Carlyle senior executives will benefit from this hefty payout as well, because many own shares of the company as well as investments in the funds. In other words, they can afford to be generous. Make that offering bonus number two.
Carlyle is also paying itself back $19 million in expenses to go public. Most companies that disclose how much they spend on offering expenses spend between $1-3 million. This goes to lawyers, filing fees and the bankers. But $19 million? To themselves? That makes this the third offering bonus.
Initially Carlyle said its executives wouldn't be selling stock on the offering. Which sounds like it's really supporting the company, but as you see, they are already raking in money in so many ways that they don't need to sell their stock.
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