Senior Investment Analyst, Equity Strategies

About Margaret A. Cargill Philanthropies

Margaret A. Cargill Philanthropies (MACP) is the umbrella over the grantmaking foundations created by the late Margaret Cargill: Margaret A. Cargill Foundation and Anne Ray Foundation. MACP provides meaningful support through long-term relationships with strategic grantee partners across seven program domains: Environment, Disaster Relief & Recovery, Arts & Cultures, Teachers, Animal Welfare, Quality of Life, and Legacy & Opportunity. The collective assets of MACP place it among the 10 largest philanthropies in the United States.

The two foundations have separate boards and investment portfolios but share a common mission of providing meaningful assistance and support to society, the arts, and the environment.

Margaret A. Cargill Foundation is a private foundation that came into existence upon Ms. Cargill’s death in August 2006. At year-end 2022, MACF’s assets are approximately $3.3 billion.

Anne Ray Foundation is a supporting organization, which may make grants only to beneficiary organizations specifically named by Ms. Cargill. Year-end 2022, ARF’s assets are approximately $4.7 billion.

MACP’s Philosophy of Grantmaking underscores the values and guiding principles of Margaret A. Cargill by: using education and innovation as a means to achieve core purposes; empowering people to be self-sufficient; maintaining a low profile while meeting the needs of others; supporting programs that could have a broad impact, having socially redeeming values and standards, and that value life; and relieving suffering in times of disaster. As a core element of its philosophy, MACP invests in long-term relationships with key grantee organizations in order to find solutions that are consistent with the values of both parties.

• To live more fully into our philosophy of grantmaking, we adopted a DEIJ vision statement to guide our work; view it online here. The motivation and guidance for this diversity, equity, inclusion, and justice work is drawn from our mission and vision, our direction from Margaret Cargill, and the caring and compassionate culture we strive for through work with grantees, partners, and each other. Embracing this vision will have a transformational influence on our organization, our partnerships, the work we do, and the impact we ultimately seek.

• MACP’s DEIJ Vision and the commitments embodied within are a living document, a guidepost, and they will evolve as we learn and grow. This statement is intended as a framework to guide our shared efforts as we develop the action steps and accountability measures necessary for the next phase of our work.

About Our Workplace

Our community of more than 115 employees brings expertise from a variety of professional and personal experiences. We are inspired by a common mission, shared values, and the difference we can make by working together.

In January 2023, we adopted our Employee Value Proposition (EVP) that shares our commitments to our team member’s careers. We are committed to ensuring a diverse workforce where all team members feel like they belong, and we put equity at the center of our approach to individual development. We make a robust investment in each team member’s professional development to ensure they can contribute meaningfully to MACP’s mission, grow in their roles, and achieve their career goals both within and outside of MACP. We also value staff retention, and the stability and consistency of a dedicated team. You can read our full EVP here.

We are also proud to offer a welcoming workplace that supports our employees’ health and overall wellbeing. We supplement that environment with activities throughout the year that promote collaboration, learning, and fun. Reflecting our investment in staff wellbeing, we have deepened our commitment to flexible work schedules and have implemented an innovative new approach to work arrangements in 2022. All MACP staff have a reduced workweek, with half-day Fridays, year-round, with the option of working remotely up to two days per week.

MACP’s home in Eden Prairie, Minnesota is a foundational aspect of our identity, reflecting an organizational commitment to sustainability, balance, and collaboration. In spring 2016, MACP completed a major building expansion, and our LEED Platinum certified building features include sustainable materials, outdoor meeting areas, a fitness room, and unique art and keepsakes from Ms. Cargill’s personal collection and others, that reflect our grantmaking and the communities where we work. Our space is a living reminder of our values.

Eden Prairie is part of the Twin Cities metro area including Minneapolis and St. Paul, which have over 3 million residents and together make up one of the metropolitan areas in the country. A unique blend of small town and major cosmopolitan hub, both urban cores boast a thriving business atmosphere.

For more information about MACP, please visit our website: www.macphilanthropies.org.

The Opportunity

MACP is seeking candidates who share the organization’s values and commitment to join our team as a senior investment analyst.

Job Purpose: The Senior Investment Analyst will be responsible for assisting the Equity Strategies Group in the management of investment portfolios for Margaret A. Cargill Philanthropies by aiding in day-to-day management matters as well as research and analytical support. Equity strategies include long-only equity, equity long/short, and private equity investments. The Senior Investment Analyst will be expected to share insights into the investment process above and beyond simply following directions given by their direct supervisor. The Senior Investment Analyst will report to and assist the Director of Equity Strategies in the sourcing, due diligence, and monitoring of investment opportunities and all strategic decisions related to the construction and management of equity strategies utilized within each portfolio and will be a part of the Investments team.

Primary Responsibilities:

• Assist with portfolio management activities for multiple managers/strategy portfolios including analysis, research, reporting, and portfolio administration.

• Provide insights into the investment management process based on their independent research and prior experiences.

• Identify and compile data as needed for manager and market analysis. Synthesize takeaways from the data and market analysis to provide value to prospective investment managers' due diligence process.

• Assist with manager due diligence and manager monitoring activities, including review of underlying portfolio investments, verifying compliance with guidelines, and documenting monitoring activities.

• Review, analyze, and reconcile performance reports prepared by third parties. Assess reports to identify trends and takeaways that may be relevant to team discussions.

• Provide analysis needed to support financial reporting including gathering information, reviewing third-party documents, and assessing valuations. Demonstrate an understanding of third-party documents and valuations.

• Assist in the development and implementation of investment operating procedures.

• Assist with day-to-day activities including developing investment orders (rebalancing orders, redemption notices, capital calls, etc.), maintaining investment databases, addressing compliance requirements, and maintaining appropriate investment documentation.

• Work collaboratively with finance staff to meet cash flow needs including developing models to project liquidity needs, monitoring available liquidity, and developing investment orders to raise additional cash needed for operating expenses and capital commitments.

• Perform periodic reviews of investment management activities to ensure compliance with investment policies and procedures.

• Assist in the coordination of relationships with consultants, advisors, and managers including monitoring contacts and planning upcoming events.

• Develop reports to illustrate investment-related activities and concepts to a variety of constituents.

• Perform research and analysis on various investment topics as identified by investment department leadership or investment committee/board members.

• Stay abreast of current market trends and developments.

This role reports to Christopher Vogt, Director of Equity Strategies