Former StudiVZ executive Michael Brehm joins Target Partners

Press release

Munich, Germany, 19th November 2009: Effective immediately, Michael Brehm has joined Munich-based venture capital firm Target Partners as a venture partner. Brehm, formerly a managing director of Berlin-based VZnet Netzwerke Ltd (schülerVZ, studiVZ, meinVZ), will strengthen the venture capital firm’s focus on startups and consumer Internet.

Brehm, 29, is also an active business angel, having invested in numerous successful companies since 2006. “One of my roles at Target Partners will be to help bring out the strong potential of European Internet startups,” says Brehm. “I am really looking forward to working with Target Partners, one of Germany’s most renowned early-stage investors,” says Brehm.

From 2006 to 2008, Brehm was a managing partner with VZnet Netzwerke Ltd. (schülerVZ, studiVZ, meinVZ). He helped transform the social networking startup, founded by two university students, into one of the largest Internet companies in Europe. Brehm began his career in 2005 as a merger and acquisitions analyst at Merrill Lynch Inc. “With Michael Brehm we are further expanding our venture partner program. He has extensive entrepreneurial experience as well as experience as a business angel. Furthermore, Michael has a great network in the European Internet scene,” says Olaf Jacobi, partner with Target Partners, about the decision to bring on Brehm.

About Target Partners:
Target Partners is one of the leading early-stage venture capital funds in Germany. The firm invests in start- up and early stage companies and supports them during their build-out and expansion phases. With many years of experience as managers, entrepreneurs and venture capitalists, the team at Target Partners supports entrepreneurs in developing and marketing products and services, building organizations, raising money and taking companies public in Europe and the United States.
For more details please see: www.targetpartners.de

Press contact Target Partners:
Compass Communications GmbH
Agentur für Unternehmenskommunikation
Helena Horak
Hesseloher Str. 9
80802 München

Tel.: +49 (0) 89 189 508-80
Fax: +49 (0) 89 189 508-97
Mail: helena.horak@compass-communications.de

Publisher Contact Information:

Compass Communications GmbH
+49 (0) 89 189 508-80
helena.horak@compass-communications.de

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