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Motive Partners and Apollo Launch Lyra Client Solutions

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Motive Partners and Apollo (NYSE: APO) have announced the launch of Lyra Client Solutions Holdings, , a spin-out from Apollo's client services division. The new venture aims to provide comprehensive client-servicing solutions with enhanced technology and operations capabilities for institutional and wealth channels.

Both companies have invested capital to support the establishment and commercialization of Lyra, which offers scalable services including pre-trade, onboarding, and post-trade capabilities. Eileen Sivolella, former Managing Director and Global CFO of Advent International, has joined as Board Chair and Independent Director.

The launch responds to rapid growth in private markets driven by product innovation, shifting portfolio allocations, and an expanding investor base. Lyra's technology-enabled platform aims to help alternative asset managers maintain operational excellence while managing cost and efficiency pressures.

Motive Partners e Apollo (NYSE: APO) hanno annunciato il lancio di Lyra Client Solutions Holdings, una spin-off dalla divisione servizi clienti di Apollo. La nuova iniziativa mira a fornire soluzioni complete per il servizio clienti con capacità tecnologiche e operative avanzate per i canali istituzionali e di wealth management.

Entrambe le aziende hanno investito capitali per supportare l'istituzione e la commercializzazione di Lyra, che offre servizi scalabili, inclusi capacità di pre-trade, onboarding e post-trade. Eileen Sivolella, ex Managing Director e Global CFO di Advent International, è stata nominata Presidente del Consiglio e Direttore Indipendente.

Il lancio risponde a una rapida crescita nei mercati privati, alimentata dall'innovazione dei prodotti, dai cambiamenti nelle allocazioni dei portafogli e da una base di investitori in espansione. La piattaforma tecnologica di Lyra mira ad aiutare i gestori di asset alternativi a mantenere l'eccellenza operativa gestendo le pressioni sui costi e sull'efficienza.

Motive Partners y Apollo (NYSE: APO) han anunciado el lanzamiento de Lyra Client Solutions Holdings, una escisión de la división de servicios al cliente de Apollo. La nueva empresa tiene como objetivo proporcionar soluciones integrales de atención al cliente con capacidades tecnológicas y operativas mejoradas para los canales institucionales y de gestión de patrimonio.

Ambas compañías han invertido capital para apoyar el establecimiento y la comercialización de Lyra, que ofrece servicios escalables que incluyen capacidades de pre-negociación, incorporación y post-negociación. Eileen Sivolella, ex Directora General y CFO Global de Advent International, se ha unido como Presidenta de la Junta y Directora Independiente.

El lanzamiento responde al rápido crecimiento en los mercados privados impulsado por la innovación de productos, cambios en las asignaciones de cartera y una base de inversores en expansión. La plataforma habilitada por tecnología de Lyra tiene como objetivo ayudar a los gestores de activos alternativos a mantener la excelencia operativa mientras gestionan la presión sobre costos y eficiencia.

모티브 파트너스아폴로 (NYSE: APO)리라 클라이언트 솔루션 홀딩스의 출범을 발표했습니다. 이는 아폴로의 고객 서비스 부서에서 분사된 것입니다. 새로운 사업은 기관 및 자산 관리 채널을 위한 향상된 기술 및 운영 능력을 갖춘 포괄적인 고객 서비스 솔루션을 제공하는 것을 목표로 합니다.

양사는 리라의 설립 및 상업화를 지원하기 위해 자본을 투자했습니다. 리라는 사전 거래, 온보딩 및 사후 거래 기능을 포함한 확장 가능한 서비스를 제공합니다. 일린 시볼레라는 전 아드벤트 인터내셔널의 전무 이사이자 글로벌 CFO로서 이사회 의장 및 독립 이사로 합류했습니다.

이번 출범은 제품 혁신, 포트폴리오 할당 변화 및 확장하는 투자자 기반에 의해 촉발된 사모 시장의 빠른 성장에 대응합니다. 리라의 기술 기반 플랫폼은 대체 자산 관리자가 비용 및 효율성 압박을 관리하면서 운영 우수성을 유지할 수 있도록 지원하는 것을 목표로 합니다.

Motive Partners et Apollo (NYSE: APO) ont annoncé le lancement de Lyra Client Solutions Holdings, un spin-off de la division des services clients d'Apollo. La nouvelle entreprise vise à fournir des solutions complètes de service à la clientèle avec des capacités technologiques et opérationnelles améliorées pour les canaux institutionnels et de gestion de patrimoine.

