Pilar Carvajo Lucena

Pilar Carvajo Lucena

  • Third Derivative

Pilar leads Third Derivative’s investments and fund partnerships, overseeing the investments of the D3 Accelerator Funds as well as capital strategy to support D3 startups as they come on board, grow, and scale.


Pilar brings a decade of experience in investments across asset classes and geographies as well as financial risk management. Prior to joining RMI, she worked at IDB Invest, structuring climate funds and investing across asset classes, and piloting and scaling technologies and business models to address climate change in Latin America and the Caribbean. Previously, she worked at Accion Global Investments, supporting the origination and structuring of private equity transactions in the financial services industry in Asia and Latin America. She also served as a financial risk management consultant for infrastructure and renewable energy clients at Deloitte.


MBA, MIT Sloan School of Management
Joint Degree in Law and Business, Universidad Pablo de Olavide (Sevilla, Spain)