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.
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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