Schedule 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )

 

 

BankUnited, Inc.

(Name of Issuer)

 

 

Common Stock

(Title of Class of Securities)

06652K103

(CUSIP Number)

December 31, 2011

(Date of Event which Requires filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


SCHEDULE 13G   Page 1 of 17

 

CUSIP No. 06652K103  

 

  1   

NAMES OF REPORTING PERSONS

 

DBD Cayman Holdings, Ltd.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY

 

  4  

CITIZEN OR PLACE OF ORGANIZATION

 

    Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    7,568,158

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    7,568,158

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    7,568,158

10

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

    Not Applicable

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

    7.7%

12

 

TYPE OF REPORTING PERSON

 

    OO (Cayman Islands Exempt Company)


SCHEDULE 13G   Page 2 of 17

 

CUSIP No. 06652K103  

 

  1   

NAMES OF REPORTING PERSONS

 

DBD Cayman, Ltd.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY

 

  4  

CITIZEN OR PLACE OF ORGANIZATION

 

    Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    7,568,158

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    7,568,158

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    7,568,158

10

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

    Not Applicable

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

    7.7%

12

 

TYPE OF REPORTING PERSON

 

    OO (Cayman Islands Exempt Company)


SCHEDULE 13G   Page 3 of 17

 

CUSIP No. 06652K103  

 

  1   

NAMES OF REPORTING PERSONS

 

TCG Holdings Cayman II, L.P.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY

 

  4  

CITIZEN OR PLACE OF ORGANIZATION

 

    Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    7,568,158

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    7,568,158

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    7,568,158

10

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

    Not Applicable

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

    7.7%

12

 

TYPE OF REPORTING PERSON

 

    PN


SCHEDULE 13G   Page 4 of 17

 

CUSIP No. 06652K103  

 

  1   

NAMES OF REPORTING PERSONS

 

TC Group Cayman Investment Holdings, L.P.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY

 

  4  

CITIZEN OR PLACE OF ORGANIZATION

 

    Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    7,568,158

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    7,568,158

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    7,568,158

10

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

    Not Applicable

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

    7.7%

12

 

TYPE OF REPORTING PERSON

 

    PN


SCHEDULE 13G   Page 5 of 17

 

CUSIP No. 06652K103  

 

  1   

NAMES OF REPORTING PERSONS

 

Carlyle Financial Services, Ltd.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY

 

  4  

CITIZEN OR PLACE OF ORGANIZATION

 

    Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    6,152,974

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    6,152,974

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    6,152,974

10

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

    Not Applicable

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

    6.3%

12

 

TYPE OF REPORTING PERSON

 

    OO (Cayman Islands Exempt Company)


SCHEDULE 13G   Page 6 of 17

 

CUSIP No. 06652K103  

 

  1   

NAMES OF REPORTING PERSONS

 

TCG Financial Services, L.P.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY

 

  4  

CITIZEN OR PLACE OF ORGANIZATION

 

    Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    6,152,974

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    6,152,974

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    6,152,974

10

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

    Not Applicable

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

    6.3%

12

 

TYPE OF REPORTING PERSON

 

    PN

 


SCHEDULE 13G   Page 7 of 17

 

CUSIP No. 06652K103  

 

  1   

NAMES OF REPORTING PERSONS

 

Carlyle Financial Services BU, L.P.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY

 

  4  

CITIZEN OR PLACE OF ORGANIZATION

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    6,152,974

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    6,152,974

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    6,152,974

10

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

    Not Applicable

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

    6.3%

12

 

TYPE OF REPORTING PERSON

 

    PN

 


SCHEDULE 13G   Page 8 of 17

 

CUSIP No. 06652K103  

 

  1   

NAMES OF REPORTING PERSONS

 

TC Group CSP II, L.L.C.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY

 

  4  

CITIZEN OR PLACE OF ORGANIZATION

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    1,415,184

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    1,415,184

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    1,415,184

10

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

    Not Applicable

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

    1.4%

12

 

TYPE OF REPORTING PERSON

 

    OO (Limited Liability Company)

 


SCHEDULE 13G   Page 9 of 17

 

