– Alchelyst and Lyra Client Solutions have completed their merger
– The combined company is backed by Motive Partners and anchor client Apollo Global Management, Inc.
– The firm will operate under the Alchelyst name
– Joan Kehoe, Founder and CEO of Alchelyst, will lead the combined organization
– A refreshed brand identity has been launched to reflect its strategic vision
– The company aims to transform the investor experience across global private markets
– Private markets are evolving with broader distribution, faster product innovation, and expansion into global wealth channels
– Alchelyst positions itself as purpose-built to meet these market changes
– The combined firm integrates GP client solutions, fund administration, and next-generation technology into one platform
– The platform aims to set a new standard for servicing private markets across institutional and wealth segments
– Private markets are shifting from institutional-only to include private wealth and global distribution networks
– Alchelyst aims to provide unified infrastructure that matches the speed and complexity of modern capital markets
