Hollywood Star & Entrepreneur Kim Kardashian & Former Carlyle Partner Launches Private Equity Firm SKKY Partners to Invest in Consumer & Media Businesses
8th September 2022 | Hong Kong
Hollywood Star, entrepreneur & billionaire Kim Kardashian and a former Partner at top private equity firm Carlyle Group Jay Sammons are launching a private equity firm SKKY Partners to invest in consumer & media businesses (consumer products, hospitality, luxury, digital commerce & media). Both Kim Kardashian & Jay Sammons are co-founcers & co-managing partners. Kim Kardashian, SKKY Partners Co-Founder and Co-Managing Partner: “ I’m excited to launch SKKY Partners to invest in the next generation of consumer brands, leveraging my experience founding and building global businesses and partnering with innovative companies to help them grow. I look forward to working closely with Jay and our team to identify distinctive investment opportunities and build the firm’s portfolio of world class companies for our investors.” SKKY Partners Co-Founder and Co-Managing Partner Jay Sammons: “I have been privileged to spend my career partnering with the founders and leaders of some of the most influential and culturally groundbreaking consumer brands of our time. Now, in partnership with Kim and Kris, I look forward to building SKKY into the leading private equity firm that backs the next generation of innovative, disruptive consumer businesses and brands. Kim Kardashian with her business KKW Beauty and popular shapewear firm Skims, is a billionaire with an estimated fortune of more than $1.8 billion. More info of SKKY Partners below.
“ Hollywood Star & Entrepreneur Kim Kardashian & Former Carlyle Partner Launches Private Equity Firm SKKY Partners to Invest in Consumer & Media Businesses “
SKKY Partners is a private equity firm founded by Kim Kardashian and Jay Sammons that focuses on both control and minority investments in high-growth, market-leading consumer and media companies. The company’s target sectors include consumer products, digital & e-commerce, consumer media & entertainment, hospitality and luxury. SKKY Partners was established in 2022.
Established in 2022, SKKY Partners will utilize the unique and complementary backgrounds of its Founders to accelerate value creation in a portfolio of high-growth consumer and media businesses. As the founder of multiple businesses valued over $1 billion and one of the most recognized and followed women in the world, Kim Kardashian has established herself as a highly accomplished, influential business leader with an unmatched ability to identify and define culture, and she will leverage these experiences to drive the origination of SKKY’s investment opportunities, develop the team and create value in the portfolio. Jay Sammons has spent the last two decades investing in many of the world’s most well-known consumer brands, including over 16 years at Carlyle. In his most recent role as Carlyle’s Global Head of Consumer, Media and Retail, Jay developed a reputation for his ability to partner with founders and business builders in high-growth consumer and media companies to create lasting value, often through exits to market-leading strategic acquirers. He will lead the day-to-day operations of the firm, including originating investment opportunities, managing the team and driving performance in the portfolio. Kris Jenner, who has overseen the development of her family’s multi-billion-dollar collection of businesses, will also partner with the team to identify and pursue differentiated investment opportunities, and to drive strategy, impact and value.
Further information on SKKY Partners is available at www.skky.com as well as @skkypartners on Instagram and Twitter