Keeping Up With Kim Kardashian: She and Ex-Carlyle Executive Debut PE Fund Skky Partners
Portfolio Pulse from Vandana Singh
Kim Kardashian and former Carlyle Group executive Jay Sammons have launched a private equity fund called Skky Partners, focusing on consumer brands. The fund aims to invest in 10-12 ventures in consumer and media industries, with equity ranging from $100 million to $500 million per investment.
June 08, 2023 | 3:11 pm
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Former Carlyle Group executive Jay Sammons has partnered with Kim Kardashian to launch Skky Partners, a private equity fund focusing on consumer brands.
While the news mentions Carlyle Group, it is about a former executive, Jay Sammons, partnering with Kim Kardashian to launch a new private equity fund. This is not directly related to Carlyle Group's current operations or performance, and the impact on its stock price is expected to be neutral in the short term.
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IMPORTANCE 40
RELEVANCE 50