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07-Aug-07:
Bear Stearns Selected As Lead Sponsor Of College Squash
The College
Squash Association today announced that Bear Stearns, one
of the world’s most prominent investment banking and securities
trading firms, has been chosen as the lead sponsor for
intercollegiate squash.
"Bear Stearns is a champion of the professional squash
community," said John Power, Men’s CSA president. "Our
selection of Bear Stearns among several world-class
organizations as lead sponsor reflects the close alignment of
our goals, strategies and philosophies."
Added Stuart LeGassick, Women’s CSA president: "This
partnership will provide college squash with an exciting
platform for growth and expansion."
As lead sponsor, Bear Stearns will actively develop a
communication and education program with the CSA for squash
student athletes interested in career options in the fields of
investment banking and finance. The firm will work with the CSA
to create a marketing program to enhance the visibility of the
sport, which is increasing in popularity. Bear Stearns is also
lead sponsor of the Tournament of Champions Squash, which takes
place annually in New York’s Grand Central Station.
"Squash at a collegiate level represents the qualities of
excellence, hard work, sportsmanship, teamwork and growth that
Bear Stearns respects and admires," said Samuel L. Molinaro,
Executive Vice President and Chief Financial Officer of Bear
Stearns. "We are proud to be associated with the sport and look
forward to helping it flourish this season."
In the CSA intercollegiate squash program, 95 teams compete in
over 400 matches. The season culminates in the College National
Squash Championships, which will involve more than 800 student
athletes competing over three weekends in February.
The CSA has welcomed eight new collegiate teams and two new
varsity teams to intercollegiate competition over the past three
seasons. There are currently 30 clubs across the USA in the
process of organizing teams, and the Bear Stearns sponsorship
will provide for a series of yearly seed grants to assist these
young club teams in funding training and intercollegiate match
play.
About CSA:
The College Squash Association (CSA) is the governing body for
intercollegiate squash in the USA. The CSA administers
intercollegiate team competition between approximately 63
varsity and club men’s teams and 32 varsity and club women’s
teams. All intercollegiate varsity and club programs in the USA
and Canada, from accredited colleges and universities of any
size, are welcome to join the CSA. Three national championships
are run annually, which include the Men’s Team Nationals, being
held February 15-17 at Harvard University; the Women’s Team
Nationals (The Howe Cup), being held February 22-24 at Princeton
University; and the National College Individual Championships,
being held February 29 - March 2 at the US Naval Academy.
About Bear Stearns:
Founded in 1923, The Bear Stearns Companies Inc. (NYSE: BSC) is
a leading financial services firm serving governments,
corporations, institutions and individuals worldwide. The
Company’s core business lines include institutional equities,
fixed income, investment banking, global clearing services,
asset management, and private client services. Headquartered in
New York City, the company has approximately 15,000 employees
worldwide.
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