Torchlight Investors poses for a team photo on an ideal evening at the 2013 J.P. Morgan Corporate Challenge in Central Park.
Torchlight Investors among 634
companies in Corporate Challenge
||38th J.P. Morgan Corporate Challenge, a 3.3-mile run/walk for the corporate community.
||June 4 & 5,, 7 p.m.
||Central Park. Start on West Drive; finish adjacent to Bethesda Fountain.
||A sell-out crowd of 30,000 (15,000 each night) from 634 companies.
|Largest companies participating:
||WEDNESDAY: Morgan Stanley (1,000 total entrants); American Express (899); Bloomberg (557); Hospital for Special Surgery (525); Deutsche Bank (430); THURSDAY: Goldman Sachs (786); Credit Suisse (383); RBS (363); NYU Langone Medical Center (325); AllianceBernstein (284). J.P. Morgan has 1,984 total entrants over the two nights.
||Central Park Conservancy
|2013 team champions:
||JPMorgan Chase (men and women); Bloomberg (mixed).
|The Corporate Challenge:
||In its 38th consecutive year, the J.P. Morgan Corporate Challenge® Series promotes health and camaraderie in the workplace. In 2014, the Series will visit 13 cities in seven countries on five continents, looking to build on an all-time record attendance of 262,311 entrants from 7,969 companies in 2013.
||Frankfurt, Germany, June 11
NEW YORK, May 29, 2014 — In 1995, Daniel Heflin founded Torchlight Investors. Nineteen years later, Heflin will once again be leading his company, this time in the 2014 J.P. Morgan Corporate Challenge® in Central Park.
Torchlight will be one of 634 companies that will gather on back-to-back nights for the 38th renewal of a celebration of corporate fitness and camaraderie in the workplace that first began in Central Park in 1977. On Wednesday, June 4, and Thursday, June 5, a combined capacity crowd of 30,000 will be on hand for the team run and post-race party in Central Park. The starting time is 7:00 o'clock each night.
Note that due to restricted space and changes in the course, the distance for this year's Corporate Challenge has been reduced from 3.5 miles to 3.3 miles. The new start line will be 2/10th of a mile farther north on West Drive in Central Park. No other part of the event will be affected.
Torchlight, which provides investment management services to institutional clients seeking exposure to commercial real estate-related debt markets, will enter a team of 12 in Thursday night's race. It will not be the largest team in Central Park, but the firm's brain trust is leading the way.
In addition to Heflin, the company's Partner and Chief Investment Officer, two other members of Torchlight's seven-person senior management team will be running — William Stasiulatis and Samuel Chang, both Partners/Portfolio Managers.
"Our CEO loves to participate, as well as other senior members — all the way to our analysts," said Amy Dickerson, Head of Human Resources. "It really is a nice way to interact with colleagues that we may not get the chance to speak to on a daily basis. I think it's a great opportunity for employees to get out, spend some time together, and have some fun. It definitely helps the team culture and is one of our team-building activities."
Building that sense of camaraderie was one of the principles laid out by Corporate Challenge founders in 1977. In the nearly four decades since, it has resonated with teams such as Torchlight and helped the Corporate Challenge expand globally to seven countries, last year establishing a record participation of 262,311 entrants from 7,969 companies.
For Torchlight, the Corporate Challenge's other fundamental principle, improving fitness/health in the workplace, is equally as important.
"We are a very young company and athleticism is important among our employees," said Dickerson. "The Corporate Challenge is right up our alley in that it is a summer outing that is activity based and competitive in nature. It brings out a healthy competitive spirit among the teammates. It is a very New York thing to do, spending some time in the park, then grabbing some dinner and drinks with the team after."
That "time in the park" reflects another principle of the Corporate Challenge that appeals to companies in the 13 cities that host Series events — giving back to the local community. In this case, J.P. Morgan will make a donation on behalf of all Corporate Challenge participants to the Central Park Conservancy. That is fitting since the Corporate Challenge has been held in Central Park every year since 1977, hosting hundreds of thousands of runners wearing their company colors.
"There's a sense of pride being out there for the team, and representing Torchlight Investors," said Dickerson.