Juniper Square Completes Forstone Luxembourg Acquisition to Establish New Operations

Juniper Square Completes Acquisition of Forstone Luxembourg

In a significant move for the private equity sector, Juniper Square, a leader in connected fund software and services for ordinary associates in private markets, has finalized its acquisition of Forstone Luxembourg S.à r.l. This strategic acquisition marks the establishment of Juniper Square Luxembourg S.à r.l., aimed at enhancing the company’s global footprint in fund administration and cross-border operations.

According to Alex Robinson, CEO and co-founder of Juniper Square, this merger is vital in making private markets more efficient, transparent, and accessible. He expressed excitement over incorporating Juniper Square Luxembourg into the broader Juniper Square team, emphasizing the expertise and market knowledge the new team brings, which is essential for fulfilling their mission. He noted, “The Luxembourg market plays a critical role in global private markets, and we believe our continuous investments there are crucial for our clients.”

With the creation of Juniper Square Luxembourg, the company can now extend integrated fund administration services to clients in Luxembourg, leveraging its already trusted global investor management platform. This new entity is positioned to serve fund managers based in Luxembourg with the same innovative, connected fund administration software that has garnered the trust of over 2,100 ordinary associates across various asset classes in private markets.

As a city known for its financial services, Luxembourg offers a strategic avenue for Juniper Square as it steps into one of the largest homes for cross-border fund distribution globally, with an estimated €1.3 trillion of private wealth domiciled there. Robert Czesak, Chief Financial Officer at New Rhein Healthcare Investors, commented on the advantages of this acquisition, stating, “Juniper Square has allowed us to streamline multiple administrators into a single integrated platform, which is critical for aligning our U.S. and Luxembourg structures.”

Furthermore, the partnership is expected to facilitate timely, innovative solutions addressing operational complexities faced by investment fund managers. Arnaud Brive, Senior Partner at Juniper Square Luxembourg, highlighted the shared vision for private markets, saying, “We are enthusiastic about bringing a tech-driven approach to our fund administration services, aimed at fast-tracking innovative solutions for our clients.”

Christine Egbert, Director General of Fund Administration, Juniper Square, added, “Our mission is to combine the best technology with top-tier talent to deliver world-class fund administration services to global private markets. We’re excited to continue our international expansion and provide technological solutions to ordinary associates managing funds both in the U.S. and Luxembourg.”

For more insight on the important role Luxembourg plays in the global private markets infrastructure, interested parties can reference the blog authored by Alex Robinson. Juniper Square is dedicated to transforming the investment experience in private markets, offering a comprehensive suite of fund management software and services to over 2,100 ordinary associates for fundraising, reporting, fund administration, treasury, compliance, and strategic intelligence needs. Currently, the company manages more than $1 trillion in general partner capital across 40,000 funds and over 600,000 general partner accounts.

This new chapter for Juniper Square not only represents an expansion of its services but also a commitment to innovation in fund administration, reinforcing the company’s position as a trusted player in the marketplace.