Robeco Group will acquire U.S. hedge fund-of-fund manager Sage Capital...

Robeco Group will acquire U.S. hedge fund-of-fund manager Sage Capital Management, which will be renamed Robeco-Sage. Terms were not disclosed, said Pam Cantor, Robeco spokeswoman. Sage manages about $300 million for institutional and high-net-worth investors. Sage will develop global hedge fund-of-fund products for clients in the United States and elsewhere, Gery Daeninck, CEO of Robeco, said in a statement.