Kim Kardashian Starts Private Equity Firm With Carlyle Partner

Kim Kardashian is the latest celebrity to try her hand at private equity investing, joining with longtime Carlyle Group Inc. executive Jay Sammons to start a new firm.

Skky Partners will focus on investments in the consumer and media industry, with Kardashian and Sammons serving as co-founders and co-managing partners. Kardashian’s mother, Kris Jenner, will also be a partner at the firm, according to a Skky statement on Wednesday.

WATCH: Kim Kardashian’s latest business venture is an entry into Private Equity. Dani Burger reports.

Source: Bloomberg

The pair will bring to the venture “a long history of investing capabilities and experience of working with high-growth brands that are disruptors,” Sammons said in an interview.

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