Argentum has established a co-investment scheme for its senior employees through the company Bradbenken Partner AS.

The co-investment scheme implies that all senior employees have to buy the shares at the market price. The scheme entails that all investments made by Argentum are distributed so that Argentum invests 99 percent and Bradbenken invests 1 percent. This signifies that if a commitment of NOK 100 million is made to a fund, Argentum will invest NOK 99 million and Bradbenken Partner will invest NOK 1 million.

Bradbenken Partner is a separate company in which there are two different share classes. A-shares, which constitute 10 percent of the share capital, are owned by Argentum’s employees, while the B-shares are owned by Argentum. The B-shares are entitled to a preferential rate of return, while the A-shares are entitled to a return after the preferential capital has been paid.

All Argentum’s senior employees have a right to participate in the scheme, whilst the CEO is obliged to participate. The A-shares are distributed by 35 percent to the CEO while the remaining 65 percent is divided among the other employees and Argentum.

Since the scheme is a co-investment scheme, all senior employees have to buy the shares at the market price. The share price is determined based on valuations of the funds that Argentum and Bradbenken Partners have invested in, and must always be approved by the company's auditors.

Should an employee wish to resign, he or she must sell their shares based on the market valuation within a 6 month period.   

The scheme was established in order to equate the interest of the employees and the company. It provides employees with a long-term view and ensures that they risk their own funds along with Argentum.