Xavier Alvarez

Partner & Investor

2007

Company through which I channel my private investments, advisory services and board positions to different companies. Actively backing founders who challenge the status quo with transformative technology. PreSeed-stage investments in the next generation of B2B software companies. Send deck to: deck@paocapital.com

Managing Director

2017 - 2025

Criteria Venture Tech (formerly Caixa Capital Risc) is a tech-focused Venture Capital fund with a strategic emphasis on patient investment. Operating across Europe and the US, we specialize in supporting both early-stage and growth-stage startups. I have successfully facilitated more than 20 strategic exits in recent years to corporates such as Meta, Apple, Repsol, and Pernod Ricard, as well as to international private equity firms. As Managing Director at Criteria Venture Tech, I led the investment strategy and decision-making across a €150M portfolio, resulting in high-profile exits to companies like Meta, Apple, and Semrush. I also drove strategic investments in top-tier venture capital funds, including 33N, Nauta Capital, Kibo Ventures, and Bullnet. Additionally, I managed relationships with Limited Partners to ensure alignment between the fund’s strategy and stakeholder expectations. I serve on the board of the fund and several portfolio companies.

Board Member

2023 - 2025

Board Director

2019 - 2025

Board Director

2017 - 2025

Board Director

2017 - 2025

Board Director

2019 - 2023

Psious is a Digital Therapeutics company providing a virtual reality solution for mental health disorders

Board Director (sold to Facebook)

2017 - 2019

Acquired by facebook

Head of International Banking Investment

2015 - 2017

Managed and optimized international banking investment portfolios, overseeing high-stakes financial transactions across multiple markets. Led capital allocation strategies, risk assessment, and deal structuring for large-scale investments, ensuring sustainable growth and compliance with global financial regulations. Played a key role in cross-border investment initiatives, fostering strategic partnerships and enhancing the firm’s global financial footprint.

Member of the Board of Credit Committee

2011 - 2015

Director of Corporate, Structured & Public Risk

2008 - 2014

Led a team of 30+ professionals in credit, market, and compliance risk management, overseeing investment decisions across a €35Bn portfolio. Responsible for analyzing, structuring, and mitigating risk in large-scale financial transactions, ensuring regulatory compliance and capital efficiency. Played a key role in developing risk assessment frameworks and guiding strategic investment decisions for CaixaBank’s institutional and corporate lending activities.