[September 09, 2026]

ProShares Fuels Next Phase of Growth With Significant New Hires and Continued Investment in Talent

ProShares, a premier provider of exchange-traded funds (ETFs), today announced that it is taking its business to the next level of growth, expanding the firm's capabilities to pursue new investment opportunities and deliver a broader range of investment solutions across new asset classes and structures. To power this growth, the firm has made several significant new hires and is continuing to build its team.

Expanding Across New Asset Classes, New Product Structures

ProShares' growth strategy reaches into new areas beyond its traditional ETF lineup, including active management, private markets, and fixed income. To support this strategy, the firm is investing in talent across the organization, with experienced new hires in areas such as portfolio management, product development, and research, with more than 20 open positions, and more hiring to come.

As part of its expansion, ProShares plans to launch a lineup of interval funds, a structure that can offer investors access to less-liquid, return-oriented opportunities not readily available through traditional ETFs. Beyond interval funds, ProShares intends to evaluate additional product structures designed to expand investors' access to other asset classes.

Alongside this organic investment, ProShares is considering several new strategic partnerships with other asset management firms and intends to continue evaluating additional partnerships as another avenue for growth. Such relationships could extend the firm's reach, accelerate its entry into new asset classes, and bring complementary expertise to its expanding platform.

"ProShares recently reached a new high of close to $120 billion in assets under management, reflecting the success of our commitment to innovation and investor-focused solutions," said ProShares CEO Michael L. Sapir. "Now we are taking the business to its next level of growth. The significant new talent we've brought on is central to that effort, and we will keep investing in exceptional people, capabilities, and partnerships to build new offerings, broaden what we provide investors, and achieve our goals."

A New Active Investments Platform

A key part of this expansion is ProShares' new Active Investments platform, which broadens the firm's capabilities across a range of areas where traditional indexing approaches are structurally limited - such as private markets and fixed income, among others - and which will serve as the home for the firm's new interval fund lineup. The platform brings together experienced investment professionals with specialized investment research and portfolio management expertise to develop active investment solutions that complement the firm's longstanding leadership inETFs.

To lead the firm's new Active Investments platform, ProShares has appointed Alessio de Longis as Managing Director, Head of Research and Chief Investment Officer (CIO), Active Investments. Most recently, de Longis served as Head of Asset Allocation and Senior Portfolio Manager at Invesco's Investment Solutions Group, overseeing a global multi-asset investment platform with approximately $100 billion in assets and advisory mandates across private wealth and institutional clients.

"ProShares has built a strong reputation for innovation and delivering differentiated investment solutions," said de Longis. "It's an exciting time to join ProShares as we expand the firm's active investment capabilities. By combining rigorous investment research, thoughtful portfolio construction, and disciplined portfolio management, we can develop innovative active investment solutions that help meet investors' evolving needs."

Strengthening the Team

ProShares' significant new hires include:

• Alessio de Longis has joined ProShares as Managing Director, Head of Research and Chief Investment Officer (CIO), Active Investments, where he will lead the firm's new Active Investments platform. He joins ProShares from Invesco, where he served as Head of Asset Allocation and Senior Portfolio Manager in its Investment Solutions Group, overseeing a global multi-asset platform with approximately $100 billion in assets.

• Hyuk Soo Han has joined ProShares as Senior Portfolio Manager, Private Equity. He will help lead the firm's private equity secondary investment efforts and support the development of new private markets strategies. He joins ProShares from GCM Grosvenor, where he served as Principal on the firm's Private Equity team focused on direct and secondary investments.

• Inkoo Kang has joined ProShares as Executive Director, Tactical Products. He will help support the continued growth of ProShares' geared (leveraged and inverse) ETF business. He joins ProShares from Grayscale and previously spent more than a decade at Direxion in product development, institutional strategy, and portfolio management.

• Joseph Witkowski has joined ProShares as Executive Director, Head of Product Development. He will lead the firm's product development efforts as ProShares expands into new asset classes and investment structures. He joins ProShares from BlackRock, where he held senior product leadership roles spanning ETFs, alternatives, and mutual funds.

• Nicholas Georgakis has joined ProShares as Senior Director, Product Implementation. He will support the development and implementation of new investment strategies and vehicles across the firm's expanding platform. He joins ProShares from BlackRock, where he held senior product strategy and development roles focused on alternative investments and multi-asset solutions.

ProShares expects to continue expanding its team in the near future, including additional new hires across several strategic areas.

About ProShares
ProShares has been at the forefront of the ETF revolution since 2006, offering one of the industry's largest ETF lineups. ProShares, together with its mutual fund affiliate, ProFunds, manages more than $111 billion in assets. ¹ The company is a leader in strategies such as dividend growth, high income, interest rate hedged bond, crypto and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.

To learn more about the company and career opportunities, visit us on LinkedIn or at ProShares.com.

Sources:

¹ As of 8/31/26

There is no guarantee any ProShares ETF will achieve its investment objective.

Investing involves risk, including the possible loss of principal.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.

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