The world’s largest and most sophisticated asset management firms regularly turn to Paul, Weiss’s Asset Management M&A Group for their most complex and pivotal transactions. Drawing on our premier M&A and investment funds teams, we seamlessly execute transformational mergers, acquisitions, GP stakes transactions, minority investments and strategic partnerships.
Apollo and Motive Form Private Markets Client Services Company
- Client News
- March 6, 2025
Paul, Weiss advised Apollo Global Management in the spinoff of Lyra Client Solutions Holdings from its client services division to form a private markets-focused client services company with Motive Partners, a specialist private equity firm focused on financial technology. 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.
Under the terms of the agreement, Apollo and Motive have both invested capital in the new company to support the stand-up and commercialization of the business. Apollo is also a minority owner of Motive.
The Paul, Weiss team is led by corporate partner Matthew Goldstein, and includes counsel Lisa Koff and David Levine; tax partner Brian Grieve; and counsel Audrey Paquet.