Can Kim Kardashian save private equity? 💰

Last week, Kim Kardashian pitched her new Private Equity firm, SKYY Partners, to investors at the SuperReturn conference in Berlin. 

She is aiming to raise $1 billion, which will be deployed into 10 to 12 consumer brands. 

Limited partners can invest from $10 million into her fund, with a hurdle rate of 8% compounded annually described as “the minimum return SKYY needs before earning carried interest’. 

Investors were overflowing the room Kim was presenting in. 

Investors are looking for new creative ways to effectively deploy capital, and SKYY Partners offers them a solution. 

Besides capital, SKYY Partners can leverage the 360 million followers Kim Kardashian has on social media to help portfolio companies grow. 

It’s a huge advantage SKYY has over other private equity funds. 

'I'm excited to launch SKKY Partners to invest in the next generation of consumer brands, leveraging my experience founding and building global businesses' Kim said. 

Do you think SKYY Partners can become one of the largest Private Equity firms in the world?

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