Arturo Alvarez-Demalde is the managing partner, a firm specializing in private equity and venture capitalism. With extensive experience in international business bolstered by similarly impressive academic credentials, Alvarez-Demalde is an entrepreneur capable of drawing on his past successes all over the world for application in the present and into the future. Through the leadership of Alvarez-Demalde, his company is uniquely positioned for tremendous long-term growth while working with clients in a wide range of industries across the globe.
Prior to his current endeavor, Alvarez-Demalde held the position of manager with Siemens AG near Munich, Germany, and, following seven years in this position of leadership, accepted a role as partner with Leadgate. These professional experiences were marked by countless accomplishments reflecting Alvarez-Demalde’s deep sense of commitment as well as his exceptional work ethic in all circumstances, professional or otherwise.
Alvarez-Demalde’s academic career began in Argentina, where he attended the Colegio Nacional de Buenos Aires and the University of Buenos Aires, earning a degree in economics and ultimately gaining acceptance to and subsequently enrolling at the prestigious Harvard Business School. Since earning his MBA from Harvard Business School, Alvarez-Demalde has enjoyed immense entrepreneurial success and has contributed a great deal to a number of critical causes.
Understanding the value of access to an excellent education, Alvarez-Demalde has sought to help create greater education opportunities while also emphasizing the importance of economic empowerment through his involvement with several non-profit organizations, including as a board member with the Asociación Civil de Apoyo a la Rehabilitación e Integración Social (ARIS), and as an advisory committee member with Harvard University’s David Rockefeller Center for Latin American Studies.
In what city/state was your first house located and approximately what year did you buy it?
The property I first purchased was located just outside of Boston, Massachusetts, and I believe I bought it in 2003 or 2004.
What was your living situation prior to buying your first house? Where/with whom/etc?
I was living in the Prospect Hill area of Somerville, Massachusetts. It was close enough to the Harvard campus that I didn’t mind the relatively small stature of the property.
What motivated you to purchase your first house?
I really enjoyed living in the Boston area while enrolled in business school at Harvard, so I wanted to be sure I had a place of my own to which I could return.
How did you go about getting the money together to buy it?
I had been living and working in Germany for some time before pursuing my MBA at Harvard, so I had plenty of money saved up to essentially buy the house outright.
When you purchased, were you thinking of it as an investment or as a place to start a family. Please elaborate.
It was more of an investment, particularly since I knew that it was entirely likely that my work would take me away from Boston for extended periods of time.
What are 3 things you liked most about the house?
The property made it easy enough to get into Boston with relatively minimal effort, but it was still far enough from the city that it felt sort of rural and quiet. It’s an older home, so the architecture was also an appealing feature.
Was there anything you didn’t like about it?
I was concerned that, as an older property, there would be unforeseen issues that would prove to be costly. Fortunately, that was not the case.
Did you make any improvements or major renovations to the house?
No, part of the appeal was its historic appearance, so I didn’t want to do anything that would take away from that.
Please share 1-2 of your fondest/funniest memories from living there.
I was completely unaware of how many people inundate the area during autumn, but I ultimately found all of the tourists to be a lot of fun.
Do you still live there or did you sell it or renting it?
It’s primarily a rental property now — usually to students of Harvard, Tufts or MIT — but I still stay there whenever I am in Boston, particularly during the summers.
What advice would you give other first time home buyers?
Seek advice that is completely relevant to your particular circumstances. What worked for me may not necessarily be an ideal approach for everyone else.
You can find his Twitter here.