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Standard General L.P. 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]
- 2007; 16 years ago
- Hedge fund
- Soo Kim
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Standard General L.P. | 464 followers on LinkedIn. Headquartered in New York, NY, Standard General L.P. was founded in 2007 by Managing Partner and Chief Investment Officer Soohyung (“Soo ...
May 23, 2023 · Tegna last year agreed to be taken private by Standard General in a deal valued at $8.6 billion, including debt. At the time, the acquisition was expected to close in the second half of 2022.
Feb 22, 2022 · Media-focused investment firm Standard General has reached a deal to buy TV broadcaster Tegna Inc., one of the last remaining large publicly held station groups, for $8.6 billion. The transaction, which is subject to shareholder and regulatory approvals, is expected to close in the second half of 2022.
May 8, 2023 · Standard General was founded in 2007 and manages capital for public and private pension funds, endowments, foundations, and high-net-worth individuals. Standard General is a minority-controlled ...
Feb 27, 2023 · The FCC sent the $8.6 billion takeover of 64 TV stations by Standard General, a private equity company, to an administrative law judge for review. The deal was criticized by unions and the News Guild-CWA for raising prices and job losses. The FCC said it was concerned about the public interest and the impact on retransmission fees and newsroom jobs.
