Senior Partner, Impact, The Rise Fund
Ms. Chorengel is Senior Partner, Impact and Financial Services Impact Sector Lead for The Rise Fund. Maya grew up in Asia and has over 20 years of private equity, venture capital and impact investing experience globally. Prior to joining The Rise Fund, Maya co-founded Elevar Equity, a leading impact venture capital firm with a track record of top decile financial returns and meaningful impact on over 20 million low-income households in Asia and Latin America. The Rise Fund is committed to achieving social and environmental impact alongside financial returns by partnering with creative entrepreneurs to build successful businesses that drive meaningful measurable, positive change. Her view is that “Billions, especially in low income communities, lack access to fundamental services that could meaningfully improve their lives, not because providing these services is commercially unviable, but because our generation has not applied their imagination and will to innovate, to create commercially grounded solutions for them. Applying market approaches and commercial capital to solving social and environmental challenges is not only possible, but also critical to achieving the United Nations Sustainable Development Goals.”She currently serves as a Director of Varo Money, Kiva, GloboKasNet and Salish|Growth. She also serves on the Industry Advisory Council of the US National Advisory Boards on Impact Investing (NABS), the Advisory Board of the Harvard Business School Social Enterprise Initiative, Case i3 at Duke University, and is an advisor to several other impact funds and organizations. Prior to Elevar, Maya was Managing Director of the Dignity Fund, a private investment fund focused on local currency debt financing for high-growth microfinance institutions globally. Prior to the Dignity Fund, she was at Warburg Pincus, based in their New York, Hong Kong and Menlo Park offices, investing in growth companies in a variety of industries. She first worked as an investment banker at James D. Wolfensohn, Incorporated (New York) and Morgan Stanley (Hong Kong and Singapore). Maya, her husband, and two sons live in the Bay Area. Maya earned an A.B. in Social Studies, Phi Beta Kappa, magna cum laude, from Harvard College and an M.B.A. from Harvard Business School.