Deputy Chief Investment Officer , Margaret A. Cargill Philanthropies
Michael Ruetz joined Margaret A. Cargill Philanthropies (MACP) in December 2012 as director of risk management and asset allocation for the grantmaking entities under the MACP umbrella. In 2017, Mike was promoted to deputy chief investment officer. In addition to his expanded role working with the chief investment officer, Ruetz continues to manage the risk management and asset allocation team.
Ruetz was previously director of risk management and asset allocation for the North Carolina Retirement System (NCRS), a $90 billion multi-asset portfolio, where he managed all aspects of investment risk and asset allocation. Prior to NCRS, he was a managing director at the Maryland State Retirement and Pension System (MSRPS), where he was responsible for the fund’s fixed income, absolute-return and real-return allocations, as well as all aspects of investment risk management. Before joining MSRPS, Ruetz worked for several years at Goldenberg, Hehmeyer & Company and Henning & Carey Trading Company as a proprietary fixed-income trader.
Ruetz is pursuing his master’s degree in applied economics from the University of Minnesota. He earned an MBA in finance from Loyola University Chicago and a bachelor’s degree in economics from Colorado State University. He holds the Chartered Financial Analyst designation and is a member of the Board of Directors for CornerHouse.