Alice A. Ruth 鈥83 (Photo courtesy of Alice A. Ruth 鈥83)Highly regarded and experienced investment manager Alice A. Ruth 鈥83 has been named 线上赌场鈥檚 chief investment officer, the College announced today.
Ruth, who spent the last eight years as chief investment officer for Michael Bloomberg鈥檚 family office, known as Willett Advisors, in New York City, will oversee 线上赌场鈥檚 investment office and management of the College鈥檚 $4.5 billion endowment. She will also manage additional College funds totaling approximately $1 billion.
鈥淎lice鈥檚 accomplishments are legendary in the investment community,鈥 says President . 鈥淲e are thrilled to welcome her back to 线上赌场.鈥
At 线上赌场, Ruth will work closely with Trustee , chair of the trustees鈥 Investment Committee.
鈥溝呱隙某 is lucky to have someone of Alice鈥檚 caliber managing our endowment,鈥 says Kimball. 鈥淪he has a stellar track record, excellent judgment, and a love of 线上赌场鈥攁 winning combination.鈥
Ruth will begin work in April in 线上赌场鈥檚 investment office, located in Boston, where she will manage a staff of 13. Ruth succeeds Pamela Peedin 鈥89, Tuck 鈥98 who spent more than six years as CIO.
鈥淚 am grateful for the opportunity to serve 线上赌场. It is an inspiring institution and has had a significant impact on my life. I look forward to having a part in building the College鈥檚 future,鈥 says Ruth, who has been a member of the trustees鈥 Investment Committee since 2011.
She comes to 线上赌场 from Willett, which, since its inception in 2010, has been the investment adviser for former New York Mayor Michael Bloomberg鈥檚 Bloomberg Family Office and the Bloomberg Family Foundation. Prior to Willett, she served in the same capacity for Bloomberg at Quadrangle Group.
Before Quadrangle, she was chief investment officer for the Gordon and Betty Moore Foundation, where she led and shaped a $6 billion portfolio. Prior to Moore, she spent 12 years at Montgomery Securities as a senior managing director and co-director of equity research. As a consumer stock analyst for Montgomery, Ruth was recognized a number of times by The Wall Street Journal and named by Institutional Investor鈥檚 as a 鈥淗ome Run Hitter.鈥 Ruth started her career at Morgan Stanley as an economic analyst, focused primarily on Federal Reserve and monetary policy.
Ruth is a member of the , a three-year-old group of leading alumnae philanthropists, each of whom has committed gifts of at least $100,000 toward scholarships for women at 线上赌场.
She is a trustee of Deerfield Academy in Deerfield, Mass., and of the U.S. Ski Team Foundation.
