The acquisition adds US$31 billion in defined outcome exchange-traded funds (ETF) assets and deepens the firm’s leadership in fast-growing active ETF categories.
The Goldman Sachs Group (Goldman Sachs) has closed the acquisition of Innovator Capital Management LLC (Innovator), marking a significant milestone for the growth of Goldman Sachs Asset Management’s ETF business. The integration will bring Innovator’s approximately US$31 billion in assets under supervision Innovator Capital Management is an Illinois-based issuer of ETFs with built-in risk management as well as a leading provider of defined outcome ETFs, which use options-based st