UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)
Alliance Capital Management L.P.
(Name of Issuer)
Units Representing Assignments of Beneficial
Ownership of Limited Partnership Interest
(Title of Class of Securities)
018548107
(CUSIP Number)
Joanne T. Marren, Vice President, 787 Seventh Avenue,
New York, New York 10019 (212) 554-2431
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
With a copy to:
Christianne Butte, Head of Central Legal Department
AXA, 40, rue de Colisee
75008 Paris, France
011-331-40-75-57-45
September 14, 1994
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject
of this Schedule 13D, and is filing this schedule because of
Rule 13d-1(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with the
statement [ ].
(Continued on following pages)
(Page 1 of 28)
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 2 of 28 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |AXA |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 47,642,058 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 59.2% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| | |
| |HC |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 3 of 28 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Midi Participations |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 47,642,058 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 59.2% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |HC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 4 of 28 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Finaxa |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 47,642,058 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 59.2% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |HC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 5 of 28 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |AXA Assurances I.A.R.D. Mutuelle |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [X] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 47,642,058 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 59.2% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| | IC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 6 of 28 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |AXA Assurances Vie Mutuelle |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [X] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 47,642,058 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 59.2% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 7 of 28 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Uni Europe Assurance Mutuelle |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [X] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 47,642,058 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 59.2% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 8 of 28 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Alpha Assurances Vie Mutuelle |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [X] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 47,642,058 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 59.2% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 9 of 28 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Alpha Assurances I.A.R.D. Mutuelle |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [X] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 47,642,058 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 59.2% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 10 of 28 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Claude Bebear, as a Trustee |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |00 |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |Citizen of France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 47,642,058 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 59.2% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IN |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 11 of 28 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Patrice Garnier, as a Trustee |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |00 |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |Citizen of France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 47,642,058 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 59.2% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IN |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 12 of 28 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Henri de Clermont-Tonnerre, as a Trustee |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |00 |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |Citizen of France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 47,642,058 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 59.2% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IN |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 13 of 28 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |The Equitable Companies Incorporated |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| |13-3623351 |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |New York |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | 47,642,058 |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | 47,642,058 |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 47,642,058 |
| | |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 59.2% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| | HC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 14 of 28 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |The Equitable Life Assurance Society of the United States |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| |13-5570651 |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |WC |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |New York |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | 47,642,058 |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | 47,642,058 |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 47,642,058 |
| | |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 59.2% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 15 of 28 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Equitable Holding Corporation |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| |22-2766036 |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |Delaware |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | 11,904,270 |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | 11,904,270 |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 11,904,270 |
| | |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 15.2% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |HC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 16 of 28 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Equitable Investment Corporation |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| |13-2694412 |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |New York |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | 11,900,000 |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | 11,900,000 |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 11,900,000 |
| | |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 15.2% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
|--|HC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 17 of 28 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |ACMC, Inc. |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| |13-2677213 |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |Delaware |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | 33,471,500 |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | 33,471,500 |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 33,471,500 |
| | |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 42.9% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |CO |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 18 of 28 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Equitable Capital Management Corporation |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| |13-3266813 |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |Delaware |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | 11,900,000 |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | 11,900,000 |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 11,900,000 |
| | |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 15.2% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |CO |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
This Amendment No. 2 amends and supplements the
Statement on Schedule 13D initially filed on August 4, 1992
with the Securities and Exchange Commission, by AXA, Midi
Participations, Finaxa, the Mutuelles AXA and Claude Bebear,
Patrice Garnier and Henri de Clermont-Tonnerre, as Trustees
of a Voting Trust, and Amendment No. 1 to the Schedule 13D
filed on July 29, 1993, by AXA, Midi Participations, Finaxa,
the Mutuelles AXA, the Trustees, The Equitable Companies
Incorporated, The Equitable Life Assurance Society of the
United States, Equitable Holding Corporation, Equitable
Investment Corporation, ACMC, Inc., and Equitable Capital
Management Corporation (together the "Schedule 13D"), which
Schedule 13D relates to units representing assignments of
beneficial ownership of limited partnership interests
("Units") of Alliance Capital Management L.P., a Delaware
limited partnership ("Alliance"). Unless otherwise
indicated, each capitalized term used but not defined herein
shall have the meaning assigned to such term in the Schedule
13D.
This Amendment No. 2 is being filed in connection with
certain transactions by Alliance with respect to the sale of
Units to third parties causing a change in the number of
Units outstanding, resulting a change in the percentage of
ownership of the Units by the Reporting Persons to 59.2%.
In addition, On May 6, 1994, Equitable purchased $50 million
of a Class B Limited Partnership Interest in Alliance
convertible into 2,266,288 Units upon approval of Alliance
unitholders.
Item 3. Source and Amount of Funds or Other
Consideration.
The response set forth in Item 3 of the Schedule 13D is
hereby amended and supplemented by the following
information:
On May 6, 1994, Equitable and Alliance entered into a
Contribution Agreement ("Contribution Agreement") whereby in
exchange for a Class B Limited Partnership Interest in
Alliance, Equitable contributed to the capital of Alliance
$50 million in cash. The Class B Limited Partnership Units
will be converted into 2,266,288 Units upon approval of
Alliance unitholders.
The Contribution Agreement is being filed as Exhibit 21
hereto and is hereby incorporated by reference in this
statement and any description thereof contained in this
statement is qualified in its entirety by reference to such
Exhibit.
Page 19 of 28
<PAGE>
Item 4. Purpose of Transaction.
The response set forth in Item 4 of the Schedule 13D is
hereby amended and supplemented by the following
information:
The purpose of the transaction with respect to the
purchase by Equitable of the Class B Limited Partnership
Interest, pursuant to the Contribution Agreement, was to
provide Alliance with additional capital to take advantage
of growth opportunities and strategic global alliances and
to finance sales of shares of mutual funds for which
Alliance is the investment adviser.
Item 5. Interest in the Securities of the Issuer.
