Despite having a high-profile celebrity at the helm, Kim Kardashians private equity firm has kept a lot of its work under wraps.
The reality TV star launched SKKY Partners in September 2022 alongside Jay Sammonsformerly a director at the likes of skin care and cosmetics brands Philosophy, headphone maker Beats by Dre and Compana Pets.
The pair have since recruited an illustrious line-up of talent, bringing their total headcount to nearly a dozen.
Speaking to Bloomberg, Sammons said that no matter how big the company may get it will always make diversity a priority.
The former Carlyle Partner, who specialized in consumer, retail and media explained: Kim and I have both experienced the power of diverse teams and highly inclusive cultures that bring the most impactful and creative thinking out of everyone.
Its the right way to make the best decisions, and the way we are building SKKY is no different.
The business said it hopes to employ 15 people by the end of the year, already having six women on board with some in executive roles.
Kardashian stressed to Bloomberg that the businesswhich has two members of staff that identify as LGBQThas an incredibly diverse team and dynamic culture, adding: Weve made a lot of headway in only a few months and are looking forward to seeing our first investments come to life.
In January the business appointed Kaitlin May as COO according to Bloomberg, who previously worked for Putnam Investments and Apollo Global Management. May joins Brittany Serafino, who joined from L Catterton, and former Bain Capital employee Zachary Litner as Vice Presidents.
Recruits also include associates Riyanka Ganguly, formerly at Blackstone Inc. and Ashley Baxter, who had been with growth investment firm Stripes.
Mark Urso, formerly of Petra Funds Group, is the director of finance while Permiras David Brisske now serves as managing director.
The firm is specializing in brands that echo the Skims founders own success, hunting for talent in the consumer products and media industry.
Whats on a Kardashians CV?
Kardashian, estimated to be worth around $1.2billion, has built brands from shapewear retailer Skims to cosmetics line KKW Beauty and high-end skincare brand SKKN by Kim.
Her famous family includes Good American co-founder Khloe Kardashian, millionaire beauty mogul Kylie Jenner and tequila brand owner and model Kendall Jenner.
In September 2022 Kardashian, who is also training to be a lawyer, told Good Morning America she had been blessed with successful businesses and wanted other people to have the same satisfaction from seeing a concept through from start to finish.
She added: I really just want to help other companies and businesses. [Im] partnering with Jay Sammons who knows a lot of the financial side, and me giving the input on how to really grow and expand your business.
In the same interview, Kardashian sought to highlight her focus on diversity, saying a new underwear launch at Skims had focused on women of all ages, sizes and career paths.
Every woman needs a [bra] and there are so many different types of women, she said. We just wanted to highlight so many different women. That was probably one of my favorite campaigns to shoot.
