UNITED
STATES
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
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Date
of Report (Date of earliest event reported):
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October 10,
2008
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AllianceBernstein
l.p.
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(Exact
name of registrant as specified in its
charter)
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Delaware
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000-29961
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13-4064930
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(State
or other jurisdiction of incorporation or organization)
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(Commission
File Number)
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(I.R.S.
Employer Identification
Number)
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1345
Avenue of the Americas, New York, New York
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10105
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code:
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212-969-1000
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Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligations of the registrant under any of the following
provisions:
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£
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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£
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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£
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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£
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Section
7.
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Regulation
FD
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Item
7.01.
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Regulation FD
Disclosure.
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AllianceBernstein
L.P. is furnishing a news release (“News Release”) issued on October 10, 2008,
in which it announced its preliminary assets under management as of September
30, 2008. The News Release is attached hereto as Exhibit
99.01.
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Section
9.
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Financial Statements
and Exhibits
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Item
9.01.
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Financial Statements
and Exhibits.
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(d)
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Exhibits.
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News
Release.
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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.
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AllianceBernstein
l.p.
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Dated: October
10, 2008
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By:
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/s/
Robert H. Joseph, Jr.
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Robert
H. Joseph, Jr.
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Senior
Vice President and
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Chief
Financial Officer
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EXHIBIT 99.01
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Philip
Talamo, Investor Relations
212.969.2383
ir@alliancebernstein.com
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John
Meyers, Media
212.969.2301
pr@alliancebernstein.com
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News
Release
AllianceBernstein Announces
September 30, 2008 Assets Under Management
Third
Quarter 2008 Earnings Conference Call to be Held at 5:00 P.M. (EDT) on October
22, 2008
New York, NY, October 10,
2008 –
AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P.
today reported that during the month of September, preliminary assets under
management decreased by approximately $85 billion, or 12.6%, to $590
billion at September 30, 2008, due primarily to negative investment returns as
well as net outflows in all distribution channels, concentrated in Retail and
Institutional Investments.
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ALLIANCEBERNSTEIN
L.P.
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||||||||||||||||||||
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(THE
OPERATING PARTNERSHIP)
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||||||||||||||||||||
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ASSETS
UNDER MANAGEMENT
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($
billions)
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||||||||||||||||||||
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At
September 30, 2008
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At
August 31,
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(preliminary)
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2008
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Institutional
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Private
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|||||||||||||||||||
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Investments
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Retail
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Client
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Total
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Total
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Equity
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Value
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$ | 161 | $ | 57 | $ | 34 | $ | 252 | $ | 300 | ||||||||||
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Growth
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81 | 31 | 20 | 132 | 157 | |||||||||||||||
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Total
Equity
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242 | 88 | 54 | 384 | 457 | |||||||||||||||
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Fixed
Income
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122 | 34 | 31 | 187 | 197 | |||||||||||||||
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Other(1)
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15 | 4 | - | 19 | 21 | |||||||||||||||
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Total
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$ | 379 | $ | 126 | $ | 85 | $ | 590 | $ | 675 | ||||||||||
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At
August 31, 2008
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||||||||||||||||||||
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Total
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$ | 433 | $ | 147 | $ | 95 | $ | 675 | ||||||||||||
(1)
Includes Index, Structured and Asset Allocation services.
CONFERENCE
CALL INFORMATION RELATING TO THIRD QUARTER 2008 RESULTS
OCTOBER
22, 2008 AT 5:00 P.M. (Eastern Daylight Time)
AllianceBernstein’s
management will review third quarter 2008 financial and operating results on
Wednesday, October 22, 2008, during a conference call beginning at 5:00 p.m.
(EDT),
following the release of its financial results after the close of the New York
Stock Exchange. The conference call will be hosted by Lewis A.
Sanders, Chairman and Chief Executive Officer, and Gerald M. Lieberman,
President and Chief Operating Officer.
Parties
may access the conference call by either webcast or telephone:
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1.
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To
listen by webcast, please visit AllianceBernstein’s Investor Relations
website at http://ir.alliancebernstein.com/investorrelations
at least 15 minutes prior to the call to download and install any
necessary audio software.
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2.
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To
listen by telephone, please dial (866) 556-2265 in the U.S. or (973)
935-8521 outside the U.S., 10 minutes before the 5:00 p.m. (EDT)
scheduled start time. The conference ID# is
68115800.
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The
presentation that will be reviewed during the conference call is expected to be
available on AllianceBernstein’s Investor Relations website shortly after the
release of third quarter 2008 financial results on October 22,
2008.
An audio
replay of the conference call will be made available beginning at approximately
7:00 p.m. (EDT) on October 22, 2008 and will be available for one week. To
access the audio replay, please call (800) 642-1687 from the U.S., or outside
the U.S. call (706) 645-9291, and provide conference ID#
68115800. The replay will also be available via webcast on
AllianceBernstein’s website for one week.
About
AllianceBernstein
AllianceBernstein
is a leading global investment management firm that offers high-quality research
and diversified investment services to institutional clients, individuals and
private clients in major markets around the world. AllianceBernstein
employs more than 500 investment professionals with expertise in growth
equities, value equities, fixed income securities, blend strategies and
alternative investments and, through its subsidiaries and joint ventures,
operates in more than 20 countries. AllianceBernstein’s research
disciplines include fundamental research, quantitative research, economic
research and currency forecasting capabilities. Through its
integrated global platform, AllianceBernstein is well-positioned to tailor
investment solutions for its clients. AllianceBernstein also offers independent
research, portfolio strategy and brokerage-related services to institutional
investors.
At
September 30, 2008, AllianceBernstein Holding L.P. (“Holding”) owned
approximately 33.6% of the issued and outstanding AllianceBernstein
Units. AXA Financial was the beneficial owner of approximately 62.6%
of the AllianceBernstein Units at September 30, 2008 (including those held
indirectly through its ownership of approximately 1.6% of the issued and
outstanding Holding Units) which, including the general partnership interests in
AllianceBernstein and Holding, represent an approximate 63.0% economic interest
in AllianceBernstein. AXA Financial is a wholly-owned subsidiary of
AXA, one of the largest global financial services organizations.
www.alliancebernstein.com
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Cautions
regarding Forward-Looking Statements
Certain
statements provided by management in this news release are “forward-looking
statements” within the meaning of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements are subject to risks, uncertainties,
and other factors that could cause actual results to differ materially from
future results expressed or implied by such forward-looking statements. The most
significant of these factors include, but are not limited to, the following: the
performance of financial markets, the investment performance of sponsored
investment products and separately managed accounts, general economic
conditions, future acquisitions, competitive conditions, and government
regulations, including changes in tax regulations and rates and the manner in
which the earnings of publicly traded partnerships are taxed. We caution readers
to carefully consider such factors. Further, such forward-looking statements
speak only as of the date on which such statements are made; we undertake no
obligation to update any forward-looking statements to reflect events or
circumstances after the date of such statements. For further information
regarding these forward-looking statements and the factors that could cause
actual results to differ, see “Risk Factors” in Part I, Item 1A of our 2007 Form
10-K and Part II, Item 1A of our second quarter 2008 Form 10-Q. Any or all of
the forward-looking statements that we make in this news release, Form 10-K,
Form 10-Q, other documents we file with or furnish to the SEC, and any other
public statements we issue, may turn out to be wrong. It is important to
remember that other factors besides those listed in “Risk Factors” and those
listed above could also adversely affect our revenues, financial condition,
results of operations, and business prospects.
www.alliancebernstein.com
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