The response set forth in the first paragraph of Item 5
of the Schedule 13D is hereby amended and restated in its
entirety as follows:
(a)-(b). Equitable beneficially owns directly a
Class B Limited Partnership Interest in Alliance which is
convertible into 2,266,288 Units representing 2.8% of the
Units outstanding. ACMC beneficially owns directly
33,471,500 Units representing 42.9% of the Units
outstanding. ECMC beneficially owns directly 11,800,000
Units and a Class A Limited Partnership Interest convertible
initially into 100,000 Units, together representing 15.2% of
the Units outstanding. Equitable, ACMC and ECMC have the
sole power to vote or direct the vote and the sole power to
dispose or direct the disposition of each of their
respective Units. In addition, as of September 9, 1994,
Donaldson, Lufkin & Jenrette Securities Corporation ("DLJ"),
an indirect wholly-owned subsidiary of Equitable Holding,
may be deemed, directly and indirectly, to be the beneficial
owner of 4,270 Units, acquired solely for investment
purposes on behalf of client discretionary accounts. By
reason of its ownership interest in ECMC, EIC may be deemed
to beneficially own indirectly, and to have voting and
dispositive power with respect to, the 11,800,000 Units and
the Class A Limited Partnership Interest owned by ECMC,
representing 15.2% of the Units outstanding. By reason of
its ownership interest in ECMC and DLJ, EHC may be deemed to
own, indirectly, and to have voting and dispositive power
with respect to the 11,800,000 Units and the Class A Limited
Partnership Interest owned by ECMC and the 4,270 Units held
in DLJ client discretionary accounts representing 15.2% of
the Units outstanding. By reason of its ownership interest
in ACMC, ECMC and DLJ, Equitable may be deemed to
beneficially own indirectly, and to have voting and
dispositive power with respect to, the 33,471,500 Units
owned by ACMC, the 11,800,000 Units and the Class A Limited
Partnership Interest convertible into 100,000 Units owned by
ECMC, the 4,270 Units acquired on behalf of client
Page 20 of 28
<PAGE>
discretionary accounts by DLJ which, including the Class B
Limited Partnership Interest convertible into 2,266,288
Units owned by Equitable, represents 59.2% of the Units
outstanding. By reason of its ownership interest in ACMC,
ECMC, DLJ and Equitable, Equitable Holding may be deemed to
beneficially own indirectly, and to have voting and
dispositive power with respect to, the 33,471,500 Units
owned by ACMC, the 11,800,000 Units and the Class A Limited
Partnership Interest convertible into 100,000 Units owned by
ECMC, the Class B Limited Partnership Interest convertible
into 2,266,288 Units owned by Equitable and the 4,270 Units
acquired on behalf of client discretionary accounts by DLJ,
representing 59.2% of the Units outstanding.
Item 6. Contracts, Understandings, Relationships With
Respect to the Securities of the Issuer.
The response set forth in Item 6 of the Schedule 13D is
hereby amended and supplemented by the following
information:
On May 6, 1994 Equitable and Alliance entered into a
Contribution Agreement whereby Equitable contributed $50
million to the capital of Alliance in exchange for the Class
B Limited Partnership Interest. The conversion of the Class
B Limited Partnership Interest is governed by the terms of
the Contribution Agreement.
Item 7. Material to be Filed as Exhibits.
Exhibit 21 Contribution Agreement dated May 6, 1994,
between Alliance Capital Management L.P.
and The Equitable Life Assurance Society
of the United States, filed as Exhibit 2
to Alliance's Report on Form 10-Q for the
quarter ended March 31, 1994, and
incorporated herein by reference.
13101
Page 21 of 28
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Date: September 16, 1994
AXA*
By: /s/Joanne T. Marren
Name: Joanne T. Marren
Title: Attorney-in-Fact
_______________________________
* Pursuant to the Powers of Attorney with respect to
Schedule 13D (filed as Exhibit 18 to the Schedule 13D),
granted by AXA, Midi Participations, Finaxa, AXA Assurances
I.A.R.D. Mutuelle, AXA Assurances Vie Mutuelle, Uni Europe
Assurance Mutuelle, Alpha Assurances Vie Mutuelle, Alpha
Assurances I.A.R.D. Mutuelle, and Claude Bebear, Patrice
Garnier and Henry de Clermont-Tonnerre, as Trustees under
the Voting Trust Agreement, this amendment to statement on
Schedule 13D is filed on behalf of each of them.
Page 22 of 28
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Date: September 16, 1994
THE EQUITABLE COMPANIES
INCORPORATED
By: /s/Joanne T. Marren
Name: Joanne T. Marren
Title: Vice President
Page 23 of 28
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Date: September 16, 1994
EQUITABLE HOLDING CORPORATION
By: /s/ Edward J. Hayes
Name: Edward J. Hayes
Title: President
Page 24 of 28
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Date: September 16, 1994
EQUITABLE INVESTMENT CORPORATION
By: /s/Joanne T. Marren
Name: Joanne T. Marren
Title: Senior Vice President
Page 25 of 28
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Date: September 16, 1994
THE EQUITABLE LIFE ASSURANCE
SOCIETY OF THE UNITED STATES
By: /s/Joanne T. Marren
Name: Joanne T. Marren
Title: Vice President
Page 26 of 28
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Date: September 16, 1994
ACMC, INC.
By: /s/ Louis M. Ocone
Name: Louis M. Ocone
Title: Executive Vice
President
Page 27 of 28
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Date: September 16, 1994
EQUITABLE CAPITAL MANAGEMENT
CORPORATION
By: /s/ Louis M. Ocone
Name: Louis M. Ocone
Title: Executive Vice
President
18909
Page 28 of 28
<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1 )
Alliance Capital Management L.P.
(Name of Issuer)
Units Representing Assignments of Beneficial
Ownership of Limited Partnership Interest
(Title of Class of Securities)
018548107
(CUSIP Number)
Joanne T. Marren, Vice President, 787 Seventh Avenue,
New York, New York 10019 (212) 554-2431
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
With a copy to:
Christianne Butte, Head of Central Legal Department
AXA, 45, rue de Chateaudun
75009 Paris, France
011-331-44-53-61-17
July 22, 1993
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject
of this Schedule 13D, and is filing this schedule because of
Rule 13d-1(b)(3) or (4), check the following box [X].
Check the following box if a fee is being paid with the
statement [ ].
