Kim Kardashian launches her private equity fund: SKKY Partners

Star of a reality TV series that bears her family name, Kim Kardashian is diversifying her activities and launching a private equity fund with a former Carlyle employee. His goal ? Make its first major investment by the end of 2023.

Kim Kardashian became known through the release of a sex tape in the early 2000s. Following a court case over the rights to this video, the Kardashian family signed a first deal with the American channel E!, signing the debut of a reality TV series that has become iconic: Keeping up with the Kardashians. This production made its television debut in 2007 and is still broadcast today on Hulu and Disney+.

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From make-up to private equity with SKKY Partners, the diversification of Kim Kardashian’s activities

The secret to the longevity of this reality TV icon turned billionaire is the diversification of her activities. The young woman was not content with her series broadcast all over the world. She was able to bounce back and build a crazy career from an event that many consider embarrassing.

Kim Kardashian quickly set foot in fashion and cosmetics by first launching a collection, with her sisters, for the Sears brand. She then released her own makeup brand KKW Beauty. In 2019, Kim Kardashian also launched an underwear brand: Skims.

The reality TV star plays a lot with her image which allows her to appear in fashion shows, with the greatest fashion designers, like Jean-Paul Gaultier, but also in cinema, on television and even to release the book. Selfish. Today, she is embarking on a new adventure with SKKY Partners.

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All about SKKY Partners, the investment fund of Kim Kardashian and Jay Simmons

Kim Kardashian has therefore announced the launch of her private equity fund, SKKY Partners. It will not be a solo adventure since she is accompanied by Jay Simmons, a former Carlyle who notably invested in the clothing brand Supreme. He is co-founder and co-managing partner with Kim Kardashian. They will also be joined by the mother of the star of the small screen, Kris Jenner, who will be a partner.

The private equity fund SKKY Partners has announced that it will approach institutional investors very soon and wishes to make its first investments by the end of the year. Kim Kardashian wishes to bring her experience and know-how to the young shoots she will support with this fund. She even specifies wall street journal that what excites her about this job is to sit alongside entrepreneurs to better understand their dreams. The young entrepreneur also explains in her tweet that she wants to combine her expertise and that of Jay Simmons in order to create the ” new generation Consumer & Media private equity fund” , just that !

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