San Francisco City & County Employees' Retirement System trustees...

San Francisco City & County Employees' Retirement System trustees committed an initial $100 million to Paradigm Asset Management pending contract negotiations, said Carl Wilberg, portfolio manager of equities. Paradigm will run a large-cap value-enhanced portfolio for the $7.5 billion fund. Funding will come from an internally run U.S. index fund. The portfolio could grow as large as $300 million over the next few years.