peHUB First Read

Some links to kick off your Friday:

* Questions and answers with “Two and Twenty” author Vic Fleischer.

* BusinessWeek lends credence to the oft-heard “VC is in trouble theme” — which peHUB has previously covered in depth. Great to see Sarah Lacy back… guess the Web 2.0 book is finished.

* Allstate opens first investment office outside the U.S., in order to put more money to work in European private equity and the emerging markets, according to Bloomberg.

* Nick Martin of Fidelity Equity Partners tells the FT: “In some ways it would suit us if things were a lot worse.” FT bets the folks at Fidelity’s mutual funds don’t agree…