AA
LP profile
Argentum Asset Management
Investor · Founded 2001 · Bergen, Norway
44
VC firms backed
$2.0B
AUM
01 · Background
Who Argentum Asset Management is.
- Historical Background
- Argentum was established in 2001 by the Norwegian government. The firm was created with the objective of delivering competitive returns while contributing to a more effective capital market for unlisted companies in the region.
- Source of Capital
- The firm's capital is provided by the Norwegian state and other professional investors. Argentum offers a structure for professional investors to invest alongside a Norwegian government-backed entity in private equity.
- Allocation Strategy
- Argentum is a specialized asset manager with a dedicated focus on private equity. The firm's investment activities are concentrated in Western Europe, with a particular specialization in Nordic and Northern European funds. The allocation strategy encompasses primary and secondary fund investments, as well as direct co-investments in companies, with a focus on the small and mid-cap segments.
02 · Fund commitments
The funds Argentum Asset Management backs.
Argentum Asset Management is a limited partner in 44 funds. 2 of them place in the Power Law Investor Ranking; those lead, best-ranked first.

Creandum
#70 Power Law

Northzone
#224 Power Law

Accent Equity Partners

Axcel

Borea Private Equity

BWB Partners

Capman

Charterhouse Capital Partners

Convexa

DevCo Partners

DKA Capital

ECM Equity Capital Management

Riverstone Holdings
Teknoinvest
03 · Allocation
How Argentum Asset Management’s fund book is spread.
The 44 funds Argentum Asset Management backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters, across the 43 of 44 with a location on record.
- Europe 4298%
- North America 12%
Norway 13 · United Kingdom 7 · Germany 6 · Denmark 5
How established those managers are
Managers grouped by how many funds they have raised — across the 28 of 44 with a fund history on record.
Emerging funds · 13
Established funds · 15
8
1
2
5
3
4
4
5-6
5
7-9
3
10-14
3
15+
Funds raised by the manager
04 · Other LPs
Other LPs.
Other LPs in the Power Law LP ranking, closest to Argentum Asset Management by combined power-law score — Europe first, then the nearest worldwide.
🇵🇹
Ventures.EU
13 VC funds backed
🇨🇳
GF Fund Management
7 VC funds backed
🇺🇸
Broadhaven Ventures
$100M AUM
13 VC funds backed
🇨🇳
Kunpeng Capital
11 VC funds backed
🇩🇰
Dansk Vækstkapital
12 VC funds backed
🇳🇱
FMO Entrepreneurial Development Bank
43 VC funds backed
🇪🇸
Acurio Ventures
$337M AUM
7 VC funds backed
🇧🇪
WE Venture
14 VC funds backed