CUSIP No. 06652K103  

 

  1   

NAMES OF REPORTING PERSONS

 

CSP II General Partner, L.P.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY

 

  4  

CITIZEN OR PLACE OF ORGANIZATION

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    1,415,184

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    1,415,184

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    1,415,184

10

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

    Not Applicable

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

    1.4%

12

 

TYPE OF REPORTING PERSON

 

    PN

 


SCHEDULE 13G   Page 10 of 17

 

CUSIP No. 06652K103  

 

  1   

NAMES OF REPORTING PERSONS

 

Carlyle Strategic Partners II, L.P.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY

 

  4  

CITIZEN OR PLACE OF ORGANIZATION

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    1,367,645

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    1,367,645

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    1,367,645

10

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

    Not Applicable

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

    1.4%

12

 

TYPE OF REPORTING PERSON

 

    PN

 


SCHEDULE 13G   Page 11 of 17

 

CUSIP No. 06652K103  

 

  1   

NAMES OF REPORTING PERSONS

 

CSP II Coinvestment, L.P.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY

 

  4  

CITIZEN OR PLACE OF ORGANIZATION

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    47,539

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    47,539

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    47,539

10

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

    Not Applicable

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

    0.0%

12

 

TYPE OF REPORTING PERSON

 

    PN

 


SCHEDULE 13G   Page 12 of 17

 

ITEM 1.   (a)    Name of Issuer:      
     BankUnited, Inc. (the “Issuer”)      
  (b)    Address of Issuer’s Principal Executive Offices:      
    

14817 Oak Lane

Miami Lakes, FL 33016

     
ITEM 2.   (a)    Name of Person Filing:      
    

Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons.” This statement is filed on behalf of:

 

DBD Cayman Holdings, Ltd.

DBD Cayman, Ltd.

TCG Holdings Cayman II, L.P.

TC Group Cayman Investment Holdings, L.P.

Carlyle Financial Services, Ltd.

TCG Financial Services, L.P.

Carlyle Financial Services BU, L.P.

TC Group CSP II, L.L.C.

CSP II General Partner, LP

Carlyle Strategic Partners II, L.P.

CSP II Coinvestment, L.P.

     
  (b)    Address or Principal Business Office:      
    

The address for each of Carlyle Financial Services BU, L.P., TC Group CSP II, L.L.C., CSP II General Partner, LP, Carlyle Strategic Partners II, L.P. and CSP II Coinvestment, L.P. is c/o The Carlyle Group, 1001 Pennsylvania Ave. NW, Suite 220 South, Washington, D.C. 20004-2505.

     
    

The address for each of DBD Cayman Holdings, Ltd., DBD Cayman, Ltd., TCG Holdings Cayman II, L.P., TC Group Cayman Investment Holdings, L.P., Carlyle Financial Services, Ltd. and TCG Financial Services, L.P. is c/o Walker House, 87 Mary Street, George Town, Grand Cayman KY1-9001, Cayman Islands

     
  (c)    Citizenship of each Reporting Person is:      
    

Each of Carlyle Financial Services BU, L.P., TC Group CSP II, L.L.C., CSP II General Partner, LP, Carlyle Strategic Partners II, L.P. and CSP II Coinvestment, L.P. is organized in the state of Delaware.

 

Each of DBD Cayman Holdings, Ltd., DBD Cayman, Ltd., TCG Holdings Cayman II, L.P., TC Group Cayman Investment Holdings, L.P., Carlyle Financial Services, Ltd. and TCG Financial Services, L.P. is organized in the Cayman Islands.

     
  (d)    Title of Class of Securities:      
     Common stock, par value $0.01 per share (“Common Stock”).      
  (e)    CUSIP Number:      
     06652K103      
ITEM 3.     
  Not applicable.   


SCHEDULE 13G   Page 13 of 17

 

ITEM 4.    Ownership      
Ownership (a-c)      

The ownership information presented below represents beneficial ownership of common stock of the Issuer as of December 31, 2011, based upon 97,700,829 shares of Common Stock outstanding as of December 31, 2011.

