DIGNITY PARTNERS INC
8-K, 1997-06-11
FINANCE SERVICES
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                       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



                                   June 9, 1997

        ---------------------------------------------------------------
                Date of Report (Date of earliest event reported)



                             DIGNITY PARTNERS, INC.
        ================================================================
             (Exact name of registrant as specified in its charter)



Delaware                       0-27736                        94-3165263
- ---------------               ---------------                -----------
(State of other               (Commission                    (IRS Employer
jurisdiction of               File Number)                   Identification
incorporation)                                               No.)


           1700 Montgomery Street, Suite 250, San Francisco, CA 94111
    -----------------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)


       Registrant's telephone number, including area code: (415)394-9467


<PAGE>


Item 5.  Other Events.
======================

                  On June 9, 1997, the Company issued a press release announcing
completion of stock repurchase program, re-election of two directors, 
name change and NASDAQ trading symbol change. The press
release is filed herewith as Exhibit 99.1.



Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.
============================================================================
(c)      Exhibits

                  99.1       Text of Press Release dated June 9, 1997.





<PAGE>



                                   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.

                                                     DIGNITY PARTNERS, INC.
                                                     ======================

                                                     By /s/Alan B. Perper
                                                     -------------------------
                                                     Alan B. Perper
                                                     President

Date:  June 9, 1997



<PAGE>


                                  EXHIBIT INDEX
                                  =============

====================== ================================ =======================
Exhibit Number          Document Description             Sequential
                                                         Page Number
==============          =====================            ============

====================== ================================ =======================
    99.1                Text of Press Release dated
                        June 09, 1997.                           1
====================== ================================ =======================
====================== ================================ =======================










Exhibit 99.1
- ------------                                   FOR IMMEDIATE RELEASE
                                               ---------------------
                                               June 9, 1997
                                               ------------


     DIGNITY  PARTNERS  ANNOUNCES   COMPLETION  OF  STOCK  REPURCHASE   PROGRAM,
     --------------------------------------------------------------------------
RE-ELECTION OF TWO DIRECTORS, NAME CHANGE AND NASDAQ TRADING SYMBOL CHANGE
- --------------------------------------------------------------------------
     SAN FRANCISCO -- (June 9, 1997) Dignity Partners,  Inc. (NASDAQ: DPNR) (the

"Company")  today  reported  that the  Company  completed  its share  repurchase

program.   The  Company   repurchased   a  total  of   1,038,500   shares  at  a

weighted-average price of $2.77.

         At its annual  stockholders'  meeting held today,  the  stockholders of

Dignity Partners,  Inc.  re-elected Alan B. Perper and Paul A. Volberding to the

Board of Directors. The stockholders also approved an amendment to the Company's

certificate of incorporation to change the Company's name from Dignity Partners,

Inc. to Point West Capital  Corporation.  The Company anticipates that effective

July 1, 1997,  the Company's  NASDAQ Trading Symbol will be changed from DPNR to

PWCC.

(KEYWORD CALIFORNIA AND INDUSTRY KEYWORD: INSURANCE EARNINGS).
- -------------------------------------------------------------
CONTACTS:
- ---------
DIGNITY PARTNERS, INC., SAN FRANCISCO.
- --------------------------------------
Alan B. Perper, 415/394-9467
- -----------------------------

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