Goldman to Expand ETF Footprint With the Buyout of Innovator Capital

Key Takeaways GS plans to acquire Innovator Capital to expand its defined outcome ETF lineup.Deal includes $2B in cash and equity, with Innovator Capital's staff joining GS teams.Combined platform will oversee 215 ETF strategies totaling over $75B in AUS.The Goldman Sachs Group, Inc. (GS) has entered into an agreement to acquire Innovator Capital Management (Innovator), a leading provider of defined outcome exchange-traded funds (ETFs). Innovator Capital manages $28 billion in assets under supervision (AUS) ...