Kirkland Advises Lyra on Combination with Alchelyst

Kirkland & Ellis advised technology-enabled client servicing organization Lyra Client Solutions and its sponsors Motive Partners and Apollo, on a combination with Alchelyst, a leading full-service fund administrator for alternative asset managers. The combined company will create a next-generation private markets servicing platform purpose-built to transform the investor experience across the institutional and global wealth channels. Lyra is a spin-out from Apollo’s client services division, which was announced in March 2025 with capital invested by both Motive Partners and Apollo.

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The Kirkland team included corporate lawyers Lauren Colasacco and Valeriya Zavyalova; and tax lawyers Benjamin Schreiner and Keaton Bolton.