Kim Kardashian launches private equity firm

SKKY Partners venture with Carlyle veteran Jay Sammons will focus on consumer items, media and luxury

Kim Kardashian has ventured into the world of finance, launching her own private equity firm with the help of a former partner from the US powerhouse the Carlyle Group.

The billionaire reality TV star, business owner and celebrity influencer announced the move on Twitter, saying the firm, SKKY Partners, would aim to make minority investments or take controlling stakes in high-growth, market-leading consumer and media companies".