Our generation has not applied their imagination and will to innovate to create market based solutions for underserved communities

Maya Chorengel

Maya co-founded Elevar in 2008 with the view that “Billions at the base of the economic pyramid lack access to fundamental services, not because providing these services is commercially unviable, but because our generation has not applied their imagination and the will to innovate to create market based solutions for these communities.”

A Filipino-German, Maya grew up in Asia and has over 20 years of private equity, venture capital, impact investing experience with a passion for using bottom-up solutions to development challenges. Maya has worked in Hong Kong, Singapore, the Philippines, Indonesia, India, Great Britain and the US. She currently serves as a Managing Partner of The Rise Fund, a $2+ billion global, multi-sector impact fund launched by TPG, where she leads Impact underwriting and Financial Services investing. She is also a Director of Varo Money, Nithio, Kiva and Globokasnet. Prior to Elevar, Maya was Managing Director of the Dignity Fund, a private investment fund where she structured and completed local currency debt financing for high-growth microfinance institutions globally. She currently serves as an advisor to several impact investing funds and organizations and serves on the Advisory Boards of the Harvard Business School’s Social Enterprise Initiative and the Case i3 Initiative in Impact Investing at Duke University.

Maya started her career in 1992. She first worked as an investment banker at James D. Wolfensohn, Incorporated (New York) and Morgan Stanley (Hong Kong and Singapore). Prior to the Dignity Fund, she was at Warburg Pincus, a leading, global private equity investor, based in their New York, Hong Kong and Menlo Park offices investing across a variety of sectors, stages and situations. Maya graduated magna cum laude, Phi Beta Kappa, in Social Studies from Harvard University and she received her MBA from Harvard Business School. She enjoys discovering the world with her family and hopes one day to write a novel.