Our Team
Joseph Williams
Joseph Williams is the founder, CEO & President of InDev Capital and directs the overall direction of the firm. He also leads our investor engagement efforts.
Joseph traces the roots of his international business career to his undergraduate experiences at Stanford University, where he minored in Japanese. Going to college was his second plane flight, the first being a church convention in Biloxi, Mississippi.
While living in Tokyo for three years, he worked as an engineer and business development liaison for a joint venture between Konica and HP. After returning to the U.S. he earned an MBA from the Harvard Business School and worked in investment banking at DLJ.
Soon after, Joseph co-founded a private equity firm, Wakefield James Management Group, with a Harvard Business School classmate. The partnership acquired a residential supply company that provided building material to large residential developers across the U.S. and Canada. Joseph served as President of the company and helped lead the company to become the largest in its industry while expanding into Phoenix, Atlanta, Calgary and Edmonton, among other key markets.
In late 2009, Joseph sold his interest in the company and moved to São Paulo, the business and financial heart of Latin America. After extensive travel, networking, and rigorous study of Brazilian culture and the Portuguese language, he had the opportunity to connect with many key players at the top of the burgeoning real estate development, asset management, and hedge fund industries. This led to the formation of InDev Capital – an emerging market real assets merchant bank.
Joseph has an undergraduate degree in Industrial Engineering from Stanford University and an MBA from the Harvard Business School. He speaks and reads Portuguese and is proficient in Japanese. Most importantly, he hails from the city of Durham in the great state of North Carolina.
He relaxes through reading all types of history and fiction, but has found a particular affinity for the writings of Nassim Taleb. His claim to fame is that he has read Ayn Rand’s Atlas Shrugged once a decade since college and Nassim Taleb’s The Black Swan three times. He seeks to pound through Time Magazine’s Top 100 Fiction list before this wonderful adventure called life expires.
Beatriz Martínez
Beatriz Martinez, a co-founder of InDev Capital, serves as controller of our firm. This is an important role as the firm’s business model has relatively few and large transactions, hence a person that is detailed and good at budgeting allows the firm to concentrate and have the resources to do what it does best. Beatriz manages the firm’s budget and our co-investments.
Before co-founding InDev Capital, Beatriz, a Spanish national, worked as an architect with one of the most successful architecture firms in São Paulo. During this time, she worked with top developers in the city such as Brookfield, PDG and Rossi on their urban residential infill projects.
Beatriz has a BS in Architecture and Urban Planning from the University of Las Palmas Gran Canaria (Spain), a Master’s degree in Collective Housing from the Polytechnic University of Madrid (Spain), and a Graduate Certificate in Housing and The City at Escola da Cidade, a São Paulo university focused on urban development. She has also completed a course at FGV, a top business school in Brazil, on real estate investment.
Beatriz holds a PhD in Architecture and Urban Planning from the University of Campinas, São Paulo, where she studied the relationship between finance and housing policy in São Paulo in comparison with the market in Madrid. She is fluent in Portuguese, English, and Spanish.
Beatriz very much wants to master meditation, but finds the choice between waking up early to meditate and sleeping later a tough one. In fact, currently with four children ten years and under, relaxation is a word that is not in her vocabulary.
