Goldman Sachs Acquires Innovator Capital, Expanding Its ETF Portfolio

Goldman Sachs has made a significant move into the high-fee ETF market with a $2 billion acquisition of Innovator Capital Management, the company behind specialized buffer funds. This deal will merge Goldman’s established asset management unit with Innovator’s expertise in defined-outcome ETFs known for mitigating downside risk while controlling potential gains. The acquisition brings over $28 billion in assets under management to Goldman Sachs Asset Management, positioning them among the top 10 active ETF issuers.