IMPAQTO Capital

Michelle Arévalo-Carpenter is co-founder and managing partner at IMPAQTO Capital, an impact investment firm. She contributes opinion pieces to publications including Entrepreneur.com, Forbes Ecuador, the World Economic Forum Blog, and El Comercio.

Gabriela Aguayo is a publicist and Content Media Manager at IMPAQTO with a degree from Universidad de las Américas. She specializes in digital marketing, graphic design, and digital media strategy, with a focus on developing content for younger audiences.

Grace Naranjo holds a Master's degree in IFRS and Taxation and an Engineering degree in Accounting and Auditing from Universidad Central del Ecuador, complemented by a diploma in Financial Management and Innovation. She currently serves as Financial Administrator at IMPAQTO and has experience in accounting, financial administration, and tax management.

Josué Montenegro is a strategy and operations professional based in Quito, Ecuador, with over five years of experience in business development and founder engagement across Ecuador, South Africa, Chile, Germany, and the United Kingdom. At IMPAQTO Capital, he serves as a Venture Capital Investment Associate overseeing strategy and operations for a portfolio of 13 Andean startups, with responsibilities including sourcing, due diligence, business model analysis, and founder support. He holds an MSc in Social Innovation and Entrepreneurship from the London School of Economics and a degree in Economics from PUCE, and hosts a podcast on Latin American entrepreneurship.

Nicole Izquierdo is Head of Marketing and Communications at IMPAQTO, where she works on brand positioning, content management, and digital campaigns. As a journalist and digital communication specialist, she develops strategic communication initiatives and content creation for brands and organizations.

Rick Kellett is an advisor for value chain investing at IMPAQTO Capital with twenty years of experience in frontier markets and impact investing across Africa, Asia, and Latin America. His background includes work in strategic planning, capital mobilization, business scaling, and investment structuring. He has experience building teams and managing stakeholder collaboration across global networks of partners, donors, and investors.

Victoria Norelid is a Senior Advisor for Impact & Portfolio Strategy at IMPAQTO Capital, where she supports impact investing platforms and mission-driven organizations in designing and scaling portfolios. Over her career, she has overseen $225M+ in multi-country program portfolios and mobilized $192M in philanthropic and public capital across emerging markets, with expertise spanning strategy, fundraising, impact measurement, and portfolio management. Her regional focus is Latin America, with additional experience in sub-Saharan Africa and South Asia, primarily in inclusive finance, MSME support, and economic inclusion sectors.