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 3800000000 1.32% Sweden United Kingdom Buyout Generalist Nordic
Accent Equity 2017 L.P. Accent Equity Partners 2017 SEK 3000000000 2.50% Sweden Jersey Buyout Generalist Nordic
Altor Fund II LP Altor Equity Partners 2006 EUR 1176900000 0.42% Sweden Jersey Buyout Generalist Nordic
Altor Fund III LP Altor Equity Partners 2009 EUR 1749060000 1.58% Sweden Jersey Buyout Generalist Nordic
Altor Fund IV AB Altor Equity Partners 2014 EUR 2123924382 1.51% Sweden Sweden Buyout Generalist Nordic
August Equity Partners IV A LP August 2016 GBP 224000000 1.34% United Kingdom United Kingdom Buyout Generalist UK
Axcel III K/S Axcel Management AS 2005 DKK 3016666667 7.46% Denmark Denmark Buyout Generalist Nordic
Axcel IV K/S Axcel Management AS 2010 DKK 3632189874 4.82% Denmark Denmark Buyout Generalist Nordic
Bencis Buyout Fund V C.V. Bends Capital Partners B.V. 2016 EUR 425000000 2.82% Netherlands The Netherlands Buyout Generalist Western Europe
Borea Opportunity II AS Borea Opportunity Management AS 2006 NOK 1124000000 24.20% Norway Norway Buyout Generalist Nordic
Bridgepoint Europe III LP Bridgepoint Advisers Limited 2005 EUR 2500000000 0.20% United Kingdom United Kingdom Buyout Generalist Western Europe
CapMan Buyout IX LP CapMan 2009 EUR 294587234 11.69% Finland Guernsey Buyout Generalist Nordic
CapMan Buyout VIII A LP CapMan 2005 EUR 360009000 11.67% Finland Guernsey Buyout Generalist Nordic
CapMan Buyout X Fund A L.P. CapMan 2013 EUR 172416555 14.50% Finland Guernsey Buyout Generalist Nordic
CapMan Equity VII A LP CapMan 2003 EUR 156712000 22.33% Finland Guernsey Buyout Generalist Nordic
CBPE Capital Fund IX CBPE Capital 2016 GBP 459000000 2.18% United Kingdom Scotland Buyout Generalist UK
Convekstor AS Argentum Asset Management AS 2004 NOK 106000000 86.15% Norway Norway Venture Generalist Nordic
Creandum II LP Creandum 2007 SEK 741193600 12.20% Sweden Guernsey Venture ICT Nordic
DKA II A/S Dansk Kapitalanlæg Aktieselskab 2006 DKK 180720000 66.10% Denmark Denmark Buyout Generalist Nordic
Elvaston Capital Fund III GmbH & Co. KG Elvaston Capital Verwaltungs GmbH 2017 EUR 164500000 10.33% Germany Germany Buyout Generalist DACH
Elysian Capital I LP Elysian 2010 GBP 129630000 1.54% United Kingdom United Kingdom Buyout Generalist UK
Elysian Capital II LP Elysian 2015 GBP 250000000 0.80% United Kingdom United Kingdom Buyout Generalist UK
EnCap Energy Capital Fund X, L.P. EnCap 2015 USD 6701000000 0.15% United States of America Cayman Islands Buyout Energy USA
Energy Ventures II B IS Energy Ventures AS 2009 NOK 208276988 64.58% Norway Norway Venture Energy Global
Energy Ventures II KS Energy Ventures AS 2005 NOK 588756757 23.78% Norway Norway Venture Energy Global
Energy Ventures III LP Energy Ventures AS 2007 NOK 1339833333 5.97% Norway Guernsey Venture Energy Global
Energy Ventures IV LP Energy Ventures AS 2010 USD 350000000 11.43% Norway Guernsey Venture Energy Global
Energy Ventures Private Equity V LP Energy Ventures AS 2014 USD 175900000 5.34% Norway Guernsey Venture Energy Global
