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Bill Ackman and some of the best tennis players in global finance faced off in the first Finance Cup

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Gardell, Ackman

While Novak Djokovic and Roger Federer prepared for the finals at the US Open in Flushing Meadows Corona Park Sunday, Wall Street's biggest hitters were playing in their own version of a Grand Slam.

Team Wall Street took on Team Europe in the first "Finance Cup" Saturday September 12 on Randall's Island.

The Finance Cup was co-organized by London-based portfolio manager David Anving and New York-based investment banker Jeffrey Appel.

Appel, nicknamed the "Mayor of New York Tennis," has been credited with helping young tennis players land jobs on Wall Street. He's also credited for bringing hedge fund manager Bill Ackman, founder of Pershing Square Capital, back into the tennis world.

The tournament was an incredible opportunity for folks in the finance community to network and catch up with colleagues from overseas. Next year, the event will be held in London on grass courts.

The event was originally supposed to be held at the New York Athletic Club's outdoor tennis courts in Pelham, New York. Because of inclement weather, however, the event was relocated to Randall's Island. It was steamy and hot inside the bubble. All the players looked like they had gone swimming.

After three intense rounds, Team Wall Street came out with an 8-1 victory. The main event, of course, was the battle of the activist investors: Pershing Square Capital's Ackman vs. Cevian Capital's Christer Gardell.

Ackman's team came out victorious, too.

We've included photo highlights and scores below.

Team Wall Street's Amer Delic, the current Davis Cup captain for Bosnia, teamed up with fellow 6-foot-5 player Mario Ancic. Ancic, who works for Credit Suisse, hit a shot which Bill Ackman described as one of the best he had ever seen.



Ancic, 31, graduated from Columbia Law School and is now working in the leveraged finance group at Credit Suisse. At one point, he was ranked No. 7 in the world for singles. He had a win against Roger Federer at Wimbledon.



Team Europe's Ludovic Walter, 31, brought out the big serve that once made him rank as high as 279 in the world. Walter played No. 1 for Duke and is currently an associate at Cohen Partners in London.



See the rest of the story at Business Insider

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