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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
2 mins to read

ACC, Super Fund seen as possible buyers of Fisher stake

A 34% shareholding of fund manager Fisher Funds is on the market but could be an awkward sell, despite its attractive earnings.

Fisher Funds is 66% owned by Toi Foundation, a charitable organisation based in Taranaki.

Tim Hunter Tue, 12 Mar 2024

Government-owned institutions ACC and the Super Fund are seen as among the few local potential buyers of a 34% stake in Fisher Funds, reportedly put on the block by private equity firm TA Associates.

Macquarie is understood to be advising on the sale, while Cameron Partners is seeking a mandate on

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Tim Hunter Tue, 12 Mar 2024
Contact the Writer: thunter@nbr.co.nz
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ACC, Super Fund seen as possible buyers of Fisher stake
General Business,
103146
true