PHILADELPHIA, PA – May 30, 2019 – US Squash announced today that FS Investments, title sponsor of the 2018 U.S. Open Squash Championships, has committed to serve as the tournament’s title sponsor again in 2019. The U.S. Open brings the world’s best players to Philadelphia to compete for the most prestigious squash championship in the United States. The event will be held October 5–12, 2019. This is the ninth consecutive year Drexel University’s Daskalakis Athletic Center will host the event.
“We are proud to extend our relationship with FS Investments,” said Kevin Klipstein, US Squash President and CEO. “This sponsorship sustains the U.S. Open’s status as a premier Philadelphia sports event and world-leading squash championship. US Squash and FS Investments share values of access, equality, community and excellence, and through this partnership are providing significant resources to SquashSmarts as they offer academic resources and squash instruction to Philadelphia grade school and high school students from underserved communities.”
“FS Investments is proud to renew its commitment to the U.S. Open Squash Championships, which furthers our efforts to support our city, its institutions and our communities,” added Michael Forman, Chairman and CEO of FS Investments. “This sponsorship brings together organizations with common values, helps drive Philadelphia’s position as a global city and, most importantly, expands resources for Philadelphia youth who participate in the SquashSmarts program.”
This title sponsorship extends beyond the U.S. Open Squash Championships. As part of the agreement, FS Investments also served as title sponsor of the SquashSmarts BestShotBall, the annual charity fundraiser held at The Philadelphia Cricket Club on April 27 to support the award-winning Philadelphia-area urban squash and education program. SquashSmarts has been a U.S. Open partner since 2011 and was recently named the official community program provider for the Arlen Specter US Squash Center.
“FS Investments’ support of the squash community has been and continues to be remarkable,” said SquashSmarts Executive Director Stephen Gregg. “FS’s engagement enables us to reach more youth in our city through squash and academic instruction anchored in the values of the game, all with an eye toward using the sport to create life-changing experiences and opportunities.”
The U.S. Open is one of the world’s premier professional squash championships, featuring the top players competing for its coveted title. The eight-day Professional Squash Association (PSA) World Tour Platinum event was first held in 1954 and has been hosted at Drexel University since 2011. The event pioneered gender parity in prize money for squash professionals in 2013 and is a leader in the drive for equality in the professional game. The U.S. Open brings together all elements of the squash community through numerous special events celebrating the core values of the sport, alongside three amateur competitions: the Arlen Specter Pennsylvania Junior Championships, the US Squash Skill Level Championships and the Intercollegiate Doubles Championships. The U.S. Open has become one of the most iconic and important annual sporting events held in the city of Philadelphia.
About FS Investments:
FS Investments is a leading asset manager dedicated to helping individuals, financial professionals and institutions design better portfolios. The firm provides access to alternative sources of income and growth, and focuses on setting industry standards for investor protection, education and transparency. FS Investments is headquartered in Philadelphia, PA with offices in New York, NY, Orlando, FL and Washington, DC. Visit www.fsinvestments.com to learn more.
About US Squash:
US Squash is the national governing body and member organization representing over 1.6 million squash players in the U.S. Its mission is to lead squash’s growth and development by increasing access and awareness, supporting meaningful lifelong engagement in the sport, and encouraging sportsmanship while achieving competitive excellence at the highest levels. Visit www.ussquash.org to learn more.
SquashSmarts is a 501(c)(3) nonprofit dedicated to improving the lives of underserved youth from Philadelphia public schools. It provides intensive, long-term academic tutoring and squash instruction while imparting high standards of personal integrity, health and fitness, and service to the community. Headquartered in Philadelphia, the organization has program locations at Drexel University and The Lenfest Center. Visit www.squashsmarts.org to learn more.
Melanie Hemmert, FS Investments
Chris McClintick, US Squash