Number Crunch H1 2023Analysis of the Nordic PE market in the first half of the year

Argentum is the Norwegian state's investor in private equity funds.

Argentum has €3 bn under asset management¹¹ in more than 250 funds and over 1,300 companies. Our annual return is 16 percent on average.¹² We have offices in Bergen and Oslo with a total of 28 employees.

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).

2023 © Argentum Asset Management