EQT Mid Market Limited Partnership EQT Partners 2013 EUR 1054219537 0.66% Sweden The Netherlands Buyout Generalist Global
EQT V LP EQT Partners 2006 EUR 4250000000 0.75% Sweden Guernsey Buyout Generalist Northern Europe
EQT VI LP EQT Partners 2011 EUR 4815312370 0.27% Sweden Guernsey Buyout Generalist Northern Europe
EQT VII Limited Partnership EQT Partners 2015 EUR 6817142405 0.29% Sweden United Kingdom Buyout Generalist Northern Europe
EQT VIII SCSp EQT Partners 2017 EUR 10750000000 0.30% Sweden Luxembourg Buyout Generalist Northern Europe
Erhvervsinvest IV K/S Erhvervsinvest 2017 DKK 1459200000 17.56% Denmark Denmark Buyout Generalist Denmark
Finatem II GmbH & Co. KG Finatem 2004 EUR 98989899 4.39% Germany Germany Buyout Generalist DACH
Finatem III GmbH & Co. KG Finatem 2009 EUR 135227273 3.70% Germany Germany Buyout Generalist DACH
FSN Capital II L.P. FSN Capital Partners AS 2005 EUR 151210225 16.20% Norway Jersey Buyout Generalist Nordic
FSN Capital III LP FSN Capital Partners AS 2008 EUR 379750000 7.90% Norway Jersey Buyout Generalist Nordic
FSN Capital IV LP FSN Capital Partners AS 2013 SEK 5303030303 3.77% Norway Jersey Buyout Generalist Nordic
FSN Capital V L.P. FSN Capital Partners AS 2016 SEK 9620000000 1.04% Norway Jersey Buyout Generalist Nordic
GENUI Fund GmbH & Co. KG Genui GP GmbH 2015 EUR 406525600 2.46% Germany Germany Buyout Generalist DACH
German Equity Partners III GmbH & Co. KG German Equity Partners 2006 EUR 59037239 9.66% Germany Germany Buyout Generalist DACH
Global Energy Capital FI LP Global Energy Capital 2008 USD 9000000 87.89% United States of America Bermuda Buyout Energy Global
Graphite Capital Partners VII Graphite Capital 2007 GBP 475000000 6.95% United Kingdom England Buyout Generalist UK
Hadean Capital I AS Hadean Venture AS 2017 NA NA NA NA Norway Venture Life Science Northern Europe
HLXK Fund AB Helix Kapital 2017 NA NA NA Sweden Sweden Buyout Generalist Nordic
Herkules Private Equity II L.P. Herkules Capital 2006 NOK 4250000000 0.24% Norway Jersey Buyout Generalist Nordic
Herkules Private Equity III LP Herkules Capital 2008 NOK 6008024561 3.33% Norway Jersey Buyout Generalist Nordic
Herkules Private Equity IV L.P. Herkules Capital 2013 NOK 2509179498 4.28% Norway Jersey Buyout Generalist Nordic
HitecVision Asset Solutions LP HitecVision AS 2010 USD 420001072 21.67% Norway Guernsey Buyout Energy Global
HitecVision Private Equity IV LP HitecVision AS 2006 USD 300000000 22.92% Norway Guernsey Buyout Energy Northern Europe
HitecVision V LP HitecVision AS 2008 USD 857128641 11.42% Norway Guernsey Buyout Energy Northern Europe
HitecVision VI LP HitecVision AS 2011 USD 1546391753 6.95% Norway Guernsey Buyout Energy Northern Europe
HitecVision VII, L.P. HitecVision AS 2014 USD 1900004750 5.53% Norway Guernsey Buyout Energy Global
Inflexion Buyout Fund IV Limited Partnership Inflexion 2014 GBP 650016250 0.48% United Kingdom Guernsey Buyout Generalist UK
Inflexion Buyout Fund V Limited Partnership Inflexion 2018 GBP 1250000000 0.48% United Kingdom Guernsey Buyout Generalist UK
