Standard General

What is Standard General?

Standard General L.P. is a New York-based SEC-registered investment adviser established in 2007 by Managing Partner and Chief Investment Officer Soohyung Kim.

The firm operates with an investment philosophy that is event-driven and opportunistic, utilizing a private equity-like approach to investing in public companies. Standard General focuses on opportunistically investing across the capital structure in equity and debt securities, aiming to generate differentiated and uncorrelated returns. With a specific interest in mid-market companies, they seek dislocated valuations and control positions in public companies to influence outcomes and address valuation overhangs.

Their 'in the seams' strategy involves investing at the intersection of debt and equity, and between public and private markets, where competition is less intense.

Moreover, they engage in dynamic hedging through shorting equities and credit to manage risk and create alpha during market volatility. The firm manages capital for a diverse group of investors, including institutional investors, high-net-worth individuals, public and private pension plans, endowments, and foundations.

The investment team, under Soo Kim's leadership, boasts a 17-person team with seven dedicated investment professionals and extensive experience in distressed and special situations investing. Standard General's approach is to work constructively with management to reposition businesses and tackle operational inefficiencies. As of this investment firm's profile, Standard General maintains a consistency in their minimum and maximum investment amounts which is $5,290,000.