ZEPARU undertook this study as a follow up to its 2012 Mining Sector Policy Study which recommended the establishment of Sovereign Wealth Funds (SWFs). In this regard, the current research paper reviewed country experiences in establishing and managing SWFs to identify best and replicable practices that could inform initiatives to establish a SWF in Zimbabwe. The Government of Zimbabwe made a policy decision to establish a SWF in spite of the prevailing economic challenges. In particular, the countrys economic plan, the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (ZIMASSET , p.48) notes that The creation of a Sovereign Wealth Fund will be given priority under this Plan to backstop and provide predictability and sustainability to Government innovation. Thus, the findings of this research paper provide useful insights that will enhance the implementation of the policy decision to establish a SWF. Furthermore, this study provides insights on other country experiences in managing SWF to the new Board and management of the SWF in Zimbabwe.