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) February 29, 1996
ALLIANCE CAPITAL MANAGEMENT L.P.
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(Exact name of registrant as specified in its charter)
Delaware 1-9818 13-3434400
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) 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
On February 29, 1996 Alliance Capital Management L.P.
("Partnership") acquired the business of Cursitor-Eaton Asset
Management Company and Cursitor Holdings Limited (collectively,
"Cursitor") in exchange for 1,764,115 Units, $84.9 million in cash,
notes in the aggregate principal amount of $21.5 million which are
payable ratably 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. A new subsidiary of the Partnership, Cursitor
Alliance LLC ("Cursitor Alliance"), was formed to combine Cursitor's
global asset allocation services with the Partnership's international
and global equity management, which is characterized by a stock
selection philosophy, and with the Partnership's Dimensional Trust
Management subsidiary, a manager of global small-capitalization index
funds. Senior management of Cursitor owns a minority equity interest
in Cursitor Alliance.
Item 3. BANKRUPTCY OR RECEIVERSHIP
Not applicable.
Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Not applicable.
Item 5. OTHER EVENTS
Not applicable.
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
It is impracticable to file the required financial statements of
Cursitor at this time. The required financial statements of
Cursitor will be filed as soon as practicable, but not later than
60 days after the date this report is filed.
(b) Pro Forma Financial Information
It is impracticable to file the required pro forma financial
information for the acquisition of Cursitor at this time. The
required pro forma financial information will be filed as soon as
practicable, but not later than 60 days after the date this
report is filed.
(c) Exhibits
None.
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: March 6, 1996 By: Alliance Capital Management
Corporation, General Partner
By: /s/ John D. Carifa
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John D. Carifa
President