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Company type | Hedge fund |
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Founded | 2007 |
Headquarters | , |
Key people | Soo Kim |
Website | standardgenerallp |
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.
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