“Goldman Sachs acquires ETF firm for $2 billion in latest deal to bolster asset management division”
December 10, 2025
“Goldmans Sachs has agreed to buy Innovator Capital Management, a provider of defined-outcome ETFs, for about $2 billion.
Innovator had $28 billion of assets under supervision across 159 ETFs as of Sept. 30.
Goldman Sachs has made asset and wealth management a priority since pivoting away from a consumer banking push…”
https://www.cnbc.com/2025/12/01/goldman-sachs-acquires-innovator-capital-management.html