Carlyle Founders See Big Payday in 2011

Founders of private equity firm Carlyle Group have had a great payday as a result of the firm's record performance in 2011 and are set to gain even more as it prepares for an initial public offering, Reuters reported Tuesday. The billionaire founders, William Conway, Daniel D'Aniello and David Rubenstein, received $134 million each in cash distributions and $3.8 million in executive compensation, according to regulatory filings.

North AmericaUSBriefs