Kim Kardashian And Kris Jenner Enters The Industry Of Business Venture

Kim Kardashian And Kris Jenner Enters The Industry Of Business Venture

Kim Kardashian and Jay Sammons have teamed up to launch a private equity firm, SKKY Partners, where Kris Jenner will serve as a partner. The endeavor’s goal is to “leverage our complementary expertise.”

The SKIMS and SKKN founder, Kim Kardashian West, has joined forces with former Carlyle Group partner Jay Sammons to launch a private equity firm titled SKKY Partners. Kardashian West took to Twitter to break the news of her latest business venture—and gave insight into what their company will be offering.

“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 a 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.” Kim said.

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Kris Jenner, Jay, and Kim Kardashian are all ecstatic about their latest team-up and have expressed plenty of excitement over the prospect.

On September 8, Kris Jenner announced to her Twitter account, “So proud, honored and excited to be a part of this!”

Jay, who reportedly brought the idea to Kim and Kris this year, highlighted The Kardashians stars’ entrepreneurial experience while reflecting on the venture.

According to the Wall Street Journal, “Having built businesses themselves as true entrepreneurs is a very differentiated approach.” Jay said.

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Sources: E! News, Wall Street Journal

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