About us

Our board

Argentum’s board consists of leading business profiles with extensive experience. From the left: Adele Bugge Norman Pran, Ottar Ertzeid, Karin S. Thorburn, Øyvind G. Schanke and Bjørn Erik Næss. Photo: Ilja C. Hendel

Argentum is a specialized asset manager that has been dedicated to private equity since 2001. Our core expertise is evaluating and selecting private equity funds and fund managers, including both venture and buyout. We invest on behalf of the Norwegian state and professional investors, including pension funds, foundations and family offices.

Since its inception, Argentum has invested 2.37 bn EUR in 242 funds and over 1300 companies, delivering an average yearly return of 15.8 per cent before own costs. Our 25 employees are based in Bergen and Oslo.

€2.37 bn

Committed net capital per Q2 2022 for all Argentum Asset Management's investor programmes

Committed capital

14.3%

Net IRR per Q2 2022 Argentum Fondsinvesteringer

Average yearly return (after own costs)

15.8%

IRR per Q2 2022 Argentum Fondsinvesteringer

Average yearly return (before own costs)