Les deux entreprises ont investi des fonds pour soutenir l'établissement et la commercialisation de Lyra, qui propose des services évolutifs incluant des capacités de pré-négociation, d'intégration et de post-négociation. Eileen Sivolella, ancienne Directrice Générale et CFO Mondiale d'Advent International, a rejoint en tant que Présidente du Conseil et Administratrice Indépendante.

Ce lancement répond à une croissance rapide sur les marchés privés, alimentée par l'innovation produit, les changements dans les allocations de portefeuille et une base d'investisseurs en expansion. La plateforme technologique de Lyra vise à aider les gestionnaires d'actifs alternatifs à maintenir l'excellence opérationnelle tout en gérant la pression sur les coûts et l'efficacité.

Motive Partners und Apollo (NYSE: APO) haben den Start von Lyra Client Solutions Holdings angekündigt, einem Spin-off aus der Kundenservicedivision von Apollo. Das neue Unternehmen zielt darauf ab, umfassende Kundenservicelösungen mit verbesserten Technologie- und Betriebsfähigkeiten für institutionelle und Vermögenskanäle bereitzustellen.

Beide Unternehmen haben Kapital investiert, um die Gründung und Vermarktung von Lyra zu unterstützen, das skalierbare Dienstleistungen anbietet, einschließlich Pre-Trade-, Onboarding- und Post-Trade-Funktionen. Eileen Sivolella, ehemalige Managing Director und Global CFO von Advent International, ist als Vorstandsvorsitzende und unabhängige Direktorin beigetreten.

Der Start reagiert auf das rasante Wachstum in den privaten Märkten, das durch Produktinnovation, sich ändernde Portfolioallokationen und eine wachsende Investorenbasis vorangetrieben wird. Die technologiegestützte Plattform von Lyra zielt darauf ab, alternativen Vermögensverwaltern zu helfen, operative Exzellenz zu bewahren, während sie Kosten- und Effizienzdruck bewältigen.

Positive
  • Strategic spin-out creates new revenue stream for Apollo
  • Partnership with Motive Partners brings additional capital investment
  • Expansion into growing private markets sector
  • Appointment of experienced industry leader as Board Chair
Negative
  • Capital investment required for new venture implementation
  • Potential operational risks during transition period

Insights

Apollo's launch of Lyra Client Solutions with Motive Partners represents a strategic move in the private markets infrastructure space rather than a major financial transaction. This spin-out from Apollo's client services division creates a specialized entity focused on technology-enabled client servicing - essentially building operational infrastructure for the growing private markets sector.

The deal's structure is particularly interesting as both Apollo and Motive have invested capital in Lyra (though specific amounts remain undisclosed), suggesting a shared commitment to scaling this service offering. For Apollo, this represents sensible business evolution - they're effectively transforming an internal service division into a potential revenue-generating business while maintaining access to its capabilities.

Eileen Sivolella's appointment as Board Chair brings considerable private equity operational expertise from her CFO roles at Advent International ($90 billion AUM) and Bain Capital. Her background suggests Lyra is positioning for enterprise-grade service capabilities targeting major asset managers.

From a strategic perspective, this move aligns with broader industry trends toward specialized service providers that enable asset managers to scale efficiently amid increasing investor demand for private market access. Apollo gains a mechanism to potentially enhance margins through operational efficiency while creating a platform that could serve multiple asset managers.

This partnership creates a specialized infrastructure play in the rapidly evolving alternatives ecosystem. By spinning out client services into Lyra, Apollo transforms what was likely a cost center into a commercial platform with broader market potential, while Motive adds financial technology expertise to enhance its capabilities.

The timing is strategic - as private markets continue expanding beyond traditional institutional investors into wealth channels, the operational complexity increases exponentially. Lyra's focus on pre-trade, onboarding, and post-trade capabilities addresses precisely the friction points hampering efficient private market scaling.

For Apollo specifically, this move effectively industrializes their client service infrastructure while potentially creating a new revenue stream. The company maintains the capability advantages while sharing development costs with Motive. This represents Apollo's continued evolution from pure alternative asset manager to a more diversified financial services platform.

Investors should note the significance of recruiting Sivolella, who brings deep operational experience from two leading private equity firms. Her background suggests Lyra is being built for institutional-grade requirements rather than as a minimum viable product.

While unlikely to impact Apollo's near-term financials meaningfully, this strategic initiative positions the firm to continue its growth trajectory in private markets without corresponding linear increases in operational overhead.