(Continued on following pages)
(Page 1 of 122)
(Exhibits begin on page 32)
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 2 of 122 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |AXA |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 45,397,570 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 63.7% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| | |
| |HC |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 3 of 122 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Midi Participations |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 45,397,570 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 63.7% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |HC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 4 of 122 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Finaxa |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 45,397,570 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 63.7% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |HC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 5 of 122 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |AXA Assurances I.A.R.D. Mutuelle |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [X] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 45,397,570 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 63.7% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| | IC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 6 of 122 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |AXA Assurances Vie Mutuelle |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [X] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 45,397,570 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 63.7% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 7 of 122 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Uni Europe Assurance Mutuelle |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [X] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 45,397,570 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 63.7% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 8 of 122 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Alpha Assurances Vie Mutuelle |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [X] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 45,397,570 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 63.7% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 9 of 122 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Alpha Assurances I.A.R.D. Mutuelle |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [X] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 45,397,570 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 63.7% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 10 of 122 Pages|
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Claude Bebear, as a Trustee |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |00 |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |Citizen of France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 45,397,570 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 63.7% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IN |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 11 of 122 Pages|
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Patrice Garnier, as a Trustee |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |00 |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |Citizen of France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 45,397,570 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 63.7% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IN |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 12 of 122 Pages|
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Henri de Clermont-Tonnerre, as a Trustee |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |00 |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |Citizen of France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 45,397,570 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 63.7% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IN |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 13 of 122 Pages|
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |The Equitable Companies Incorporated |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| |13-3623351 |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |New York |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | 45,397,570 |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | 45,397,570 |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 45,397,570 |
| | |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 63.7% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| | HC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 14 of 122 Pages|
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Equitable Holding Corporation |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| |22-2766036 |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |Delaware |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | 11,900,670 |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | 11,900,670 |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 11,900,670 |
| | |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 16.7% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |HC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 15 of 122 Pages|
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Equitable Investment Corporation |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| |13-2694412 |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |New York |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | 11,900,670 |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | 11,900,670 |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 11,900,670 |
| | |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 16.7% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |HC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 16 of 122 Pages|
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |The Equitable Life Assurance Society of the United States |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| |13-5570651 |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |New York |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | 45,397,570 |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | 45,397,570 |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 45,397,570 |
| | |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 63.7% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 17 of 122 Pages|
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |ACMC, Inc. |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| |13-2677213 |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |00 |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |Delaware |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | 33,471,500 |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | 33,471,500 |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 33,471,500 |
| | |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 47.0% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |CO |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 18 of 122 Pages|
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Equitable Capital Management Corporation |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| |13-3266813 |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |00 |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |Delaware |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | 11,900,000 |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | 11,900,000 |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 11,900,000 |
| | |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 16.7% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IA |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
This Amendment No. 1 amends and supplements the
Statement on Schedule 13D originally filed on August 4, 1992
with the Securities and Exchange Commission (the "Schedule
13D"), by AXA, Midi Participations, Finaxa, AXA Assurances
I.A.R.D. Mutuelle, AXA Assurances Vie Mutuelle, Uni Europe
Assurance Mutuelle, Alpha Assurances Vie Mutuelle, Alpha
Assurances I.A.R.D. Mutuelle, and Claude Bebear, Patrice
Garnier and Henri de Clermont-Tonnerre, as Trustees of a
Voting Trust pursuant to a Voting Trust Agreement dated as
of May 12, 1992, by and among AXA and the Trustees, which
Schedule 13D relates to units representing assignments of
beneficial ownership of limited partnership interests
("Units") of Alliance Capital Management L.P., a Delaware
limited partnership ("Alliance"). Unless otherwise
indicated, each capitalized term used but not defined herein
shall have the meaning assigned to such term in the Schedule
13D.
This Amendment No. 1 supersedes the filing on Schedule
13G of Amendment No. 3 by The Equitable Companies
Incorporated and its subsidiaries dated February 10, 1993
with respect to beneficial ownership of Units.
This Amendment No. 1 is filed in connection with the
acquisition of certain Units by Equitable Capital Management
Corporation and ACMC, Inc. The Schedule 13D is hereby
amended as follows:
Item 2. Identity and Background.
The response set forth in Item 2 of the Schedule 13D is
hereby amended and supplemented by the following
information:
(a)-(c), (f). This statement is being filed by AXA,
Midi Participations, Finaxa, the Mutuelles AXA, the
Trustees, The Equitable Companies Incorporated, a Delaware
corporation ("Equitable Holding"), The Equitable Life
Assurance Society of the United States, a New York stock
life insurance company ("Equitable"), Equitable Holding
Corporation, a Delaware Corporation ("EHC"), Equitable
Investment Corporation, a New York Corporation ("EIC").
ACMC, Inc., a Delaware Corporation ("ACMC"), and Equitable
Capital Management Corporation, a Delaware Corporation
("ECMC"). AXA, Midi Participations, Finaxa, the Mutuelles
AXA, the Trustees, Equitable Holding, Equitable, EHC, EIC,
ACMC and ECMC are hereinafter collectively referred to as
the "Reporting Persons".
ECMC is a wholly-owned subsidiary of EIC, which is in
turn wholly-owned by EHC, which is in turn wholly-owned by
Equitable. ACMC is a wholly-owned subsidiary of Equitable.
Page 19 of 122
<PAGE>
Equitable is a wholly-owned subsidiary of Equitable Holding.
Equitable is a diversified financial services organization
serving a broad spectrum of insurance, investment management
and investment banking customers. ECMC, ACMC, EIC, EHC and
Equitable Holding are holding companies. The address of the
principal business and principal office of Equitable
Holding, Equitable, EHC, EIC, ACMC and ECMC is 787 Seventh
Avenue, New York, New York 10019.
The name, business address, citizenship, present
principal occupation or employment, and the name, principal
business and address of any corporation or other
organization in which such employment is conducted, of each
of the executive officers and directors of AXA, Midi
Participations, Finaxa, each of the Mutuelles AXA, Equitable
Holding, Equitable, EHC, EIC, ACMC and ECMC is set forth in
Schedules A, B, C, D, E, F, G, H, I, J, K, L, M and N,
respectively, attached hereto.
(d)-(e). During the past five (5) years none of the
Reporting Persons, nor any other person or entity
controlling any of such persons, nor, to the best of any of
their knowledge, any of the other persons listed on
Schedules A through N attached hereto, has been (i)
convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors) or (ii) a party to a
civil proceeding of a judicial or administrative body of
competent jurisdiction, and as a result of such proceeding
was or is subject to a judgment, decree or final order
enjoining future violations of, or prohibiting mandating
activities subject to, United States federal or state
securities laws or finding any violation with respect to
such laws.
Item 3. Source and Amount of Funds or Other
Consideration.