Inflexion Enterprise Fund IV Inflexion 2016 GBP 250000000 1.20% United Kingdom Guernsey Buyout Generalist UK
Inflexion Partnership Capital Fund I Limited Partnership Inflexion 2014 GBP 400000000 0.47% United Kingdom Guernsey Buyout Generalist UK
Inflexion Partnership Capital Fund II Limited Partnership Inflexion 2018 GBP 1000000000 0.40% United Kingdom Guernsey Buyout Generalist UK
Inflexion Supplemental Fund IV Inflexion 2016 GBP 250000000 1.20% United Kingdom Guernsey Buyout Generalist UK
Intera Fund I KY Intera Equity Partners Oy 2007 EUR 125000000 17.60% Finland Finland Buyout Generalist Nordic
Lafayette Mittelstand Capital Fund II SCS Lafayette Mittelstand Capital Fund Manager S.à.r.l. 2017 NA NA NA Luxembourg Luxembourg Buyout Generalist DACH
Lead Equities II. Vermögensverwaltungs GmbH & Co KG Lead Equities GmbH 2007 EUR 19545455 33.26% Austria Austria Buyout Generalist DACH
Lead Equities Mittelstandsfinanzierungs AG Lead Equities GmbH 2002 EUR 49000000 20.41% Austria Austria Buyout Generalist DACH
Litorina Kapital III LP Litorina Kapital 2007 SEK 1380000000 9.31% Sweden Jersey Buyout Generalist Nordic
Livingbridge 6 LP Livingbridge 2016 GBP 660000000 2.27% United Kingdom Scotland Buyout Generalist UK
Longship Fund I LP Longship AS 2015 NOK 1417100000 8.06% Norway Guernsey Buyout Generalist Norway
MB Equity Fund IV Ky MB Partners Oy 2007 EUR 258500000 5.77% Finland Finland Buyout Generalist European Union
MB Equity Fund V Ky MB Partners Oy 2016 EUR 236500000 12.05% Finland Finland Buyout Generalist Nordic
NeoMed Innovation IV L.P. NeoMed Management 2005 EUR 103620000 19.30% Norway Jersey Venture Life Science Europe
NeoMed Innovation V LP NeoMed Management 2012 EUR 92067259 9.78% Norway Jersey Venture Life Science Europe
New Energy Solutions II K/S New Energy Solutions 2007 EUR 109070000 9.17% Denmark Denmark Venture Energy Europe
Nexit InfoCom II LP Nexit Ventures 2008 EUR 85000000 5.88% Finland Guernsey Venture Generalist Global
Nord II IS Nord Kapitalforvaltning AS 2012 NOK 430612245 23.22% Norway Norway Buyout Generalist Nordic
Nordic Capital VII LP Nordic Capital 2008 EUR 4300000000 0.35% Sweden Jersey Buyout Generalist Northern Europe
Nordic Capital VIII LP Nordic Capital 2013 EUR 3591125500 0.03% Sweden Jersey Buyout Generalist Northern Europe
Northzone IV K/S Northzone Ventures 2003 EUR 78300000 25.30% Norway Denmark Venture ICT Nordic
Northzone V K/S Northzone Ventures 2006 EUR 175000000 23.37% Norway Denmark Venture ICT Nordic
Northzone VI LP Northzone Ventures 2010 EUR 129850000 3.75% Norway Jersey Venture ICT Nordic
Northzone VII LP Northzone Ventures 2013 EUR 250000000 9.27% Norway Jersey Venture ICT Europe
Northzone VIII L.P. Northzone Ventures 2016 EUR 350000000 5.71% Norway Jersey Venture ICT Europe
Norvestor IV L.P. Norvestor Equity 2005 EUR 156250000 33.60% Norway Guernsey Buyout Generalist Nordic
Norvestor V LP Norvestor Equity 2007 EUR 235180000 22.54% Norway Guernsey Buyout Generalist Nordic
Norvestor VI LP Norvestor Equity 2011 NOK 3000000000 11.69% Norway Guernsey Buyout Generalist Nordic
