Kim Kardashian’s Social Reach Key to $1 Billion Buyout Pitch (1)

Kim Kardashian’s debut private equity fund aims to raise at least $1 billion as buyout firms grapple with one of the toughest fundraising environments in years.

The firm, SKKY Partners, has a unique asset to elevate its profile as it tries to raise that cash — the millions of fans and followers who watch Kardashian’s every move on social media.

In a fundraising pitch seen by Bloomberg, SKKY flags Kardashian’s social reach as one of the reasons it “will win.” The 42-year-old reality TV star and entrepreneur has 432 million followers on Instagram, Twitter and TikTok as well ...