About us
Argentum has over 20 years of experience as an investor in the small and mid-cap private equity market. Our history and consistent track record make us a preferred investment partner.

Investor in private equity funds
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. We invest on behalf of the Norwegian state and professional investors, including pension funds, foundations and family offices.
Offices
Our 29 employees are based in Bergen and Oslo.
€3.2 bn
Assets under management
Assets under management + uncalled committed capital per Q2 2025, for all Argentum Assets Management’s investment programmes.
14%
Average yearly return (after costs)
Net IRR per Q2 2025 for Argentum Fondsinvesteringer.

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.