Funds of Hedge Funds People Moves

Coast's Welch brings industry expertise to Robeco-Sage

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Robeco-Sage, a $1.4 billion New York-based fund of funds, has hired Michael Welch as director of business development. In a newly created position that reports to William Stout, director of investor relations and business development, he will be based on the West Coast in the firm's Greenbrae, California office.

Welch will focus on institutional and consultant relationships as well as wealth management firms and private banks. He has joined from Coast Asset Management, where he was a managing director and director of marketing, responsible for managing the firm's relationships with financial intermediaries and institutional clients. His previous positions