State Street Corporation, the provider of financial services to institutional investors, has been appointed to provide fund administration services for C Change Investments.
C Change Investments focuses on projects and companies for the scale-up or commercialization of the most transformative and promising clean energy, green building and renewable resource technologies or services.
“We are encouraged by State Street’s commitment to alternative investments as well as its ability to help us navigate the private equity landscape,” says Russell Read, chief executive officer of C Change Investments. “As we continue to build out our alternative platform helping to meaningfully and beneficially transform the way the world produces, distributes and consumes its natural resources, we will also need the help of a sophisticated administrator who can provide solutions for all of our alternative products.”
“We are pleased to forge this new partnership with C Change,” says Jack Klinck, executive vice president and global head of State Street’s Alternative Investments Solutions team. “Private equity servicing is a significant part of our alternative servicing business experiencing dynamic growth. With the increased complexity in fund strategies we are well prepared to provide a full range of administration support.”
D.C.