Kim Kardashian Launching Private Equity Firm

Kim Kardashian is keeping herself busy with her business after her shocking split with Pete Davidson. She has now revealed that she is all set to start her own private equity company, SKKY Partners, with Jay Sammons, a former executive with Carlyle Group.

The group’s investments will be concentrated in the hospitality, media, and consumer goods sectors. Kris Jenner will also be joining as a partner, according to a statement posted by Kardashian on Instagram on Wednesday.

Kardashian wrote in the caption of the post,

“I’m pleased to announce the launch of @SKKYPartners with private equity veteran Jay Sammons as co-founder and co-managing partner, along with @krisjenner who will serve as partner at our firm.

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Together we hope to leverage our complementary expertise to build the next generation Consumer & Media private equity firm. For more information, visit SKKY.com and follow us at @skkypartners on social media.”

Sammons worked for the Carlyle Group for 16 years, and during that time he made several significant investments in well-known companies like Supreme and Beats by Dre. He contacted Kim with the idea for SKKY and has long been a friend of the entire Kardashian family.

Kardashian has her own experience with several business ventures. In addition to starting her own beauty line, KKW Beauty, she also founded the $3 billion fashion and shapewear clothing company Skims.

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