Eduardo Constantini
Encyclopedia
Eduardo Francisco Costantini (born September 17, 1946) is an Argentine
real estate developer, businessman, philanthropist
and head of the venture capital firm Consultatio, based in Buenos Aires
.
to María Carolina Malbrán and Vicente Costantini. He enrolled in the Argentine Catholic University, and graduated with a degree in Economics in 1971. He earned a Master's degree
in the same discipline at the University of East Anglia
, in 1975, established a brokerage house, Consultatio Bursátil, in 1980, and completed a Capital Markets Course at the London School of Economics
in 1981. Costantini married María Teresa Correa
, and they had five children; Teresa Costantini would become a well-known film maker in Argentina.
He re-established Consultatio as an asset management firm in 1991, and served as Vice President of BBVA Banco Francés
between 1991 and 1993. He then ventured into the local real estate
market; some of his best known real estate projects in Argentina
include the development of the Nordelta district
, (Consultatio was a 50 percent investor
in the project) and the construction of twin luxury office towers in the Catalinas Norte
office park. Costantini announced an agreement in October 2000 between Consultatio, EFiltro, and IBM
to develop joint projects; EFiltro is an Argentine venture capital
firm active in the internet
market in Latin America
and the United States
. As part of the agreement, Consultatio would help realize contracts with investors for projects that EFiltro has evaluated as interesting for development, and IBM would provide the necessary infrastructure.
Costantini and his wife were divorced, and he married Gloria Fiorito, with whom he had two children. He amassed one of the largest, most valuable and most diverse collections of modern
and contemporary
Latin American art in the world. Establishing a foundation to the effect in 1997, he assembled the vast majority of these works are housed in his personal museum, the Museo de Arte Latinoamericano de Buenos Aires (MALBA); inaugurated in 2001, MALBA is one of the most significant arts institutions in the Argentine capital. Costantini attended an event that occurred in Mexico City
on May 23, 2003, hosted by Carlos Slim Helú
for 30 of Latin America
's most important businessmen in a gathering officially referred to as "Latin American Businessmen: An Encounter Between Fathers And Sons."
An avid kite surfer, he suffered a serious accident while enjoying the sport at Nordelta during a storm on November 12, 2003. He recovered, and continued to manage Consultatio, issuing the company's IPO on the Buenos Aires Stock Exchange
in May 2008.
Costantini is a member of the Chairman's Council of the Museum of Modern Art
, New York
, of the Advisory Committee of the David Rockefeller Center for Latin American Studies
, at Harvard, and a founding member of the Synergos
Global Philanthropist Circle, in New York.
Argentina
Argentina , officially the Argentine Republic , is the second largest country in South America by land area, after Brazil. It is constituted as a federation of 23 provinces and an autonomous city, Buenos Aires...
real estate developer, businessman, philanthropist
Philanthropist
A philanthropist is someone who engages in philanthropy; that is, someone who donates his or her time, money, and/or reputation to charitable causes...
and head of the venture capital firm Consultatio, based in Buenos Aires
Buenos Aires
Buenos Aires is the capital and largest city of Argentina, and the second-largest metropolitan area in South America, after São Paulo. It is located on the western shore of the estuary of the Río de la Plata, on the southeastern coast of the South American continent...
.
Life and times
Costantini was born in Buenos AiresBuenos Aires
Buenos Aires is the capital and largest city of Argentina, and the second-largest metropolitan area in South America, after São Paulo. It is located on the western shore of the estuary of the Río de la Plata, on the southeastern coast of the South American continent...
to María Carolina Malbrán and Vicente Costantini. He enrolled in the Argentine Catholic University, and graduated with a degree in Economics in 1971. He earned a Master's degree
Master's degree
A master's is an academic degree granted to individuals who have undergone study demonstrating a mastery or high-order overview of a specific field of study or area of professional practice...
in the same discipline at the University of East Anglia
University of East Anglia
The University of East Anglia is a public research university based in Norwich, United Kingdom. It was established in 1963, and is a founder-member of the 1994 Group of research-intensive universities.-History:...
, in 1975, established a brokerage house, Consultatio Bursátil, in 1980, and completed a Capital Markets Course at the London School of Economics
London School of Economics
The London School of Economics and Political Science is a public research university specialised in the social sciences located in London, United Kingdom, and a constituent college of the federal University of London...
in 1981. Costantini married María Teresa Correa
María Teresa Costantini
María Teresa Costantini is an Argentine film actress, screenwriter and film director who has appeared in films since 1989....
, and they had five children; Teresa Costantini would become a well-known film maker in Argentina.
He re-established Consultatio as an asset management firm in 1991, and served as Vice President of BBVA Banco Francés
BBVA Banco Francés
BBVA Banco Francés is a financial institution in Argentina.-History:Founded on October 14, 1886, in Buenos Aires as Banco Francés del Río de la Plata , it is the oldest private bank in Argentina...
between 1991 and 1993. He then ventured into the local real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
market; some of his best known real estate projects in Argentina
Argentina
Argentina , officially the Argentine Republic , is the second largest country in South America by land area, after Brazil. It is constituted as a federation of 23 provinces and an autonomous city, Buenos Aires...
include the development of the Nordelta district
Nordelta
Nordelta district, located at the north of the Tigre Partido, Buenos Aires Province, Argentina, consists of a gated community made up of 9 neighborhoods, founded in 1999 and known as the first ciudadpueblo of Argentina; it is close to the town General Pacheco.When compared to older gated...
