Boston investment banking giant State Street Corp. has been appointed by Norway’s Norges Bank to provide fund administration services for the real estate portion of the Norwegian Government’s Pension Fund.
State Street will provide administration, accounting and director services for the fund’s $20 billion global real estate investments and will also provide reporting and joint venture structuring services.
"We are delighted to have been appointed as Norges Bank’s real estate service provider," said George Sullivan, executive vice president of State Street’s alternative investment solutions group. "This sovereign fund is a significant client for us, and we are very much looking forward to taking on this new assignment and working with the team at Norges Bank to provide them with services for the real estate allocation of their growing fund."





