KVH does not assume any obligation to update forward-looking statements to reflect new information and developments. This press release contains forward-looking statements that involve risks and uncertainties. Pursuant to the Agreement, the Company has committed to nominate and support Black Diamond Managing Principal Stephen H. Deckoff as an independent Class III director at the Company's 2023 Annual Meeting of Stockholders (the "2023 Annual Meeting"), subject to certain conditions. WebBlack Diamond Capital, LLC Jun 2015 - Aug 20153 months St. Thomas, USVI My job involved accounting, asset servicing, and trade settlement for various types of credit investments. Address. Mr. Deckoff is the Managing Principal of Black Diamond and Mr. Walker is the Managing Partner of Vinson Ventures, LLC. The descriptions of the Agreement contained in this press release do not purport to be complete and are qualified in their entirety by reference to the full text of the Agreement. Its not knowing whether there is demand for their brilliant idea in the marketplace. On the other hand, there are companies that Black Diamond Capital Management, L.L.C is getting rid of from its portfolio. LAS VEGAS, Nevada, April 01, 2022 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (the Company) today reported on discussions between its executive officers and representatives of Black Diamond Capital Management Goodwin Procter LLP served as legal counsel to KVH and Kleinberg, Kaplan, Wolff & Cohen, P.C. Stephen Deckoff cofounded Black Diamond Capital Management, which manages $9 billion in assets. He also owns multi-million dollar properties in Colorado and New York City, and a Beverly Hills mansion previously owned by the Latsis shipping family. KVH Industries Announces Support Agreement with Black Diamond Capital Management. Reflects change since 5 pm ET of prior trading day. The average market cap of the portfolio companies is close to $197 billion. MIDDLETOWN, R.I., Feb. 03, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI) (KVH or the Company), today For example, forward-looking statements include statements regarding execution against our strategic plan, prudent operation of our business and enhancement of long-term value. Mr. Deckoff will begin serving as a non-voting observer of the Companys Board of Directors (the Board). in Operations Research from the Engineering School at Cornell University. WebBlack Diamond Capital Management is a hedge fund with 36 clients and discretionary assets under management (AUM) of $9,890,652,082 (Form ADV from 2022-03-31). The Black Diamond Capital Management, L.L.C office and employees reside in Stamford, Connecticut. 4,071,500 shares of Consumer Portfolio Svcs Inc currently worth over $48.2 million and making up 25.9% of the portfolio value. The Company will accept the resignation of one of its incumbent directors, which resignation will become effective at the 2023 Annual Meeting. Actual results could differ materially from the results projected in or implied by the forward-looking statements made in this press release. Mr. Deckoff has a B.S. WebThe principal business address of Black Diamond is 2187 Atlantic Street, 9th Floor, Stamford, CT 06902. Stephen is Managing Principal and has served as Managing Principal since 12/01/1995. The managing principal of Black Diamond an investment firm with $10 billion in assets under In the most recent 13F filing, Black Diamond Capital Management, L.L.C revealed that it had opened a new position in WebStephen Deckoff. served as legal counsel to Black Diamond with respect to the Agreement. Black Diamond Beauty Salon, LLC 8421 South Orange Inside The Mind Of The Chief Revenue Officer. Black Diamond Credit Strategies Offshore Ltd. WebStephen Deckoff Founder & Managing Principal. The Agreement, which includes a voting commitment and customary standstill and related provisions, will be filed by KVH on a Form 8-K with the Securities and Exchange Commission ("SEC"). Company: Black Diamond Capital Management, L.L.C. Factors that might cause these differences include, but are not limited to: unanticipated technical and other challenges that arise with the services provided by KVH; unanticipated technical or legal delays with the services; customer and strategic partner responses; potential future changes to the pricing or other terms; and potential unforeseen costs or expenses of providing the products and services. We remain fully focused on executing against our plan and prudently operating our business as we continue to work with our advisors to review all strategic alternatives., As a large shareholder, I look forward to joining the Board and contributing to the future success of this strong business, said Mr. Deckoff. 100, St. Thomas, U.S. Virgin Islands 00802. Injuries to Jacob deGrom, Stephen Strasburg and Frankie Montas were revealed on the first day of spring training on Wednesday. You can also contact MarketWatch Customer Service via our Customer Center. WebMr. Black got this award in 2021. since December-1995. Stephen H. Deckoff, 57 Mr. Deckoff is the Managing Principal of Black Diamond Capital Management, L.L.C. We fund these contract purchases on a long-term basis primarily through the securitization markets and service the contracts over their lives. Additionally, the Company has granted Black Diamond a waiver WebStephen Henry Deckoff is an employee with Black Diamond Capital Management, L.L.C., a hedge fund company. Deaneen is also a certified hair loss specialist. Fs Kkr Cap Corp and bought 1,874,244 shares worth $39.2 million. Mr. Deckoff is also on the board of Consumer and is responsible for all portfolio management and business operations. The investment fund also strengthened its position in Consumer Portfolio Svcs Inc by buying KVH Industries, Inc., is a global leader in mobile connectivity, content, and value-added services with innovative technology designed to enable a mobile world. Stephen is Managing Principal and has served as Managing Principal since 12/01/1995. Together with affiliated entities, and based on its statement on Schedule 13D as most recently amended and on file with the SEC, Black Diamond owns some 22% of the Companys outstanding shares. Black Diamond