Our Alchemists

Lucy Armstrong

lucy armstrong

Chief Executive

Lucy is chief executive of The Alchemists, which works with high growth mid-corporate businesses to accelerate their development and success by focussing on shareholder and management and succession.  Her experience ranges from funding start up and early stage manufacturing businesses in the North East through to mergers and disposals of international operations.

Lucy joined The Alchemists in 2003 after an early career in private equity, corporate development and headhunting with 3i plc, Courtaulds Textiles and Tyzack.  She was chair of Capital for Enterprise to November 2013, responsible for over £4bn of government backed debt and equity support to private and family UK businesses.  She is also chair of an angel investment network, as well as being non-executive director of a national qualification buisness.  She was chair of the CBI’s national Small Business Forum from 2010-2013 and deputy chair of Northumbria University until 2012.