I would use simple concatenation:
Char.ToLowerInvariant(name[0]) + name.Substring(1)
The first solution is not optimized because string.Format is slow and you don’t need it if you have a format that will never change. It also generates an extra string to covert the letter to lowercase, which is not needed.
The approach with “+ 32” is ugly / not maintainable as it requires knowledge of ASCII character value offsets. It will also generate incorrect output with Unicode data and ASCII symbol characters.