Le Lézard
Classified in: Sports and recreation
Subject: Event

Riding for a Reason: Colbeck Capital Sponsors the Children's Tumor Foundation in TD Five Boro Bike Tour

Colbeck Capital Management ("Colbeck") today announced its ongoing support of the Children's Tumor Foundation ("CTF" or the "Foundation") through its sponsorship of CTF's NF Endurance Team in the annual TD Five Boro Bike Tour. The event, presented by Bike New York and held on May 5, 2024, will gather thousands of cyclists from around the world to engage in the largest bike ride in the U.S. designed to bring attention to the causes that matter most to them.

CTF is one of the ride's official charity partners and along with its sponsors, including Colbeck Capital and Jason Colodne, is supporting the TD Five Boro Bike Tour to promote awareness of and fundraising for its vision of ending NF, a group of genetic conditions that causes tumors to form throughout the body. NF includes all types of neurofibromatosis and schwannomatosis. It affects all populations equally and does not currently have a cure, causing millions of people to live with some type of diagnosis. Through events like the TD Five Boro Bike Tour, CTF aims to drive research, expand knowledge, and advance care for the NF community.

The TD Five Boro Bike Tour gives riders the unique experience of cycling through all five of the city's boroughs across 40 miles of car-free streets while bringing awareness to the need for safer biking accommodations throughout the city. Charitable funds help produce bike education programs throughout the city on a yearly basis.

About Colbeck Capital Management

Colbeck Capital Management (colbeck.com) is a leading, middle-market private credit manager focused on strategic lending. Colbeck lends to companies going through periods of transition, providing creative capital solutions and risk mitigation strategies. Leveraging its deep relationships, Colbeck sponsors its portfolio companies through consistent engagement with management teams in areas such as finance, capital markets and growth strategies, distinguishing itself from traditional lenders. Colbeck was founded in 2009 by Jason Colodne and Jason Beckman, and its principals have extensive experience investing through different market cycles at leading institutions, including Goldman Sachs and Morgan Stanley.

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