About

Turnstone is a highly experienced and specialised private equity fund-of-funds manager based in Norway.

The founding team has extensive experience from investing all over Western Europe across primary, secondary and co-investments in and alongside predominantly buyout funds.

Investment types

Turnstone offers highly selective exposure to predominantly SME buyout funds and opportunities in Western Europe.

SECONDARY

Acquiring stakes in established funds from other investors and participating in GP-led multi-asset opportunities.

PRIMARY

 Selecting the very best opportunities in the smaller end of the market across Western Europe.

CO-INVESTMENTS

Co-investing directly alongside managers or participating in concentrated continuation vehicles.


The Turnstone, which breeds in the Arctic region, is famous for constantly turning over stones to find food – wherever it goes.

TEAM

The Turnstone team members have worked together for more than a decade on average, investing in private equity across Western Europe and beyond.

Joachim Høegh-Krohn

Senior Partner, Chairman

Prior to co-founding Turnstone Private Equity, Joachim was the CEO of Argentum for 17 years.

Daniel Rygg

Managing Partner

Prior to co-founding Turnstone Private Equity, Daniel worked at Argentum for 16 years and led the secondary investment team.

Henning Fredriksen

Partner, CFO

Prior to co-founding Turnstone Private Equity, Henning worked at Argentum for 15 years and led the co-investment activities.

Stefan V. Vikøyr

Investment Director

Prior to co-founding Turnstone Private Equity, Stefan worked at Argentum for over six years covering mainly primary investments.

Henrik Finsrud

Investment Manager

Prior to co-founding Turnstone Private Equity, Henrik worked at Argentum for more than two years. Henrik holds an MSc from NHH.

Oda Elisabeth Knudsen

Investment Director

Prior to co-founding Turnstone Private Equity, Oda worked at Argentum for four years. Oda holds an MSc from NHH.

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