Goldman Sachs is set to acquire systematic options-based ETF provider NEOS Investments.
David Solomon
The move will expand Goldman Sachs Asset Management’s derivative-based ETF solution offering, adding $30 billion in active income ETFs.
Through the transaction – set to close in Q1 2027 – Goldman Sachs AM will become the eighth largest active ETF manager.
“As investor demand for active ETFs grows, NEOS’ disciplined investment approach is highly complementary to our capabilities across buffer, managed outcome and income strategies. Together, we will give investors a diverse toolkit for different market environments,” said David Solomon, chair and chief executive of Goldman Sachs.
“NEOS’ innovative ETF solutions and intuitive financial education programs have helped them build a strong market presence across a diverse investor base and this acquisition is an excellent strategic and cultural fit.”
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The deal comes amid growing demand for modern solutions for derivative income ETFs, which will deliver attractive income and support in navigating interest rate volatility and risk management.
“As we think about the next chapter for our business, Goldman Sachs Asset Management is a partner that shares our commitment to investment excellence and innovation. Together, we’ll combine NEOS’ entrepreneurial spirit with Goldman Sachs’ scale, expertise and resources to expand the reach of NEOS’ solutions and deliver even greater value for our investors,” said Troy Cates, co-founder of NEOS.
The acquisition is also expected to boost NEOS’s ability to scale its resources and brand, to support investors in various markets.