Lateralus Holdings' David Shuman joins the Islanders' ownership group as a limited partner
What happened
David Shuman has joined the New York Islanders’ ownership group as a limited partner, subject to NHL approval. Shuman’s venture capital firm, Lateralus Holdings, and the team announced his minority investment on Monday. The Islanders did not disclose financial terms or what percentage Shuman is getting other than to say there will be no changes to day-to-day business and hockey operations or front office leadership.
Summary assembled by rule from the sources below