Argentum reports negative result in Q1 2026
The market value fell to NOK 15.27 billion. Unrealized losses reduced gains from the portfolio.
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Private equity fund manager
argentum.noLast updated
In short: Argentum appointed a new CEO and closed the sale of its management business to EGD Holding.
The market value fell to NOK 15.27 billion. Unrealized losses reduced gains from the portfolio.
The sale was approved by the Storting in December 2025 and is now closed. EGD takes over Argentum Asset Management, Alternative Investments and Business Management. Strategy, management and team remain unchanged.
The portfolio is worth NOK 16.1 billion. Annual return (IRR) is 8.77% after costs.
The sale includes Argentum Asset Management and other entities. EGD takes over ownership and manages the state's portfolio for at least seven years. The transaction requires the approval of the Storting.
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