Exclusive-Goldman Sachs reshapes TMT investment group to focus on digital infrastructure and AI deals, memo says


Goldman Sachs logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration

Dec 15 (Reuters) - Goldman Sachs is restructuring its influential technology, media, and telecom (TMT) investment banking group with an eye toward infrastructure deals and artificial intelligence, creating two new teams with new leaders, according to the internal memo seen by Reuters.

The bank is combining its telecom and "CoreTech" teams to form a new Global Infrastructure Technology sector. The unit will be co-headed by partners Yasmine Coupal and Jason Tofsky. Coupal, a partner since 2020, joined the bank in 2004, while Tofsky, who became a partner in 2022, started in 2008.

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