RIDE FOR A CURE

By TIM RACE
Published: August 5, 2007

Marc Asnin

Paul L. Schaye, founder and managing director of Chestnut Hill Partners, in Central Park last year. He planned to cycle across Massachusetts this weekend to raise money for cancer research.

For the past decade Paul L. Schaye, founder and managing director of Chestnut Hill Partners, the mergers-and-acquisitions specialist, has biked across Massachusetts each year to raise money for cancer research.

This weekend, Mr. Schaye, 54, was to cycle again in the two-day Pan-Massachusetts Challenge, but with an entirely different perspective. Last fall, after thinking he had strained his back putting a package in the trunk of a taxi, he found out that he had stomach cancer, which had spread to his liver. “It changes everything,” he said of the diagnosis. “Now the ride is personal.”

Mr. Schaye usually bikes alone, but this year he is being accompanied by “Paul’s Posse,” a group that includes Chris Carmichael, the trainer who worked with Lance Armstrong after his cancer diagnosis. The group hopes to help the ride organizers cross their goal of raising $27 million for the Dana-Farber Cancer Institute, where Mr. Schaye’s doctor works, researching a cure for his type of cancer.

ELIZABETH OLSON


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