Here now, the news:
- Iran’s SWF - the National Development Fund - will reach $50 billion this year. That’s quite remarkable given the fund is barely a year old!
- The IMF seems to like SOFAZ’s management style.
- The Russia Direct Investment Fund is looking to close deals with U.S. PE shops this year.
- CIC signed a cooperation agreement with Belgium to launch co-investment vehicle targeting European companies.
- Temasek is selling down Chinese banks.
