Juniper Square sets the standard for the LP experience. Privatis delivers the LP portal and fundraising too, and runs the deals, the portfolio, the valuations and the books that the portal reports on.
Juniper Square doesn't cover 9 areas natively in its software: deal CRM & pipeline; fund general ledger the GP runs; waterfall, carry & management fees; valuation modeling that produces the mark; portfolio monitoring & KPI collection; regulatory filings (ADV, PF, FATCA, CRS); partnership tax (1065, K-1, K-2/K-3); issuer cap table & equity plans; private credit & covenant monitoring. In Privatis, all 13 post to and read from the same ledger.
| Capability | Privatis | Juniper Square |
|---|---|---|
| Deal CRM & pipeline | ||
| LP fundraising CRM & onboarding | ||
| Fund general ledger the GP runs | S | |
| Waterfall, carry & management fees | S | |
| Valuation modeling that produces the mark | ||
| Portfolio monitoring & KPI collection | ||
| LP portal & ILPA reporting | ||
| Regulatory filings (ADV, PF, FATCA, CRS) | ||
| Partnership tax (1065, K-1, K-2/K-3) | S | |
| Deal VDR & LP data rooms | ||
| Issuer cap table & equity plans | ||
| Private credit & covenant monitoring | ||
| AI assistant |
Built for: GPs — especially in real estate — that prioritize fundraising, investor relations and a polished LP portal.
2025: $130M Series D. 2026: an AI CRM, plus a headless fund OS exposed to AI tools over MCP.
Its LP portal and fundraising experience set the standard. Data rooms and an AI assistant are built in.
No deal-sourcing CRM, valuation modeling or portfolio monitoring. Fund accounting comes as a hybrid service, with Juniper's staff working in your instance.
You're a real-estate-led GP whose priority is the investor experience, and you're happy for a vendor team to run fund admin.
Every Privatis module posts to and reads from one general ledger. That's what makes these possible without an integration in between.
The LP CRM, the subscription documents and the general ledger are the same record, so nothing is re-keyed between fundraising and the books.
DCF, comps, LBO and option-pricing backsolves reconcile to one fair value. Approving it posts the journal entry that moves NAV, the Level 3 rollforward and every LP capital account.
European, American and hybrid waterfalls, with catch-up and quarterly accrual, read the same capital and the same LPA terms the fee engine uses.
The 1065, K-1s and K-2/K-3s come from the same 704(b) capital as the GAAP statements and LP capital accounts. There's no hand-off to a separate tax file.
Form ADV, Form PF, FATCA, CRS and FBAR are produced as filing-ready exports from live holdings and capital, not re-keyed into a consultant's template.
The target you diligenced becomes the portfolio company on the same record: data room, cap structure, KPIs, covenants and valuation history together.
AlphaBot works across deals, funds, credit and LP data, inside your information walls. Every change it suggests is a proposal that a person approves.
Based on Juniper Square's public product pages, press releases and trade coverage as of October 2026. A capability counts as native when it's sold as software the GP's own team runs. Spotted something out of date? Tell us and we'll correct it. Privatis produces regulatory and tax outputs as filing-ready exports for your filer of record.
Juniper Square and all other product names are trademarks of their respective owners, used here for identification and comparison only. Privatis is not affiliated with or endorsed by them.
Bring one fund. We'll take a deal from the pipeline to the K-1 in a single workspace, with every number tracing back to the same journal entry.