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.