The response set forth in Item 3 of the Schedule 13D is
hereby amended and supplemented by the following
information:
On February 23, 1993, EIC, ECMC and Alliance
entered into a Transfer Agreement, as amended and restated
on May 28, 1993 (the "Transfer Agreement"). In connection
therewith, on July 22, 1993, ECMC transferred substantially
all of its assets to Alliance and certain of its wholly-
owned subsidiaries in exchange for (i) 11,800,000 Units
issued to ECMC and (ii) a Class A Limited Partnership
Interest in Alliance issued to ECMC which is convertible
initially into 100,000 Units having the right to share in
Alliance distributions and allocations initially equivalent
to those of a holder of 100,000 Units as further described
in the Transfer Agreement. Under the terms of the Class A
Limited Partnership Interest, the number of Units into which
Page 20 of 122
<PAGE>
the Class A Limited Partnership Interest is convertible may
increase by up to $25 million in value under a formula based
on certain contingent incentive fees received by Alliance or
any of its subsidiaries before April 1, 1998. In addition,
on July 22, 1993, ACMC acquired 2,380,952 Units in return
for a $50 million cash contribution to Alliance.
The Transfer Agreement is being filed as Exhibit 19
hereto and is hereby incorporated by reference in this
statement and any description thereof contained in this
statement is qualified in its entirety by reference to such
Exhibit.
Item 4. Purpose of Transaction.
The response set forth in Item 4 of the Schedule 13D is
hereby amended and supplemented by the following
information:
General
The purpose of the transaction regarding the
acquisition of the Units is set forth in Exhibit 20 hereto
and is hereby incorporated by reference in this statement.
(a). On June 9, 1993, Alliance announced that it had
reached a non-binding agreement in principle to acquire the
business of Shields Asset Management, Incorporated
("Shields") and its wholly-owned subsidiary, Regent Investor
Services, Incorporated ("Regent"). Shields is an indirect
wholly-owned subsidiary of Xerox Financial Services, Inc.
("Xerox"). Shields and Regent are investment managers with
client assets under management aggregating approximately
$7.8 billion as of March 31, 1993. In the proposed
transaction, it is contemplated that Alliance will acquire
the business and substantially all of the assets of each of
Shields and Regents for a purchase price of either $70
million in cash or for a higher value of newly issued Units.
If cash is used, it is contemplated that Alliance will
borrow all or substantially all of the purchase price.
Alliance may sell newly issued Units in a public or private
sale with proceeds of the offering to be used to repay this
debt. In addition, it is contemplated that Alliance will
issue new Units to key employees of Shields and/or Regent
having an aggregate value of $15 million in connection with
their entering into employment agreements.
The acquisition is subject to the execution of a
definitive agreement, approval by the boards of directors of
the General Partner of Alliance, Alliance Capital Management
Corporation (which is a direct wholly-owned subsidiary of
EIC) Shields, Regent and Xerox, certain consents and
regulatory approvals and certain other conditions.
Page 21 of 122
<PAGE>
Item 5. Interest in the Securities of the Issuer.
The response set forth in Item 5 of the Schedule 13D is
hereby amended and restated in its entirety as follows:
(a)-(b). ACMC beneficially owns directly 33,471,500
(this number includes 15,545,274 Units acquired as a result
of a 2 for 1 Unit split by Alliance on February 10, 1993)
representing 47.0% of the Units outstanding. ECMC
beneficially owns directly 11,800,000 Units and a Class A
Limited Partnership Interest convertible initially into
100,000 Units, together representing 16.7% of the Units
outstanding. ACMC and ECMC have the sole power to vote or
direct the vote and the sole power to dispose or direct the
disposition of each of their respective Units. In addition,
as of July 22, 1993, Alliance may be deemed to be the
beneficial owner of 25,400 Units and Donaldson, Lufkin &
Jenrette Securities Corporation ("DLJ"), an indirect wholly-
owned subsidiary of EIC, may be deemed to be the beneficial
owner of 670 Units, acquired solely for investment purposes
on behalf of client discretionary accounts. By reason of
their ownership interest in ECMC and DLJ, EIC and EHC may be
deemed to beneficially own indirectly, and to have voting
and dispositive power with respect to, the 11,800,000 Units
and the Class A Limited Partnership Interest owned by ECMC
and the 670 Units acquired on behalf of a client
discretionary account by DLJ, representing 16.7% of the
Units outstanding. By reason of their ownership interest in
ACMC, ECMC, DLJ and Alliance, Equitable and Equitable
Holding may be deemed to beneficially own indirectly, and to
have voting and dispositive power with respect to, the
33,471,500 Units owned by ACMC, the 11,800,000 Units and the
Class A Limited Partnership Interest owned by ECMC, the 670
Units acquired on behalf of a client discretionary account
by DLJ and the 25,400 Units acquired on behalf of client
discretionary accounts by Alliance, representing 63.7% of
the Units outstanding.
AXA, by virtue of its ownership of the capital stock of
Equitable Holding, may be deemed to beneficially own all of
the Units of Alliance owned indirectly by Equitable Holding.
By reason of the Voting Trust arrangement, the Trustees may
be deemed to be beneficial owners of such Units. In
addition, the Mutuelles AXA, as a group, and each of Finaxa
and Midi Participations may be deemed to be beneficial
owners of such Units. Each of AXA, the Trustees and the
Mutuelles AXA expressly declares that the filing of this
Schedule 13D shall not be construed as an admission that it
is, for purposes of Section 13(d) of the Exchange Act, the
beneficial owner of such Units.
Page 22 of 122
<PAGE>
AXA, by reason of its arrangements with Equitable
Holding, may be deemed to share the power to vote or direct
the disposition of all of the Units of Alliance beneficially
owned by Equitable Holding. By reason of the Voting Trust
arrangement, the Trustees may be deemed and, by reason of
their relationship with AXA, the Mutuelles AXA, as a group,
and each of Finaxa and Midi Participations may be deemed, to
share the power to vote or direct the vote and dispose or to
direct the disposition of all the Units of Alliance
beneficially owned by Equitable Holding.
The following directors and executive officers listed
on Schedules A through N beneficially own the following
number of outstanding Units:
Raymond L. Colotti 1,000
Stephen J. Friedman 6,000
George J. Sella, Jr. 6,000
Dave H. Williams 1,402,556
Other than as described above, none of the Reporting
Persons beneficially owns any Units and, to the best
knowledge of the Reporting Persons, none of the persons
listed on Schedules A through N attached hereto
beneficially owns any Units.
