Fisher Investments Refutes WSJ Report on Sale Talks

Fisher Investments Denies Sale Talks Amid Acquisition Reports

Money-management firm Fisher Investments has denied reports that it is in sale talks with private-equity firm Advent International. The Wall Street Journal had previously reported that acquisition talks were underway, but Fisher Investments quickly rebutted the claims. Naj Srinivas, Fisher’s executive vice president for corporate communications, stated, “Fisher Investments is not being bought by Advent International, or anyone else — plain and simple.” Advent International also denied the report, with a spokesperson asserting, “Advent is not buying Fisher Investments.”