Calixto Global Investors, LP is a fundamentally oriented investment manager focused on the Technology, Media, Telecom (“TMT”) and Consumer sectors globally.
SINCE CALIXTO’S FOUNDING IN 2014, we have employed a concentrated, longer-term approach to investing in companies we believe are misunderstood by the market. Given our breadth of global investment experience, the team is uniquely positioned to capitalize on opportunities across our universe with a particular focus on geographies such as Japan, China and the United States.
Eduardo Costa is the Founder and Portfolio Manager of Calixto Global Investors. Prior to founding Calixto, Eduardo spent five years as the Director of Research at JAT Capital Management. Before JAT, Eduardo was a Managing Director and Analyst in the TMT group at Carlyle Blue Wave Partners. He spent the four previous years as an Analyst at Shumway Capital Partners and as a member of the SCP Omni Fund team, covering the TMT and Travel, Leisure and Gaming sectors. Eduardo began his career as an Analyst at Lazard Asset Management in the Emerging Market Equities group.
Eduardo earned a B.A. in Economics and International Relations from the University of Pennsylvania before going on to earn an M.B.A. from Columbia Business School. Eduardo is first-generation Cuban American and grew up in South Florida. Calixto is a minority-owned investment manager.
Eduardo Costa, Calixto Global Investors' founder and portfolio manager, joins ‘Closing Bell: Overtime’ to discuss market bottoms, risk rewards, multiples and generating alpha in his short book.
Today’s price action was to be expected, given the rally we’ve had, says Calixto Global’s Costa
Eduardo Costa, Calixto Global Investors' founder and portfolio manager, joins ‘Closing Bell: Overtime’ to discuss market bottoms, risk rewards, multiples and generating alpha in his short book.
Costa Discusses Tech Equities on CNBC TV's Squawk on the Street
Eduardo Costa, Calixto Global Investors Founder and Portfolio Manager, joins CNBC TV's Squawk on the Street to discuss companies facing difficult comps and decelerating growth, which tech sectors offer opportunties and more.
Eduardo Costa Discusses Bear Market Bounce on CNBC TV Closing Bell Overtime
Eduardo Costa, founder and portfolio manager at Calixto Global Investors, joins ‘Closing Bell: Overtime’ to discuss how to invest during the current quickly changing market environment.
Eduardo Costa Discusses Tech Growth Stocks on CNBC TV's TechCheck
Eduardo Costa, Calixto Global Investors founder and portfolio manager, joins CNBC TV's TechCheck to discuss which growth stocks Costa is bullish on and what metrics Costa uses to gauge quality stocks.
Surge in Japanese IPOs points to Lack of Venture Capital Culture
Tokyo sees busiest month ever for new listings but investors say companies look woefully unready.
Eduardo Costa Discusses Tech Stocks on CNBC TechCheck
"This is an exciting time for investing in software," says Calixto founder Eduardo Costa, Calixto Global Investors founder. He joins “TechCheck” to discuss the state of investing in software and the broader market.
Xi Jinping’s Capitalist Smackdown Sparks a $1 Trillion Reckoning
After 40 years of allowing the market to play an expanding role in driving prosperity, China’s leaders have remembered something important — they’re Communists.
It was mid-June, and the most powerful Chinese Communist Party leader since Mao Zedong was holding court at an after-school club for elementary students in the remote city of Xining. Acknowledging the growing pressure on students and their parents to spend time and money on private tutoring, Xi promised to ease their burden.
The founder of $300 million Tiger grand-cub Calixto Global Investors walks us through how meme stocks and retail traders have changed how he invests
Costa said he is hyper-focused on fundamentals as companies come out of the pandemic, especially in tech companies whose "fundamentals were accelerated." But the advent of retail traders' power has warped many of the long-standing rules investors like Costa have lived by.
At Coral Gables, Florida-based Calixto Global Investors, there is a strong appreciation for what the Reddit crowd can do. "The fact of the matter is we have to be aware of the most popular meme stocks now," said Eduardo Costa, who founded Calixto in 2014 with $25 million and has since grown the firm to more than $300 million.
Calixto's Eduardo Costa Featured in Hedge Fund Journal's 2021 Tomorrow's Titans
Calixto’s non-US and small/mid cap emphasis naturally reduces the risk of being in overcrowded names, but both institutional and retail investor crowding are nonetheless watched: “Short book crowding is a greater worry as seen in the January 2021 short squeeze, which forced some funds to exit positions when they should have added. We were able to take advantage of the late January 2021 dislocation. When peers were covering shorts, we were adding to ours and buying losers on the long side. Playing offense really helped with the rebound."
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Eduardo Costa Discusses Japan Stocks on HedgeD Podcast
Calixto Global Investors' Eduardo Costa discusses Japanese Digital Payments, E-Commerce and Cloud Services companies with Morgan Creek Capital Management HedgeD co-hosts Mark Yusko, Cory Lester and Andrew Schmeelk.
Hedge Funds Hunt Frothy Names to Short, Even After GameStop
Here’s where a few of last year’s big winners are putting their money this year, according to people familiar with the firms: Eduardo Costa - Calixto Global Investors. Focus: Global tech and consumer stocks, primarily small- and mid-caps.
Japan’s digital leap forward — and about time too
New Prime Minister makes tech transformation a flagship policy in paperbound society.
