About the report
Argentum
Argentum is the state's investor in active owners funds, often called private equity. The funds we invest in buy companies that they then develop with capital, knowledge and networks.
Since our inception, we have invested NOK 22.7 billion in more than 220 funds and over 1,200 companies. Our annual return is 16 per cent on average. We have offices in Bergen and Oslo with a total of 23 employees.
Market overview
This report is produced for information purposes only and is not to be treated as investment advice. No representation is made, or assurance given as to any opinions, projections, forecasts, etc. provided in this report.
The number of sales does not include companies that have been written off (so-called write-offs). Investment figures are calculated from equity value and excludes add-on investments. Only Nordic companies listed on the main stock exchanges are included in IPO figures.
The report is based on available data and Argentum's estimates. Read our previous reports here.
All photos by Ilja C. Hendel (www.iljahendel.com).
2022 © Argentum Asset Management

