Capital that Works.

FIRM OVERVIEW

Broom Ventures, LLC is an SEC-registered investment adviser founded in 2019 by Managing Partners Dan Von Kohorn and Jeff Rosen.

Broom Ventures employs an

event-driven and opportunistic strategy, taking a private equity-like approach to invest in public companies while shorting equities and credit to generate alpha and manage risk during periods of market volatility. We seek opportunities across the capital structure at the intersection of public and private markets, investing opportunistically and dynamically in debt and equity securities. We believe this approach can generate a differentiated and uncorrelated return stream.

Standard General is based in New York City and oversees assets for institutional investors, high-net-worth individuals, and employees. Soo Kim leads a diverse, highly experienced 17-person team, including seven investment professionals. The investment team has decades of experience in the financial markets, specializing in distressed and special situations investing.

INVESTMENT PHILOSOPHY

Opportunistic

We are event-driven and opportunistic, seeking companies with dislocated valuations where we believe we can help resolve issues that create a valuation overhang.

Mid-Market Focus

We believe the best risk-adjusted returns can be found in the middle markets, where there is less competition, and it is easier to enact change.

Investing “In the Seams”

To isolate attractive investment opportunities, we look “in the seams,” at the intersection of debt and equity, as well as the intersection of public and private markets, where there is less competition.

Seeking Influence

We target control positions in public companies, as this provides access to better information and the ability to work constructively with management to reposition businesses and address operational inefficiencies.

Dynamic Hedging

We short equities and credit to generate alpha and dynamically hedge our portfolio during periods of market volatility.

LEADERSHIP

LEADERSHIP

Soo Kim

SOO KIM

Managing Partner, CIO

Mr. Kim is the Firm’s Managing Partner and Chief Investment Officer. He has worked in the hedge fund industry since 1997, specializing in distressed and special situations investing. Prior to founding Standard General in 2007, he was one of the Founding Partners and Director of Research of Cyrus Capital Partners, a Principal at Och-Ziff Capital Management and an analyst at the Bankers Trust Company. Mr. Kim currently serves as Chairman of the Board of Directors of Bally’s Corporation (NYSE: BALY). He also serves as a Director of Pursuit Transformation Company, a Director and Treasurer of the Cary Institute of Ecosystem Studies, a Director of Wethersfield Foundation, and the former President of the Stuyvesant High School Alumni Association. Mr. Kim was inducted into the GAMCO Investment Management Hall of Fame in 2016 and won American Executive of the Year at the Global Gaming Awards in 2021. He holds an A.B. from the Woodrow Wilson School of Public and International Affairs at Princeton University.



Broom Ventures is an early-stage that specializes in venture capital, growth equity and blockchain fund investments across the technology and healthcare sectors.

Focus on early stage venture capital, growth equity and blockchain fund investments

Raise modest size funds to avoid dilution of returns from second tier managers

Concentrate capital allocations with difficult to access top-tier managers

Structure fund to provide limited partners with early liquidity in three to five years

Mitigate risk through thoughtful portfolio construction and diversify funds across industry, stage, and vintage year

Target emerging managers selectively

Selectively make direct co-investments that are accretive to our fund’s strategy

Develop independent opinions on investment themes and managers and be willing to act with conviction

Strengthen GP relationships by being an engaged, value-add partner