(c). On July 7, 1993, 400 Units were sold on
behalf of a client discretionary account managed by DLJ on
the New York Stock Exchange, at a price of $21.50 per Unit.
Except as disclosed above, no transactions in the Units
have been effected during the past 60 days by the Reporting
Persons, any person controlling any of such persons, or, to
the best of their knowledge any persons named in Schedules A
through N attached hereto.
Item 6. Contracts, Understandings, Relationships With
Respect to the Securities of the Issuer.
The response set forth in Item 6 of the Schedule 13D is
hereby amended and supplemented by the following
information:
As provided by the Transfer Agreement, the Class A
Limited Partnership Interest has been created as a mechanism
to increase the value of ECMC's interest in Alliance to
reflect the value of certain assets, which provide for the
payment of incentive fees in the future, as the value of
those assets is realized by Alliance or its subsidiaries
within the next five fiscal years ending December 31, 1997.
At the closing on July 22, 1993, the Class A Limited
Partnership Interest was assigned an initial "Unit Sharing
Equivalent" of 100,000 which entitles ECMC, through the
Page 23 of 122
<PAGE>
Class A Limited Partnership Interest to share in partnership
distributions and allocations equivalent to those of a
holder of 100,000 Units. For each fiscal year of Alliance
commencing with 1993 and ending on or before December 31,
1997, the Unit Sharing Equivalent will be increased by an
amount determined in accordance with a formula as described
in the Transfer Agreement which is being filed as Exhibit 19
hereto.
Item 7. Material to be Filed as Exhibits.
Exhibit 18 Powers of Attorney with
respect to Schedule 13D for
the Mutuelles AXA, Finaxa,
Midi Participations, AXA and
the Trustees.
Exhibit 19 Amended and Restated Transfer
Agreement dated as of
February 23, 1993, as amended
and restated on May 28, 1993.
Exhibit 20 Item 4. Purpose of Transaction
14289
Page 24 of 122
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Date: July 29, 1993
AXA*
By: /s/ Joanne T. Marren
Name: Joanne T. Marren
Title: Attorney-in-Fact
_______________________________
* Pursuant to the Powers of Attorney with respect to
Schedule 13D (filed as Exhibit 18 to the Schedule 13D),
granted by AXA, Midi Participations, Finaxa, AXA Assurances
I.A.R.D. Mutuelle, AXA Assurances Vie Mutuelle, Uni Europe
Assurance Mutuelle, Alpha Assurances Vie Mutuelle, Alpha
Assurances I.A.R.D. Mutuelle, and Claude Bebear, Patrice
Garnier and Henri de Clermont-Tonnerre, as Trustees under
the Voting Trust Agreement, this amendment to statement on
Schedule 13D is filed on behalf of each of them.
Page 25 of 122
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Date: July 29, 1993
THE EQUITABLE COMPANIES
INCORPORATED
By: /s/ Alvin H. Fenichel
Name: Alvin H. Fenichel
Title: Senior Vice President
and Controller
Page 26 of 122
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Date: July 29, 1993
EQUITABLE HOLDING CORPORATION
By: /s/ Edward J. Hayes
Name: Edward J. Hayes
Title: President
Page 27 of 122
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Date: July 29, 1993
EQUITABLE INVESTMENT CORPORATION
By: /s/ Joanne T. Marren
Name: Joanne T. Marren
Title: Senior Vice President
Page 28 of 122
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Date: July 29, 1993
THE EQUITABLE LIFE ASSURANCE
SOCIETY OF THE UNITED STATES
By: /s/ Joanne T Marren
Name: Joanne T. Marren
Title: Vice President
Page 29 of 122
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Date: July 29, 1993
ACMC, INC.
By: /s/ Alvin H. Fenichel
Name: Alvin H. Fenichel
Title: Treasurer
Page 30 of 122
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Date: July 29, 1993
EQUITABLE CAPITAL MANAGEMENT
CORPORATION
By: /s/ Louis M. Ocone
Name: Louis M. Ocone
Title: Executive Vice
President
14289
Page 31 of 122
<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )
Alliance Capital Management L.P.
(Name of Issuer)
Units Representing Assignments of Beneficial
Ownership of Limited Partnership Interest
(Title of Class of Securities)
018548107
(CUSIP Number)
Christianne Butte, Head of Central Legal Department, AXA
45, rue de Chateaudun 75009 Paris, Fr. 011-331-44-53-61-17
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
With a copy to:
George T. Lowy, Cravath, Swaine & Moore,
Worldwide Plaza, 825 Eighth Avenue
New York, New York 10019 (212) 474-1000
July 22, 1992
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject
of this Schedule 13D, and is filing this schedule because of
Rule 13d-1(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with the
statement [X].