 

Reporting Person   

Amount

beneficially

owned

    

Percent

of class:

   

Sole
power
to vote or
direct the

vote:

     Shared
power to
vote or to
direct the
vote:
    

Sole
power to
dispose or
to direct
the
disposition

of:

    

Shared

power to

dispose or

to direct

the

disposition

of:

 

DBD Cayman Holdings, Ltd.

     7,568,158         7.7     0         7,568,158         0         7,568,158   

DBD Cayman, Ltd.

     7,568,158         7.7     0         7,568,158         0         7,568,158   

TCG Holdings Cayman II, L.P.

     7,568,158         7.7     0         7,568,158         0         7,568,158   

TC Group Cayman Investment Holdings, L.P.

     7,568,158         7.7     0         7,568,158         0         7,568,158   

Carlyle Financial Services, Ltd.

     6,152,974         6.3     0         6,152,974         0         6,152,974   

TCG Financial Services, L.P.

     6,152,974         6.3     0         6,152,974         0         6,152,974   

Carlyle Financial Services BU, L.P.

     6,152,974         6.3     0         6,152,974         0         6,152,974   

TC Group CSP II, L.L.C.

     1,415,184         1.4     0         1,415,184         0         1,415,184   

CSP II General Partner, L.P.

     1,415,184         1.4     0         1,415,184         0         1,415,184   

Carlyle Strategic Partners II, L.P.

     1,367,645         1.4     0         1,367,645         0         1,367,645   

CSP II Coinvestment, L.P.

     47,539         0.0     0         47,539         0         47,539   

Carlyle Financial Services BU, L.P. (“Carlyle BU”), Carlyle Strategic Partners II, L.P. (“Strategic”) and CSP II Coinvestment, L.P. (“Coinvestment”) are the record holders of 6,152,974, 1,367,645 and 47,539 shares of Common Stock, respectively. TCG Financial Services, L.P. is the general partner of Carlyle BU. Carlyle Financial Services, Ltd. is the general partner of TCG Financial Services, L.P. CSP II General Partner, LP is the general partner of Strategic and Coinvestment. TC Group CSP II, LLC is the general partner of CSP II General Partner, LP. TC Group Cayman Investment Holdings, L.P. is the sole shareholder of Carlyle Financial Services, Ltd. and the managing member of TC Group CSP II, LLC. TCG Holdings Cayman II, L.P. is the general partner of TC Group Cayman Investment Holdings, L.P. DBD Cayman, Ltd. is the general partner of TCG Holdings Cayman II, L.P. DBD Cayman Holdings, Ltd. is the sole shareholder of DBD Cayman, Ltd.

DBD Cayman Holdings, Ltd. is controlled by its ordinary members, and all action relating to the voting or disposition of the Common Stock owned by Carlyle BU, Strategic and Coinvestment requires the approval of a majority of the ordinary members. William E. Conway, Jr., Daniel A. D’Aniello and David M. Rubenstein are the ordinary members of DBD Cayman Holdings, Ltd. and, in such capacity, may be deemed to share beneficial ownership of Shares beneficially owned by DBD Cayman Holdings, Ltd. Such individuals expressly disclaim any such beneficial ownership.

 

ITEM 5.    Ownership of Five Percent or Less of a Class   
   Not applicable.   
ITEM 6.    Ownership of More than Five Percent on Behalf of Another Person      
   Not applicable.      
ITEM 7.    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
   Not applicable
ITEM 8.    Identification and Classification of Members of the Group      
   Not applicable.      
ITEM 9.    Notice of Dissolution of Group      
   Not applicable.      
ITEM 10.    Certification      
   Not applicable.      


