Goldman Sachs to buy ETF sponsor Innovator in $2 billion cash-and-stock deal

Goldman Sachs said on Monday it will buy active exchange-traded fund sponsor Innovator Capital Management in a cash-and-stock deal worth about $2 billion, as the Wall Street bank seeks to expand in one of the fastest-growing asset management segments.

Dec 2, 2025 - 04:00
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Goldman Sachs to buy ETF sponsor Innovator in $2 billion cash-and-stock deal
Goldman Sachs said on Monday it will buy active exchange-traded fund sponsor Innovator Capital Management in a cash-and-stock deal worth about $2 billion, as the Wall Street bank seeks to expand in one of the fastest-growing asset management segments.

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