(Continued on following pages)
(Page 1 of 25)
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 2 of 25 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |AXA |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 15,559,309 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 55.3% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| | |
| |HC |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 3 of 25 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Midi Participations |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 15,559,309 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 55.3% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |HC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 4 of 25 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Finaxa |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 15,559,309 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 55.3% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |HC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 5 of 25 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |AXA Assurances I.A.R.D. Mutuelle |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [X] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 15,559,309 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 55.3% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| | IC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 6 of 25 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |AXA Assurances Vie Mutuelle |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [X] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 15,559,309 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 55.3% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 7 of 25 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Uni Europe Assurance Mutuelle |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [X] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 15,559,309 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 55.3% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 8 of 25 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Alpha Assurances Vie Mutuelle |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [X] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 15,559,309 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 55.3% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 9 of 25 Pages |
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Alpha Assurances I.A.R.D. Mutuelle |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [X] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |AF |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 15,559,309 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 55.3% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IC |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 10 of 25 Pages|
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Claude Bebear, as a Trustee |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |00 |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |Citizen of France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 15,559,309 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 55.3% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IN |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 11 of 25 Pages|
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Patrice Garnier, as a Trustee |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |00 |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |Citizen of France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 15,559,309 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 55.3% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IN |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
|--------------------| |---------------------|
|CUSIP NO. 018548107 | SCHEDULE 13D | Page 12 of 25 Pages|
|--------------------| |---------------------|
|---------------------------------------------------------------------|
| 1|NAME OF REPORTING PERSON |
| |Henri de Clermont-Tonnerre, as a Trustee |
| | |
| |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|--|------------------------------------------------------------------|
| 2|CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] |
| | (B) [ ] |
|--|------------------------------------------------------------------|
| 3|SEC USE ONLY |
| | |
| | |
|--|------------------------------------------------------------------|
| 4|SOURCE OF FUNDS* |
| |00 |
|--|------------------------------------------------------------------|
| 5|CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| |PURSUANT TO ITEMS 2(d) OR 2(e) [ ] |
|--|------------------------------------------------------------------|
| 6|CITIZENSHIP OR PLACE OF ORGANIZATION |
| |Citizen of France |
|---------------------------------------------------------------------|
| | 7|SOLE VOTING POWER |
| NUMBER OF | | |
| SHARES |--|-----------------------------------------------|
| BENEFICIALLY | 8|SHARED VOTING POWER |
| OWNED | | |
| BY EACH |--|-----------------------------------------------|
| REPORTING | 9|SOLE DISPOSITIVE POWER |
| PERSON | | |
| WITH |--|-----------------------------------------------|
| |10|SHARED DISPOSITIVE POWER |
| | | |
|---------------------------------------------------------------------|
|11|AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 15,559,309 |
| |(Not to be construed as an admission of beneficial ownership) |
|--|------------------------------------------------------------------|
|12|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| |SHARES * [ ] |
| | |
|--|------------------------------------------------------------------|
|13|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 |
| | |
| | 55.3% |
|--|------------------------------------------------------------------|
|14|TYPE OF REPORTING PERSON * |
| |IN |
| | |
|---------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1. Security and Issuer
The class of equity securities to which this
statement relates is the Units Representing Assignments of
Beneficial Ownership of Limited Partnership Interests (the
"Units") in Alliance Capital Management L.P., a Delaware
limited partnership ("Alliance"). The address of the
principal executive offices of Alliance is 1385 Avenue of
the Americas, New York, New York 10105.
Item 2. Identity and Background
This statement is being filed by (i) AXA, a
societe anonyme organized under the laws of France,
(ii) Midi Participations, a societe anonyme organized under
the laws of France, (iii) Finaxa, a societe anonyme
organized under the laws of France, (iv) five mutual
insurance companies organized under the laws of France (the
"Mutuelles AXA") which, acting as a group, control AXA, Midi
Participations and Finaxa and (v) Claude Bebear (Chairman
and Chief Executive Officer of AXA), Patrice Garnier (a
director of AXA) and Henri de Clermont-Tonnerre (a director
of AXA), as Trustees (the "Trustees") of a Voting Trust (the
"Voting Trust") established pursuant to a Voting Trust
Agreement dated as of May 12, 1992, by and among AXA and the
Trustees (the "Voting Trust Agreement"). AXA, Midi
Participations, Finaxa, the Mutuelles AXA and the Trustees
are collectively referred to herein as the "Reporting
Persons".
Each of the Reporting Persons expressly declares
that the filing of this Schedule 13D shall not be construed
as an admission that it is, for the purposes of Section
13(d) of the Securities and Exchange Act of 1934, as amended
(the "Exchange Act"), the beneficial owner of any Units
covered by this Schedule 13D. The Reporting Persons have
not purchased the securities covered by this Schedule 13D.
However, in connection with AXA's acquisition, as described
in Items 3 and 4 below, of capital stock of The Equitable
Companies Incorporated, a Delaware corporation ("Equitable
Holding"), which indirectly owns 55.3% of the Units, any of
AXA, Midi Participations, Finaxa, the Mutuelles AXA, as a
group, or the Trustees may be deemed the beneficial owner of
such Units.
AXA
AXA is part of a group of companies (the "AXA
Group") that is the third largest insurance group in France
and one of the largest insurance groups in Europe.
Principally engaged in property and casualty insurance and
life insurance in Europe and elsewhere in the world, the AXA
Group is also involved in real estate operations and certain
Page 13 of 25
<PAGE>
other financial services, including mutual fund management,
lease financing services and brokerage services. AXA is the
principal holding company for most of the companies in the
AXA Group. The address of AXA's principal business and
office is 23 Avenue Matignon, 75008 Paris, France. AXA is a
public company with shares traded on the Paris Bourse (the
French stock exchange). AXA is indirectly controlled by the
Mutuelles AXA, as a group. As of May 31, 1992, the
Mutuelles AXA owned, directly and indirectly through Midi
Participations and Finaxa, 50.5% of the voting shares
(representing 50.2% of the voting power) of AXA.
Midi Participations
Midi Participations is a holding company. The
address of Midi Participations' principal business and
office is 23 Avenue Matignon, 75008 Paris, France. As of
May 31, 1992, Midi Participations owned 42.1% of the voting
shares (representing 40.6% of the voting power) of AXA and,
therefore, may be deemed to control AXA. The voting shares
of Midi Participations are in turn owned 60% by Finaxa and
40% by Assicurazioni Generali S.p.A., an Italian corporation
principally engaged in the business of insurance and
reinsurance.
Finaxa
Finaxa is a holding company. The address of
Finaxa's principal business and office is 23 Avenue
Matignon, 75008 Paris, France. In addition to the shares of
AXA owned indirectly through Midi Participations, as of
May 31, 1992, Finaxa also owned, directly and through
another subsidiary, 4.0% of the voting shares (representing
4.7% of the voting power) of AXA and, therefore, may be
deemed to indirectly control AXA. As of May 31, 1992, 60.5%
of the voting shares (representing 70.6% of the voting
power) of Finaxa were owned by the Mutuelles AXA and 29% of
the voting shares (representing 21.6% of the voting power)
of Finaxa were owned by Compagnie Financiere de Paribas, a
French financial institution engaged in banking and related
activities.
The Mutuelles AXA
The Mutuelles AXA are AXA Assurances I.A.R.D.
Mutuelle, AXA Assurances Vie Mutuelle, Uni Europe Assurance
Mutuelle, Alpha Assurances Vie Mutuelle and Alpha Assurances
I.A.R.D. Mutuelle. Each of the Mutuelles AXA is a mutual
insurance company. The Mutuelles AXA have approximately
1.5 million policyholders. The address of each of the
Mutuelles AXA's principal business and office is as follows:
Page 14 of 25
<PAGE>
for each of AXA Assurances I.A.R.D. Mutuelle and AXA
Assurances Vie Mutuelle, La Grande Arche, Paroi Nord, 92044
Paris La Defense, France; for each of Alpha Assurances Vie
Mutuelle, and Alpha Assurances I.A.R.D. Mutuelle, 100-101
Terrasse Boieldieu, 92042 Paris La Defense, France; and for
Uni Europe Assurance Mutuelle, 24 Rue Drouot, 75009 Paris,
France.
