SCHEDULE 13D
DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT
7/21/2010
1. NAME OF REPORTING PERSON
Bulldog Investors, Brooklyn Capital Management,
Phillip Goldstein and Andrew Dakos
2. CHECK THE BOX IF MEMBER OF A GROUP a[X]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
___________________________________________________________
7. SOLE VOTING POWER
614,394
8. SHARED VOTING POWER
267,343
9. SOLE DISPOSITIVE POWER
881,737
_______________________________________________________
10. SHARED DISPOSITIVE POWER
0
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
881,737
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
___________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
9.30%
14. TYPE OF REPORTING PERSON
IA
_______________________________________________________
Item 1. SECURITY AND ISSUER
This Schedule 13D relates to the shares of Common Stock
of Riversource Lasalle International Real Estate Fund, Inc.
("SLS" or the "Issuer").
The principal executive offices of SLS are located at
50606 AMERIPRISE FINANCIAL CENTER
H27/5228
MINNEAPOLIS MN 55474
Item 2. IDENTITY AND BACKGROUND
This statement is filed on behalf of Bulldog Investors,
Brooklyn Capital Mangement, Phillip Goldstein,
60 Heritage Drive Pleasantville, NY 10570 a principal of Bulldog Investors
and Andrew Dakos, Park 80 West,Saddle Brook, NJ 07663, also a principal
of Bulldog Investors. Mr.Goldstein and Mr. Dakos are self-employed
investment advisors.
On January 31, 2007 the Acting Director of the Securities Division of the
Massachusetts Secretary of State filed a complaint against Bulldog Investors,
Messrs. Goldstein and Dakos and certain related parties (the Bulldog Parties)
alleging that they violated Massachusetts law by making truthful information
about certain unregistered investments available on a website and by sending
truthful material about such investments to an individual who requested it
for non-investment purposes. On March 23, 2007, the Bulldog Parties filed a
lawsuit in the Massachusetts Superior Court pursuant to 42 U.S.C. 1983
against the Secretary alleging, among other things, that his enforcement
action violated their First Amendment rights. On October 17, 2007 the
Secretary issued a cease and desist order based on the same allegations
and ordered that a fine of $25,000 be imposed on the Bulldog Parties.
On November 15, 2007 the Bulldog Parties filed an appeal in the
Massachusetts Superior Court of the Secretary's October 17, 2007 order in
which they argued, among other things, that the First Amendment prohibits
the Secretary from punishing them for providing truthful information about
investments. On February 12, 2009 the Massachusetts Superior Court ruled
against the Bulldog Parties. The Bulldog Parties further appealed the
February 12, 2009 ruling of the Massachusetts Superior Court to the
Massachusetts Appeals Court and on October 21, 2009 the Massachusetts
Supreme Judicial Court, the state's highest court, unilaterally
transferred the case to itself. On July 2, 2010 the Massachusetts Supreme
Judicial Court issued a decision in which it upheld the Secretary's order
except for the Bulldog Parties' First Amendment claim which it ruled must
be decided in their 1983 lawsuit which Massachusetts Superior Court
decided in the Secretary's favor on September 26, 2009. An appeal of
the September 26, 2009 decision in the 1983 lawsuit is pending in the
Massachusetts Appeals Court.
ITEM 3. SOURCE AND AMOUNT OF FUNDS AND OTHER CONSIDERATIONS
Shares of the Issuer have been accumulated on behalf of managed
accounts.
ITEM 4. PURPOSE OF TRANSACTION
An affiliate of the filing persons may communicate with management regarding
measures to improve the Fund's performance and enhance shareholder value.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
As per the DEF14A filed on February 12 , 2010 there were 9,485,8362 shares
of common stock outstanding as of February 12 , 2010 The percentage set forth
in item 5 was derived using such number. Bulldog Investors, Brooklyn Capital
Management, Phillip Goldstein and Andrew Dakos beneficially own an aggregate
of 881,737 shares of SLS or 9.30% of the outstanding shares.Power to dispose
of and vote securities resides either with Mr. Goldstein, Mr. Dakos or with
clients.
c) During the past 60 days the following shares of SLS were purchased:
Date: Shares: Price:
06/16/10 3,800 7.2500
06/17/10 3,400 7.2474
06/18/10 950 7.2500
06/21/10 12,624 7.2842
07/08/10 17,100 7.2500
07/09/10 3,700 7.3000
07/16/10 46,000 7.3697
07/21/10 28,300 7.4306
d) Beneficiaries of managed accounts are entitled to receive any
dividends or sales proceeds.
e) NA
ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None.
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this
statement is true, complete and correct.
Dated: 07/23/2010
By: /s/ Phillip Goldstein
Name: Phillip Goldstein
By: /S/ Andrew Dakos
Name: Andrew Dakos