Kim Kardashian Private Equity Firm SKKY Partners Launched

Kardashian and Sammons will serve as co-founders and co-managing partners, and Kris Jenner (Kardashian’s mother) will serve as a partner at the firm.

Kris Jenner will be a partner at the firm, which also counts Carlyle Group veteran Jay Sammons as a co-founder.

The new firm to be launched by Kardashian and Jay Sammons will be named SKKY Partners

The firm will make investments in sectors including consumer products, hospitality, luxury, digital commerce and media

SKKY plans to make both control and minority investments in companies

The Kardashians, including Jenner, have already established themselves with products in the cosmetics and clothing sectors

Kim Kardashian has gained success in her recent business ventures such as shapewear label Skims and makeup brand KKW due to their popularity with young shoppers

Skims was valued at $3.2 billion in January.