The #OpenLP Podcast Miniseries: Kim Lew, CEO of Columbia University’s Endowment
#OpenLP is taking over the Origins podcast. Listen to episode one featuring Notation here.
In this episode of the #OpenLP podcast miniseries, Sapphire Partners’ Nate Leung sits down with Kim Lew, President and Chief Executive Officer of the Columbia Investment Management Company. Kim has a storied career as an institutional allocator, previously serving as VP and CIO of the Carnegie Corporation, where she was responsible for the investment and oversight of the Corporation’s $3.5 billion foundation. She also spent a dozen years at the Ford Foundation. In 2019 she was awarded the title of Endowment & Foundation CIO of the Year, and in 2021 she received the Lifetime Achievement Award from Institutional Investor.
During the conversation, Nate and Kim touch on the following topics:
- How institutional managers consider and approach risk, particularly in the context of venture investing
- Differences between foundations and endowments in terms of liquidity, portfolio construction, and risk allocation
- What Kim looks for in new managers for the venture portfolio component of Columbia’s endowment
- What quality mentorship and leadership looks like and how she cultivates investment talent
- Her views on key investment trends across climate, artificial intelligence, crypto and more…
Disclaimer: Nothing presented within this article is intended to constitute investment advice, and under no circumstances should any information provided herein be used or considered as an offer to sell or a solicitation of an offer to buy an interest in any investment fund managed by Sapphire Ventures (“Sapphire”). Information provided reflects Sapphires’ views as of a time, whereby such views are subject to change at any point and Sapphire shall not be obligated to provide notice of any change. Views presented may reflect the authors’ opinion and/or interpretation and Sapphire provides no assurance to the accuracy of such views. Various content and views contained within this article represent those of third party guests, which do not necessarily reflect the views of Sapphire. Such views are subject to change at any point and do not in any way represent official statements by Sapphire. Various statements made by third party guests about Sapphire relate to the nature and type of management services provided by Sapphire and do not constitute testimonials to Sapphires’ investment advisory services and no inference to the contrary should be made. Companies mentioned in this article are a representative sample of portfolio companies in which Sapphire has invested in which the author believes such companies fit the objective criteria stated in commentary, which do not reflect all investments made by Sapphire. A complete alphabetical list of Sapphire’s investments made by its direct growth and sports investing strategies is available here. No assumptions should be made that investments listed above were or will be profitable. Due to various risks and uncertainties, actual events, results or the actual experience may differ materially from those reflected or contemplated in these statements. Nothing contained in this article may be relied upon as a guarantee or assurance as to the future success of any particular company. Past performance is not indicative of future results.