Your distribution partner for over 20 years

New York & Dublin 09 June 2026 - Alchelyst, an integrated investor solutions and infrastructure partner for private markets asset managers, today announced a new partnership with Allfunds Blockchain, the world's largest B2B fund distribution platform, to help private markets asset managers process investor transactions more efficiently, reducing errors and administrative friction.

The partnership introduces Alchelyst×Allfunds Blockchain API, an API-driven, permissioned blockchain integration that replaces manual transfer agency  order processing with straight-through processing  for subscriptions, redemptions and switches. The API handles real-time data exchange between the two firms, replacing error-prone, manual workflows with a seamless, technology-first operating model.

The partnership addresses a well-known industry challenge: fragmented and labour-intensive back-office processes that have historically made private markets harder to operate and scale than traditional asset classes. Built on Allfunds’ Blockchain infrastructure, the integration with Alchelyst’s Aurum platform provides GPs with a direct, digital route to the Allfunds distribution network, unlocking distribution opportunities that were previously difficult to access.

“Our focus is on building the infrastructure for modern private markets that enables GPs to scale,” said Alchelyst Head of Product, Will Callaghan. “Through this partnership with Allfunds Blockchain, Alchelyst clients gain distribution reach that would typically require significant investment to build independently.”

Beyond the immediate operational benefits, the initiative represents a joint commitment to support the expansion and maturation of the private markets industry. By simplifying interactions and reinforcing the infrastructure behind fund operations and distribution, Alchelyst and Allfunds are contributing to a more scalable, efficient and resilient ecosystem - better positioned to meet      increasing investor demand and support long-term growth across the asset class.

“Our collaboration with Alchelyst shows what becomes possible when distribution infrastructure and fund operations are fully connected,” said Rubén Nieto, Managing Director, Allfunds Blockchain. “By automating workflows that have historically relied on manual intervention, GPs gain a direct digital route to one of the largest distributor networks in the world, and the private markets industry gets the operational foundation it needs for its next phase of growth.”

Juan Alcaraz, founder and former long-standing CEO of Allfunds. Over more than two decades, Juan played a key role in the evolution of fund distribution worldwide, and led Allfunds as it grew to be one of the leading global wealth management platforms.

His leadership combined vision with continuous curiosity for what could come next for Allfunds and wealth management. He believed strongly in innovation, in scale with purpose, and in creating long‑term value for clients, partners, and teams alike.

Juan was deeply committed to people. He championed talent, encouraged mentorship, and believed opportunity should be shared. That belief extended beyond business: corporate philanthropy at Allfunds was driven by his personal conviction that success carries responsibility.

Our thoughts are with Juan’s family, friends, and the many colleagues and industry peers who had the privilege of working with him.

Allfunds announces with profound sadness the passing of Juan Alcaraz, founder of Allfunds and its Chief Executive Officer for over two decades. 

Juan founded Allfunds more than twenty‑five years ago and led the company through its transformation into the world’s leading fund distribution platform. Driven by a clear vision, deep commitment, and enduring excitement for what lay ahead, his inspirational leadership was instrumental in making Allfunds a global champion in the wealth management industry.

Generous by nature, Juan gave his time freely, mentoring others and creating opportunities for people to grow and succeed. His passion and generosity extended beyond the business: the culture of philanthropy at Allfunds began with him. He supported the company’s charitable efforts wholeheartedly and worked to grow them year after year, an area that genuinely excited him and one of which he was deeply proud.

The Board, leadership and colleagues of Allfunds share their deepest condolences with Juan's family and with all of us who knew and loved him.

London/Madrid/Amsterdam - Allfunds Group plc (“Allfunds” or the “Company”) (AMS: ALLFG) one of the world’s leading B2B WealthTech platforms for the fund industry today releases a trading update for the first-quarter period ended 31 March 2026.

Read the full annoucement here.