Ark Invest
![Ark](/sites/default/files/images/custom/Ark%20Invest.png)
![Resolute](/sites/default/files/images/custom/Resolute%20Investment%20Managers.png)
Transaction Summary
On August 31, 2021, ARK Invest signed a definitive agreement to acquire Resolute's entire 22.8% of the equity interests in ARK Invest.
ARK Invest
ARK Invest is a pioneer issuer of thematic, actively managed ETFs. Founded in 2014 by Catherine Wood, an asset management industry veteran whose career up until then spanned Capital Group, Jennison Associates, and AllianceBernstein, ARK Invest manages or advises on over $46B in assets across ETFs, mutual funds, SMAs, and model delivery products as of December 31, 2020 . Of this sum, ARK Invest’s ETF AUM totaled $22B, ranking it the 12th largest ETF manager. ARK Invest manages the three largest actively managed equity ETFs in the US, and five of the largest six.