Lyra Provides End-to-End Client Services Across Institutional and Wealth Channels

Former Advent International CFO Eileen Sivolella joins as Board Chair and Independent Director

NEW YORK--(BUSINESS WIRE)-- Motive Partners (“Motive”), a specialist private equity firm focused on financial technology, and Apollo (NYSE: APO) today announced the launch of Lyra Client Solutions Holdings, LLC (“Lyra”). A spin-out from Apollo’s client services division, Lyra offers a differentiated client-servicing solution, delivering technology and operations capabilities that enhance efficiency and the client experience in both the institutional and wealth channels. Motive and Apollo have both invested capital in the new company to support the stand-up and commercialization of the business.

Private markets continue to see rapid growth fueled by product innovation, shifting portfolio allocations and a growing investor base. In meeting this demand, alternative asset managers are expected to not only deliver top-tier investment products and returns, but to also uphold superior service levels that are increasingly difficult to sustain amid cost and efficiency pressures. As a standalone client service solutions business, equipped with leading operations talent supported by next-generation technology, Lyra provides scalable, white glove services that investors demand, including pre-trade, onboarding, and post-trade capabilities.

As part of the launch of the new company, Eileen Sivolella has joined Lyra as the Board’s Chair and Independent Director. Most recently, Sivolella served as Managing Director and Global Chief Financial Officer of Advent International, a private equity firm with $90 billion in assets under management, from 2009 until her retirement in 2022. Prior to Advent, she was the Global Chief Financial Officer of Bain Capital and served on the firm’s key committees, including the valuation, operational audit, and compensation committees. Before that, she was a Partner at Deloitte and a founder of its private equity practice in New York.

Scott Kauffman, a Founding Partner and Head of the Investment Team at Motive Partners, commented, “We believe Lyra is a foundational component of private markets in both the institutional and wealth channels. As private market investments continue to grow, alternative asset managers will need to maintain operational excellence and scale using technology. Investments in companies such as Lyra help create a network that makes Motive’s portfolio companies well-positioned to deliver compelling value to asset managers, wealth managers and their clients.”

Stephanie Drescher, Partner and Chief Client & Product Development Officer at Apollo, added, “Investors continue to turn to private markets as they seek excess return per unit of risk and greater diversification than what has historically been offered by traditional portfolio construction. Amid this growing demand, Apollo is committed to ensuring the client experience keeps pace. Lyra is a testament to that commitment, providing a technology-enabled, best-in-class experience for institutional, wealth, and family office investors.”

Neil Cochrane, a Partner on the Investment Team at Motive Partners, added, “The investment in Lyra is another step towards digitizing and scaling private markets. Our goal is to make private market investments as accessible and serviceable as public securities through advancements in technology and specialist operational offerings like Lyra. Technology will empower investors to have greater access to private markets, while Lyra enables asset managers to scale efficiently and effectively. At Motive Partners, we continue to define, and invest in, the next era of wealth and asset management.”

About Motive

Motive Partners is a specialist private equity firm with offices in New York City, London and Berlin, focusing on growth equity and buyout investments in software and information services companies based in North America and Europe and serving five primary subsectors: Banking & Payments, Capital Markets, Data & Analytics, Investment Management and Insurance. Motive Partners brings differentiated expertise, connectivity and capabilities to create long-term value in financial technology companies. Motive Ventures is the early-stage investment arm of Motive Partners, focused on pre-seed through to Series A financial technology investments in North America and Europe. For more information, please visit www.motivepartners.com

About Apollo

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of December 31, 2024, Apollo had approximately $751 billion of assets under management. To learn more, please visit www.apollo.com.

For more information, please visit motivepartners.com.

APOLLO

Noah Gunn

Global Head of Investor Relations

Apollo Global Management, Inc.

+1 212 822 0540 | IR@apollo.com

Joanna Rose

Global Head of Corporate Communications

Apollo Global Management, Inc.

+1 212 822 0491 | communications@apollo.com

MOTIVE PARTNERS

Britt Zarling

Head of Marketing and Communications

+1 414 526 3107 | Britt.Zarling@motivepartners.com

Source: Motive Partners and Apollo

FAQ

What services does Lyra Client Solutions offer to Apollo (APO) investors?

Lyra offers white glove services including pre-trade, onboarding, and post-trade capabilities, supported by next-generation technology for both institutional and wealth channels.

Who is leading Lyra Client Solutions as Board Chair following Apollo's (APO) spin-out?

Eileen Sivolella, former Managing Director and Global CFO of Advent International, has joined as Board Chair and Independent Director.

Why did Apollo (APO) launch Lyra Client Solutions in 2025?

The launch addresses growing private markets demand and the need for superior client service levels while managing cost and efficiency pressures in alternative investments.

How is Lyra Client Solutions funded following its spin-out from Apollo (APO)?

Both Motive Partners and Apollo have invested capital to support the stand-up and commercialization of the business.

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