– Motive Partners, a private equity firm focused on financial technology, and Apollo announced the launch of Lyra Client Solutions (“Lyra”).
– Lyra is a spin-out from Apollo’s client services division, delivering technology and operations capabilities to enhance efficiency and client experience across institutional and wealth channels.
– Both Motive and Apollo have invested capital to support Lyra’s launch and commercialization.
– Growth in private markets is driving demand for superior investment products, returns, and client services amid cost and efficiency pressures.
– Lyra offers scalable, technology-enabled, white glove client services, including pre-trade, onboarding, and post-trade capabilities.
– Eileen Sivolella appointed as Chair and Independent Director of Lyra’s Board.
– Scott Kauffman, Motive Partners, stated Lyra is foundational for private markets, helping managers scale operations and deliver value using technology.
– Stephanie Drescher, Apollo, emphasized Lyra as part of Apollo’s commitment to ensuring client experience keeps pace with growing demand for private markets.
– Neil Cochrane, Motive Partners, noted Lyra as a step towards digitizing and scaling private markets, making them more accessible and serviceable like public securities.
