Kim Kardashian and a former partner at Carlyle Group are launching a new private-equity firm focused on investing in and building consumer and media businesses.

Ms. Kardashian is teaming up with Jay Sammons, who ran consumer investing at Carlyle, to launch SKKY Partners, they said in separate interviews. SKKY will make investments in sectors including consumer products, hospitality, luxury, digital commerce and media as well as consumer-media and entertainment businesses.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Vaccine Sales Lift Pfizer’s Quarterly Results

Pfizer Inc. PFE 0.77% said it expects its Covid-19 vaccine to generate…

The cruel truth is Brexit’s broken promises provide less independence, not more

Life for the United Kingdom outside the European Union begins Friday. This…

$750,000 Homes in Pennsylvania, Arizona and North Carolina

Villanova, Pa. | $750,000 An 1870 Colonial Revival house with four bedrooms…

Fox’s Revenue Rises as Ad Sales Improve

Fox Corp. , parent of Fox News and the Fox broadcast network,…