SKKY Companions will concentrate on investing in client and media companies, they mentioned in a tweet. Kim Kardashian will function a co-founder and co-managing companion, whereas Jay Sammons will deal with the day-to-day operations of the agency. Kris Jenner, can even be a companion on the agency.
“Collectively we hope to leverage our complementary experience to construct the following technology Shopper & Media non-public fairness agency”, mentioned the truth star turned entrepreneur in a tweet.
Kim’s enterprise companion Sammons is the previous international head of client, media and retail on the Carlyle Group, an American multinational funding agency.
His purchasers included well-known manufacturers Supreme, Beats by Dr. Dre, Vogue Worldwide, Moncler, and McDonald’s China, based on his LinkedIn web page.
The truth star, who shot to fame after showing on her household’s present “Retaining Up With the Kardashians”, has lately seen entrepreneurial success and is alleged to have a internet value of $1.8bn, based on Forbes.
She launched a shapewear label Skims in 2019 which was estimated to be value $3.2bn in January, based on The Wall Road Journal. The entrepreneur additionally launched a skin-care model SKKN BY KIM earlier this yr.
The 41-year-old is the most recent movie star to launch their very own non-public fairness and enterprise capital funding companies, following within the likes of Gwyneth Paltrow, Leonardo DiCaprio and Ashton Kutcher.