Fisher Investments, the $44 billion money management firm headed by Ken Fisher, has expanded into Germany by buying half of fund management firm Thomas Gruner Vermogensmanagement GmbH for an undisclosed price, the company said on Monday.
Ken Fisher, CEO of Fisher Investments, told CNBC’s “Morning Call” that private equity is in the middle of a “perfect storm” and there will be more IPOs
The longer this goes on, the more CFOs and CEOs learn to do what private equity firms are trying to teach them, which is to borrow long-term money at approximately 6%, which would cost something like 3.6% after taxes.
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