Hedge Funds

Robeco-Sage storms foreign shores

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In our Q&A with Jill Schurtz, the former army captain and recently-appointed chief executive of the $1.3 billion fund of funds, talks about her plans to target Asia and other emerging markets.

 
 Jill Schurtz
Four senior executives from Goldman Sachs founded fund of funds firm Sage Capital Management in 1994 with $20 million. In 2002, the firm was acquired by the Dutch asset management conglomerate Robeco Group. The firm now manages 65 times its original capital, with the renamed Robeco-Sage managing $1.3 billion as of July 31, making it an important part of the overall business at Robeco Group, which manages $194 billion.

Robeco-Sage Capital, the firm’s flagship global multistrategy fund of funds, was launched in January 1994 and has produced a net annualized return