Intermountain hires State Street

State Street Corp., the Boston company that provides financial services to institutional investors, announced that it has been appointed to provide fund administration services for Intermountain Equity Group's newly launched private equity fund.

"State Street will support IEG's new $400 million private equity real estate fund with a full range of administration services, including custody, accounting, financial reporting, and tax services," State Street said in a press release. "Based in Sun Valley, Idaho, Intermountain Equity Group was established in April 2009 by VP Companies Inc. and Capital Partners LLC." (Globe Staff)