Our portfolio reflects over 15 years of commitment.

Fund Fund Manager Vintage Currency Fund Size Argentum Ownership Business Office Jurisdiction Fund Stage Sector Focus Geographic Focus
Accent Equity 2012 L.P. Accent Equity Partners 2012 SEK 3,800,000,000 1.32% Sweden United Kingdom Buyout Generalist Nordic
Altor Fund II LP Altor Equity Partners 2006 EUR 1,176,900,000 0.42% Sweden Jersey Buyout Generalist Nordic
Altor Fund III LP Altor Equity Partners 2009 EUR 1,749,060,000 1.58% Sweden Jersey Buyout Generalist Nordic
Altor Fund IV AB Altor Equity Partners 2014 EUR 2,123,924,382 1.51% Sweden Sweden Buyout Generalist Nordic
August Equity Partners IV A LP August 2016 GBP 224,000,000 1.34% United Kingdom United Kingdom Buyout Generalist UK
Axcel II A/S Axcel Management AS 2000 DKK 2,390,000,000 7.89% Denmark Denmark Buyout Generalist Nordic
Axcel III K/S Axcel Management AS 2005 DKK 3,016,666,667 7.46% Denmark Denmark Buyout Generalist Nordic
Axcel IV K/S Axcel Management AS 2010 DKK 3,632,189,874 4.82% Denmark Denmark Buyout Generalist Nordic
Bencis Buyout Fund V C.V. Bends Capital Partners B.V. 2016 EUR 425,000,000 2.82% Netherlands The Netherlands Buyout Generalist Western Europe
Borea Opportunity II AS Borea Opportunity Management AS 2006 NOK 1,135,240,000 93.28% Norway Norway Buyout Generalist Nordic
Bridgepoint Europe III ‘D’ LP Bridgepoint Advisers Limited 2005 EUR 2,500,000,000 0.20% United Kingdom United Kingdom Buyout Generalist Western Europe
CapMan Buyout IX LP CapMan 2009 EUR 294,587,234 11.69% Finland Guernsey Buyout Generalist Nordic
CapMan Buyout VIII A LP CapMan 2005 EUR 360,009,000 11.67% Finland Guernsey Buyout Generalist Nordic
CapMan Buyout X Fund A L.P. CapMan 2013 EUR 172,416,555 14.50% Finland Guernsey Buyout Generalist Nordic
CapMan Equity VII A LP CapMan 2003 EUR 156,712,000 22.33% Finland Guernsey Buyout Generalist Nordic
CBPE Capital Fund IX CBPE Capital 2016 GBP 459,000,000 2.18% United Kingdom Scotland Buyout Generalist UK
Convekstor AS Argentum Asset Management AS 2004 NOK 106,000,000 86.15% Norway Norway Venture Generalist Nordic
Creandum II LP Creandum 2007 SEK 741,193,600 12.20% Sweden Guernsey Venture ICT Nordic
DKA II A/S Dansk Kapitalanlæg Aktieselskab 2006 DKK 180,720,000 66.10% Denmark Denmark Buyout Generalist Nordic
Elysian Capital I LP Elysian 2010 GBP 129,630,000 1.54% United Kingdom United Kingdom Buyout Generalist UK
Elysian Capital II LP Elysian 2015 GBP 250,000,000 0.80% United Kingdom United Kingdom Buyout Generalist UK
EnCap Energy Capital Fund X, L.P. EnCap 2015 USD 6,701,000,000 0.15% United States of America Cayman Islands Buyout Energy USA
Energy Ventures II B IS Energy Ventures AS 2009 NOK 208,276,988 64.58% Norway Norway Venture Energy Global
Energy Ventures II KS Energy Ventures AS 2005 NOK 588,756,757 23.78% Norway Norway Venture Energy Global
Energy Ventures III LP Energy Ventures AS 2007 NOK 1,339,833,333 5.97% Norway Guernsey Venture Energy Global
Energy Ventures IV LP Energy Ventures AS 2010 USD 350,000,000 11.43% Norway Guernsey Venture Energy Global
Energy Ventures Private Equity V LP Energy Ventures AS 2014 USD 175,900,000 5.34% Norway Guernsey Venture Energy Global
