SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) December 28, 1995
ALLIANCE CAPITAL MANAGEMENT L.P.
(Exact name of registrant as specified in its charter)
Delaware 13-3434400
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
1345 Avenue of the Americas, New York, New York 10105
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(Address of principal executive offices) (Zip Code)
212-969-1000
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(Registrant's telephone number including area code)
Item 1. CHANGES IN CONTROL OF REGISTRANT
Not applicable.
Item 2. ACQUISITION OR DISPOSITION OF ASSETS
Not applicable.
Item 3. BANKRUPTCY OR RECEIVERSHIP
Not applicable.
Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Not applicable.
Item 5. OTHER EVENTS
Alliance Capital Management L.P. ("Partnership") has entered into
an agreement to acquire the business of Cursitor-Eaton Asset Manage-
ment Company and Cursitor Holdings Limited (collectively, "Cursitor"),
for an aggregate value of $141.5 million consisting of 1,764,115 Units
and cash, part of which cash will be payable over the next four years,
and substantial additional consideration which will be determined at a
later date.
Cursitor, an international investment management firm with
offices in London, Paris and Boston, manages approximately $10 billion
in assets for both U.S. and non-U.S. institutions, mainly pension
plans. Cursitor's investment style is global asset allocation:
investing client funds in stocks or bonds of the world's principal
capital markets. The acquisition of Cursitor will result in the
formation of a new subsidiary of the Partnership which will be called
Cursitor Alliance LLC. It will combine Cursitor's global asset
allocation services with the Partnership's international and global
equity management, which is characterized by a stock selection philos-
ophy, and with the Partnership's Dimensional Asset Management subsid-
iary, a manager of global small-capitalization index funds. Senior
management of Cursitor will retain a minority interest in Cursitor
Alliance.
The transaction is subject to the receipt of consents, regulatory
approvals and certain other closing conditions, including client
approval of the transfer of Cursitor accounts.
Item 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS
Not applicable.
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Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Businesses Acquired
Not applicable.
(b) Pro Forma Financial Information
Not applicable.
(c) Exhibits
Not applicable.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
ALLIANCE CAPITAL MANAGEMENT L.P.
Dated: January 15, 1996 By: Alliance Capital Management Corporation,
General Partner
By: /s/ John D. Carifa
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John D. Carifa
President and Chief Operating Officer
3295kv