SCHEDULE 13G   Page 14 of 17

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 14, 2012

 

DBD Cayman Holdings, Ltd.
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member
DBD Cayman, Ltd.
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member
TCG Holdings Cayman II, L.P.
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member
TC Group Cayman Investment Holdings, L.P.
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member


SCHEDULE 13G   Page 15 of 17

 

Carlyle Financial Services, Ltd.
by: TC Group Cayman Investment Holdings, L.P., its sole shareholder
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member
TCG Financial Services, L.P.
by: Carlyle Financial Services, Ltd., its general partner
by: TC Group Cayman Investment Holdings, L.P., its sole shareholder
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member
Carlyle Financial Services BU, L.P.
by: TCG Financial Services, L.P., its general partner
by: Carlyle Financial Services, Ltd., its general partner
by: TC Group Cayman Investment Holdings, L.P., its sole shareholder
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member


SCHEDULE 13G   Page 16 of 17

 

TC Group CSP II, L.L.C.
by: TC Group Cayman Investment Holdings, L.P., its managing member
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member
CSP II General Partner, L.P.
by: TC Group CSP II, L.L.C., its general partner
by: TC Group Cayman Investment Holdings, L.P., its managing member
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member
Carlyle Strategic Partners II, L.P.
by: CSP II General Partner, L.P., its general partner
by: TC Group CSP II, L.L.C., its general partner
by: TC Group Cayman Investment Holdings, L.P., its managing member
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member


SCHEDULE 13G   Page 17 of 17

 

CSP II Coinvestment, L.P.
by: CSP II General Partner, L.P., its general partner
by: TC Group CSP II, L.L.C., its general partner
by: TC Group Cayman Investment Holdings, L.P., its managing member
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member


LIST OF EXHIBITS

 

Exhibit
No.

  

Description

24    Power of Attorney
99    Joint Filing Agreement
Power of Attorney

Exhibit 24

POWER OF ATTORNEY

The undersigned understands that, from time to time, the Carlyle Companies (defined below) are required to prepare, execute and file certain federal and state securities laws filings.

Know all by these presents, that the undersigned hereby constitutes and appoints each of Curt Buser, Jeff Ferguson, David Pearson, Catherine Ziobro, R. Rainey Hoffman, Joanne Cosiol, Monica Harris, Jeremy Anderson, Bruno De Gusmao, Ann Siebecker, Andrea Pekala, Tom Mayrhofer, David Willich, Glen Goold, Orit Mizrachi, John Beczak, Rick Kappler, Matt LoRusso, Rob Konigsberg, Katey Bogue, James Sloan, or any of them signing singly, and with full power of substitution, the undersigned’s true and lawful attorney-in-fact to:

(1) prepare, execute in the name of each Carlyle Company and on behalf of each Carlyle Company, and submit to the U.S. Securities and Exchange Commission (the “SEC”) a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of Forms D (“Form D”) required to be filed in accordance with Rule 503 (“Rule 503”) promulgated with respect to Sections 4(2), 4(6) and 3(b) of the Securities Act of 1933 (the “1933 Act”) and reports required by Sections 13(d) and 16(a) of the Securities Exchange Act of 1934 (the “1934 Act”) or any rule or regulation of the SEC;

(2) prepare and execute for and on behalf of each Carlyle Company, in the undersigned’s capacity as a Managing Director, authorized person, officer and/or director of each Carlyle Company, federal and state securities laws filings including without limitation Forms D pursuant to Rule 503 and Schedules 13D and 13G and Forms 3, 4, and 5 in accordance with Sections 13(d) and 16(a) of the 1934 Act and the rules thereunder;

(3) do and perform any and all acts for and on behalf of each Carlyle Company which may be necessary or desirable to complete and execute any such federal and state securities laws filings including without limitation Forms D, Schedules 13D and 13G and Forms 3, 4, and 5, complete and execute any amendment or amendments thereto, and timely file such form with the SEC and the securities administrators of any state, the District of Columbia, the Commonwealth of Puerto Rico, Guam and the United States Virgin Islands or their designees and any stock exchange or similar authority; and

(4) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.


The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted, whether the same needs to be executed, taken or done by him in his capacity as a current or former member, partner, shareholder, director or officer of any company, partnership, corporation, organization, firm, branch or other entity connected with, related to or affiliated with any of the entities constituting the Carlyle Companies or entities that directly or indirectly hold interests in the Carlyle Companies.

The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming any of the undersigned’s responsibilities to comply with federal and state securities laws, including without limitation Rule 503 of the 1933 Act or Section 13 and Section 16 of the 1934 Act.