EQT III UK (No.3) L.P. EQT Partners 2001 EUR 1,994,988,000 0.00% Sweden Guernsey Buyout Generalist Northern Europe
EQT IV (No.1) LP EQT Partners 2004 EUR 2,370,000,000 0.12% Sweden Guernsey Buyout Generalist Northern Europe
EQT Mid Market Limited Partnership EQT Partners 2013 EUR 1,054,219,537 0.66% Sweden The Netherlands Buyout Generalist Global
EQT V LP EQT Partners 2006 EUR 4,250,000,000 0.75% Sweden Guernsey Buyout Generalist Northern Europe
EQT VI LP EQT Partners 2011 EUR 4,815,312,370 0.27% Sweden Guernsey Buyout Generalist Northern Europe
EQT VII (No.1) Limited Partnership EQT Partners 2015 EUR 6,817,142,405 0.29% Sweden United Kingdom Buyout Generalist Global
Erhvervsinvest IV K/S Erhvervsinvest 2017 DKK 1,459,200,000 17.56% Denmark Denmark Buyout Generalist Denmark
Finatem II GmbH & Co. KG Finatem 2004 EUR 98,989,899 4.39% Germany Germany Buyout Generalist DACH
Finatem III GmbH & Co. KG Finatem 2009 EUR 135,227,273 3.70% Germany Germany Buyout Generalist DACH
FSN Capital II L.P. FSN Capital Partners AS 2005 EUR 151,210,225 16.20% Norway Jersey Buyout Generalist Nordic
FSN Capital III LP FSN Capital Partners AS 2008 EUR 379,750,000 7.90% Norway Jersey Buyout Generalist Nordic
FSN Capital IV LP FSN Capital Partners AS 2013 SEK 5,303,030,303 3.77% Norway Jersey Buyout Generalist Nordic
FSN Capital V L.P. FSN Capital Partners AS 2016 SEK 9,620,000,000 1.04% Norway Jersey Buyout Generalist Nordic
GENUI Fund GmbH & Co. KG Genui GP GmbH 2015 EUR 406,525,600 2.46% Germany Germany Buyout Generalist DACH
German Equity Partners III GmbH & Co. KG German Equity Partners 2006 EUR 66,276,421 9.66% Germany Germany Buyout Generalist DACH
Global Energy Capital FI LP Global Energy Capital 2008 USD 9,000,000 87.89% United States of America Bermuda Buyout Energy Global
Graphite Capital Partners VII Graphite Capital 2007 GBP 475,000,000 6.95% United Kingdom England Buyout Generalist UK
Herkules Private Equity II L.P. Herkules Capital 2006 NOK 4,250,000,000 0.24% Norway Jersey Buyout Generalist Nordic
Herkules Private Equity III LP Herkules Capital 2008 NOK 6,008,024,561 3.33% Norway Jersey Buyout Generalist Nordic
Herkules Private Equity IV L.P. Herkules Capital 2013 NOK 2,509,179,498 4.28% Norway Jersey Buyout Generalist Nordic
HitecVision Asset Solutions LP HitecVision AS 2010 USD 420,001,072 21.67% Norway Guernsey Buyout Energy Global
HitecVision Private Equity IV LP HitecVision AS 2006 USD 300,000,000 22.92% Norway Guernsey Buyout Energy Northern Europe
HitecVision V LP HitecVision AS 2008 USD 857,128,641 11.42% Norway Guernsey Buyout Energy Northern Europe
HitecVision VI LP HitecVision AS 2011 USD 1,546,391,753 6.95% Norway Guernsey Buyout Energy Northern Europe
HitecVision VII, L.P. HitecVision AS 2014 USD 1,900,004,750 5.53% Norway Guernsey Buyout Energy Global
IK 2000 Fund LP IK Investment Partners 1999 EUR 2,100,000,000 2.84% United Kingdom United Kingdom Buyout Generalist Northern Europe
Inflexion Buyout Fund IV (No. 1) Limited Partnership Inflexion 2014 GBP 650,016,250 0.48% United Kingdom Guernsey Buyout Generalist UK
