NEW YORK--(BUSINESS WIRE)--Colbeck Capital Management (“Colbeck”) today announced its continued support of the Children’s Tumor Foundation (“CTF” or the “Foundation”) through its sponsorship of the NF Endurance Team in the upcoming TD Five Boro Bike Tour, presented by Bike New York. The event, which will be held on May 7, 2023, is designed to bring together cyclists from around New York City for a car-free riding experience while providing them with the opportunity to bring attention to the causes that matter most to them.
CTF is one of the ride’s official charity partners and its supporters – including Colbeck Capital and Jason Colodne – will receive access to a number of benefits such as pre- and post-ride meals and guaranteed entry to ride. CTF is committed to events like TD Five Boro Bike Tour to promote awareness of and fundraising for its mission to end NF, a group of genetic conditions that causes tumors to form throughout the nervous system. Millions of people around the world live with some type of neurofibromatosis or schwannomatosis, which may lead to blindness, deafness, bone abnormalities, disfigurement, learning disabilities, disabling pain, or cancer. NF affects all populations equally, and while there is no cure yet, CTF’s mission of driving research, expanding knowledge, and advancing care for the NF community fosters a vision of one day ending NF.
The TD Five Boro Bike Tour is designed to give riders the unique experience of cycling through all five of the city’s boroughs across 40 miles of bridges and streets in a safe environment. The tour also brings awareness to the need for safer biking accommodations throughout the city and promotes safe cycling practices for participants. Charitable funds help produce bike education programs throughout the city on a yearly basis. The 45th annual event requires preregistration to attend, and a portion of the registration cost is tax deductible as a charitable donation.
About Colbeck Capital Management
Colbeck Capital Management (colbeck.com) is a leading, middle-market private credit manager focused on strategic lending. Colbeck partners with companies during periods of transition, providing creative capital solutions and risk mitigation strategies. 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.