This Power of Attorney and all authority conferred hereby shall not be terminated by operation of law, whether by the death or incapacity of the undersigned or by occurrence of any other event. Actions taken by an attorney-in-fact pursuant to this Power of Attorney shall be as valid as if any event described in the preceding sentence had not occurred, whether or not the attorney-in-fact shall have received notice of such event. Notwithstanding the foregoing, (i) in the event that an attorney-in-fact is no longer employed by The Carlyle Group Employee Co., L.L.C. or its affiliates, this Power of Attorney and all authority conferred hereby shall be immediately terminated with respect to such Attorney, and (ii) the undersigned may terminate or revoke this Power of Attorney at any time.

For purposes hereof, the “Carlyle Companies” shall consist of: (i) TWC Virginia, Inc., a Delaware corporation, TC Group, L.L.C., a Delaware limited liability company, TC Group Cayman, L.P., a Cayman Islands exempted limited partnership, TC Group Investment Holdings, L.P., a Delaware limited partnership and TC Group Cayman Investment Holdings, L.P., a Cayman Islands exempted limited partnership; (ii) their respective owners, including without limitation TCG Holdings, L.L.C., a Delaware limited liability company, TCG Holdings Cayman, L.P., a Cayman Islands exempted limited partnership, TCG Holdings II, L.P., a Delaware limited partnership, TCG Holdings Cayman II, L.P., a Cayman Islands exempted limited partnership, TCG Employee Co., L.L.C., a Delaware limited liability company, Carlyle Offshore Partners II, Ltd., a Cayman Islands exempted company with limited liability, Carlyle Offshore Partners II Holdings, Ltd., a Cayman Islands exempted company with limited liability, DBD Investors V, L.L.C., a Delaware limited liability company, DBD Investors V Holdings, L.L.C., a Delaware limited liability company, DBD Cayman, Ltd., a Cayman Islands exempted company with limited liability and DBD Cayman Holdings, Ltd., a Cayman Islands exempted company with limited liability; and (iii) the subsidiaries and affiliates of the foregoing in clauses (i) and (ii), including without limitation investment funds sponsored directly or indirectly by one or more of the Carlyle Companies.


IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 11th day of February, 2011.

 

/s/ David M. Rubenstein

Name:   David M. Rubenstein
Joint Filing Agreement

Exhibit 99

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with each other on behalf of each of them of such a statement on Schedule 13G with respect to the Common Stock beneficially owned by each of them of BankUnited, Inc., a Delaware Corporation. This Joint Filing Agreement shall be included as an Exhibit to such Schedule 13G.

IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement as of the 14th day of February, 2012.

 

DBD Cayman Holdings, Ltd.
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member
DBD Cayman, Ltd.
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member
TCG Holdings Cayman II, L.P.
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member
TC Group Cayman Investment Holdings, L.P.
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member


 

Carlyle Financial Services, Ltd.
by: TC Group Cayman Investment Holdings, L.P., its sole shareholder
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member
TCG Financial Services, L.P.
by: Carlyle Financial Services, Ltd., its general partner
by: TC Group Cayman Investment Holdings, L.P., its sole shareholder
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member
Carlyle Financial Services BU, L.P.
by: TCG Financial Services, L.P., its general partner
by: Carlyle Financial Services, Ltd., its general partner
by: TC Group Cayman Investment Holdings, L.P., its sole shareholder
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member


 

TC Group CSP II, L.L.C.
by: TC Group Cayman Investment Holdings, L.P., its managing member
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member
CSP II General Partner, L.P.
by: TC Group CSP II, L.L.C., its general partner
by: TC Group Cayman Investment Holdings, L.P., its managing member
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member
Carlyle Strategic Partners II, L.P.
by: CSP II General Partner, L.P., its general partner
by: TC Group CSP II, L.L.C., its general partner
by: TC Group Cayman Investment Holdings, L.P., its managing member
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member


 

CSP II Coinvestment, L.P.
by: CSP II General Partner, L.P., its general partner
by: TC Group CSP II, L.L.C., its general partner
by: TC Group Cayman Investment Holdings, L.P., its managing member
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
by:  

/s/ Ann Siebecker, attorney-in-fact

Name:   David M. Rubenstein
Title:   Ordinary Member