FORM 13F
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: SEPTEMBER 30, 1999
Check here if Amendment [ ]: Amendment Number: ___________
This Amendment (Check only one):
/ / Is a reinstatement.
/ / Adds new holdings entities.
INSTITUTIONAL INVESTMENT MANAGER FILING THIS REPORT:
Name: NOMURA ASSET CAPITAL CORPORATION
Address: 2 WORLD FINANCIAL CENTER, BUILDING B, NEW YORK, NY 10281-1198
______________________________________________________________________________
Form 13F File Number: 28-04989________________________________________________
The Institutional Investment manager filing this report and the person by
whom it is signed hereby represent that the person signing the report is
authorized to submit it, that all information contained herein is true,
correct and complete, and that it is understood that all required items,
statements, schedules, lists, and tables, are considered integral parts of
this form.
PERSON SIGNING THIS REPORT ON BEHALF OF REPORTING MANAGER:
Name: GREGORY P. GNALL
Title: DIRECTOR
Phone: 212-667-1711
SIGNATURE, PLACE AND DATE OF SIGNING:
\S\ GREGORY P. GNALL__________________________________________________________
(Signature)
NEW YORK, NEW YORK____________________________________________________________
(City, State)
NOVEMBER 9, 1999______________________________________________________________
(Date)
REPORT TYPE (CHECK ONLY ONE):
/ / 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
X 13F NOTICE. (Check here if no holdings repeated are in this report, and all
holdings are reported by other reporting manager(s).)
/ / 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting managers.)
LIST OF OTHER MANAGERS REPORTING FOR THIS MANAGER. (IF THERE ARE NO ENTITIES IN
THIS LIST, OMIT THIS SECTION.)
Form 13F File Number: 28-04979
Name: NOMURA SECURITIES COMPANY, LTD.
<PAGE>
FORM 13F SUMMARY PAGE
REPORT SUMMARY:
Number of Other Included Managers:
NONE
Form 13F Information Table Entry Total:
_______________________________________________________________________________
Form 13F Information Table Value Total:
$ __________________(thousands)
List of Other Included managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of
all institutional investment managers with respect to which this report is
filed, other than the manager filing this report. (If there are no entries
in this list, state "NONE" and omit the column headings and list entries.)
No. ___________________________________________________________________________
Form 13F File Number 28-______________________________________________________
Name _________________________________________________________________________
(Repeat as necessary.)
