ML TECHNOLOGY VENTURES LP
8-K, 1999-09-22
COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH
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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

Date of Report (Date of earliest event reported):  September 22, 1999



                          ML TECHNOLOGY VENTURES, L.P.
- -------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


Delaware                                                              13-3213176
- -------------------------------------------------------------------------------
(State or other jurisdiction of           (I.R.S. Employer Identification No.)
incorporation or organization)


World Financial Center, North Tower
New York, New York                                                    10281-1326
- ------------------------------------------------------------------------------
(Address of principal executive offices)                              (Zip Code)


Registrant's telephone number, including area code:  (212) 449-1000



<PAGE>




                          ML TECHNOLOGY VENTURES, L.P.


Item 5.  Other Events.

In September  1999,  MLR&D Co., L.P.,  the General  Partner of the ML Technology
Ventures,  L.P.,  approved a cash  distribution  totaling $460,627 to be paid to
Partners  in October  1999.  Limited  Partners of record on October 1, 1999 will
receive  $414,564,  or $6 per  unit of  limited  partnership  interest,  and the
General Partners will receive $46,063.








                                   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 hereunto duly authorized.


ML Technology Ventures, L.P.

By:      ML R&D Co., L.P.
         its General Partner

By:      Merrill Lynch R&D Management Inc.
         its General Partner

By:      /s/        Diane T. Herte                     Date:  September 22, 1999
         ---------------------------------                   ------------------
         Diane T. Herte
         Vice President and Treasurer
         (Principal Financial and Accounting Officer)




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