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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ___________)*
The Cobalt Group, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $.01
- --------------------------------------------------------------------------------
(Title of Class of Securities)
19074Q103
- --------------------------------------------------------------------------------
(CUSIP Number)
August 5, 1999
- --------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
/ / Rule 13d-1(b)
/ / Rule 13d-1(c)
/X/ Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
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CUSIP No. 19074Q103
- --------------------------------------------------------------------------------
1. Names of Reporting Persons. Mark T. Koulogeorge
I.R.S. Identification Nos. of above persons (entities only)
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) / /
(b) /X/
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
5. Sole Voting Power 142,000
Number of --------------------------------------------------------
Shares
Beneficially 6. Shared Voting Power 1,205,504
Owned by
Each Reporting --------------------------------------------------------
Person With
7. Sole Dispositive Power 142,000
--------------------------------------------------------
8. Shared Dispositive Power 1,205,504
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,347,504
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares / /
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 8.0%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) IN
- --------------------------------------------------------------------------------
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CUSIP No. 19074Q103
- --------------------------------------------------------------------------------
1. Names of Reporting Persons Environmental Private Equity Fund II, L.P.
I.R.S. Identification Nos. of above persons (entities only) 36 3830765
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) / /
(b) /X/
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization Delaware
- --------------------------------------------------------------------------------
5. Sole Voting Power 697,294
Number of --------------------------------------------------------
Shares
Beneficially 6. Shared Voting Power 0
Owned by
Each Reporting --------------------------------------------------------
Person With
7. Sole Dispositive Power 697,294
--------------------------------------------------------
8. Shared Dispositive Power 0
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 697,294
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares / /
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 4.1%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) PN
- --------------------------------------------------------------------------------
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CUSIP No. 19074Q103
- --------------------------------------------------------------------------------
1. Names of Reporting Persons The Productivity Fund III, L.P.
I.R.S. Identification Nos. of above persons (entities only) 51 0369223
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) / /
(b) /X/
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization Delaware
- --------------------------------------------------------------------------------
5. Sole Voting Power 507,580
Number of --------------------------------------------------------
Shares
Beneficially 6. Shared Voting Power 0
Owned by
Each Reporting --------------------------------------------------------
Person With
7. Sole Dispositive Power 507,580
--------------------------------------------------------
8. Shared Dispositive Power 0
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 507,580
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares / /
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 3.0%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) PN
- --------------------------------------------------------------------------------
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Item 1.
(a) Name of Issuer
The Cobalt Group, Inc.
(b) Address of Issuer's Principal Executive Offices
2030 First Avenue
Suite 300
Seattle, Washington 98121
Item 2.
(a) Name of Person Filing
Mark T. Koulogeorge ("Koulogeorge"), Environmental Private Equity Fund
II, L.P. ("EPEF II") and The Productivity Fund III, L.P. ("PF III")
(b) Address of Principal Business Office or, if none, Residence
Koulogeorge, EPEF II and PF III maintain their principal place of
business at 233 South Wacker Drive, Suite 9500, Chicago, Illinois
60606.
(c) Citizenship
Koulogeorge is a citizen of the United States. EPEF II and PF III are
Delaware limited partnerships.
(d) Title of Class of Securities
Common Stock, par value $.01
(e) CUSIP Number
19074Q103
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Item 3. Not applicable
Item 4. Ownership
(a) Amount beneficially owned
Koulogeorge is the record owner of 142,000 shares; and by
virtue of his status as an executive officer of the ultimate
general partner of EPEF II, may be deemed to be the beneficial
owner of 697,924 shares; and by virtue of his status as a member
of the limited liability company which is the general partner of
PF III, may be deemed the beneficial owner of 507,580 shares.
EPEF II is the record owner of 697,924 shares.
PF III is the record owner of 507,580 shares.
(b) Percent of Class
Koulogeorge is the record owner of 0.8%, based upon 16,848,926
shares outstanding, and may be deemed the beneficial owner of
8.0%, based upon 16,848,926 shares outstanding. EPEF II is the
beneficial owner of 4.1%, based upon 16,848,926 shares
outstanding. PF III is the beneficial owner of 3.0%, based upon
16,848,926 shares outstanding. The shares used to calculate these
percentages were reported outstanding on Issuer's 11/15/99
Form 10Q EDGAR filing.