Long/Short Equity, Hedge Specialists Set to Gain in '21 amid COVID-19 Uncertainty
COVID-19 has created greater penetration in areas, including e-commerce, certain pockets of software enabling remote work and the connected fitness space, says Eduardo Costa, Founder and Portfolio Manager at Calixto Global Investors. But at the same time, some of the current “winners” will not be able to sustain their momentum. “I think it’s going to be…a stock pickers market going forward.”
Wall St Week Ahead-Big tech stocks may face post-election headwinds, no matter who wins
A shift to value stocks “is increasingly likely over the next 12 months,” said Eduardo Costa, who runs hedge fund Calixto Global Investors, LP.
Why Japan is obsessed with paper
For a country often depicted as the pinnacle of high-tech living Japan has a surprising and enduring obsession with paper. That might finally be changing.
Today’s price action was to be expected, given the rally we’ve had, says Calixto Global’s Costa
Eduardo Costa, Calixto Global Investors' founder and portfolio manager, joins ‘Closing Bell: Overtime’ to discuss market bottoms, risk rewards, multiples and generating alpha in his short book.
Costa Discusses Tech Equities on CNBC TV's Squawk on the Street
Eduardo Costa, Calixto Global Investors Founder and Portfolio Manager, joins CNBC TV's Squawk on the Street to discuss companies facing difficult comps and decelerating growth, which tech sectors offer opportunties and more.
Eduardo Costa Discusses Bear Market Bounce on CNBC TV Closing Bell Overtime
Eduardo Costa, founder and portfolio manager at Calixto Global Investors, joins ‘Closing Bell: Overtime’ to discuss how to invest during the current quickly changing market environment.
Eduardo Costa Discusses Tech Growth Stocks on CNBC TV's TechCheck
Eduardo Costa, Calixto Global Investors founder and portfolio manager, joins CNBC TV's TechCheck to discuss which growth stocks Costa is bullish on and what metrics Costa uses to gauge quality stocks.
Eduardo Costa Discusses Tech Stocks on CNBC TechCheck
"This is an exciting time for investing in software," says Calixto founder Eduardo Costa, Calixto Global Investors founder. He joins “TechCheck” to discuss the state of investing in software and the broader market.
The founder of $300 million Tiger grand-cub Calixto Global Investors walks us through how meme stocks and retail traders have changed how he invests
Costa said he is hyper-focused on fundamentals as companies come out of the pandemic, especially in tech companies whose "fundamentals were accelerated." But the advent of retail traders' power has warped many of the long-standing rules investors like Costa have lived by.
At Coral Gables, Florida-based Calixto Global Investors, there is a strong appreciation for what the Reddit crowd can do. "The fact of the matter is we have to be aware of the most popular meme stocks now," said Eduardo Costa, who founded Calixto in 2014 with $25 million and has since grown the firm to more than $300 million.
Calixto's Eduardo Costa Featured in Hedge Fund Journal's 2021 Tomorrow's Titans
Calixto’s non-US and small/mid cap emphasis naturally reduces the risk of being in overcrowded names, but both institutional and retail investor crowding are nonetheless watched: “Short book crowding is a greater worry as seen in the January 2021 short squeeze, which forced some funds to exit positions when they should have added. We were able to take advantage of the late January 2021 dislocation. When peers were covering shorts, we were adding to ours and buying losers on the long side. Playing offense really helped with the rebound."
Hedge Funds Hunt Frothy Names to Short, Even After GameStop
Here’s where a few of last year’s big winners are putting their money this year, according to people familiar with the firms: Eduardo Costa - Calixto Global Investors. Focus: Global tech and consumer stocks, primarily small- and mid-caps.
Long/Short Equity, Hedge Specialists Set to Gain in '21 amid COVID-19 Uncertainty
COVID-19 has created greater penetration in areas, including e-commerce, certain pockets of software enabling remote work and the connected fitness space, says Eduardo Costa, Founder and Portfolio Manager at Calixto Global Investors. But at the same time, some of the current “winners” will not be able to sustain their momentum. “I think it’s going to be…a stock pickers market going forward.”
Wall St Week Ahead-Big tech stocks may face post-election headwinds, no matter who wins
A shift to value stocks “is increasingly likely over the next 12 months,” said Eduardo Costa, who runs hedge fund Calixto Global Investors, LP.
Surge in Japanese IPOs points to Lack of Venture Capital Culture
Tokyo sees busiest month ever for new listings but investors say companies look woefully unready.
Xi Jinping’s Capitalist Smackdown Sparks a $1 Trillion Reckoning
After 40 years of allowing the market to play an expanding role in driving prosperity, China’s leaders have remembered something important — they’re Communists.
It was mid-June, and the most powerful Chinese Communist Party leader since Mao Zedong was holding court at an after-school club for elementary students in the remote city of Xining. Acknowledging the growing pressure on students and their parents to spend time and money on private tutoring, Xi promised to ease their burden.
How AI Can Transform Contact Centers' Unstructured Content
AI solutions can interface with your existing software to process unstructured content and integrate it into your workflow. You're then equipped to automate tasks and derive true value out of unstructured content.
Japan’s digital leap forward — and about time too
New Prime Minister makes tech transformation a flagship policy in paperbound society.