Kim Kardashian’s private equity firm is struggling. It’s hit a fundraising dilemma. She managed to turn Skims into a $4 billion brand.
She wants to build the next generation of wealth with Skky Partners, her new private equity firm. However, it hasn’t worked to her advantage. Keep on reading to learn more.
Kim Kardashian – Started Private Equity Firm
In October 2023, Kim Kardashian announced the launch of her private equity firm, Skky Partners. The Skims founder was riding high off the success of her loungewear brand.
Kim founded Skky Partners with her business partner, Jay Sammons, who is also a veteran of Carlyle. She was inspired to create a portfolio of companies that don’t have a famous last name.
“People will really understand that this is a serious fund,” Kim Kardashian told Fortune.
The Hulu star has been very serious about this venture. Around the time, she dyed…