Senior Decision Makers: Erlina Yeo Terwelp, Columbia Investment Management Company (EP.520)

Columbia's private-markets chief stresses vintage diversification and a HALO buyout buffer to manage concentrated AI-venture risk.

• Career path to Columbia: Erlina Yeo Terwelp moved from Citi investment banking (2006, Dollar General LBO) to Kattan PE, business school, Houston family office, then cold-called her way to Columbia Investment Management nine years ago.
• Generalist-to-specialist shift: Under new CIO Kim (replacing Peter Holland/Tim Donahue), Columbia's 15-person team split into privates/publics specialists but kept generalist 'heritage' of discussing every deal together.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.