The Latin American Art Museum of Buenos Aires (Spanish: Museo de Arte Latinoamericano de Buenos Aires, MALBA) is a museum located on Figueroa Alcorta Avenue, in the Palermo section of Buenos Aires.Created by Argentine businessman Eduardo Costantini, the museum is operated by the not-for-profit Fundación MALBA – Costantini, and was inaugurated on September 21, 2001.