Kim Kardashian Launches SKKY Partners Private Equity Firm to Help Aspiring Entrepreneurs

usmagazine.com:

Getting her ass to work. Kim Kardashian has added another business venture to her ever-growing resume: SKKY Partners.The Kardashians star, 41, launched the private equity firm with Jay Sammons, a former partner at Carlyle Group Inc.

The dynamic duo have teamed up to make investments in consumer products, hospitality, luxury, digital commerce and media as well as consumer-media and entertainment businesses, per the Wall Street Journal.According to the brand’s first Instagram post, which was uploaded on Wednesday, September 7, Kardashian and Sammons’ equity group “focuses on both control and minority investments in high-growth, market-leading consumer and media companies.” In the photo, the reality star channeled her inner Steve Jobs in a sleek black turtleneck, while her business partner stood beside her in a suit.Kardashian also celebrated the new development via social media on Wednesday, writing, “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.

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.”Along with the Skims CEO, Sammons approached Kris Jenner to join SKKY Partners. “Having built businesses themselves as true entrepreneurs is a very differentiated approach,” he told the Wall Street Journal of the mother-daughter duo.The firm will assist budding entrepreneurs in transforming their visions into successful brands. “The exciting part is to sit down with these founders and figure out what their dream is,” Kardashian