David Sanchez Tembleque

David Sánchez-Tembleque is the founder and Managing Partner of Alsis Funds, an independent, employee-owned Latin America–focused asset manager he established in 2007. He is responsible for the firm's general management and strategic direction and serves as President of its Investment Committee. Alsis specializes in structured, asset-backed private credit for Mexican and Latin American SMEs, and since inception has deployed roughly $480 million across about 91 transactions with more than 60 realized exits and a reported average gross return around 16% in USD.

Before founding Alsis, Sánchez-Tembleque held a series of senior operating and financial roles at some of Mexico's largest institutions. He was CEO of Homex, then Latin America's largest residential homebuilder and a company listed on both the NYSE and the Mexican Stock Exchange, where he oversaw around 20,000 employees across five business divisions and presided over a period of strong revenue growth and share-price appreciation. Earlier, he served as Deputy General Director of Strategic Planning and Finance (effectively CFO) at INFONAVIT, Latin America's largest mortgage lender, where he managed a portfolio reported at roughly $35 billion across some 2.1 million loans and helped build out the institution's mortgage securitization program and capital-markets function.

He began his career at BBVA Bancomer, where he held several senior management positions including Deputy General Director of Corporate Financing and Investor Relations, Corporate Director of Financial Projects, and Director of Strategic Planning and Finance for the mortgage division. This combination of homebuilding, mortgage finance, and capital-markets experience underpins Alsis's focus on real-asset-backed lending in the housing and financial sectors.

Sánchez-Tembleque holds an MBA from Tulane University in the United States and an economics degree from the Universidad de Santiago de Compostela in Spain. Under his leadership, Alsis became a UN PRI and UN Global Compact signatory and earned Great Place to Work certification in 2023.

• Provides non-dilutive, tailor-made structured credit to SMEs — the firm frames itself as offering "structured financing through tailor-made credit backed by real assets," positioning itself as an alternative to dilutive equity and to underserving traditional banks
• Targets companies that can collateralize financing with purchase contracts from strong off-takers, financial assets, or real estate — a security-first, downside-protected credit approach rather than venture-style bets
• Runs four distinct credit strategies: subordinated/mezzanine/hybrid/convertible direct private lending; loan investments; acquisition of non-performing loans (NPLs) and real-estate-owned (REO) portfolios; and debt backed by third-party-originated loan portfolios
• Identifies mezzanine debt as a relatively untapped niche in the Mexican market and cites speed of transaction structuring as a key differentiator
• Concentrates on real estate/housing, financial, and energy sectors, overwhelmingly in Mexico, where SMEs are underserved by conventional lenders
• Embeds ESG factors across the full investment lifecycle, from selection through exit