NEW YORK, Aug 9 (Reuters) - Investment bank Evercore ( EVR )

has hired a top Goldman Sachs ( GS ) dealmaker as a

senior managing director to help drive its coverage of private

equity firms and alternative asset managers, people familiar

with the matter said on Friday.

David Kamo, who was named global head of dealmaking for

financial sponsors at Goldman last year, will join Evercore ( EVR ) in

the coming months after a period of gardening leave, the sources

said, requesting anonymity as the discussions are confidential.

Evercore ( EVR ) and Goldman both declined to comment.

Over the past year, Evercore ( EVR ) has hired several top

dealmakers from rivals in its push to win more business from

large corporates and private equity firms, amid a slowdown in

dealmaking activity.

Those efforts have started to pay off. Evercore ( EVR ) was ranked

sixth in global league tables for financial advisors during the

first half of 2024, while it was ranked 12 during the same

period last year, according to data compiled by Dealogic.

Kamo joined Goldman in 2016 and became a partner at the bank

in 2020. Before joining Goldman, he spent the previous 10 years

at Lehman Brothers and Barclays, according to his LinkedIn

profile.

Earlier this year, Goldman hired two senior bankers from

JPMorgan, Haidee Lee and Carsten Woehrn, to strengthen its

financial sponsors coverage group.

Deal activity involving private equity firms has rebounded

this year as buyout firms have deployed more capital, after a

spike in financing costs last year triggered a slowdown in

dealmaking. Global leveraged buyout volumes jumped 41% to $286

billion during the first half of 2024, according to Dealogic.