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Monday, March 7, 2011

KKR co-founders got $19.5 million carried interest, (NYSE: KKR)

Private equity firm KKR & Co LP's (KKR.N) co-founders Henry Kravis and George Roberts received about $19.5 million each in carried interest during the year, according to a filing with the Securities and Exchange Commission. Carried interest is typically the 20 percent that private equity executives take from the profit made on their funds, after compensating their investors. The amounts can be large if the funds perform well. Kravis and Roberts also received salary of $300,000 last year, the filing said.

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