The name, residence or business address, present
principal occupation or employment and the name, principal
business and address of any corporation or other
organization in which such employment is conducted and
citizenship of each of the executive officers of each of
AXA, Midi Participations, Finaxa and each of the Mutuelles
AXA and the members of each of AXA's, Midi Participations',
Finaxa's and each of the Mutuelles AXA's Conseil
d'Administration (the body analogous to a United States
corporation's board of directors) are set forth on
Exhibits 1, 2, 3, 4, 5, 6, 7 and 8 hereto. None of AXA,
Midi Participations and the Mutuelles AXA nor, to the best
knowledge of any Reporting Person, any person named in
Exhibits 1, 2, 3, 4, 5, 6, 7 and 8 has, during the last five
years, been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors) or has been a
party to a civil proceeding of a judicial or administrative
body of competent jurisdiction and as a result of which any
of AXA, Midi Participations, Finaxa or any of the Mutuelles
AXA or such person was or is subject to a judgment, decree
or final order enjoining future violations of, or
prohibiting or mandating activities subject to, Federal or
state securities laws or finding any violation with respect
to such laws.
The Trustees
In order to ensure for insurance regulatory
purposes that certain indirect minority shareholders of AXA
will not be able to exercise control over Equitable Holding
and certain of its insurance subsidiaries, AXA has agreed
pursuant to the Voting Trust Agreement to deposit the shares
of capital stock of Equitable Holding having voting powers
beneficially owned by AXA and certain of its affiliates
(including all shares of capital stock acquired by AXA in
exchange for notes of Equitable Holding as described in
Item 3 hereof) into the Voting Trust. AXA or any such
affiliate depositing capital stock in the Voting Trust will
remain the beneficial owner of all capital stock deposited
by it in the Voting Trust, but during the term of the Voting
Trust the Trustees will exercise all voting rights with
respect to such capital stock. The Trustees have agreed to
exercise such voting rights with a view toward protecting
the legitimate economic interests of the beneficial owners
of the capital stock deposited in the Voting Trust, subject
Page 15 of 25
<PAGE>
to ensuring that certain indirect minority shareholders of
AXA do not exercise control over Equitable Holding or its
relevant insurance subsidiaries. The Trustees generally may
act by a unanimous written consent or by the affirmative
vote of at least two Trustees at a meeting called by any
Trustee upon two days' notice.
Information with respect to the Trustees is set
forth on Exhibit 1 hereto or provided under "AXA" above
since the Trustees are all members of AXA's Conseil
d'Administration. The Voting Trust Agreement is being filed
as Exhibit 9 hereto and is hereby incorporated by reference
in this statement and any description thereof contained in
this statement is qualified in its entirety by reference to
such Exhibit.
Item 3. Source and Amount of Funds or Other Consideration
On July 18, 1991, AXA entered into an Investment
Agreement dated as of July 18, 1991, with The Equitable Life
Assurance Society of the United States, a New York life
insurance company ("Equitable"), and Equitable Holding (as
amended, the "Investment Agreement"), and, in connection
therewith, AXA purchased from Equitable $1 billion in
principal amount of Equitable's notes (the "Notes"). The
Investment Agreement is being filed as Exhibit 10 hereto and
is hereby incorporated by reference in this statement and
any description thereof contained in this statement is
qualified in its entirety by reference to such Exhibit.
Pursuant to a Plan of Reorganization adopted by
the Board of Directors of Equitable on November 27, 1991,
under Section 7312 of the Insurance Law of the State of New
York (as amended, the "Plan"), on July 22, 1992 (the
"Effective Date"), Equitable was, by operation of law,
converted from a mutual life insurance company to a stock
life insurance company (the "Demutualization") and became a
wholly owned subsidiary of Equitable Holding. Pursuant to
the Plan, eligible policyholders of Equitable became
entitled to receive shares of Common Stock, par value $.01
per share (the "Common Stock"), of Equitable Holding or, in
lieu thereof, cash or policy credits in exchange for their
policyholders' membership interest in Equitable and
Equitable Holding sold additional shares of Common Stock in
an initial public offering (the "IPO"). As more fully
described under Item 4 hereof, pursuant to the Investment
Agreement and the Plan, the Notes were exchanged on the
Effective Date for capital stock of Equitable Holding. In
connection with AXA's acquisition of capital stock of
Equitable Holding (which indirectly owns 55.3% of the
Units), as described in Item 4 below, any of AXA, Midi
Participations, Finaxa, the Mutuelles AXA, as a group, or
the Trustees may be deemed to have acquired beneficial
Page 16 of 25
<PAGE>
ownership of such Units. However, each of the Reporting
Persons expressly declares that the filing of this
Schedule 13D shall not be construed as an admission that it
is, for purposes of Section 13(d) of the Exchange Act, the
beneficial owner of any Units covered by this Schedule 13D.
The funds used to purchase the Notes were obtained
entirely from the available resources of AXA and its
subsidiaries and not from borrowings.
Item 4. Purpose of Transaction
General
AXA had been considering for some time making a
significant investment in a United States insurance company
as part of its established strategy to expand its
international operations. AXA acquired the Notes in order
to become a substantial equity investor in Equitable
Holding. Upon exchange of the Notes AXA became the largest
stockholder of Equitable Holding, owning 49% of the
outstanding Common Stock, and AXA will also receive
preferred stock of Equitable Holding, including convertible
preferred stock (which generally is not convertible for
three years). In addition, under the investment
arrangements with Equitable Holding and Equitable described
below, AXA is able to exercise significant influence over
the operations and capital structure of Equitable Holding,
Equitable and their subsidiaries, including Alliance and
Alliance Capital Management Corporation, a Delaware
corporation ("ACMC"), which is the general partner of
Alliance and an indirect subsidiary of Equitable Holding.