, (Consultatio was a 50 percent investor
Investor
An investor is a party that makes an investment into one or more categories of assets --- equity, debt securities, real estate, currency, commodity, derivatives such as put and call options, etc...
in the project) and the construction of twin luxury office towers in the Catalinas Norte
Catalinas Norte
Catalinas Norte is an important business complex composed of fifteen commercial office buildings, in two sections, and occupied by numerous leading Argentine companies, foreign subsidiaries, diplomatic offices, and a hotel...
office park. Costantini announced an agreement in October 2000 between Consultatio, EFiltro, and IBM
IBM
International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...
to develop joint projects; EFiltro is an Argentine venture capital
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
firm active in the internet
Internet
The Internet is a global system of interconnected computer networks that use the standard Internet protocol suite to serve billions of users worldwide...
market in Latin America
Latin America
Latin America is a region of the Americas where Romance languages – particularly Spanish and Portuguese, and variably French – are primarily spoken. Latin America has an area of approximately 21,069,500 km² , almost 3.9% of the Earth's surface or 14.1% of its land surface area...
and the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
. As part of the agreement, Consultatio would help realize contracts with investors for projects that EFiltro has evaluated as interesting for development, and IBM would provide the necessary infrastructure.
Costantini and his wife were divorced, and he married Gloria Fiorito, with whom he had two children. He amassed one of the largest, most valuable and most diverse collections of modern
Modern art
Modern art includes artistic works produced during the period extending roughly from the 1860s to the 1970s, and denotes the style and philosophy of the art produced during that era. The term is usually associated with art in which the traditions of the past have been thrown aside in a spirit of...
and contemporary
Contemporary art
Contemporary art can be defined variously as art produced at this present point in time or art produced since World War II. The definition of the word contemporary would support the first view, but museums of contemporary art commonly define their collections as consisting of art produced...
Latin American art in the world. Establishing a foundation to the effect in 1997, he assembled the vast majority of these works are housed in his personal museum, the Museo de Arte Latinoamericano de Buenos Aires (MALBA); inaugurated in 2001, MALBA is one of the most significant arts institutions in the Argentine capital. Costantini attended an event that occurred in Mexico City
Mexico City
Mexico City is the Federal District , capital of Mexico and seat of the federal powers of the Mexican Union. It is a federal entity within Mexico which is not part of any one of the 31 Mexican states but belongs to the federation as a whole...
on May 23, 2003, hosted by Carlos Slim Helú
Carlos Slim Helú
Carlos Slim Helú is a Mexican business magnate and philanthropist who as of 2011 is the richest person in the world, for the second year in a row...
for 30 of Latin America
Latin America
Latin America is a region of the Americas where Romance languages – particularly Spanish and Portuguese, and variably French – are primarily spoken. Latin America has an area of approximately 21,069,500 km² , almost 3.9% of the Earth's surface or 14.1% of its land surface area...
's most important businessmen in a gathering officially referred to as "Latin American Businessmen: An Encounter Between Fathers And Sons."
An avid kite surfer, he suffered a serious accident while enjoying the sport at Nordelta during a storm on November 12, 2003. He recovered, and continued to manage Consultatio, issuing the company's IPO on the Buenos Aires Stock Exchange
Buenos Aires Stock Exchange
The Buenos Aires Stock Exchange is the organization responsible for the operation of Argentina's primary stock exchange located at Buenos Aires CBD. Founded in 1854, is the successor of the Banco Mercantil, created in 1822 by Bernardino Rivadavia.Citing BCBA's self definition: "It is a...
in May 2008.
Costantini is a member of the Chairman's Council of the Museum of Modern Art
Museum of Modern Art
The Museum of Modern Art is an art museum in Midtown Manhattan in New York City, on 53rd Street, between Fifth and Sixth Avenues. It has been important in developing and collecting modernist art, and is often identified as the most influential museum of modern art in the world...
, New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
, of the Advisory Committee of the David Rockefeller Center for Latin American Studies
David Rockefeller Center for Latin American Studies
Founded in 1994, Harvard's David Rockefeller Center for Latin American Studies works to increase knowledge of the cultures, economies, histories, environment, and contemporary affairs of past and present Latin America. The Center's main office is located in Cambridge, Massachusetts at Harvard...
, at Harvard, and a founding member of the Synergos
Synergos
Synergos is a non-profit organization with a mission to reduce global poverty through “inclusive partnerships” that bring together government, business, civil society and local communities.- History :...
Global Philanthropist Circle, in New York.
See also
- MALBAMALBAThe Latin American Art Museum of Buenos Aires is a museum located on Figueroa Alcorta Avenue, in the Palermo section of Buenos Aires.Created by Argentine businessman Eduardo Constantini, the museum is operated by the not-for-profit Fundación MALBAConstantini, and was inaugurated on September 21,...
.