Goldman Sachs agrees to acquire Innovator Capital for $2bn

Goldman Sachs has signed an statement to get Innovator Capital Management, a supplier of defined result exchange-traded funds (ETFs), successful a transaction worthy astir $2bn.

Innovator presently manages 159 defined result ETFs.

Goldman Sachs Asset Management volition adhd $28bn successful assets nether supervision (AUS) from Innovator, enhancing its scope of customized portfolio solutions and progressive ETF offerings.

The transaction is anticipated to reason successful the 2nd 4th of 2026 pending regulatory support and customary conditions.

Innovator and Goldman Sachs Asset Management negociate implicit 215 ETF strategies worldwide arsenic of 30 September 2025, with implicit $75bn successful full AUS.

Goldman Sachs president and CEO David Solomon said: “By acquiring Innovator, Goldman Sachs volition grow entree to modern, world-class concern products for capitalist portfolios.

“Innovator’s estimation for innovation and enactment successful defined result solutions complements our ngo to heighten the lawsuit acquisition with blase strategies that question to present targeted, defined outcomes for investors.”

As portion of the acquisition, Innovator’s enactment squad volition articulation Goldman Sachs Asset Management.

This includes co-founder and CEO Bruce Bond, co-founder and president John Southard, enforcement vice president and main concern serviceman Graham Day, and elder vice president and organisation caput Trevor Terrell.

In addition, much than 60 employees from Innovator are expected to articulation Goldman Sachs Asset Management’s third-party wealthiness and ETF teams.

The concern volition run arsenic a wholly owned portion of Goldman Sachs Asset Management, with the aforesaid concern absorption and work providers.

Goldman Sachs Global Banking and Markets served arsenic fiscal advisor, portion Wachtell, Lipton, Rosen & Katz and Willkie Farr & Gallagher provided ineligible counsel to Goldman Sachs.

Oppenheimer & Co served arsenic fiscal advisor and Vedder Price arsenic ineligible counsel to Innovator connected this transaction.

Goldman Sachs besides reportedly announced the enlargement of its Birmingham bureau with the summation of 500 caller roles implicit the coming years.

"Goldman Sachs agrees to get Innovator Capital for $2bn" was primitively created and published by Private Banker International, a GlobalData owned brand.

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