The second MSRA Corporate Squash Challenge" has kicked-off in New York City. The tournament is taking place across various clubs in Manhattan between April 29th and May 22nd. The event will be held across a number of facilities in the New York City area, including the Harvard, Yale, Princeton and New York Sports Clubs in Manhattan.
New York, NY (PRWEB) May 11, 2005 -- The second MSRA Corporate Squash Challenge" has kicked-off in New York City. The tournament is taking place across various clubs in Manhattan between April 29th and May 22nd. The event will be held across a number of facilities in the New York City area, including the Harvard, Yale, Princeton and New York Sports Clubs in Manhattan.
Leveraging on the success of the inaugural tournament which received 10 firm entries, the second round of the tournament will include 13 firms and about 26 teams (a firm may submit multiple entries for different divisions). The 13 firms include the pre-eminent investment banking and financial services firms in the world (in alphabetical order):
1. American Express
2. Bear Stearns
3. Citigroup
4. Credit Suisse First Boston
5. Deutsche Bank
6. Goldman Sachs
7. JP Morgan
8. KPMG Corporate Finance
9. Lehman Brothers
10. Morgan Stanley
11. Prudential Financial
12. UBS
13. Warburg Pincus
The twenty six teams consist of about 3 players each with 1 or two alternates totaling 120 players. Each team is required to win 2/3 matches to proceed to the next round of competition with consolation rounds to determine rankings for all 26 teams within the A, B and C divisions. Most matches will be held over weekends between April 29th and May 22nd with some matches being played during the week due to busy work schedules.
As witnessed from the popularity of this tournament, squash is a great outlet from the fast paced world of Wall Street. The Corporate Squash Challenge provides another avenue for those passionate about the sport to represent their respective firms in competition and most importantly, compete for the title of Best Corporate Squash team in New York". It will also serve to raise the profile of the sport among the corporate workforce.
The event targets a very specific audience – squash players within corporations in the New York City area. Many of these players are less-active players in the many tournaments and leagues that the MSRA offers throughout the year due to demands of work and family life.
In addition to the squash tournament, the challenge will provide participants an opportunity to network with individuals across various firms in the securities industry. The MSRA has also organized a private cocktail event for all participants. The event will be held at a lounge in the West Village, including an open bar and horderves.
The tournament reinforces MSRAs mission of development, progress, and establishment of the game of squash in the greater New York metropolitan area. The MSRA seeks both to introduce new players to the game, and to inspire current players to excellence, fair play, and healthy competition.
Furthermore, the MSRA aims to bring squash players of all ages and skill levels together for enjoyment and competition across communities and creating opportunities in all aspects of life - educational, professional, and personal.
The sport of Squash (a.k.a. Squash Racquets) was first played over 100 years ago and is now enjoyed in over 130 nations, on 50,000 courts, with its popularity continuing to grow rapidly. The sport has 118 national associations that are affiliated with the World Squash Federation (WSF).
It is estimated that there are more than 18 million players worldwide, about a million of them in the United States.
About The MSRA - The MSRA is dedicated to promoting the game of squash in the Greater New York area and encouraging the positive values of the game to build a strong and vibrant squash community.
The MSRA organizes leagues and tournaments for squash players in the New York Metropolitan area. The MSRA is a not-for-profit organization run by volunteers and one part-time paid Executive Director. MSRA members are individuals and clubs offering squash courts in the NY metro area. The MSRA is also the designated district branch for the United States Squash Racquets Association (USSRA).
###
|
