From Apollo's Backoffice to Market Leader: How Lyra Client Solutions is Reshaping Institutional Finance

A Strategic Spin-Out Marks the Future of Fintech Infrastructure

Motive Partners and Apollo have officially unveiled Lyra Client Solutions Holdings, LLC—a carefully carved-out business unit that’s drawing serious capital from both firms. The move signals how aggressively investors are betting on operational infrastructure in private markets, a space where technology and logistics have historically been afterthoughts.

The Talent Behind the Play: Eileen Sivolella’s Strategic Board Role

Eileen Sivolella, former Global Chief Financial Officer at Advent International (which manages $90 billion in assets), has joined Lyra as Board Chair and Independent Director. Her track record speaks volumes: she previously served as Global CFO at Bain Capital and was a Partner at Deloitte, where she pioneered the firm’s private equity practice in New York. This isn’t a ceremonial appointment—Sivolella brings 15+ years of large-scale PE operations expertise to a business built on scaling and efficiency.

Why This Matters: The Private Markets Service Gap

The backdrop is critical. Private market investments continue accelerating, but asset managers and wealth advisors face mounting pressure to deliver institutional-grade client experiences without ballooning costs. Lyra tackles this by offering white-glove pre-trade, onboarding, and post-trade capabilities—bundled with next-generation technology and seasoned operations talent.

Scott Kauffman, Founding Partner and Head of Investment at Motive Partners, frames it bluntly: as private market investments grow, alternative asset managers must maintain operational excellence through technology. Lyra represents exactly that kind of infrastructure play that lets PE portfolio companies scale without reinventing the wheel.

The Broader Vision: Democratizing Private Markets Through Tech

Apollo currently manages $751 billion in assets and has spent decades balancing investment returns with client experience. Stephanie Drescher, Partner and Chief Client & Product Development Officer at Apollo, emphasizes the firm’s commitment to ensuring the institutional investor experience keeps pace with growing demand for private assets.

Neil Cochrane, also a Partner on Motive’s Investment Team, articulates the larger vision: the goal is making private market investments “as accessible and serviceable as public securities” through technology and specialist operations like Lyra. Translation: fintech infrastructure firms that can systemize and scale private market servicing could become as foundational to this asset class as clearing houses are to equities.

What Lyra Actually Does

Lyra isn’t trying to be everything. It’s narrowly focused on three core capabilities: pre-trade analysis, client onboarding automation, and post-trade reconciliation and reporting. By carving this out as a standalone business, Motive and Apollo are betting that specialized service providers will win over full-stack platforms that try to do too much.

The Play for Gate Community

For crypto and blockchain enthusiasts watching traditional finance evolve, Lyra’s playbook is worth noting. The fintech sector increasingly separates concerns—compliance, operations, technology, and product—into specialized layers. As alternative assets (whether traditional PE or on-chain opportunities) grow, demand for scalable middle and back-office infrastructure will only intensify.