(c) Number of shares as to which the person has
(i) Sole power to vote or direct the vote
Koulogeorge 142,000 shares
EPEF II 697,924 shares
PFIII 507,580 shares
(ii) Shared power to vote or direct the vote
Koulogeorge 1,205,504 shares
(iii) Sole power to dispose or to direct the disposition of
Koulogeorge 142,000 shares
EPEF II 697,924 shares
PFIII 507,580 shares
(iv) Shared power to dispose or to direct the disposition of
Koulogeorge 1,205,504 shares
<PAGE>
Item 5. Not applicable.
Item 6. Not applicable
Item 7. Not applicable
Item 8. See Exhibit I.
Item 9. Not applicable
Item 10. Not applicable
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
Date: February 4, 2000
/s/ Mark T. Koulogeorge
--------------------------------------------
MARK T. KOULOGEORGE
ENVIRONMENTAL PRIVATE EQUITY FUND II, L.P.
a Delaware Limited Partnership
By: Environmental Private Equity Management
Company II, L.P., its general partner
By: First Analysis Environmental Management
Company II, its managing general partner
By: /s/ Bret R. Maxwell
---------------------------------------
Bret R. Maxwell, a general partner
THE PRODUCTIVITY FUND III, L.P.
a Delaware Limited Partnership
By: First Analysis Management Company III,
LLC, its general partner
By: /s/ Bret R. Maxwell
---------------------------------------
Bret R. Maxwell, managing member
<PAGE>
EXHIBIT I TO SCHEDULE 13G
IDENTIFICATION OF GENERAL PARTNER
The general partner of Environmental Private Equity Fund II, L.P. ("EPEF
II") is Environmental Private Equity Management Company II, L.P., whose
ultimate general partners are First Analysis Corporation ("FAC"), a Delaware
corporation and Bret R. Maxwell ("Maxwell").
The general partner of The Productivity Fund III, L.P. ("PF III") is
First Analysis Management Company III, LLC, whose members are Mark T.
Koulogeorge ("Koulogeorge"), FAC and Maxwell.
F. Oliver Nicklin ("Nicklin"), President and Director of FAC, and
Maxwell, Vice Chairman of FAC, take executive actions on behalf of FAC with
respect to FAC's functioning as an ultimate general partner of EPEF II.
Koulogeorge is a managing director of FAC. Each of Nicklin, Maxwell and
Koulogeorge maintains his principal office at 233 South Wacker Drive, Suite
9500, Chicago, Illinois 60606 ("Suite 9500"). Each of the above is
principally employed as an executive of FAC. FAC's principal business is
participation in venture capital partnerships and the provision of research
investment services. Its principal business address is Suite 9500.
To the best of EPEF II's and PF III's knowledge, each of the natural
persons listed above is a citizen of the United States.
<PAGE>
EXHIBIT II TO SCHEDULE 13G
17 C.F.R. 240.13d-1(k)(1)(iii)
Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, the
undersigned hereby agree that only one statement containing the information
required on Schedule 13G need be filed with respect to ownership by each of
the undersigned of shares of Common Stock of The Cobalt Group, Inc.
This Agreement may be executed in any number of counterparts, each of which
shall be deemed an original.
Dated: February 4, 2000
/s/ Mark T. Koulogeorge
--------------------------------------------
MARK T. KOULOGEORGE
ENVIRONMENTAL PRIVATE EQUITY FUND II, L.P.
a Delaware Limited Partnership
By: Environmental Private Equity Management
Company II, L.P., its general partner
By: First Analysis Environmental Management
Company II, its managing general partner
By: /s/ Bret R. Maxwell
---------------------------------------
Bret R. Maxwell, a general partner
THE PRODUCTIVITY FUND III, L.P.
a Delaware Limited Partnership
By: First Analysis Management Company III,
LLC, its general partner
By: /s/ Bret R. Maxwell
---------------------------------------
Bret R. Maxwell, managing member
