iFormation Group Broadens European Coverage to Include Germany; Philipp Kobus, Ex-Internet Capital Group to Join Management Team

Apr 10, 2001, 01:00 ET from iFormation Group

    NEW YORK, April 10 /PRNewswire/ -- Philipp Kobus, formerly of Internet
 Capital Group, has joined iFormation Group as a Director based in the
 company's London office. As part of the global management team, Kobus will be
 responsible for the establishment and development of iFormation's operations
 in Germany.
     Kobus was formerly a Vice President at Internet Capital Group
 (Nasdaq:   ICGE), the B2B investment firm, where he built ICG's European
 operations, investing over $200 million into 14 companies in the e-commerce
 services and enabling technology sectors.  He was also a founding Director of
 Emetra Ltd., the high-profile joint venture between ICG, Enron and Deutsche
 Boerse stalking the London Metals Exchange.
     "Philipp Kobus has a strong track record for building new technology joint
 ventures," said David Pecaut, President of iFormation Group.  "He is an
 up-and-coming leader in the German digital space, and will play a leadership
 role in building out iFormation's capabilities there, as well as other
 European markets, where we are already gaining significant traction."
     "iFormation Group has an enormous opportunity to deepen its capabilities
 and expand its partnerships, not only in Germany, but all over the continent.
 With some 800 of the Global 2000 companies in Europe, this is a large and
 fast-growing market for applying the iFormation model and building new
 technology businesses," said Kobus.
     Previously, Kobus was a Senior Manager at McKinsey & Company in Munich and
 London, where he worked with major clients in the technology sector. He also
 helped establish McKinsey's European E-Commerce Practice, which became one of
 the fastest growing practices in the Firm. Kobus previously worked for
 Bertelsmann's B2B publishing division in mergers and acquisitions.  Kobus
 holds an MBA from Harvard Business School, an MA from the University of
 Munich, where he was a scholar of the German National Scholarship Foundation
 and a BA from the University of Tubingen.
     The appointment of Kobus follows the European management appointments of
 Patrick Forth, Nicolas Kachaner, Sebastian James and Carol Weatherall in
 January this year and the recent appointment of Jan Erik Gustavasson as
 Technology Officer for Europe.
 
     About iFormation Group
     iFormation is a company created by The Boston Consulting Group, the
 strategy consultants, General Atlantic Partners, the technology investment
 firm, and Goldman Sachs, the investment bank, to carve new economy ventures
 out of traditional companies in partnership with the Global 2000. iFormation
 teams with industry leaders to acquire, develop and build new Internet and
 technology ventures that leverage the corporate partners' legacy assets.
 iFormation's international network and management generates value for leading
 companies by emphasizing speed to market, core business development and deep
 technology expertise.
 
     For more information, visit http://www.iformationgroup.com
 
 

SOURCE iFormation Group
    NEW YORK, April 10 /PRNewswire/ -- Philipp Kobus, formerly of Internet
 Capital Group, has joined iFormation Group as a Director based in the
 company's London office. As part of the global management team, Kobus will be
 responsible for the establishment and development of iFormation's operations
 in Germany.
     Kobus was formerly a Vice President at Internet Capital Group
 (Nasdaq:   ICGE), the B2B investment firm, where he built ICG's European
 operations, investing over $200 million into 14 companies in the e-commerce
 services and enabling technology sectors.  He was also a founding Director of
 Emetra Ltd., the high-profile joint venture between ICG, Enron and Deutsche
 Boerse stalking the London Metals Exchange.
     "Philipp Kobus has a strong track record for building new technology joint
 ventures," said David Pecaut, President of iFormation Group.  "He is an
 up-and-coming leader in the German digital space, and will play a leadership
 role in building out iFormation's capabilities there, as well as other
 European markets, where we are already gaining significant traction."
     "iFormation Group has an enormous opportunity to deepen its capabilities
 and expand its partnerships, not only in Germany, but all over the continent.
 With some 800 of the Global 2000 companies in Europe, this is a large and
 fast-growing market for applying the iFormation model and building new
 technology businesses," said Kobus.
     Previously, Kobus was a Senior Manager at McKinsey & Company in Munich and
 London, where he worked with major clients in the technology sector. He also
 helped establish McKinsey's European E-Commerce Practice, which became one of
 the fastest growing practices in the Firm. Kobus previously worked for
 Bertelsmann's B2B publishing division in mergers and acquisitions.  Kobus
 holds an MBA from Harvard Business School, an MA from the University of
 Munich, where he was a scholar of the German National Scholarship Foundation
 and a BA from the University of Tubingen.
     The appointment of Kobus follows the European management appointments of
 Patrick Forth, Nicolas Kachaner, Sebastian James and Carol Weatherall in
 January this year and the recent appointment of Jan Erik Gustavasson as
 Technology Officer for Europe.
 
     About iFormation Group
     iFormation is a company created by The Boston Consulting Group, the
 strategy consultants, General Atlantic Partners, the technology investment
 firm, and Goldman Sachs, the investment bank, to carve new economy ventures
 out of traditional companies in partnership with the Global 2000. iFormation
 teams with industry leaders to acquire, develop and build new Internet and
 technology ventures that leverage the corporate partners' legacy assets.
 iFormation's international network and management generates value for leading
 companies by emphasizing speed to market, core business development and deep
 technology expertise.
 
     For more information, visit http://www.iformationgroup.com
 
 SOURCE  iFormation Group