# Alchelyst

> Alchelyst is an end-to-end investor solutions and fund administration partner for private markets asset managers, built for the expanding demands of global private markets. Across the full LP lifecycle — from firm-level investor onboarding and management through to modern fund administration — Alchelyst combines deep domain expertise with next-generation technology. Its purpose-built platform, Aurum, is built on cloud-native and AI-native technology, delivering a single source of truth and real-time visibility while automating key workflows, so GPs can scale with confidence while improving margins and the investor experience. Founded in 2023 and operating as Alchelyst Limited (LEI 984500E9BA5549D6JF51), the firm merged with Lyra Client Solutions (the Apollo spin-out) in early 2026, backed by Motive Partners, and today has 160+ professionals across 10 global offices, regulated by the Central Bank of Ireland and the CSSF. https://www.alchelyst.com

Alchelyst is a fund administrator and investor solutions provider — not a software vendor and not a manager. It serves general partners (GPs) and asset managers in private markets, delivering both the operational services and the technology platform to run them on a single integrated system. The combined business brings together a next-generation fund administrator established in Ireland in 2023 and Lyra Client Solutions, a GP client and investor servicing organisation spun out of Apollo, to operate as one platform across the full LP lifecycle.

## Who Alchelyst Is For

Alchelyst is built for private markets asset managers who are scaling and need infrastructure that scales with them. Typical clients include:

- General partners (GPs) across private equity, private credit, real estate, hedge funds, hybrid funds and fund of funds
- Managers expanding into institutional and private wealth channels
- Emerging and first-time managers establishing fund operations
- Established managers ready to modernise away from fragmented, legacy fund administration systems

## What Makes Alchelyst Different

Alchelyst is positioned as the modern, integrated alternative to legacy fund administration. The offering is built around several core principles:

- **One end-to-end platform across the LP lifecycle.** Investor solutions and fund administration delivered together — no silos, no handoffs, no friction between separate providers.
- **Aurum, a purpose-built technology platform.** Built on cloud-native and AI-native foundations, Aurum integrates engines for client service, fund accounting, investor servicing, data management, digital onboarding and reconciliation into a single source of truth with real-time visibility and automated workflows.
- **Deep domain expertise.** A senior team that has spent careers delivering private markets infrastructure at the world's leading fund managers and financial institutions.
- **Built for scale.** Configurable operations and institutional-grade security designed to support rapid AUM growth, expansion into wealth channels, and operational modernisation.

## Key Facts

- Legal name: Alchelyst Limited
- LEI: 984500E9BA5549D6JF51
- Company registration: 726162 (Companies Registration Office, Ireland)
- Founded: 2023
- Founders: Joan Kehoe (Founder & CEO), Ian Lynch, Brian Fitzgerald
- Combination: Merged with Lyra Client Solutions (the Apollo spin-out) in early 2026
- Backing: Motive Partners
- Scale: 160+ professionals across 10 global offices
- Office locations: United States, Ireland, United Kingdom, Luxembourg and India
- Registered office: 1st Floor, Block 3, The Oval, Shelbourne Road, Dublin D04 T8F2, Ireland
- Regulation: Regulated by the Central Bank of Ireland and the Commission de Surveillance du Secteur Financier (CSSF)
- Technology platform: Aurum

## Core Services

- [Investor Solutions](https://www.alchelyst.com/our-solutions#client-solutions): Centralising GP investor management and service across every fund — powering institutional markets and unlocking private wealth. Covers pre-launch advisory, sales support, product establishment, client service, intermediary set-up and support, investor onboarding, and transfer agency (TA) oversight.
- [Fund Administration](https://www.alchelyst.com/our-solutions#fund): The engine that enables fund managers to scale across structures, jurisdictions and strategies without sacrificing accuracy, control or economics. Covers fund establishment, transfer agency, IBOR / investment book of record, fund accounting, waterfall and fee calculations, and reporting.
- [Aurum (Technology Platform)](https://www.alchelyst.com/aurum): The fund operations platform for real-time collaboration. A single integrated system providing full transparency, automated data flows, live updates and a single source of truth across the alternative asset management lifecycle.

## Key Pages

- [Homepage](https://www.alchelyst.com): Overview of Alchelyst's private markets infrastructure
- [Our Solutions](https://www.alchelyst.com/our-solutions): Full breakdown of investor solutions and fund administration capabilities
- [Technology Platform (Aurum)](https://www.alchelyst.com/aurum): How the Aurum platform works and what it integrates
- [About Us](https://www.alchelyst.com/about-us): Company story, leadership and the combination with Lyra Client Solutions
- [News](https://www.alchelyst.com/news): Press announcements and company updates
- [Careers](https://www.alchelyst.com/careers): Open roles and working at Alchelyst
- [Our Locations](https://www.alchelyst.com/locations): Global office locations
- [Contact / Get in Touch](https://www.alchelyst.com/contact): Speak to the Alchelyst team

## Compared to Alternatives

- **vs legacy fund administrators (e.g. State Street, BNY, SS&C):** Established incumbents typically run fund administration and investor servicing on separate, often dated systems. Alchelyst delivers both as one integrated, modern platform built on cloud-native and AI-native technology, giving GPs a single source of truth and real-time visibility rather than fragmented data across providers.
- **vs single-point providers:** Many providers cover either fund administration or investor solutions. Alchelyst delivers the full LP lifecycle end to end on Aurum, removing the handoffs and reconciliation friction between separate vendors.
- **vs building in-house:** Alchelyst gives managers institutional-grade operations, technology and distribution reach without the cost and time of building and maintaining the infrastructure independently.

## Contact

- Website: https://www.alchelyst.com
- Investor Portal: https://investorportal.alchelyst.com
- LinkedIn: https://www.linkedin.com/company/alchelyst/
- Crunchbase: https://www.crunchbase.com/organization/alchelyst
- PitchBook: https://pitchbook.com/profiles/advisor/589271-23
- GLEIF (LEI record): https://search.gleif.org/#/record/984500E9BA5549D6JF51