Goldman Sachs will acquire NEOS Investments, an ETF provider managing $30 billion in assets, for up to $2.3 billion. The deal, expected to close in early 2027, significantly expands Goldman's presence in the active ETF and options-based income markets.
The acquisition significantly expands Goldman Sachs' footprint in the rapidly growing active ETF and options-based income sectors, aiming to bolster its asset management division and overall ETF offerings.
Goldman Sachs has agreed to acquire NEOS Investments, an exchange-traded funds provider, for as much as $2.3 billion. The deal, announced on Wednesday, is expected to close in the first quarter of 2027.
NEOS Investments specializes in ETFs focused on systematic options-based income and manages approximately $30 billion in assets. This acquisition is poised to significantly enhance Goldman Sachs' position in the high-growth active ETF and options-based income markets.
Upon completion, Goldman Sachs' total ETF assets are projected to increase to roughly $130 billion, solidifying its standing as a major global provider of actively managed investment vehicles. This strategic move follows Goldman's recent acquisition of Innovator Capital Management, underscoring a pivot towards "defined outcome" and actively managed investment products.