With more than a decade of experience working in finance, Kevin Colvin serves as the director of global market sales and trading for Cantor Fitzgerald in New York City. Active within the community, Kevin Colvin supports several nonprofit organizations including the Ace in the Hole Foundation.
Founded in 2008, the Ace in the Hole Foundation honors the sacrifice made by first lieutenant Michael LiCalzi of the U.S. Marine Corps. He died while serving the United States during Operation Iraqi Freedom in May 2006. The organization gives financial aid and assistance for scientific, educational, and charitable purposes. It has donated more than $600,000 to help Marines of the 2nd Tank Battalion, veterans, and others in need. The name of the group comes from 1st LT LiCalzi’s service with the 2nd Tank Battalion of the USMC, as the group’s slogan is “Ace in the Hole.”
Since it is a nonprofit organization, Ace in the Hole relies on fundraising events to support its mission. One of these events was its eighth annual beach run and walk, which took place on May 13, 2017, at Lido West Beach in New York. The fun run and walk started on the beach and continued for two miles.
For the last eight years, the Ace in the Hole Foundation has hosted a run that supports a variety of causes. The foundation was established by family members in memory of Lt. Michael LiCalzi, USMC, who was killed during Operation Iraqi Freedom in 2006. It raises money to provide funds for charitable organizations and scholarships. To date, it has donated more than $500,000 to partner organizations.
In May 2017, hundreds gathered at a beach on New York’s Long Island for the Ace in the Hole Foundation’s annual run. Beginning at a walkway named in his honor, participants walked or ran up to two miles in remembrance of Lt. LiCalzi. Money raised at the event benefited several organizations including the United Veterans Beacon House and the Mary and Jim White Unit for the Care of People with Huntington’s Disease Center. In 2016, over $80,000 was raised for worthy causes.
The annual run takes place at Lido West Town Park in Hempstead, which features a secluded beach popular with surfers. Throughout his childhood in nearby Garden City, Michael LiCalzi spent many hours enjoying surfing there.
About the Author:
Kevin Colvin, a director in the global market sales and trading division at Cantor Fitzgerald, provides coverage for numerous accounts, including hedge funds, insurance companies, and asset managers. Aside from his professional responsibilities, Kevin Colvin is an avid runner and has participated in several races that benefit charitable organizations.
A nonprofit organization, the Ace in the Hole Foundation was founded in honor of First Lieutenant Michael LiCalzi, who died while serving his country during Operation Iraqi Freedom in 2006. The organization provides financial and material support to individuals in need, whether through direct distribution of funds or through donations to charitable organizations.
Another way the Ace in the Hole Foundation gives to the community is through the 1st Lt Michael LiCalzi Scholarship. To be eligible, applicants must be a child, grandchild, or another dependent of a current, retired, reserve, or honorably discharged Marine Corps Tanker. The organization also considers applicants who are Navy Corpsman or Marines serving in a Marine Corps Tank Unit.
A former associate of structured credit sales and trading at Odeon Capital Group, Kevin Colvin is a director within the global markets sales and trading division of Cantor Fitzgerald. Outside of work, Kevin Colvin contributes to the Ace in the Hole Foundation.