At Carnot Capital, we are committed to shaping a Sustainable Future.

As a boutique and trusted partner, we support our partners in achieving an attractive return while simultaneously making a positive impact.
With our expertise and many years of experience, we help investors actively shape the future. Together, we make a meaningful contribution.
Carnot Capital – Your Swiss pioneer in Impact Asset Management since 2007.
Founding Year
Employees
Assets under Management
About Us
The Team



Dr. Andreas Walther
Chief Impact Officer, CFO, Risk Management, Compliance



Our Culture
Our Corporate Culture Is Consciously Shaped by the Following Guiding Principles:
Quality Conscious
We place the needs and expectations of our clients at the center of all our activities.
Transparency
We always act honestly and ethically to earn and maintain the trust of our employees and clients.
Loyalty
We foster a culture of integrity and sustainable relationships with employees, clients, and shared goals.
Future Orientated
We invest in business models for greater sustainability and promote innovative technologies.
Our HIstory
Founding
The story of Carnot Capital began around 20 years ago, when Rolf Helbling and Andres Gujan recognized the significant investment opportunities in improving energy efficiency. At that time, the growing energy demand from emerging economies, especially China, was driving up energy prices and threatening energy security. Simultaneously, greenhouse gas emissions were increasingly perceived as a problem, particularly in Europe.
While alternative energy sources and carbon capture were still economically unviable at the time, efficiency measures emerged as the most cost-effective and environmentally friendly approach to reducing dependence on fossil fuels.
2007

2007

Fund Introduction
In 2007, Rolf Helbling and Andres Gujan founded Carnot Capital and launched the “Carnot Efficient Energy” fund. This fund specifically invests in companies that, through innovative technologies and products, reduce energy consumption, thereby not only lowering costs for customers but also enhancing growth and profitability.
Growth
2013

2015

Additional Fund
The founders’ vision also included other natural resources, such as drinking water, metals, and farmland, which should also be used more efficiently. Consequently, in 2015, the “Carnot Efficient Resources” fund was launched, focusing on resource efficiency in additional areas.
Pioneering Spirit & Sustainability
Today, Carnot Capital represents the success that arises when pioneering spirit and sustainability are combined to achieve long-term positive returns while also making a positive impact.
Today
