Boston-based financial services firm State Street Corp. 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 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," said 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."

State Street’s private equity services are part of its Alternative Investment Solutions team, which includes more than 2,400 employees located in Boston, London, New York City, Tokyo, Toronto, Sydney and Fair Lawn, N.J.

In January, State Street announced its assets under administration serviced by its private equity fund team grew by 60 percent in 2008. State Street now provides fund administration services to more than 400 primary funds and more than $138 billion in assets.

"We are pleased to forge this new partnership with C Change," said 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."