Macquarie Capital hired Sean McCarthy and Chris Holt as managing directors in its North American Telecommunications, Media and Technology (TMT) business.

McCarthy and Holt will be based in New York and report to David Dorfman, a senior managing director and head of TMT and Services at Macquarie Capital for the Americas and Europe.

McCarthy joinrf Macquarie Capital from RBC Capital Markets, where he was a managing director for technology investment banking, focusing on software. He has more than 18 years of experience originating and executing complex M&A and capital markets transactions.

Holt joined from Rothschild, where he specialized in M&A and strategic advisory assignments across a broad set of companies in the TMT space. Before joining Rothschild in 2014, he spent six years at Morgan Stanley where he focused primarily on the media and communications industries.

“We are delighted to have Sean and Chris join Macquarie Capital,” Dorfman said. “We have been at the forefront of advising and financing some of the most innovative TMT transactions throughout the U.S. Sean and Chris collectively bring experience and relationships to deliver advice and capital solutions to clients.”