Carlyle Founders Paid $137 Million Each

Jan 12 2012 | 12:34pm ET

The founders of the Carlyle Group split more than $413 million in compensation last year, the private equity giant revealed in a filing for its impending initial public offering.

William Conway, Daniel D'Aniello and David Rubenstein were paid $275,000 in salary each. Each man also took home a $3.5 million bonus—and a $134 million share of the firm's incentive fees, more than half of Carlyle's total performance fee income.

Each man also received tens of millions of dollars in distributions from their own investments in Carlyle's funds. D'Aniello received $77.6 million, Conway $70.9 million and Rubenstein $56.8 million. But they've also continued to invest even more, with Conway pouring $164 million into Carlyle funds last year, D'Aniello $98 million and Rubenstein $97 million. The three men have made further commitments totaling $490.7 million.

The filing also revealed that the $112.6 billion firm plans to list on the Nasdaq Stock Market, under the ticker symbol "CG."

Word of the Carlyle founder's huge payday comes amidst a strong period for Carlyle: It earned $589 million in economic net income during the first nine months of last year, and returned a record $15 billion to clients.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Why Is The Shipping Industry Underwater?

Jul 31 2014 | 7:31am ET

Anyone who’s taken a look at the global shipping industry recently probably knows...

 

Publisher's Note