Juniper Square, a leading fund operations partner serving over 2,000 private markets general partners (GPs), announced its acquisition of Tenor Digital, an AI-enabled platform designed for private credit lenders and loan administrators. The acquisition marks a significant step in Juniper Square’s expansion into the rapidly growing private credit market.
Tenor Digital’s technology specializes in optimizing post-close loan operations, an increasingly critical component in the private credit lifecycle. By integrating Tenor’s suite of solutions into Juniper Square’s connected software, data, and fund administration platform, the company aims to deliver a more seamless and automated operational experience for GPs managing private credit and private equity strategies.
The acquisition will bring Tenor’s AI-driven capabilities—spanning loan servicing, investor communications, financial tracking, reporting, and reconciliation—under the Juniper Square umbrella. The move also aligns with Juniper Square’s broader strategy to deliver unified infrastructure across every asset class.
According to Juniper Square, Tenor’s technology will complement the company’s existing services and build upon the recent launch of JunieAI, the first “agentic AI” platform purpose-built for the private markets.
The addition of Tenor’s tools will strengthen Juniper Square’s position as a leading technology and operations partner in the private credit ecosystem, extending its reach beyond traditional fund administration to include loan operations and automation.
The Tenor team, including Co-Founder and CEO Tony Chung, will join Juniper Square’s growing team of private markets professionals. Chung will serve as Managing Director for Private Equity and Private Credit, helping to drive innovation and the development of next-generation AI products for the sector.
Juniper Square said the acquisition underscores its commitment to modernizing the infrastructure of the private markets by integrating automation, AI, and scalable data solutions. With Tenor Digital’s addition, Juniper Square is poised to enhance its role in supporting firms as they scale operations and improve efficiency across their private credit portfolios.
Founded to connect fund managers and investors through a single technology-driven platform, Juniper Square now supports more than 40,000 funds, 650,000 limited partner (LP) accounts, and over $1 trillion in LP capital worldwide. The company continues to invest heavily in automation, data integration, and AI to streamline operations, enhance transparency, and elevate the investor experience across all facets of the private markets.
KEY QUOTES:
“Private credit is one of the fastest-growing segments of the private markets, and this acquisition accelerates our ability to deliver a unified platform that meets the distinct needs of GPs across every asset class. The Tenor team shares our passion for AI and commitment to exceptional service. We’re excited to welcome them to Juniper Square as we continue modernizing the infrastructure of the private markets.”
Christine Egbert, General Manager of Fund Administration at Juniper Square
“We created Tenor to bring modern infrastructure and efficiency to private credit, helping the industry operate with greater transparency and scalability. Juniper Square is delivering on this vision for the broader private markets and together, we’ll build next-generation innovations to power the most comprehensive private credit platform in the industry.”
Tony Chung, Co-Founder and CEO of Tenor Digital
