Goldman Sachs ($GS) agreed to acquire Neos Investments for up to $2.25 billion in cash and equity, adding approximately $32 billion in assets across nearly two dozen options-based income ETFs. The transaction will expand Goldman Sachs Asset Management's ETF platform to roughly $130 billion in assets following its earlier $2 billion acquisition of Innovator Capital Management.
- Neos specializes in actively managed, options-based ETFs designed to generate monthly income.
- Neos co-founders Troy Cates and Garrett Paolella will become partners at Goldman Sachs Asset Management, with the broader team expected to join the firm.
- Goldman's asset and wealth management division oversaw more than $4 trillion at the end of the second quarter, up more than $700 billion year over year.
- Goldman's main Q1 and Q2 2026 lobbying filings reported $1.25 million and $640,000, respectively, covering securities market structure, securitization, corporate governance and broader financial-services policy. Its recent federal lobbying disclosures do not specifically reference Neos or this acquisition.
Relevant Companies
- Goldman Sachs ($GS) - The acquisition adds roughly $32 billion of ETF assets and expands its actively managed and options-based investment products.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
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