CHI Impact Capital

Co-Founder and CIO Enrique Alvarado Hablutzel leads investment activities. Hablutzel was formerly a Partner at Bamboo Capital Partners, where he structured 'tech4impact' funds for emerging markets, and he co-founded Chi alongside CEO Christin ter Braak-Forstinger and senior impact advisor Anita Keij. The team's investment decisions integrate a proprietary impact methodology and are reviewed by an external Impact Validation Committee.

No. CHI is an advisory firm, not a fund manager. It advises the Burning Issues Impact Fund, an Article 9 SICAV-RAIF domiciled in Luxembourg that closed to new investors at the end of March 2024. CHI does not hold the fund's management company license; its role is purely advisory and impact-oversight focused.

CHI's compensation from the Burning Issues Impact Fund is linked entirely to the achievement of audited portfolio-company impact goals, not to financial carry. The firm defines, measures, and reports on bespoke impact KPIs for each investee company, applying both a gender-lens and a multi-species-lens, and it collects performance fees only when those non-financial metrics are met.

The fund it advises invests across five thematic areas: Circular Economy & Conscious Commerce, Green Innovation & Energy Efficiency, Food Safety & Security, Smart Mobility & Transport, and Affordable & Climate Resilient Healthcare. These themes map directly to what CHI considers the most critical 'burning' Sustainable Development Goals.

Neither. CHI is an independent advisory firm. One of its partners, Guenther Dobrauz-Saldapenna, operates his own Zurich-based single family office separately, but CHI itself does not manage family capital — it advises institutional LPs through the Luxembourg fund it serves.

In February 2026, CHI announced it was joining forces with German impact advisor FASE to create and advise the European Catalytic Impact Investing Fund. The new vehicle targets Europe's early-stage impact 'missing middle' and represents an expansion of CHI's advisory mandate beyond the closed Burning Issues Impact Fund (per the firm and Impact Alpha, February 2026).

CHI advises a Luxembourg fund open to qualified professional investors. The firm does not disclose the identities or wealth origins of individual LPs. The Burning Issues Impact Fund's advisory board includes named individuals from European families and foundations — including Dr. Brigitte Mohn of Bertelsmann and descendent of the Brenninkmeijer family, Stephen Brenninkmeijer — suggesting a mix of institutional, family-office, and foundation capital.