Team
Azuria Capital
Tavi Costa
Founder and CEO of Azuria Capital
Tavi is a macro investor, natural resource entrepreneur, and the Founder and CEO of Azuria Capital. Throughout his career, he has focused on analyzing global markets through a long-term macro lens, combining data-driven research, historical analysis, and fundamental investment work to identify structural trends and capital cycles. His investment approach emphasizes understanding liquidity dynamics, investor positioning, and long-duration themes that can shape markets over many years.
Tavi’s macro research and thematic frameworks have reached millions of readers globally, attracting the attention of policymakers, leading investors, and major institutions. His work has frequently explored long-term developments across commodities, precious metals, energy markets, sovereign debt, global capital flows, and emerging markets. He has been featured in The Wall Street Journal, Barron’s, Bloomberg, Reuters, CNN, Fox Business, and other major financial publications, and has presented his research at the International Monetary Fund (IMF).
Tavi is the founding shareholder of San Cristóbal Mining following the acquisition of the world’s fourth-largest silver mine, one of the most significant mining transactions in recent years. His experience spans both public markets and private business ownership, providing a unique perspective on capital allocation across investment strategies and operating businesses.
Tavi graduated cum laude from Lindenwood University in St. Louis and played NCAA Division I tennis for Liberty University.
Ryan Mahon
Partner and COO of Azuria Capital
Ryan is an investor, technologist, and outdoor enthusiast. He is the founder of AquaVis Advisors – a biomimicry-inspired research and advisory firm – and the co-founder of CrowdCent – a machine-learning-powered investment platform. Previously, he ran the Mobility Strategy at Ibex Investors and worked as a Sector Head (Internet) and Associate Portfolio Manager at Millennium Management and as an Investment Analyst (Global Technology) at Folger Hill Asset Management. He graduated magna cum laude from Georgetown University, McDonough School of Business, with a BSBA in Finance, Accounting, and Psychology, and is a CFA Charterholder.

