fbpx
Big Law

Kim Kardashian Forms Private-Equity Firm to Fund Media and Consumer Brands

Kim Kardashian is adding strategic investor to her résumé — and she’s on the hunt for hot new start-up businesses to fund.

The TV personality, entrepreneur and social-media influencer has teamed up with Jay Sammons, a 16-year veteran of global investment firm Carlyle, to form private-equity firm SKKY Partners. Kardashian and Sammons will serve as co-founders and co-managing partners, and Kris Jenner (Kardashian’s mother) will serve as a partner at the firm.

SKKY Partners plans to make both controlling and minority investments in “growth-oriented, market-leading consumer and media companies,” the company announced. Its target sectors include consumer products, digital, ecommerce, consumer media and entertainment, hospitality and luxury.

Read the source article at Variety

Leave a Review or Comment

Back to top button