Official financial statements from Fisher Investments, financial news outlets

Advent Nears $13 Billion Deal for Minority Stake in Fisher Investments

Jun 16, 2024, 06:25 PM

Private equity firm Advent International is nearing a deal to acquire a minority stake in Fisher Investments, a money-management firm founded by billionaire Ken Fisher. The deal, which could be unveiled by Monday, values Fisher Investments at nearly $13 billion. Fisher Investments manages more than $275 billion for over 150,000 clients and is known for its extensive marketing efforts, the Wall Street Journal reported.