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Fisher Sells Stake of Up to $3 Billion to Advent, Abu Dhabi Fund

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Private equity firm Advent International and a unit of the Abu Dhabi Investment Authority are buying a minority stake in billionaire Ken Fisher’s Fisher Investments worth as much as $3 billion. The transaction, in which the acquirers will invest at least $2.5 billion, values closely held Fisher at $12.75 billion,…

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Click here to read the full story: Wealth Management.com

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