Saturday, 27 December 2014
Last updated 3 days ago
Mar 18 2013 | 2:06pm ET
Life leading a public company is proving lucrative for the Carlyle Group's founders.
David Rubenstein, William Conway and Daniel D'Aniello each received $57.3 million in dividends. The private equity giant went public last spring; the three men each own 15.4% of the Washington, D.C.-based company.
With such rich dividends—and huge returns on their investments in Carlyle funds—the Carlyle chiefs felt they could do without the $3.5 million bonus they've gotten in previous years. The three were each paid $281,250 in executive compensation, down from the $137.8 million they were paid in 2011.
Conway received $140.1 million in returns and distributions from his Carlyle investments last year, D'Aniello $80 million and Rubenstein $78.1 million.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.