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Sage View’s Peterson Wins Decathlon as Top Wall Street Athlete

|Includes: BAC, C, CS, Morgan Stanley (MS)
http://www.bloomberg.com/apps/news?pid=20601079&sid=a1cth.Yvmm3w

By Erik Matuszewski

Oct. 25 (Bloomberg) -- Kyle Peterson, a first-year associate at Sage View Capital LP, earned the unofficial title of Wall Street’s best athlete after winning a charity decathlon yesterday in New York.

The 24-year-old Peterson defeated 29 other traders, bankers and advisers to win the 10-event competition, which benefits Lance Armstrong’sLiveStrong Foundation.

Peterson, whose father has prostate cancer, finished with 6,814 total points to beat out Robert Mohr of Equinox Capital Management LLC (6,763) and Evan Odim of Citigroup Inc. (6,720).

“It was an awesome experience,” Peterson, who reviews investments for Sage View, said in a telephone interview. “I had a great time and met a lot of great people and competitors. I look forward to doing it again next year.”

While the decathlon featured track staples such as sprints at three different distances, it also had unique events like basketball free-throw shooting, a football throw for distance and accuracy, pull-ups, an agility drill and bench press. Five events were held at New York’s East River Park and five more at the Reebok Sports Club on Manhattan’s Upper West Side.

“I kind of did above average in everything, but nothing really stands out,” Peterson said.

Street’s Top Athlete

Organizers billed the event as a chance to anoint the top athlete on Wall Street while raising money for cancer research. Among the other firms competing were Bank of America Corp., Morgan Stanley, UBS AG, ING and Credit Suisse Group.

LiveStrong is the organization founded by Armstrong, who won a record seven Tour de France cycling races after recovering from cancer. It has raised more than $250 million to help people with cancer since its inception in 1997.

John Withrow, a 33-year-old bond trader at Macquarie Group Ltd., Australia’s biggest investment bank, brought in around $100,000 in pledges, the most of any competitor, after winning the dip competition. The three-time All-American wrestler at the University of Pittsburgh completed 66 dips to surpass his goal of 45 for the event, in which participants hold onto two bars at waist level with their arms extended and then lower their full body weight before pushing up again.

“John’s fundraising example sets the benchmark for future Decathletes,” organizer Marc Hodulich, whose mother is a breast-cancer survivor, said in an e-mail.

To contact the reporter on this story: Erik Matuszewski in New York at matuszewski@bloomberg.net

Last Updated: October 25, 2009 00:23 EDT