Margaret A. Cargill Philanthropies [MACP] announced that Michael Ruetz has been promoted to Deputy Chief Investment Officer. In addition to his expanded role working with the Chief Investment Officer, Mike will continue to manage the Risk Management and Asset Allocation team.
Mike joined the Philanthropies in 2012 as Investment Director, Risk Management and Asset Allocation. During his time at MACP, Mike led the development of a proprietary risk and performance analytics system, as well as a novel approach to risk premia investments.
Shawn Wischmeier, MACP’s Chief Investment Officer, remarked, “Mike’s drive and creativity has added significant value to the investment portfolios during his tenure. His ongoing leadership in this new role will ensure the continued success of our team.”
Mike previously was Director of Risk Management and Asset Allocation for the North Carolina Retirement System. Mike also was Managing Director at the Maryland State Retirement and Pension System. He earned his bachelor’s degree in economics from Colorado State University, his MBA in finance from Loyola University Chicago, and is currently pursuing his master’s degree in applied economics from the University of Minnesota. He holds the Chartered Financial Analyst designation.
