Goldman Sachs Group has hired Brian Cayne, co-founder of Qatalyst Partners, as global co-head of its software investment banking group. Cayne will start in January and lead the software banking practice with existing co-heads in London and New York. He will report to global co-heads of Goldman’s technology, media, and telecom investment banking group.

Cayne spent 15 years at Qatalyst Partners before leaving in 2023. Goldman’s hire aims to strengthen its advisory practice in the software sector. The bank ranked No. 1 in global technology M&A in 2025, advising on transactions totaling $337.8 billion with a 42.5% market share.

Goldman Sachs’ recent hire of Brian Cayne signals its commitment to competing for top talent and major deals in the technology sector. The bank is reshaping its influential TMT group to capitalize on growth trends like artificial intelligence with a strategic focus on infrastructure deals and AI, according to an internal memo seen by Reuters.

Goldman Sachs is undergoing a wider reorganization of its TMT investment banking division, merging its telecom and “CoreTech” teams to form two new groups: Global Infrastructure Technology and Global Internet and Media. The bank’s restructuring aims to enhance its capabilities in key growth areas like AI.

Read more at Yahoo Finance: Exclusive-Goldman hires Qatalyst co-founder Cayne for software banking push, sources say