith was a Vice President and Senior Credit Officer of Citibank and later joined Irving Trust where he became Executive Vice President responsible for the Worldwide Corporations Group. Later, Mr. Smith served as a Managing Director with Prudential Bache and a General Partner in Lawrence Venture Associates. He is currently Managing General Partner with Private Equity Partnership and Vice Chairman of Laird & Co. Mr. Smith received an MBA from the Harvard Business School and a BSE degree in Chemical Engineering from Princeton University.

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