Briggs & Stratton Corp., Milwaukee, committed $10 million to Oaktree...

Briggs & Stratton Corp., Milwaukee, committed $10 million to Oaktree Capital Opportunities Fund, a distressed debt fund, said Michael Juneau, director of investments. The $800 million pension plan will fund the commitment by reducing the portfolio of a domestic fixed-income manager, which Mr. Juneau declined to name. The move was made to boost total portfolio returns but was not due to problems with the existing manager's performance, he said.