Carlyle Founders Split $172 Million In Dividends

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.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of