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