Standard General L.P.
Overview
Standard General L.P. is a hedge fund based in New York City, focusing on distressed and special situations investments in both public and private markets. The firm primarily invests in media, telecommunications, consumer products, and retail sectors, employing strategies to identify undervalued or distressed assets and implement value-creation plans. Established in 2007 by Soohyung 'Soo' Kim and Nicholas Singer, Standard General has a history of managing significant corporate restructurings, including those of Aliante Casino and Hotel, American Apparel, Greektown, RadioShack, and Young Broadcasting. The firm is known for its expertise in turnaround investing, aiming to revitalize companies through strategic interventions. As of 2019, Standard General was the largest shareholder of Twin River Worldwide Holdings, now known as Bally's Corporation. The firm's investment approach combines fundamental and quantitative analysis to create portfolios that address mispriced securities, with a focus on distressed debt and special situations.
Investment Focus
- Opportunistic investments in distressed and special situations assets
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Standard General L.P.
What sectors does Standard General L.P. invest in?
Standard General L.P. invests in Telecommunications, Media, Retail and Consumer Products, and is based in New York, United States. Standard General L.P. is listed as a hedge fund in the ConnectSafely investor database.
What stage does Standard General L.P. invest at?
Standard General L.P. backs companies at Turnaround and Distressed.
Which regions does Standard General L.P. invest in?
Standard General L.P. invests across United States.
What companies has Standard General L.P. invested in?
Standard General L.P.'s portfolio includes American Apparel, RadioShack, Bally's Corporation, Aliante Casino and Hotel, Greektown and Young Broadcasting.
Last updated · Source: ConnectSafely investor database
