Goldman Sachs Completes Innovator Capital Acquisition

Goldman Sachs closed its $2 billion acquisition of Innovator Capital Management on April 2, 2026, integrating Innovator’s roughly $31 billion in assets under supervision across 171 defined-outcome ETFs. The deal expands Goldman Sachs Asset Management to about 240 ETFs worldwide and strengthens its position among the top ten active ETF providers with roughly $90 billion in ETF assets under supervision. Innovator’s 70 employees will join Goldman, with executives becoming advisory directors.