January 28, 2021

New York, NY… Sara Tirschwell, a distressed finance trailblazer and single mother running for Mayor of New York City has dealt with the consequences of suicide firsthand. She released the following statement in response to the recent surge of student suicides:


“I want to thank the New York Times for their reporting on this issue. We must act to save our youth by restoring in-person learning. Our leaders are incapable of leadership and the result is the unacceptable tragedy of young people taking their lives, among a host of other deleterious impacts from virtual schooling. The data is clear: The CDC, Bill Gates and many others advocated for an immediate return to in-person schooling this fall. It fell on deaf ears in NY. I have experienced the pain from suicide first-hand and will not stand by silently while our youth suffer. We must stand together as parents and demand leadership that chooses compassionate outcomes over compassionate intentions.”




Sara’s story is a classic New York tale of grit, determination, and a search for more. 


Sara grew up in Corpus Christi, the daughter of an Army dentist. Her mother committed suicide when she was three years old, and her stepmother died of multiple myeloma when she was 14. Loreen Anderson became the mother of Sara’s heart, until this past Valentine’s Day, when she was killed in a fire. Sara persevered, graduated from Rice University with a degree in Economics, and got her first job in banking during the 1987 financial crisis.


In 1989, Sara moved to New York City to begin her career in distressed finance. She became one of the first loan traders on Wall Street. Professionally, Sara was breaking glass ceilings… but personally, adversity struck again with the death of her first husband from alcoholism, the end of her second marriage, and the suicide of her best friend. But she persevered again. 


Sara is a trailblazer. She spent almost 30 years as one of the few leading women in distressed finance and restructuring, the best part of which was at Davidson Kempner Capital Management. She has worked as a portfolio manager, a partner in a start-up hedge fund, and a longtime analyst and investor in troubled companies and countries. Most importantly, she raised two daughters as a single mom.


In 2017, Sara spoke up about sexual discrimination. Called “Wall Street’s first #MeToo case,” – Sara bravely spoke out about her experience, and continues to advocate for women in the male-dominated culture of high finance. Today, Sara continues to work as an investor and restructuring advisor, and as the CFO of Foundation House, a provider of addiction treatment services that was founded in the aftermath of 9/11 to honor victim Peter Kellerman’s life.


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