Our Investment Board

The expertise we provide is sourced from within and beyond our office walls. Our seasoned and highly skilled investment board lends depth and access in assisting our partners to succeed.


Michael Shoys

Former Senior Vice President and COO, Wisconsin Manufacturers & Commerce
Chairman, Technology Investment Fund Board

Mr. Shoys retired as an executive officer at Wisconsin Manufacturers & Commerce (WMC), a state-wide membership organization of manufacturers, service companies, local chambers of commerce, and trade associations. With 3800 members, WMC promotes a competitive business environment in Wisconsin. Mr. Shoys has developed policy and strategy recommendations for the organization, having had 21 years of experience there. He managed internal operations including, finance, human resources, international business activities, information technology, and manages the WMC for-profit subsidiary. Mr. Shoys formerly worked as the Executive Vice President and COO at the Wisconsin Hospital Association where he had responsibility for hospital environmental compliance. and negotiated healthcare related environmental regulations with state agencies.  He holds the following licenses:  Registered Professional Engineer (Wisconsin), and Life, Health, Property & Casualty Insurance (Wisconsin). He received an MBA from the University of Wisconsin-Milwaukee Executive Program, and a BS in Civil Engineering from Michigan Technological University.

Mark A. Baffa
Executive Vice President, Most, Inc., Industrial Manufacturing Sector

Mr. Baffa is an executive at Most, Inc. and Kentucky Smelting Technology, two business units of Toyota Tsusho America. He is responsible for the overall business and operations of Toyota's secondary aluminum smelting with facilities in Tennessee, Missouri, and Kentucky. Prior to this, Mr. Baffa spent 24 years with Modine and held several positions there throughout his tenure. From 1985-1994 Mr. Baffa was in Modine's corporate purchasing department. In 1988 he was named Director with responsibility for all of Modine's purchasing activities and in 1993 was tasked with global responsibility when Modine made a major acquisition in Germany to expand their presence in the European markets. From 1995-1998, Mr. Baffa was operations manager for Modine's Heavy Duty and Industrial Division where he had responsibility for five major manufacturing facilities. In late 1998, as the fuel cell industry was attracting a great deal of attention throughout industry, he was asked to study and evaluate Modine's potential prospects in this area. At Mr. Baffa's suggestion, Modine formed a Fuel Cell group in 2000 to focus on the emerging market opportunities presented by the fuel cell industry. Modine is recognized as the leader in providing innovative thermal management solutions to both the fuel cell and the hydrogen infrastructure industries. Mr. Baffa has a BA degree in Microbiology from the University of Montana.

Gregory Dombrowski
President, Madison Regional Office, Johnson Bank

Mr. Dombrowski has been President of Johnson Bank - Madison since its inception in 1996. Before joining Johnson Financial Group, Greg spent 9 years with the Marshall and Ilsley Corporation in the Commercial Banking Division. Greg is currently active as Board Chair for Catholic Charities, and serves on the Wisconsin Chamber Orchestra Board.

Joel Freehling
Client Program Manager, CBI Environmental & Infrastructure Inc.

Mr. Freehling's responsibilities at CBI Environmental and Infrastructure include directing engagements on developing new financial analysis tools to better evaluate the financial returns from energy efficiency investments and advising on policies for expanding responsible energy finance products in low and moderate income communities. Prior to joining Shaw, Freehling served as President of SBK New Markets Fund, Inc., a $35 million tax credit fund investing in energy efficiency, alternative energy and green building projects in low income tracts in Chicago, Detroit, and Cleveland. As President, Freehling was responsible for deal sourcing and structuring, tax credit monetization, risk management and IRS compliance. He also served as Senior Vice President, Energy Finance, and Manager, Triple Bottom Line Innovations at ShoreBank, then the largest US-based community development finance institution. At ShoreBank, Freehling directed sustainability efforts and was responsible for developing novel loan programs to promote investment in energy efficiency and green buildings. During his tenure, ShoreBank invested nearly $1 billion in green projects in its target markets. Current and past professional affiliations include Board Treasurer of the US Green Building Council, Illinois Chapter; Board of Directors, Energy Center of Wisconsin; Board of Directors, Midwest Energy Efficiency Alliance; and, Board of Directors, Illinois League of Conservation Voters. Mr. Freehling has served as an Outside Reviewer for the US Department of Energy's Retrofit Ramp-up Program.

Chad Raube
President and CEO, Guaranty Service Group

Mr. Raube is an experienced entrepreneur investor, with 20 years of work experience as a senior executive, venture capitalist, angel investor, and board member in technology, clean technology, data communications, telecommunications, and service businesses.  Guaranty Service Group operates in the B2B information field,  servicing banks, law firms, and the real estate industry. Mr, Raube's previous work experience includes both small start-up technology companies as well as large size telecom and data management companies, including senior executive roles at Virgin Media, Comcast, Corning, and Fibernet. Living and working throughout the world. Mr. Raube has had a common interest in energy efficiency and energy related services management. In the private equity field, he has specialized in clean technology, energy efficiency, media, and the telecom business areas. He holds a MBA from Harvard Business School, a MS in Environmental Technology from Imperial college London, and a BA in International Relations from Carleton College.