Kim Kardashian and a former partner at Carlyle Group Jay Sammons are launching a new private equity firm named SKKY Partners. They will both serve as co-founders and co-managing partners with Sammons leading day-to-day operations
Sept 7 - Reality television star and entrepreneur Kim Kardashian and a former partner at Carlyle Group Inc
The new firm, named SKKY Partners, will make investments in sectors including consumer products, hospitality, luxury, digital commerce and media, and plans to make both control and minority investments. Kardashian has gained success in her recent business ventures such as shapewear label Skims and makeup brand KKW due to their popularity with young shoppers and the TV personality's huge social media following. Skims was valued at $3.2 billion in January.
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