Exclusive-Goldman hires Qatalyst co-founder Cayne for software program banking push, sources say

Dec 17 – Goldman Sachs Group has employed Brian Cayne, a co-founder of boutique tech funding financial institution Qatalyst Partners, as a worldwide co-head of its software program funding banking group, based on folks aware of the matter. 

Cayne is anticipated to start out on the Wall Street large in January, the folks stated, asking to not be named to debate confidential personnel issues. Based in San Francisco, Cayne will co-lead the software program banking observe alongside present co-heads Joe Porter in London and Jason Rowe in New York.

In his new position, Cayne will report back to Barry O’Brien and Jung Min, who function the worldwide co-heads of Goldman’s expertise, media, and telecom (TMT) funding banking group, the folks stated.

A spokesperson for Goldman Sachs declined to remark.

Cayne spent 15 years at Qatalyst Partners serving to to ascertain it as a premier advisory agency centered on the expertise sector earlier than leaving the financial institution in 2023, based on his LinkedIn. He joined the agency in 2008 as a part of the founding workforce led by legendary tech banker Frank Quattrone.  

The high-profile rent underscores Goldman’s push to bolster its advisory observe within the profitable and extremely aggressive software program sector.

Goldman Sachs & Co ranked No. 1 in world expertise M&A in 2025 by deal worth, advising on transactions totaling $337.8 billion, giving it a 42.5 per cent market share, based on information compiled by LSEG.

Some of the financial institution’s largest offers this 12 months included the $56.5 billion leveraged buyout of Electronic Arts and Alphabet’s $32 billion acquisition of cloud safety agency Wiz.

Cayne’s rent indicators the financial institution’s intent to compete aggressively for high expertise and main offers because it reshapes its influential TMT group to raised capitalize on key progress developments, together with synthetic intelligence. 

Goldman Sachs is endeavor a wider reorganization of its TMT funding banking division. The financial institution is restructuring the group with a strategic deal with infrastructure offers and AI, based on an inside memo beforehand seen by Reuters. 

As a part of that overhaul, the financial institution mixed its telecom and “CoreTech” groups to kind two new teams: Global Infrastructure Technology and Global Internet and Media.