Private equity firm Advent International has held talks to acquire billionaire Ken Fisher’s eponymous Fisher Investments, according to a person with knowledge of the matter. 

An agreement hasn’t been reached and it’s possible no deal will transpire, said the person, who asked not to be identified discussing confidential information. 

An Advent spokesperson declined to comment. The Wall Street Journal earlier reported that talks were ongoing but said they might not lead to a transaction and it is possible another suitor could emerge for Fisher. 

In a statement after the initial report by The Wall Street Journal, the company denied a sale was imminent in a statement, which read: “Fisher Investments is not being bought by Advent International, or anyone else.”