Deputy Chief Investment Officer and Investment Director, Risk Management and Asset Allocation, 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 Ruetz 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 previously was 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 earned his bachelor’s degree in economics from Colorado State University, his MBA in finance with high honors from Loyola University Chicago, and his master’s degree in applied economics from the University of Minnesota. He holds the Chartered Financial Analyst designation. Ruetz is an Investment Committee member of GHR Foundation, National Governing Board member of Jeremiah Program, and Board member of the Minnesota Chiefs of Police Foundation.