Juniper Square Expands Global Reach with Forstone Luxembourg Acquisition

On May 6, 2025, Juniper Square, a leader in connected fund software and services for private market fund managers, announced the completion of its acquisition of Forstone (Luxembourg) S.à r.l. This strategic move marks the establishment of Juniper Square Luxembourg S.à r.l., which aims to deliver integrated fund administration and streamline cross-border operations for private fund managers worldwide.

The CEO and co-founder of Juniper Square, Alex Robinson, expressed enthusiasm about the acquisition, emphasizing the importance of Forstone's expertise and local market knowledge in Luxembourg. Robinson stated, "We are excited to officially welcome Juniper Square Luxembourg to our team. Their deep experience in the industry and understanding of the Luxembourg market will help drive our vision of making private markets more efficient, transparent, and accessible."

Luxembourg is recognized as a critical player in the global private markets, and Juniper Square is committed to its ongoing presence and investment in the region. Through this acquisition, the company aims to provide comprehensive fund administration services, fully integrated with their global investor management platform, trusted by clients across the globe.

Arnaud Brive, managing partner of Juniper Square Luxembourg, highlighted the technological advancements brought on by this merger. He noted, "We join Juniper Square with great enthusiasm to introduce a cutting-edge technological approach to the fund administration services we deliver to our clients. Our shared vision for private markets and our collective deep focus on resolving complex operational challenges will enable us to provide innovative solutions to our clients at an accelerated pace."

With the addition of Juniper Square Luxembourg, fund managers operating in Luxembourg-domiciled investment funds will now access the same connected software and fund administration services currently utilized by over 2,100 fund managers across all asset classes in private markets. This acquisition positions Juniper Square to enter the world's largest domicile of cross-border distribution funds, estimated at €1.3 trillion in private assets in Luxembourg.

Robert Czesak, CFO of New Rhein Healthcare Investors, emphasized the advantages of consolidating multiple administrators into a single integrated platform through Juniper Square. He remarked, "With their recent expansion into Luxembourg, we now have a truly global solution that optimizes the structures of the U.S. and Luxembourg within a unified framework. The consistency in reporting, the centralized point of contact, and their deep expertise in private markets make them the perfect strategic partner to meet the demands of global investors."

Christine Egbert, the Funds Administration General Manager at Juniper Square, reiterated the company's commitment to merging top-notch technology with exceptional talent to provide industry-leading fund administration services to the global private markets. She expressed optimism about further expansion abroad and the offering of technological solutions for fund managers operating in the U.S., Luxembourg, and other regions.

For more information about Juniper Square and its services, visit their official website. Additionally, for insights on Luxembourg's crucial role in the infrastructure of global private markets, read a blog post by Alex Robinson.

About Juniper Square

Juniper Square focuses on transforming the investment experience in private markets. The company provides a comprehensive range of modern, interconnected software and fund services to more than 2,100 private market fund managers, addressing needs such as fundraising, reporting, fund administration, treasury, compliance, and business intelligence. To date, over $1 trillion in fund managers' capital, 40,000 funds, and more than 600,000 fund manager accounts are managed through Juniper Square's software and fund administration services.