Head of Fund of Funds


responsAbility, fund manager of SIFEM

Ralph Keitel is Head of the Fund of Funds group at responsAbility Investment AG, a Zurich-headquartered asset manager. As the result of an open procurement process conducted in conformity with Swiss legislation, responsAbility, as of March 1, 2023, will be the Fund Manager of SIFEM (the Swiss Investment Fund for Emerging Markets), the Swiss DFI.

Prior to joining responsAbility in Sept 2022, Ralph was Principal Investment Officer in the Private Equity and Investment Funds department of the International Finance Corporation (IFC), the private sector arm of the World Bank Group. During his 16-year tenure at IFC, he was regional lead for IFC’s private equity fund activities in Eastern Europe/Russia (2006-2008), Africa (2008-2011), Latin America (2011-2015) and East Asia (since 2015).

Prior to joining IFC, Ralph was with Caisse de Dépot et Placement de Québec (CDP) in Montréal, where he managed a portfolio of venture capital funds in North America and Europe. Previously, he spent nearly 5 years with TBG (now part of the KfW Group, Frankfurt), providing seed early-stage venture capital financing for technology start-up companies before assuming responsibility for TBG’s funds portfolio.

Ralph holds a Bachelor’s degree in Business Administration and a Master’s degree in Economics from the University of Bonn (Germany) as well as a post-graduate degree in Finance and Management (Dean’s Honour List) from McGill University in Montreal (Canada).