Standard General manages investments for private investment funds. They use research and analysis to find undervalued securities across different asset classes. They look for opportunities where they expect valuation discrepancies to close within a year. Standard General does not tailor its services to individual investors in the Funds, nor does it accept investor-imposed investment restrictions.
Fee Structure
Standard General manages investments for private investment funds, charging a percentage of the fund's assets. The management fee ranges from 0% to 2.0% per year, depending on the investor's choice of tranche and lockup period. For a closed-end fund, the management fee is 0.5% per year on unfunded capital and 1.5% per year on invested capital. Standard General also receives a performance-based profit allocation or fee, generally not exceeding 25% of the increase in the value of each investor’s investment, subject to a High Water Mark.