• Goldman Sachs agreed to buy NEOS Investments, an options-based income ETF manager with USD 30 billion in assets as of June 30, 2026.
• Deal consideration up to USD 2.25 billion in cash and equity, tied to performance or service commitments.
• Combination lifts Goldman Sachs Asset Management’s active ETF offering to about USD 80 billion within a USD 130 billion global ETF platform.
• NEOS co-founders Troy Cates and Garrett Paolella are set to join Goldman Sachs Asset Management as partners; the full team is expected to move over.
• Transaction is expected to close in the first quarter of 2027, subject to customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Goldman Sachs Group Inc. published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.