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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): March 16, 1998
NEW ENGLAND INVESTMENT COMPANIES, L.P.
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(Exact name of registrant as specified in its charter)
Delaware 1-9468 13-3405992
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
399 Boylston Street, Boston, Massachusetts 02116
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (617) 578-3500
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ITEM 5. OTHER EVENTS
New England Investment Companies, L.P. (the "Partnership") announced on
March 16, 1998, that the board of directors of its general partner has
authorized the Partnership to change its name to "Nvest, L.P." The Partnership
also announced that its affiliated operating partnership, NEIC Operating
Partnership, L.P., will change its name to "Nvest Companies, L.P." The name
changes will be effective on March 31, 1998.
The press release of the Partnership issued on March 16, 1998, relating
to the name changes is included as an exhibit to this report.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits. The following exhibit is filed with this report:
99.1. Press Release of New England Investment Companies, L.P. dated March
16, 1998, announcing the change of its name to Nvest, L.P.
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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 thereupon duly authorized.
NEW ENGLAND INVESTMENT COMPANIES, L.P.
By: New England Investment Companies, Inc.,
its general partner
Date: March 16, 1998 By:________________________________
Edward N. Wadsworth
Executive Vice President
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EXHIBIT 99.1
NEW
ENGLAND
INVESTMENT
COMPANIES, L.P.
NEWS RELEASE
FOR IMMEDIATE RELEASE
Contact: Laurence J. Dwyer 617/578-1686
Margaret-Ellen Clough 617/578-1884
NEW ENGLAND INVESTMENT COMPANIES CHANGES NAME TO NVEST, L.P.
BOSTON (March 16, 1998) -- New England Investment Companies, L.P.
announced today that it is changing its name to Nvest, L.P. (NYSE: NEW),
effective March 31, 1998. Its operating partnership will now be known as Nvest
Companies, L.P. The new name more clearly reflects the partnership's status as a
major investment manager with $125 billion in assets under management and better
positions the firm for future participation in the broader financial
marketplace.
"Our new name -- Nvest -- succinctly defines what we do as a firm:
invest assets for individual and institutional clients," said Peter S. Voss,
Chairman and Chief Executive Officer. "Since we went public through a merger
with Reich & Tang in September 1993, the partnership has changed dramatically,
adding affiliates in Chicago, Houston, Oakland and San Francisco and broadening
our product line and client base. Nvest removes the geographic limitations of
our former name and is better suited to the increasingly global nature of the
investment business."
-more-
399 Boylston Street . Boston, Massachusetts 02116 . 617-578-3500
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Nvest will continue to use NEW as its trading symbol on the New York Stock
Exchange. Nvest's 11 investment management firms will continue to use their own
business names.
Through its partnership with Nvest Companies, Nvest has 15 affiliates with
$125 billion in assets under management as of December 31, 1997. The firm's
affiliates offer a wise array of investment styles and products to institutional
and individual clients. The business units include AEW Capital Management; Back
Bay Advisors; Capital Growth Management; Financial Advisor Services; Graystone
Partners; Harris Associates; Jurika & Voyles; Loomis, Sayles & Co.; New England
Funds; Nvest Associates, Reich & Tang Capital Management; Reich & Tang Funds;
Snyder Capital Management; Vaughn, Nelson, Scarborough & McCullough; and
Westpeak Investment Advisors.
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