SKKY Partners - Kim K

She's a billionaire. If you were a run of the mill PE partner, why wouldn't you want to jump at this opportunity especially if your focus is consumer. 

Analyst 2 in IB - Cov

Haven't seen a thread about this but want to hear some thoughts. Read that David Brisske from Permira is headed.

How is she pulling people of this caliber? Are you a bull or a bear?

He is a principal - probably got a promotion?

Anyone have background on him?

Bull for sure

This guy really asked "how is she pulling people of this caliber?"

Heard the bonus is you get to sniff her booty instead of receiving cash. I'll pass.

Perhaps you should ask how she was able to "pull" Jay Sammons (Head of Consumer/Retail/Media at Carlyle); I think it's quite obvious the benefits Kim K could bring to investments in their target sector(s).

damn kim K is smart as shit

Well, for one, it isn't just Kim "pulling" these hires in; the other partner in the firm who is going to almost certainly be running the day to day is the former head of Carlyle consumer and has a good rep on the street. But more generally, economics at mega funds suck compared to smaller startup funds if those funds can meet two basic criteria: (1) raising significant assets and (2) are willing to give carry. Kim has enormous raising + buzz generating potential, and they're almost certainly giving these early hires significant carry. The financial delta versus being a relatively junior carry holder at permira is probably pretty significant. This is all aside from the fact that it's pretty smart to pair someone with the brand reach of Kim with a smart investment team in the consumer space; the thesis makes a lot of sense at a fund level.