Advent, ADIA unit to acquire minority stake in Fisher Investments

Advent, ADIA unit to acquire minority stake in Fisher Investments

Counting dollars. Photo by Pixabay

Fisher Investments on Sunday said U.S.-based private equity firm Advent International and a unit of the Abu Dhabi Investment Authority (ADIA) have agreed to acquire a minority stake in the money-management firm valuing it at $12.75 billion.