Norvestor VII OS, L.P. Norvestor Equity 2016 NOK 388396000 27.03% Norway Guernsey Buyout Energy Norway
Norvestor VII, L.P. Norvestor Equity 2016 NOK 4911204000 7.57% Norway Guernsey Buyout Generalist Nordic
Odewald KMU GmbH & Co. Odewald 2008 EUR 136548423 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 2689060000 1.49% Denmark Denmark Buyout Generalist Nordic
Procuritas Capital Investors IV LP Procuritas 2008 EUR 132244900 27.07% Sweden Guernsey Buyout Generalist Nordic
Procuritas Capital Investors V LP Procuritas 2012 EUR 204082000 14.70% Sweden Guernsey Buyout Generalist Nordic
Procuritas Capital Investors VI AB Procuritas 2017 EUR 318000000 11.01% Sweden Sweden Buyout Generalist Nordic
Progressus AS Progressus Management AS 2007 NOK 472222200 32.82% Norway Norway Buyout Generalist Global
PSC III, LP Pollen Street Capital Limited 2016 GBP NA NA United Kingdom United Kingdom Buyout Generalist Europe
Riverstone Global Energy and Power Fund V LP Riverstone Holdings LLC 2012 USD 7713575000 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 4201430000 0.10% United States of America USA Buyout Energy Global  
Sherpa Capital Private Equity Sherpa Capital 2018 EUR 150000000 3.33% Spain Spain Buyout Generalist Spain  
Sovereign Capital IV Limited Partnership Sovereign Capital 2014 GBP 395000000 2.53% United Kingdom United Kingdom Buyout Generalist UK  
Sovereign Capital Limited Partnership III Sovereign Capital 2010 GBP 244677771 2.04% United Kingdom United Kingdom Buyout Generalist UK  
Teknoinvest VIII B DIS Teknoinvest Management AS 2007 EUR 15000000 42.15% Norway Norge Venture Generalist Nordic  
Teknoinvest VIII C IS Teknoinvest Management AS 2011 NOK 39155000 89.39% Norway Norge Venture Generalist Nordic  
Teknoinvest VIII KS Teknoinvest Management AS 2002 EUR 60438947 41.76% Norway Norge Venture Generalist Nordic  
Triton Fund IV LP Triton Partners 2013 EUR 3539830000 0.85% United Kingdom Jersey Buyout Generalist Europe  
Ufenau V German Asset Light, SLP Ufenau Capital Partners 2016 EUR 226900000 2.20% Luxembourg Luxembourg Buyout Generalist DACH  
Verdane Capital IX AB Verdane Capital 2016 SEK 3131910000 2.94% Norway Sweden Venture Generalist Nordic  
Verdane Capital VI K/S Verdane Capital 2007 SEK 1000000000 11.55% Norway Denmark Venture Generalist Nordic  
Verdane Capital VII K/S Verdane Capital 2009 SEK 1526000000 17.74% Norway Denmark Venture Generalist Nordic  
Verdane Edda AB Verdane Capital 2018 SEK 3000000000 3.30% Norway Sweden Buyout ICT Nordic  
Verdane ETF III SPV KS Verdane Capital 2006 EUR 36511875 14.19% Norway Denmark Venture Generalist Nordic  
Viking Venture II AS Viking Venture Management AS 2004 NOK 371428492 28.65% Norway Norway Venture Generalist Nordic  
Viking Venture II B IS Viking Venture Management AS 2009 NOK 59180000 84.49% Norway Norway Venture Generalist Nordic  
Viking Venture III IS Viking Venture Management AS 2008 NOK 563600000 17.74% Norway Norway Venture Generalist Nordic  
Zurmont Madison Private Equity L.P. Zurmont Madison 2007 CHF 163707641 5.31% Switzerland Jersey Buyout Generalist DACH