The three Carlyle founders receive $800m last year

Money Roll

The three founders of the private equity giant Carlyle Group received more than $800m combined in 2014, a regulatory filing on Thursday showed.

The New York Times reports that the cash haul for David M. Rubenstein, Daniel A. D’Aniello and William E. Conway Jr., who founded Carlyle in 1987, included dividends, base salary and profits from their personal investments in and alongside Carlyle’s funds. It also included the return of the capital they had invested, although Carlyle does not separately disclose that figure.

All told, the roughly $803.1m that the three men received surpassed the $750m they received in 2013. The bump showed how Carlyle continued to generate prodigious amounts of cash last year, even as energy-related investments weighed on its profitability in the fourth quarter.

To access the complete New York Times article hit the link below:

Carlyle’s 3 Founders Got $800 Million Haul in 2014

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