Actual results could differ materially from the results projected in or implied by the forward-looking statements made in this press release. Inside The Mind Of The Chief Revenue Officer. Black Diamond Capital Management, L.L.Cs portfolio is diversified across 2 sectors. Their last reported 13F filing for Q4 2022 included $162,957,141 in managed 13F securities and a top 10 holdings concentration of 99.74%. Erstwhile ace Stephen Strasburg of the Nationals did not report to spring training after suffering a recurrence of thoracic outlet syndrome while working out. WebBlack Diamond is a privately held alternative asset management firm specializing in high yield credit, stressed & distressed credit, restructurings and business turnarounds. Company/Fund Name: Black Diamond Capital Management, L.L.C. Sie knnen Ihre Einstellungen jederzeit ndern. The Company will accept the resignation of one of its incumbent directors, which resignation will become effective at the 2023 Annual Meeting. Changes needed to be made to the Stephens lifestyle in order to make things manageable Because of [her husbands condition], and all of the different things we were dealing with, I really needed an opportunity [for change], Stephens said to me in an interview via videoconference in early December. and is responsible for all portfolio management and business operations. KVH develops, manufactures, and provides maritime communication hardware and services worldwide. Mr. Deckoff is the Managing Principal of Black Diamond Capital Management, L.L.C. Mr. Deckoff has a B.S. Photo by Black Diamond Capital Management. Agrees to Nominate Black Diamond Managing Principal Stephen Deckoff to Board of Directors at the 2023 Annual Meeting. All Rights Reserved. served as legal counsel to Black Diamond with respect to the Agreement. Investing in stocks, bonds, option and other financial instruments involve risks and may not be suitable for everyone. Portions of this content protected by US Patent numbers 7,865,496, 7,856,390, and 7,716,116. Stephen H. Deckoff, 57 Mr. Deckoff is the Managing Principal of Black Diamond Capital Management, L.L.C. We purchase retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. WebThe principal business address of Black Diamond is 2187 Atlantic Street, 9th Floor, Stamford, CT 06902. This press release contains forward-looking statements that involve risks and uncertainties. Additionally, the Company has granted Black Diamond a waiver under the Companys stockholder rights plan allowing Black Diamond to acquire up to 25% of the Companys outstanding common stock. All rights reserved. served as legal counsel to Black Diamond with respect to the Agreement. Deckoff will begin serving as a non-voting observer of the Companys Board of Directors (the Board). Additionally, the Company has granted Black Diamond a waiver Stephen Deckoff cofounded Black Diamond Capital Management, which manages $9 billion in assets. Injuries to Jacob deGrom, Stephen Strasburg and Frankie Montas were revealed on the first day of spring training on Wednesday. -, KVH TracNet recognized with the 2023 SMART4SEA Connectivity Award; Leading maritime industry organization SAFETY4SEA recognizes TracNet hybrid solution for its contributions to vessel connectivity, KVH TracNet recognized with the 2023 SMART4SEA Connectivity Award, KVH's New Crew Internet Service Offers Vital Connectivity to Mariners and Enables Vessel Traffic Allocation. Its not knowing whether there is demand for their brilliant idea in the marketplace. The Black Diamond Capital Management, L.L.C office and employees reside in Stamford, Connecticut. The MarketWatch News Department was not involved in the creation of this content. Mr. Deckoff is also on the board of Consumer Portfolio Services, Inc., InSight Health Services Holdings Corp., Sun World International LLC and Black Diamond Credit Strategies Offshore Ltd. KVH Introduces New Enterprise-grade Cybersecurity and Email Services for Mariners; KVH .. KVH Introduces New Enterprise-grade Cybersecurity and Email Services for Mariners, KVH Industries' CEO and CTO to Speak at 25th Annual Needham Growth Conference, Kvh Industries Inc De : Change in Directors or Principal Officers (form 8-K), Needham Adjusts Price Target on KVH Industries to $13 From $12, Maintains Buy Rating, Needham Adjusts KVH Industries' Price Target to $11 from $14, Keeps Buy Rating. | All Rights Reserved | Black Diamond Beauty Salon, LLC. Certain of these and other risk factors are discussed in more detail in KVHs Quarterly Report on Form 10-Q filed with the SEC on December 6, 2022. Adams faces social and monetary consequences after making racist comments online. The average market cap of the portfolio companies is close to $197 billion. Though he already owns property in New York and a multimillion-dollar villa overlooking the turquoise Caribbean waters of Peter Bay in the U.S. Virgin Islands, financier Stephen Deckoff just added another pricey bauble to his real estate portfolio. Black Diamond is a Delaware limited liability company. Agrees to Nominate Black Diamond Managing Principal Stephen Deckoff to Board of Directors at the 2023 Annual Meeting, Company Grants Black Diamond a Waiver to Purchase Up to 25% of Common Stock. In the most recent 13F filing, Black Diamond Capital Management, L.L.C revealed that it had opened a new position in 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. Following the election of Mr. Deckoff at the 2023 Annual Meeting, the KVH Board will continue to have seven directors. Stock Price data may be delayed up to 15 minutes. The Company will accept the resignation of one of its incumbent directors, which resignation will become effective at the 2023 Annual Meeting. 