Standard General

Soohyung Kim, the firm's founder, serves as Managing Partner and Chief Investment Officer and leads all investment decisions. He heads a compact team of seven investment professionals with decades of special-situations and distressed-investing experience.

Standard General seeks control positions rather than minority stakes, allowing the firm to work directly inside portfolio companies on repositioning and operational improvements. This private equity-like engagement with public companies distinguishes it from activists that agitate for change from outside the boardroom.

No. The firm invests across the capital structure in both debt and equity securities, and shorts equities and credit to manage downside risk during volatile markets. Its mandate targets the intersection of public and private markets.

Standard General is the largest shareholder of Bally's Corporation, and Soo Kim serves as Chairman of the casino operator's board. The firm has driven Bally's strategic transformation through acquisitions and a take-private bid, making it the most visible vehicle for Standard General's control-oriented investment philosophy.

The firm focuses on middle-market public companies with dislocated valuations, not venture-stage or early-growth businesses. Standard General looks for mature enterprises where a control position allows it to address operational inefficiencies and valuation overhangs.