Goldman Sachs Acquires Innovator Capital in $2 Billion ETF Expansion
Goldman Sachs is acquiring Innovator Capital Management for $2 billion, significantly expanding its ETF assets and gaining a leading provider of defined-outcome ETFs, which are popular for risk management in volatile markets. The deal will boost Goldman Sachs' ETF assets under management to $79 billion, positioning it among the top 10 active ETF issuers, and is expected to close in Q2 2026 pending regulatory approval.