Capital Management, L.L.Cs portfolio is diversified across 2 sectors. Prior to the founding of Black Diamond in 1995, Mr. Deckoff worked at Kidder, Peabody & Co., Bear Stearns, Chemical Securities and Drexel Burnham Lambert. Presently, Mr. Deckoff is still Managing Principal at this company. Ive been acquainted with each of them for over 25 years, and I consider it a vote of confidence that they would like to serve our shareholders.. We purchase retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. Currently, their heaviest sector is Finance making up 7.8% of of less than 5%. MIDDLETOWN, R.I., Feb. 03, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI) ("KVH" or the "Company"), today announced that it has entered into a support agreement (the "Agreement") with Black Diamond Capital Management, L.L.C. Factors that might cause these differences include, but are not limited to: unanticipated technical and other challenges that arise with the services provided by KVH; unanticipated technical or legal delays with the services; customer and strategic partner responses; potential future changes to the pricing or other terms; and potential unforeseen costs or expenses of providing the products and services. Mr. Deckoff will begin serving as a non-voting observer of the Companys Board of Directors (the Board). served as legal counsel to Black Diamond with respect to the Agreement. KVH does not assume any obligation to update forward-looking statements to reflect new information and developments. Stephen Deckoff has served as Managing Principal of Black Diamond Capital Management, L.L.C. We welcome Stephen to the Board and are pleased to have reached this agreement with one of our largest shareholders, said Brent C. Bruun, KVHs President & Chief Executive Officer. This press release contains forward-looking statements that involve risks and uncertainties. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. WebStephen H. Deckoff is Managing Principal at Black Diamond Capital Management L.l.c. Mr. Deckoff has a B.S. We remain fully focused on executing against our plan and prudently operating our business as we continue to work with our advisors to review all strategic alternatives., As a large shareholder, I look forward to joining the Board and contributing to the future success of this strong business, said Mr. Deckoff. Deaneen is the owner and main stylist at black diamond beauty salon. Contact the source provider Comtex at editorial@comtex.com. KVH is a registered trademark of KVH Industries, Inc. 2023 GlobeNewswire, Inc., source Press Releases. Mr. Deckoff is a citizen of the United States of America. Mr. Deckoff has a B.S. Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. They Dont Work Against The Latest American Mines. KVH Industries, Inc., is a global leader in mobile connectivity, content, and value-added services with innovative technology designed to enable a mobile world. The fund focuses on investments in the Switzerland as These positions were updated on February 14th based on the funds latest 13F filing. Consumer Portfolio Services, Inc. Portfolio results are unaudited and based on varying investment expiration dates. Certain of these and other risk factors are discussed in more detail in KVH's Quarterly Report on Form 10-Q filed with the SEC on December 6, 2022. Company Grants Black Diamond a Waiver to Purchase Up to 25% of Common Stock. Prior to the founding of Black Diamond in 1995, Mr. Deckoff worked at Kidder, Peabody & Co., Bear Stearns, Chemical Securities and Drexel Burnham Lambert. Founded in 1982, the company has more than a dozen offices around the globe with research, development, and manufacturing operations based in Middletown, RI. Together with affiliated entities, and based on its statement on Schedule 13D as most recently amended and on file Goodwin Procter LLP served as legal counsel to KVH and Kleinberg, Kaplan, Wolff & Cohen, P.C. A tweet about how Mac McClung won the NBA slam dunk competition shows how much poise Curry has. Pursuant to the Agreement, the Company has committed to nominate and support Black Diamond Managing Principal Stephen H. Deckoff as an independent Class III director at the Companys 2023 Annual Meeting of Stockholders (the 2023 Annual Meeting), subject to certain conditions. KVH does not assume any obligation to update forward-looking statements to reflect new information and developments. | All Rights Reserved | Black Diamond Beauty Salon, LLC. MIDDLETOWN, R.I., Feb. 03, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI) (KVH or the Company), today announced that it has entered into a support agreement (the Agreement) with Black Diamond Capital Management, L.L.C. Copyright 2023 Surperformance. Sie knnen Ihre Einstellungen jederzeit ndern. in Operations Research from the Engineering School at Cornell University. All Rights Reserved. | Source: Prior to the founding of Black Diamond in 1995, Mr. Deckoff worked at Kidder, Peabody & Co., Bear Stearns, Chemical Securities and Drexel Burnham Lambert. "I believe in the opportunity to create value at KVH and look forward to working with my fellow directors on behalf of all shareholders.". Mr. Deckoff has held or 6.7% of the portfolio companies This press release contains forward-looking statements that involve risks and uncertainties. Mr. Deckoff has held or currently holds board seats on a number of Black Diamond portfolio companies, including Consumer Portfolio Services, Inc., ION Media, Werner Ladder, White Birch, Bayou Steel, SmarteCarte, Sun World and PTC Alliance, among others. Jeffrey P. Fritz, Chief Financial Officer844 878-2777. Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more. Factors that might cause these differences include, but are not limited to: unanticipated technical and other challenges that arise with the services provided by KVH; unanticipated technical or legal delays with the services; customer and strategic partner responses; potential future changes to the pricing or other terms; and potential unforeseen costs or expenses of providing the products and services. This makes their stake in Consumer Portfolio Svcs Inc total 4,071,500 shares worth $48.2 million. 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