Exclusive: Star Goldman Sachs Banker Dunlevie to Co-Lead Tech Banking

Goldman Sachs is promoting Jane Dunlevie, a senior tech banker who has worked on deals for OpenAI, Stripe and Instacart, to co-lead the bank’s technology, media and telecommunications investment banking group, according to an internal memo seen by The Information.

Jane Dunlevie, who was recently the global chief operating officer of the same group, is going to lead the group alongside current co-heads Jung Min and Barry O’Brien. Since joining Goldman in 2007, she has had various stints, such as global head of Internet investment banking.

Dunlevie advised on Instacart’s $660 million initial public offering and Stripe’s $6.5 billion private capital raise in 2023. Last year, she advised OpenAI on its restructuring to a public benefits corporation, which paved the way for a planned IPO, which investors now expect for 2027.

Goldman Sachs has advised on more than $330 billion worth of deals for companies in technology, media and telecommunications globally the past year, beating rivals such as Morgan Stanley and JPMorgan, data compiled by Dealogic shows.

A spokesperson for the bank confirmed the content of the memo but didn’t comment further.