13% of the total holdings value. The investment fund also strengthened its position in Consumer Portfolio Svcs Inc by buying Goodwin Procter LLP served as legal counsel to KVH and Kleinberg, Kaplan, Wolff & Cohen, P.C. The principal business address of Mr. Deckoff is 5330 Yacht Haven Grande, Suite 100, St. Thomas, U.S. Virgin Islands 00802. KVH on Feb. 3 said it will support Deckoffs candidacy and will accept the resignation of one of its incumbent board members at its 2023 annual meeting to keep the panel at seven members. since December-1995. Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. Stephen Deckoff has an ownership stake in Black Diamond Capital Management, L.L.C. 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.. Stephen Deckoff cofounded Black Diamond Capital Management, which manages $9 billion in assets. On the other hand, there are companies that Black Diamond Capital Management, L.L.C is getting rid of from its portfolio. Firm. | Source: Further details regarding the annual meeting will be included in the Companys definitive proxy materials, which will be filed with the SEC and sent to all Company shareholders. It sold the previously owned 354,186 shares for $5.21 million. What Is The Potential Of Generative AI In Healthcare? Portions of this content may be copyrighted by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. The Company will accept the resignation of one of its incumbent directors, which resignation will become effective at the 2023 Annual Meeting. Black Diamond Capital Management LLC. Currently, Black Diamond Capital Management, L.L.C's portfolio is worth at least $186 million. Reflects change since 5 pm ET of prior trading day. The Real Players Of Formula One: Drive To Survive Season 5, Scott Adams Undoing: A Timeline Of The Dilbert Cartoonists Fall From Grace. Certain of these and other risk factors are discussed in more detail in KVHs Quarterly Report on Form 10-Q filed with the SEC on December 6, 2022. Deaneen is the owner and main stylist at black diamond beauty salon. 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. KVH Industries, Inc. WebStephen H. Deckoff founded Black Diamond Capital Management LLC. Actual results could differ materially from the results projected in or implied by the forward-looking statements made in this press release. served as legal counsel to Black Diamond with respect to the Agreement. of less than 5%. KVH does not assume any obligation to update forward-looking statements to reflect new information and developments. Copyright 2023 Surperformance. Stephen H. Deckoff and James E. Walker III Recommended for Election to Its Board of Directors. 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. 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). Prior to the founding of Black Diamond in 1995, Mr. Deckoff worked at Kidder, Peabody & Co., Bear Stearns, Chemical Securities and Drexel Burnham Lambert. 390,363 additional shares. 1,874,244 shares of Fs Kkr Cap Corp worth $39.2 million, Invesco Exch Traded Fd Tr Ii worth $25.4 million, with 1,150,000 shares owned, Fs Kkr Cap Corp and bought 1,874,244 shares worth $39.2 million, Consumer Portfolio Svcs Inc total 4,071,500 shares worth $48.2 million, Stocks and cryptocurrency portfolio tracker. WebMr. Contact the source provider Comtex at editorial@comtex.com. 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. and is responsible for all portfolio management and KVH is a registered trademark of KVH Industries, Inc. Issue #1 of 'Phantom Raoad' goes on sale Wednesday, March 1. 100, St. Thomas, U.S. Virgin Islands 00802. She believes that healthy hair is the base of any great hairstyle and has been known to have growing hands. Consumer Portfolio Services, Inc. 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 L.L.C. Copies are available through KVHs Investor Relations department and website, https://ir.kvh.com. For example, forward-looking statements include statements regarding execution against our strategic plan, prudent operation of our business and enhancement of long-term value. For example, forward-looking statements include statements regarding execution against our strategic plan, prudent operation of our business and enhancement of long-term value. (Black Diamond). Agrees to Nominate Black Diamond Managing Principal Stephen Deckoff to Board of Directors at the 2023 Annual Meeting, Company Grants Black Diamond a Waiver to Purchase Up to 25% of Common Stock. There are currently 15 companies in Mr. Deckoffs Agrees to Nominate Black Diamond Managing Principal Stephen Deckoff to assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. We fund these contract purchases on a long-term basis primarily through the securitization markets and service the contracts over their lives. Black They manage Deckoff is an avid skier and named Black Diamond after his hobby. Copies are available through KVHs Investor Relations department and website, https://ir.kvh.com. KVH does not assume any obligation to update forward-looking statements to reflect new information and developments. Mr. Deckoff will begin serving as a non-voting observer of the Company's Board of Directors (the "Board"). "I believe in the opportunity to create value at KVH and look forward to working with my fellow directors on behalf of all shareholders.". That involve risks and may not be suitable for everyone, 9th Floor, Stamford, Connecticut and other instruments. Plan, prudent operation of our business and enhancement of long-term value the.! @ comtex.com that healthy hair is the owner and main stylist at Black Diamond is 2187 Atlantic Street, Floor. 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