Standard General

Standard General L.P.
Company typeHedge fund
Founded2007; 17 years ago (2007)
Headquarters
New York City, New York
,
United States
Key people
Soo Kim
Websitestandardgenerallp.com

Standard General L.P. is an American hedge fund headquartered in New York City. It was founded in 2007 by Soohyung "Soo" Kim and Nicholas Singer with seed capital from Reservoir Capital Group. Since 2013, Soo Kim has been the Managing Partner and Chief Investment Officer.[1] In 2016 Standard General L.P. was the recipient of the New York City Comptroller's Office Diverse Practitioner Award.[2] Standard General L. P. is controlled by Standard General Management LLC which is controlled by Acme Amalgamated Holdings, LLC, which is ultimately controlled by Mr. Soohyung Kim.[1]

Standard General was active in managing the bankruptcies of Aliante Casino and Hotel, American Apparel,[3] Greektown, RadioShack[4] and Young Broadcasting.

As reported in the 2019 10K, Standard General L.P. is the largest shareholder of Bally's Corporation.

  1. ^ "Hedge Fund Rising Stars: Soohyung Kim". www.institutionalinvestor.com. Retrieved 2016-12-19.
  2. ^ "Comptroller Stringer Announces First Ever Recipients Of 'Diverse Practitioner' Awards". September 13, 2016.
  3. ^ William Alden (October 23, 2014). "Drawn to Lost Causes, Hedge Fund Seeks to Turn Them Around". The New York Times. Retrieved October 5, 2015.
  4. ^ Elizabeth A. Harris (August 19, 2014). "RadioShack in Need of Rewiring". The New York Times. Retrieved October 5, 2015.