Inflexion Enterprise Fund IV Inflexion 2016 GBP 250,000,000 1.20% United Kingdom Guernsey Buyout Generalist UK
Inflexion Partnership Capital Fund I Limited Partnership Inflexion 2014 GBP 400,000,000 0.47% United Kingdom Guernsey Buyout Generalist UK
Inflexion Supplemental Fund IV Inflexion 2016 GBP 250,000,000 1.20% United Kingdom Guernsey Buyout Generalist UK
Intera Fund I KY Intera Equity Partners Oy 2007 EUR 125,000,000 17.60% Finland Finland Buyout Generalist Nordic
Lead Equities II. Vermögensverwaltungs GmbH & Co KG Lead Equities GmbH 2007 EUR 19,545,455 33.26% Austria Austria Buyout Generalist DACH
Lead Equities Mittelstandsfinanzierungs AG Lead Equities GmbH 2002 EUR 49,000,000 20.41% Austria Austria Buyout Generalist DACH
Litorina Kapital III LP Litorina Kapital 2007 SEK 1,380,000,000 9.31% Sweden Jersey Buyout Generalist Nordic
Livingbridge 6 LP Livingbridge 2016 GBP 660,000,000 2.27% United Kingdom Scotland Buyout Generalist UK
Longship Fund I LP Longship AS 2015 NOK NA NA Norway Guernsey Buyout Generalist Norway
MB Equity Fund IV Ky MB Partners Oy 2007 EUR 260,000,000 5.77% Finland Finland Buyout Generalist European Union
MB Equity Fund V Ky MB Partners Oy 2016 EUR 236,500,000 12.05% Finland Finland Buyout Generalist Nordic
NeoMed Innovation IV L.P. NeoMed Management 2005 EUR 103,620,000 19.30% Norway Jersey Venture Life Science Europe
NeoMed Innovation V LP NeoMed Management 2012 EUR 92,067,259 9.78% Norway Jersey Venture Life Science Europe
New Energy Solutions II K/S New Energy Solutions 2007 EUR 109,070,000 9.17% Denmark Denmark Venture Energy Europe
Nexit InfoCom II LP Nexit Ventures 2008 EUR 85,000,000 5.88% Finland Guernsey Venture Generalist Global
Nord II IS Nord Kapitalforvaltning AS 2012 NOK 430,612,245 23.22% Norway Norway Buyout Generalist Nordic
Nordic Capital VII LP Nordic Capital 2008 EUR 4,300,000,000 0.35% Sweden Jersey Buyout Generalist Northern Europe
Nordic Capital VIII LP Nordic Capital 2013 EUR 3,591,125,500 0.45% Sweden Jersey Buyout Generalist Northern Europe
Northzone IV K/S Northzone Ventures 2003 EUR 78,300,000 25.30% Norway Denmark Venture ICT Nordic
Northzone V K/S Northzone Ventures 2006 EUR 175,000,000 23.37% Norway Denmark Venture ICT Nordic
Northzone VI LP Northzone Ventures 2010 EUR 129,850,000 16.94% Norway Jersey Venture ICT Nordic
Northzone VII LP Northzone Ventures 2013 EUR 250,000,000 9.27% Norway Jersey Venture ICT Europe
Northzone VIII L.P. Northzone Ventures 2016 EUR 350,000,000 5.71% Norway Jersey Venture ICT Europe
Norvestor IV L.P. Norvestor Equity 2005 EUR 156,250,000 33.60% Norway Guernsey Buyout Generalist Nordic
Norvestor V LP Norvestor Equity 2007 EUR 235,180,000 22.54% Norway Guernsey Buyout Generalist Nordic
Norvestor VI LP Norvestor Equity 2011 NOK 3,000,000,000 11.69% Norway Guernsey Buyout Generalist Nordic
Norvestor VII OS, L.P. Norvestor Equity 2016 NOK NA NA Norway Guernsey Buyout Energy Norway
Norvestor VII, L.P. Norvestor Equity 2016 NOK 4,911,204,000 7.57% Norway Guernsey Buyout Generalist Nordic
Odewald KMU GmbH & Co. Odewald 2008 EUR 136,548,423 9.52% Germany Germany Buyout Generalist Europe
