Goldman Sachs Acquires Innovator Capital Management for $2 Billion
Goldman Sachs has announced the acquisition of Innovator Capital Management for $2 billion, shedding light on its strategic intent to fortify its position in the active ETF market. Innovator is renowned for its agile growth in the industry, majorly driven by its 'Defined Outcome ETFs' and 'Buffer Funds', which have been particularly effective in safeguarding profits during market downturns. This acquisition positions the combined entity to manage over $75 billion in assets, highlighting the scale and potential synergy. The transaction is projected to close by the second quarter of 2026.
The regulatory easing in the ETF market has stimulated increased activity, and Goldman Sachs's latest move places it within the top 10 active ETF providers globally. With Innovator managing 159 ETFs, this partnership substantially enhances Goldman Sachs's product accessibility and diversity. This acquisition aligns with Goldman Sachs's broader strategy to strengthen its asset management arm, thereby extending its influence and capabilities in the competitive global investment arena.
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Goldman Sachs Acquires Active ETF Manager Innovator for $2 Billion - Financial News(Seoul=News1) Reporter Kim Kyung-min = Global investment bank Goldman Sachs announced on the 1st (local time) that it has agreed to acquire active exchange-traded fund (ETF) manager Innovator Capital Management for approximately $2 billion (about 3 trillion won). According to CNBC, Goldman Sachs plans to complete the acquisition in the second quarter of 2026..
Goldman Sachs Acquires ETF Management Company for $2 Billion [Stock+]Goldman Sachs acquires ETF management company for $2 billion, taking over Innovator, a defined outcome ETF manager. The company manages $28 billion across 159 ETFs. Goldman enters the 'Top 10 Global Active ETF Managers'.
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