Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall Street’s Best Athletes” and raise funds for pediatric cancer research at Memorial Sloan Kettering Cancer Center – kicks off on June 13.

The event will feature more than 300 participants from investment banks, hedge funds, and private equity firms. Modeled after the NFL Scouting Combine, the Decathlon’s ten events feature a 400-meter run, the football distance throw, pull-ups, the 40-yard dash, triceps dips, the 500-meter row, the vertical jump, a 20-yard shuttle, weight bench press, and an 800-meter run.

Though an online fundraising platform,  Wall Streeter’s can “bet” on the outcome of the event with all money wagered funding a “dream team” of pediatric oncologists, who work to cure the 20% of children who do not respond to traditional cancer therapies. 

More than 125 firms will compete in the event. Buy-side firm participants include athletes from Fir Tree Partners, Coatue Management, Steadfast Financial, Blue Ridge Capital, Brigade Capital Management, Point72 Asset Management, Bluecrest Capital Management, Winton Capital, CVC Partners, and Axiom International Investors.

“Marc Hodulich and I are inspired everyday by our mothers who respectively battled cancer. The Decathlon is a very personal pursuit,” said Maloney.  We set out to create a unique event; one that would be considered the ‘gold standard’ in terms of production value and philanthropy. We are often told we have done just that, yet we remain unsatisfied.  We believe The Decathlon is only scratching the surface.”

The team event occurs on June 13, while the individual competition takes place on June 14. Asked for his predictions, Maloney said this year would be especially competitive in the individual competition.

“It is hard to argue anyone can defeat three-time defending champion Mark Rubin from ICAP,” Maloney said. “However, Fir Tree’s Clinton Biondo improves each year. His commitment and determination can never be questioned, and, because of that, it wouldn’t surprise me to see Clinton take a really good shot at the title. On the women’s side, it will be interesting to watch Point72’s Samantha Santaniello and Citi’s Laura Placentra [compete]. Both are former collegiate athletes.”

The annual two-day event has raised more than $5,000,000 for charity since 2011.

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