Piper Private Equity Fund VI LP Piper Private Equity 2016 GBP NA NA United Kingdom United Kingdom Buyout Generalist UK
Polaris Private Equity III K/S Polaris Management A/S 2009 DKK 2,689,060,000 1.49% Denmark Denmark Buyout Generalist Nordic
Procuritas Capital Investors IV LP Procuritas 2008 EUR 132,244,900 27.07% Sweden Guernsey Buyout Generalist Nordic
Procuritas Capital Investors V LP Procuritas 2012 EUR 204,082,000 14.70% Sweden Guernsey Buyout Generalist Nordic
Procuritas Capital Investors VI (E) AB Procuritas 2017 EUR 318,000,000 11.01% Sweden Sweden Buyout Generalist Nordic
Progressus AS Progressus Management AS 2007 NOK 472,222,200 32.82% Norway Norway Buyout Generalist Global
Riverstone Global Energy and Power Fund V LP Riverstone Holdings LLC 2012 USD 7,713,575,000 0.31% United States of America Cayman Islands Buyout Energy Global
Riverstone Global Energy and Power Fund VI, L.P. Riverstone Holdings LLC 2016 USD 5,089,000,000 0.10% United States of America USA Buyout Energy Global
Sector Exspec Fund Class A USD Sector Asset Management ASA 2007 USD 527,000,000 1.90% Norway Ireland Venture Generalist Nordic
Sovereign Capital IV Limited Partnership Sovereign Capital 2014 GBP 395,000,000 2.53% United Kingdom United Kingdom Buyout Generalist UK
Sovereign Capital Limited Partnership III Sovereign Capital 2010 GBP 244,677,771 2.04% United Kingdom United Kingdom Buyout Generalist UK
Teknoinvest VIII B DIS Teknoinvest Management AS 2007 EUR 15,000,000 42.15% Norway Norge Venture Generalist Nordic
Teknoinvest VIII C IS Teknoinvest Management AS 2011 NOK 39,155,000 89.39% Norway Norge Venture Generalist Nordic
Teknoinvest VIII KS Teknoinvest Management AS 2002 EUR 60,438,947 41.76% Norway Norge Venture Generalist Nordic
Triton Fund IV LP Triton Partners 2013 EUR 3,539,830,000 0.85% United Kingdom Jersey Buyout Generalist Europe
Ufenau V German Asset Light, SLP Ufenau Capital Partners 2016 EUR 226,900,000 2.20% Luxembourg Luxembourg Buyout Generalist DACH
Verdane Capital IX AB Verdane Capital 2016 SEK 3,131,910,000 2.94% Norway Sweden Venture Generalist Nordic
Verdane Capital V B K/S Verdane Capital 2005 SEK 700,000,000 28.57% Norway Denmark Venture Generalist Nordic
Verdane Capital VI K/S Verdane Capital 2007 SEK 1,000,000,000 11.55% Norway Denmark Venture Generalist Nordic
Verdane Capital VII K/S Verdane Capital 2009 SEK 1,526,000,000 17.74% Norway Denmark Venture Generalist Nordic
Verdane ETF III SPV KS Verdane Capital 2006 EUR 36,511,875 14.19% Norway Denmark Venture Generalist Nordic
Viking Venture AS Viking Venture Management AS 2001 NOK 203,426,300 0.00% Norway Norway Venture Generalist Nordic
Viking Venture II AS Viking Venture Management AS 2004 NOK 371,428,492 28.65% Norway Norway Venture Generalist Nordic
Viking Venture II B IS Viking Venture Management AS 2009 NOK 59,180,000 84.49% Norway Norway Venture Generalist Nordic
Viking Venture III IS Viking Venture Management AS 2008 NOK 563,600,000 17.74% Norway Norway Venture Generalist Nordic
Zurmont Madison Private Equity L.P. Zurmont Madison 2007 CHF 163,707,641 5.31% Switzerland Jersey Buyout Generalist DACH