Many of Goldman Sachs' new MDs are riding the AI wave

Goldman Sachs appointed 638 managing directors last week. One is a 29-year-old in the London synthetic products group. Around 30 are bankers in London. A further 11 seem to be directly related to Goldman's efforts in the realm of AI.

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These 11 are listed below. Goldman declined to comment on their AI endeavours, but their involvement is a point of communality. Two of the 11 - William Fantini and Frank Long are understood to be the tender age of 31.

They are:

Two power bankers, working with data centres: 

Maya Le Gall in the New York natural resources group and Andrew Yang, another banker focused on power deals. 

Three technology, media and telecoms bankers:

Benny Pinkas and Charles Cavanna, both TMT bankers in New York. And William Fantini, another New York TMT banker who recently worked with NScale, the AI infrastructure provider, which recently raised $1.1bn. And Charles Cavanna, 

One person in the Goldman executive office:

Frank Long, Goldman's 31-year-old AI proselytiser in the executive office, made the cut. Long, who was once a product manager at Google, is engaged with managing the spread of AI across the firm "from tokens down to electrons." 

Two people in engineering:

Bryan Stokes, an engineer who joined from Amazon in 2022 got promoted. He specialises in the software development lifecycle, which by definition means AI nowadays. 

Rohan Roy was promoted too.

Two people in equity research 

Researchers Jim Schneider and Ryan Hammond were promoted. Schneider is a TMT analyst in New York. Hammond has been warning about tech giants and "AI hyperscalers" cutting spending.  

One in private wealth

Sara Africk made MD in private wealth. She's based in New York and is all about "digital transformation." 

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