In 2008 Argentum, alongside a few selected institutional investors, established the Nordic Private Equity Programme. Under the Programme, Argentum along with these selected investors co-invest in private equity funds.
The current participants in the Programme are, among others, Gjensidige Forsikring BA, Varner Private Equity AS, Grieg International AS and Institusjonen Fritt Ord. The combined average annual commitment capacity of the above Parties is approximately NOK 1.4 billion. Additional investors may accede to the Programme.
The purpose of the Programme is to increase the efficiency and quality of the Parties’ fund selection, due diligence and negotiated terms and conditions, as well as increase the quality of portfolio management and monitoring. The Parties strongly believe that such knowledge and experience ultimately will benefit the Nordic private equity fund investment environment as a whole.
The Parties have decided that Argentum shall lead the Programme, and consequently Argentum will represent the Parties when negotiating with potential investee funds and their managers.
