{"id":89,"date":"2014-02-19T16:29:00","date_gmt":"2014-02-19T15:29:00","guid":{"rendered":"https:\/\/ksokolovarchive.wordpress.com\/2026\/02\/19\/from-russia-to-booth-with-love\/"},"modified":"2026-04-17T13:28:24","modified_gmt":"2026-04-17T13:28:24","slug":"from-russia-to-booth-with-love","status":"publish","type":"post","link":"https:\/\/ksokolovarchive.cc\/?p=89","title":{"rendered":"From Russia to Booth with Love: a Partner Recalls Launching IFG Basis with Sokolov (deleted  pages)"},"content":{"rendered":"\n<p>Pulished in Chicago Booth Magazine as of Winter 2014<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"352\" height=\"172\" src=\"https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/image-3.webp\" alt=\"\" class=\"wp-image-903\" srcset=\"https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/image-3.webp 352w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/image-3-300x147.webp 300w\" sizes=\"auto, (max-width: 352px) 100vw, 352px\" \/><\/figure>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>From his office at Moscow based IFG Basis,&nbsp;<strong>Evgeny Tonkacheev<\/strong>, &#8217;05 (EXP10), reflects on how his Booth MBA has propelled his career. Tonkacheev launched the investment company five years ago with a fellow Booth alumnus,&nbsp;<strong>Konstantin Sokolov<\/strong>, &#8217;05 (XP74), whom he met through the Booth alumni network in Russia and recruited to a previous investment firm<em>.<\/em><\/p>\n\n\n\n<p>IFG Basis has been able to attract alumni investors from Russia and other countries for their projects. &#8220;This networking works for me very clearly,&#8221; Tonkacheev said in an interview. &#8220;The outcome is evident.&#8221;<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>His partnership with\u00a0Konstantin Sokolov\u00a0at\u00a0IFG Basis\u00a0is a testament to the power of the alumni network. Even though they studied on different continents (Sokolov earned his degree from the Executive MBA Program North America in Chicago), the two knew each other from a class week in Chicago and stayed in touch through the alumni network. In 2006, one year after graduation,\u00a0Tonkacheev\u00a0joined\u00a0Eastfield, an international investment company, as CEO, and recommended that shareholders hire\u00a0Konstantin Sokolov\u00a0as first vice chairman and global CFO. He and\u00a0Konstantin Sokolov\u00a0left\u00a0Eastfield\u00a0in 2008 to launch\u00a0IFG Basis.<\/strong><\/p>\n\n\n\n<p>Tonkacheev recalled that his colleague Igor Zhukov, &#8217;02 (EXP7), invited him to a meeting of the Chicago Booth Alumni Club of Russia. He was impressed by the caliber of the alumni and, having done his own extensive research into the options, decided to apply to Booth. &#8220;I remember that when I met these guys, I had a desire to be their equal,&#8221; he said. [\u2026] &#8220;I had no special business education but got a lot of experience working for this big company,&#8221; recalled Tonkacheev, who by 2001 had become CEO at&nbsp;<strong>Basic Element Co.<\/strong>, the giant industrial and financial conglomerate company established by the industrialist&nbsp;<strong>Oleg Deripaska<\/strong>.<\/p>\n<\/blockquote>\n\n\n\n<p><strong>Context for the archive:<\/strong><br>This Chicago Booth Magazine article is a rare insider account of IFG Basis\u2019s founding. Tonkacheev (former CEO of Basic Element, Oleg Deripaska\u2019s structure) and Sokolov (Booth alumnus) confirm their partnership began through the alumni network. The fund was positioned to attract investments from Booth graduates in Russia and beyond. The article also documents their move from Eastfield (a company later linked to investment controversies in Russia) to IFG Basis.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"725\" height=\"1024\" src=\"https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-1-725x1024.jpg\" alt=\"\" class=\"wp-image-905\" srcset=\"https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-1-725x1024.jpg 725w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-1-212x300.jpg 212w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-1-768x1085.jpg 768w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-1.jpg 779w\" sizes=\"auto, (max-width: 725px) 100vw, 725px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"724\" height=\"1024\" src=\"https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-2-724x1024.jpg\" alt=\"\" class=\"wp-image-906\" srcset=\"https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-2-724x1024.jpg 724w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-2-212x300.jpg 212w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-2-768x1086.jpg 768w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-2-1086x1536.jpg 1086w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-2-1448x2048.jpg 1448w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-2.jpg 1656w\" sizes=\"auto, (max-width: 724px) 100vw, 724px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"724\" height=\"1024\" src=\"https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-3-724x1024.jpg\" alt=\"\" class=\"wp-image-907\" srcset=\"https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-3-724x1024.jpg 724w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-3-212x300.jpg 212w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-3-768x1086.jpg 768w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-3-1086x1536.jpg 1086w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-3-1448x2048.jpg 1448w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-3.jpg 1656w\" sizes=\"auto, (max-width: 724px) 100vw, 724px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"724\" height=\"1024\" src=\"https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-4-724x1024.jpg\" alt=\"\" class=\"wp-image-908\" srcset=\"https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-4-724x1024.jpg 724w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-4-212x300.jpg 212w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-4-768x1086.jpg 768w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-4-1086x1536.jpg 1086w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-4-1448x2048.jpg 1448w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-4.jpg 1656w\" sizes=\"auto, (max-width: 724px) 100vw, 724px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"724\" height=\"1024\" src=\"https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-5-724x1024.jpg\" alt=\"\" class=\"wp-image-909\" srcset=\"https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-5-724x1024.jpg 724w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-5-212x300.jpg 212w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-5-768x1086.jpg 768w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-5-1086x1536.jpg 1086w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-5-1448x2048.jpg 1448w, https:\/\/ksokolovarchive.cc\/wp-content\/uploads\/2014\/02\/Archive-1-5.jpg 1656w\" sizes=\"auto, (max-width: 724px) 100vw, 724px\" \/><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pulished in Chicago Booth Magazine as of Winter 2014 From his office at Moscow based IFG Basis,&nbsp;Evgeny Tonkacheev, &#8217;05 (EXP10), reflects on how his Booth MBA has propelled his career. Tonkacheev launched the investment company five years ago with a fellow Booth alumnus,&nbsp;Konstantin Sokolov, &#8217;05 (XP74), whom he met through the Booth alumni network in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-89","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ksokolovarchive.cc\/index.php?rest_route=\/wp\/v2\/posts\/89","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksokolovarchive.cc\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksokolovarchive.cc\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksokolovarchive.cc\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ksokolovarchive.cc\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=89"}],"version-history":[{"count":4,"href":"https:\/\/ksokolovarchive.cc\/index.php?rest_route=\/wp\/v2\/posts\/89\/revisions"}],"predecessor-version":[{"id":912,"href":"https:\/\/ksokolovarchive.cc\/index.php?rest_route=\/wp\/v2\/posts\/89\/revisions\/912"}],"wp:attachment":[{"href":"https:\/\/ksokolovarchive.cc\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksokolovarchive.cc\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksokolovarchive.cc\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}