Dear subscribers,

An approximately $23 billion fund in the Southern U.S. has approved a plan to invest in as many as eight private equity funds in its 2013 fiscal year...In the Midwest, meanwhile, a public investment council discussed at its Aug. 23 meeting options to reinvest roughly $50 million it expects to get back from two closed-end distressed mortgage funds...A city retirement system in the Pacific Northwest has selected three finalists to manage an emerging-markets equities mandate...In the corporate fund sector, Wauwatosa, Wis.-based Briggs & Stratton expects to contribute $45 million to its defined benefit pension plan in its fiscal 2013, which began on July 1...And last, regarding asset managers, Cincinnati, Ohio-based Touchstone Investments will close its Small Cap Core Fund to new investors on Sept. 21.
And don't forget your Alternatives Digest.

Sincerely,
Mark Fortune
Managing Editor

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