Fund Management

Norway's government buys shares from former Argentum CEO

Joachim Høegh-Krohn chose to leave Norway’s state-owned private equity firm Argentum in 2022, but will now receive a total of NOK 50m from the state for his shares in two investment schemes.
Joachim Høegh-Krohn, former CEO of Norway’s state-owned private equity firm Argentum, will now receive NOK 50m (EUR 4.4m) from the state for his shares in two co-investment schemes. | Photo: NTB/Erlend Aas
Joachim Høegh-Krohn, former CEO of Norway’s state-owned private equity firm Argentum, will now receive NOK 50m (EUR 4.4m) from the state for his shares in two co-investment schemes. | Photo: NTB/Erlend Aas
BY PER HELGE BERG

Former CEO at Norway’s state-owned private equity firm, Joachim Høegh-Krohn, recieved NOK 45m (EUR 4m) for his shares in Argentum EIS and NOK 4.5m (EUR 398,000) for his shares in Bradbenken Partner, which is a co-investment scheme for Argentum employees, according to Norwegian business daily Dagens Næringsliv.

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