Joachim Høegh-Krohn will leave Argentum
Høegh-Krohn, who has been CEO at Argentum since 2006, has decided to leave Argentum to become a Partner in Idun Vesta, a new company for investments in various asset classes.
“I have informed the Board that I am resigning from my position to enter into a partnership with Jan Olav Jørgensen and Bjørn Østbø in Idun Vesta, which will invest in shares and other asset classes. I am proud of the results of the Argentum team and would like to thank my talented colleagues who have contributed to making Argentum a successful investment for the Government and the many investors in our vintage funds, says Høegh-Krohn.
“Høegh-Krohn has done an exceptional job for Argentum and the Government as owner. During his time as CEO, Argentum’s value creation has been in excess of NOK 14 billion, corresponding to an average investment return of 16 per cent over 16 years, says Kjell Martin Grimeland, Chairman of the Board of Argentum Fondsinvesteringer AS.
Høegh-Krohn will continue in the position of CEO until the notice period of six months. He will sell his shares in Bradbenken Partner when he leaves Argentum.
Contact person: Marius Parmann, Head of Communications (acting) in Argentum Asset Management, +47 920 62 342.