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Francesco Costa (businessman)

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Francesco Costa

Francesco Costa (born on November 10th 1972 in Rome, Italy) is an Italian entrepreneur and chairman of Primavera Investments, a global investment platform he co-founded in 2018, that among other companies includes Spring Studios, where he sits on the board as a Chairman and Spring Place he co-founded in 2016.[1]

Education and early career[edit]

Francesco Costa was born in 1972 and raised in Rome, Italy. His father was an Architecture Professor at Valle Giulia, La Sapienza University in Rome, a real estate developer and now is dedicated full time to the Torre San Martino wineries[2]. Francesco received an honorary degree in finance and spends his time in Switzerland, NYC, Italy and London.

He started his career co-founding ISI Holding SRL in 1995, an investment holding that operates in the financial services, insurance, media and TLC[3]. In 2006 ISI Money Transfer, part of the group ISI Holding, with a core business in the money transfer service, transaction security solutions, and documentation services quickly became the third largest in Europe[4], offering instant money transfer services for all EU foreigners[5]. In 2011 Western Union acquired ISI Money Transfer division[6].[7]

Career[edit][edit]

In 2013 Francesco joined Spring Studios as chairman of the board[8]. Spring was founded in London in the late 90's as a studio space for still and motion shoots[9], opening in 2013 in the heart of New York City's Tribeca neighborhood[10] and 2015 in Milan.[11]

In June 2016, Costa, along with his business partner Alessandro Cajrati Crivelli, founded the co-working club[12] Spring Place in the same building of its umbrella company, Spring Studios, in NYC.[13] After New York’s opening, in 2018 Francesco and Alessandro signed a lease to open Spring Place in Beverly Hills.[14] The club caters to a global community of leading professionals and entrepreneurs shaping the business of contemporary culture[15].[16]

In 2019 Francesco Costa, along with Hank Uberoi and Alok Oberoi, co-founded Primavera, an investment platform that operates in the luxury and creative industries.

In 2013 Francesco, together with Flavio Briatore, co-founded Billionaire Lifestyle, a platform dedicated to service and hospitality.[17]

Other ventures[edit]

Social Responsibility[edit]

Francesco Costa built his reputation with his media company, Migreat.[18] and My Own Media supporting migrants and immigrants in Europe.

Francesco has been an initial investor in Formula E and in 2014, along with Leonardo DiCaprio and Gildo Pallanca Pastor, co-founded the Venturi Formula E Team in Monaco.[19]

References[edit]

  1. "Co-founder & CEO of Spring Francesco Costa on creative co-working". Lux Magazine. 2018-07-20. Retrieved 2020-10-21.
  2. "Dalla cattedra universitaria ad artigiano del vino". Forbes Italia (in italiano). 2018-09-27. Retrieved 2020-10-21.
  3. "NASCE ISI FINANCIAL, SOCIETÀ DI SERVIZI FINANZIARI PER IL TARGET "ATIPICI"DEL GRUPPO ANGELO COSTA ALESSANDRO VOGLINO È IL NUOVO DIRETTORE GENERALE". www.marketpress.info. Retrieved 2020-10-21.
  4. Redazione (2006-10-12). "Prestiti per stranieri: soluzione cessione del quinto ISI". ContoCorrenteOnline.it (in italiano). Retrieved 2020-10-21.
  5. "Angelo Costa Srl - Company Profile and News". Bloomberg.com. Retrieved 2020-10-21.
  6. "WESTERN UNION INTERNATIONAL, INC - 5 AZIONI - 1967". Scripofilia (in italiano). Retrieved 2020-10-21.
  7. "Western Union to buy European agent Angelo Costa". Finextra Research. 2011-01-04. Retrieved 2020-10-21.
  8. "Spring Studios Founder Francesco Costa on creative networking". Lux Magazine. 2019-09-19. Retrieved 2020-10-21.
  9. Magazine, Wallpaper* (2015-09-14). "Lofty ambitions: Tribeca's Spring Studios multidisciplinary evolution". Wallpaper*. Retrieved 2020-10-21.
  10. "Spring is the New Home of New York Fashion Week". NOWFASHION. 2018-02-07. Retrieved 2020-10-21.
  11. Zargani, Luisa; Zargani, Luisa (2017-05-03). "Isabelle Harvie-Watt Joins Spring Studios in Milan". WWD. Retrieved 2020-10-21.
  12. "Spring Fever". www.magzter.com.
  13. "Spring Launches Resident Memberships and Expands into Global Creative Capitals". The Business of Fashion. 2017-11-20. Retrieved 2020-10-21.
  14. "Spring Place members' club opens in Beverly Hills". Dezeen. 2018-11-13. Retrieved 2020-10-21.
  15. Samaha, Barry. "Anja Rubik, Waris Ahluwalia and More Celebrate the Caviar Kaspia Pop-Up at Spring Place". Forbes. Retrieved 2020-10-21.
  16. Edelson, Sharon; Edelson, Sharon (2017-09-21). "Relationship-Building Key to Success of Spring Studios, Spring Place". WWD. Retrieved 2020-10-21.
  17. "Billionaire e Twiga sul mercato". app.milanofinanza.it. Retrieved 2020-10-21.
  18. Solon, Olivia (2014-01-16). "Startup of the Week: Migreat". Wired UK. ISSN 1357-0978. Retrieved 2020-10-21.
  19. "All-electric race series with Leonardo DiCaprio team headed to L.A." Los Angeles Times. 2013-12-27. Retrieved 2020-10-21.


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