Sara Tirschwell called a portable track record ‘a really important issue’ in the industry.
Embroiled in a high-profile lawsuit against TCW Group Inc. over allegations of gender discrimination and sexual harassment, former distressed debt manager Sara Tirschwell says long-standing practices among investment firms limit executives who aspire to strike out on their own.
Those constraints, she said, effectively bar investment executives from taking their track records with them to find jobs or to start their own firms and demonstrating their accomplishments to potential investors.
Legal experts say that s because the track record belongs to the firm; it is up to the manager to decide whether or under what circumstances departing executives can use their portion of the track record.
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June 10, 2021
By Molly Meisels
Mx. Meisels is a graduate of Yeshiva University and an incoming art history M.A./Ph.D. student at the University of California, Los Angeles.
No one within earshot batted an eye at the slur. I was at a festive Shabbat dinner with other undergraduates at Yeshiva University, a few months into my freshman year at its Stern College for Women. âHeâs a fag,â I overheard a student in a spiffy suit say to the woman seated next to him.
A year earlier, as a senior at an all-girls Hasidic high school in Brooklyn in 2016, I had looked forward to being surrounded by open-minded, religiously committed Jews at the renowned Modern Orthodox university in New York City. But in that moment, my fantasies crumbled. As the slur echoed in my mind, glasses clinked, cheerful conversations continued, and the only visible concern in the room was mine. It was my first encounter with casual bigotry at Yeshiva, but not my last.