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Fisher Investments strikes deal with Advent

Private equity investor plans to take minority stake in firm known for its ubiquitous advertisements

Fisher Investments manages money for pension funds, governments and college endowments.
Fisher Investments manages money for pension funds, governments and college endowments. Photo: Pavlo Gonchar/SOPA Images/LightRocket/Getty Images

Advent International struck a deal to acquire a minority stake in money management firm Fisher Investments. 

The details 

The deal was announced the afternoon of 16 June, confirming an earlier report by The Wall Street Journal, a fellow Dow Jones Group title to Financial News.

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