"Fisher Investments Refutes Sale Speculation Amidst Media Reports of Advent Talks"
Fisher Investments has publicly refuted a Wall Street Journal report claiming that the firm is in discussions to be sold to private-equity firm Advent International. The company's executive vice president, Naj Srinivas, stated that there is no such deal taking place. The WSJ had reported that talks were ongoing but also acknowledged that a deal might not happen or other buyers could appear. Advent International has not commented on the matter. Fisher Investments, founded by Ken Fisher, is a significant asset management firm with about $236 billion in assets worldwide.