News from the Motive Partners network: Alchelyst and Lyra Client Solutions complete combination, creating a purpose-built platform to support the evolving needs of private markets
Newly combined company will focus on delivering technology-enabled client service and next-generation infrastructure to support the growth of private markets firms.
New York, NY, March 12, 2026 – Alchelyst and Lyra Client Solutions today announced the completion of their merger. The combined company, backed by Motive Partners and anchor client Apollo (NYSE: APO), is focused on supporting the continued evolution of private markets infrastructure. The combined organization will be led by Joan Kehoe, Founder and Chief Executive Officer of Alchelyst, and will operate under the Alchelyst name. The company also unveiled a refreshed brand identity reflecting its strategic vision to be at the forefront of transforming the investor experience across global private markets.
Private markets continue to evolve, marked by broader distribution, accelerated product innovation, and rapid expansion into global wealth channels. “Alchelyst is purpose-built for this moment,” said Kehoe. “The combined firm brings together premium General Partner Client Solutions, full-service fund administration, and proprietary next-generation technology within a unified infrastructure platform – setting a new standard for how private markets are serviced across institutional and wealth channels.”
The growth of private markets has reshaped the investment landscape. What was once largely institutional has been expanding into private wealth, and global distribution networks with accelerating speed. General Partners (GPs) are increasingly evaluated not only on performance, but also on their ability to deliver enterprise-grade infrastructure, seamless investor experiences, real-time transparency across portfolios, and scalable operations across geographies and channels.
“Alternative asset managers have increasingly sought more integrated offerings enabled by next-generation technology, as private markets have evolved beyond traditional servicing frameworks,” Kehoe added. “Legacy models – built around siloed providers and disconnected systems – are no longer sufficient in today’s environment. Managers require integrated infrastructure that moves at the speed of capital, supports the sophistication of modern investors, and scales seamlessly. Alchelyst’s platform and solutions are designed to power this next phase.”
About Alchelyst
Alchelyst is an integrated client solutions and infrastructure partner for private markets asset managers. Purpose-built for the expanding demands and sophistication of global private markets, the company’s end-to-end platform turns operational complexity into the seamless architecture of growth, giving GPs the freedom to lead, invest, and scale with confidence. Grounded in industry expertise and exceptional people, Alchelyst offers two core solutions (GP Client Solutions, and Fund Administration) – powered by proprietary next-gen technology, built to scale. With offices in the US, Ireland, UK, Luxembourg and India, Alchelyst is defining the new standard for private markets servicing at scale, becoming partner of choice though trusted expertise, exceptional people, and technology-enabled excellence.
Background Information
Setting a New Standard, Architecting the Infrastructure of Growth
As private markets continue to expand globally, the demand for intelligent, integrated infrastructure will only accelerate. Asset managers seeking to lead in this environment will require partners capable of delivering not just services, but scalable architecture. Alchelyst’s new strategic direction centers on integration and enables managers to expand distribution, elevate investor experience, and operate with confidence in increasingly sophisticated markets. The platform unifies:
- Technology-enabled GP Client Solutions delivering high-touch, premium investor servicing across institutional and global wealth segments
- Modern Fund Administration across alternative asset classes, designed for precision, transparency, and global scale
- Purpose-built Technology connecting workflows, reporting, compliance, and investor engagement into a cohesive operating architecture
With the completion of the merger, the team has been unified by a shared belief: that the future of private markets servicing requires a fundamentally different approach. This extends to the combined company’s brand identity, requiring evolved and refreshed positioning reflective of its expanded ambition and capabilities. The name Alchelyst represents transformation – turning complexity into clarity, fragmentation into integration, and operational burden into strategic advantage. Underscoring the company’s role not simply as a service provider, the refreshed brand reinforces the company as the architect of what’s next, an infrastructure partner enabling private markets to scale responsibly and efficiently into their next phase of growth.
The new brand mark includes a distinctive A, which can be viewed as a North star, a pointed arrow leading the way to the future. Inspired by infrastructure and designed to feel both stable and dynamic, its curved crossbar is a visual expression of collaboration helping to bridge the gap between client and partner – allowing effortless transfer of knowledge, expertise and technology between the two. The refreshed graphics depict the fluid scaling that Alchelyst enables, with motion that conveys effortlessness and perpetual momentum.
Alchelyst’s rebranding process included comprehensive engagement with clients, partners, and employees to ensure the identity reflects the vision of both companies and their combined forward trajectory. The new brand also reflects the collective conviction of a leadership team comprised of investments, funds and financial services veterans, with deep expertise and experience in top-tier industry-leading organizations, and the significant market opportunity that lies ahead. With operations across the United States, Ireland, the United Kingdom, Luxembourg, and India, the combined organization serves a global client base spanning institutional and wealth investors.
Kehoe added, “our evolution is not about a new name, it is a pivotal milestone for our clients and teams, as together, we’re defining a new category. Alchelyst stands for integrated infrastructure, elevated client experience, and technology-enabled excellence – all designed to empower managers navigating this new era of private markets to scale with confidence.”
More information can be found at www.alchelyst.com
