Alchemy Capital

Alchemy Capital

Alchemy Capital was founded in Tulsa, Oklahoma, in 1999 by John D. Schiller Jr., an investor with a background in energy and distressed asset cycles. Christopher B. Schiller, his son, assumed the role of Chief Executive Officer to run day-to-day operations while the elder Schiller retains oversight of the firm's strategic direction. The family-controlled structure places investment authority with a small, multi-generational leadership team that operates without institutional limited partners. The firm's deployment engine runs on three tracks: private credit, real estate, and venture capital. On the credit side, Alchemy originates loans to middle-market borrowers across the central United States, typically secured against hard assets or operating cash flows. The real estate book includes both stabilized income properties and ground-up development projects concentrated in the Sun Belt. In venture, the firm takes minority equity stakes in early-stage companies, with a disclosed preference for energy-tech and industrial-technology businesses that intersect with Oklahoma's energy corridor. Past portfolio positions have included investments in oilfield-services technology and agricultural-lending platforms. Team size and aggregate deployment figures are not publicly reported. Alchemy operates from a single office in Tulsa, with deal flow sourced through long-standing relationships with regional operators, community banks, and bankruptcy trustees rather than Wall Street intermediaries. There is no disclosed philanthropic foundation or adjacent club-vehicle structure, though the Schiller family is known locally for supporting civic and educational institutions in the Tulsa area. In recent years, the firm has increased its direct-lending activity as regional banks pulled back from commercial loan origination (per public record, 2024). The structural differentiator is its independence from outside LP capital. Alchemy deploys its own balance sheet, which means it can move faster than fund-based competitors on time-sensitive credit and real estate transactions. It faces no redemption pressures, no capital-call deadlines, and no mandate drift from a diversified LP base — a posture that lets a Tulsa-based shop compete against larger institutional investors for off-market deals in the lower middle market.