Kim Kardashian goes Into Private Equity - Upsmag - Magazine News


Kim Kardashian goes Into Private Equity

Photo: Nathan Congleton/NBC via Getty pictures

It’s that point once again: The Kardashians have actually spun their giant wheel and announced a business venture that is new. This week, Kim is going into … private equity!

Kim’s new private equity firm is called SKKY Partners — not to be confused with SKYY vodka, which I sense could open her up to yet another infringement argument. She announced the firm’s launch on Twitter, where she wrote that SKKY will be a “next generation Consumer & Media private equity firm.” She directed each follower to SKKY’s websitewhich has an homepage that is extremely skims-looking simply no other information.

Helping Kim in this endeavor that is totally populist co-founder Jay Sammons, a private-equity administrator whom recently worked at one thing called the Carlyle Group, that is evidently “one of this biggest mega-funds on earth.” (i am hoping we never discover what a mega-fund is.) Sammons could have visited Harvard company class, but elitism just isn’t truly the only factor dictating leadership that is SKKY. There is also, of course, nepotism: Kris Jenner will be a partner apparently.

Congratulations to the attorney and underwear mogul on continuing to reside out her American Dream.

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