Alchelyst and Lyra Merge to Create Global Private Markets Platform Backed by Apollo
Alchelyst and Lyra Client Solutions finalized their merger to form a unified private markets infrastructure platform, led by CEO Joan Kehoe, backed by Motive Partners and anchor client Apollo. The combined firm offers GP Client Solutions, fund administration and next-gen technology across five global offices under a new brand identity.
1. Merger Completion and Leadership
Alchelyst and Lyra Client Solutions have officially merged, creating a single entity operating under the Alchelyst name. Joan Kehoe, founder and CEO of Alchelyst, will lead the combined organization, with financial backing from Motive Partners and anchor client Apollo reinforcing its capital foundation.
2. Platform Offerings and Brand Identity
The newly formed Alchelyst platform integrates premium General Partner Client Solutions with fund administration and proprietary technology solutions. A refreshed brand identity reflects a strategic vision focused on delivering seamless investor experiences and scalable operations across institutional and wealth channels.
3. Implications for Private Markets Infrastructure
By unifying siloed services into a purpose-built infrastructure, Alchelyst aims to set a new standard for private markets servicing. The platform’s end-to-end capabilities across five offices in the US, Ireland, UK, Luxembourg and India position it to address accelerated product innovation and global distribution demands.