The Goldman Sachs Group has closed the acquisition of Innovator Capital Management, LLC, known for its defined outcome exchange-traded funds (ETFs), a step that should bolster the growth of the ETF business of Goldman Sachs Asset Management (GSAM), officials say. “By integrating Innovator’s approximately $31 billion in assets under supervision (AUS) across its suite of… Read More >>
TA Associates Backs Management Buyout of GSAM Unit
TA Associates Backs Aussie-Focused Investment Capabilities and Fund Platform TA Associates, a private equity firm, reports that it has signed a definitive agreement to back a management buyout of Goldman Sachs Asset Management’s Australian-focused investment capabilities and fund platform. Financial terms of the transaction were not disclosed. The transaction is expected to close by year-end,… Read More >>
