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Kim Kardashian Starts Private Equity Firm With Carlyle Partner

  • Jay Sammons was head of consumer, media and retail at Carlyle
  • Skky Partners will focus on consumer, media investments
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WATCH: Kim Kardashian’s latest business venture is an entry into Private Equity. Dani Burger reports.Source: Bloomberg

Kim Kardashian is the latest celebrity to try her hand at private equity investing, joining with longtime Carlyle Group Inc. executive Jay Sammons to start a new firm. 

Skky Partners will focus on investments in the consumer and media industry, with Kardashian and Sammons serving as co-founders and co-managing partners. Kardashian’s mother, Kris Jenner, will also be a partner at the firm, according to a Skky statement on Wednesday.