In addition to the Investment Agreement referred
to in Item 3 above, Equitable, Equitable Holding and AXA
also entered into (i) a Standstill and Registration Rights
Agreement dated as of July 18, 1991 (as amended, the
"Standstill Agreement"), being filed as Exhibit 11 hereto,
and (ii) a Cooperation Agreement dated as of July 18, 1991
(as amended, the "Cooperation Agreement"), being filed as
Exhibit 12 hereto. The Standstill Agreement and the
Cooperation Agreement are hereby incorporated by reference
in this statement and any descriptions thereof contained in
this statement are qualified in their entirety by reference
to such Exhibits.
Standstill Agreement. The Standstill Agreement
contains certain restrictions and limitations on the rights
and actions of AXA, certain of its affiliates and the
Trustees (collectively, the "AXA Parties") and Equitable
Holding, Equitable and their subsidiaries (including
Alliance and ACMC). Many of those restrictions and
limitations are effective during the Standstill Period or
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during some period of time measured by reference to the
Standstill Period. The "Standstill Period", which is
defined in the Standstill Agreement, generally refers to the
period commencing on the Effective Date and ending on the
date (the "Termination Date") which is the earlier of
(x) September 19, 1994 and (y) the first date on which any
of the following events occur (i) AXA's termination of such
agreement due to the occurrence of a material breach by
Equitable Holding of any of the covenants contained in the
Standstill Agreement or the Cooperation Agreement; (ii) the
reduction of the aggregate ownership of voting securities of
Equitable Holding (including the Common Stock) by the AXA
Parties to less than 10% of the Total Voting Power
(ownership of voting securities and Total Voting Power being
determined, for purposes of this clause (ii), as though all
securities convertible into, or exchangeable for, voting
securities or any options, warrants or other rights
exercisable to acquire voting securities (such securities,
options, warrants and other rights, collectively,
"Convertible Securities") owned by any AXA Party had been
converted into voting securities immediately prior to the
time of determination); (iii) the acquisition by another
party or group of voting securities representing 10% or more
of the Total Voting Power; (iv) the execution by Equitable
Holding of any agreement, whether or not binding, with
respect to any sale of all or substantially all of Equitable
Holding's assets or any merger, consolidation or other
business combination pursuant to which the percentage of the
Total Voting Power owned by the AXA Parties immediately
after the consummation of such transaction would be less
than the AXA Parties' percentage ownership immediately prior
to the execution of such agreement; or (v) the failure of
any person nominated by AXA (or the Trustees) to be
nominated for election, elected or appointed, as the case
may be, to the relevant board of directors or committee, or
the improper removal or barring of any such person from any
such position as provided in the Standstill Agreement.
"Total Voting Power" is defined in the Standstill Agreement
and generally refers to the total number of votes that may
be cast in the election of directors of Equitable Holding at
a meeting of the holders of all the voting securities of
Equitable Holding.
Cooperation Agreement. Under the terms of the
Cooperation Agreement, Equitable, Equitable Holding and AXA
have established a Cooperation Committee, consisting of an
equal number of representatives from AXA and Equitable, that
will meet at least quarterly. The Cooperation Committee
will establish an annual cooperation program and carry out
feasibility studies relating to joint projects and ventures.
In addition, the Cooperation Agreement provides for the
establishment of operating committees with respect to
strategy, finance and audit matters, asset management,
actuarial matters, products, marketing, organization, human
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resources, public relations and electronic data processing
systems. Such operating committees will be under the
direction of the Cooperation Committee and will meet at
least quarterly. The Cooperation Agreement also provides
for the exchange of management between AXA, Equitable and
their respective subsidiaries. Unless earlier terminated by
agreement of the parties, the Cooperation Agreement
terminates upon the earlier to occur of (i) September 30,
2001 and (ii) the first date on which the AXA Parties own
voting securities representing less than 25% of the Total
Voting Power.
Management; the Board of Directors
Pursuant to the terms of the Standstill Agreement,
until the completion of the first annual meeting of
stockholders of Equitable Holding after the end of the
Standstill Period, AXA (or the Trustees) will generally be
entitled to nominate to the board of directors of each of
Equitable Holding and Equitable that number of directors
(rounded up to the nearest whole number of directors, unless
AXA's representatives would thereby constitute a majority of
such board, in which case such number will be rounded down)
which constitutes the same percentage of such board of
directors as the percentage of the Total Voting Power then
owned by the AXA Parties. In addition, AXA (or the
Trustees) will be entitled to nominate to each committee of
such boards of directors that number of directors (rounded
up to the nearest whole number of directors, unless AXA's
representatives would thereby constitute a majority of such
committee, in which case such number will be rounded down)
which constitutes the same percentage of such committee as
the percentage of the Total Voting Power then owned by the
AXA Parties. AXA (or the Trustees) is also entitled to
nominate members to each standing officers' committee of
each of Equitable Holding and Equitable on the same basis.
In addition, pursuant to the terms of the Standstill
Agreement, until the completion of the first annual meeting
of stockholders of Equitable Holding after the end of the
Standstill Period, AXA (or the Trustees) will generally be
entitled to nominate to the boards of directors and the
committees thereof of Alliance an ACMC, among other
Significant Subsidiaries (as defined in the Standstill
Agreement) of Equitable, a number of directors, such number
to be determined in each case on terms similar to those for
determining such number with respect to the boards and
committees of Equitable Holding and Equitable.
Voting
During the Standstill Period, AXA (or the
Trustees) must (and AXA must cause each other AXA Party to),
at the option of the board of directors of Equitable
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<PAGE>
Holding, vote all its voting securities as directed by the
board of directors of Equitable Holding or in the same
proportion of votes as the votes cast by stockholders that
are not affiliates of AXA or Equitable Holding, except that
AXA and the other AXA Parties (including the Trustees) will
not be so restricted when voting on any matter relating to
(i) any merger, consolidation, recapitalization,
liquidation, sale of all or substantially all of the assets
or other major corporate transaction involving Equitable
Holding or any Significant Subsidiary (including Alliance
and ACMC), (ii) any amendment to Equitable Holding's
Restated Certificate of Incorporation or By-Laws, being
filed as Exhibits 13 and 14, respectively, hereto, (iii) any
matter arising during any Offer Period (as defined in the
Standstill Agreement), (iv) subject to certain exceptions,
any matter that could reduce the percentage of the Total
Voting Power represented by all voting securities then owned
by the AXA Parties and (v) any matter (other than the
election of directors) that in the good faith judgment of
AXA (or the Trustees) could adversely affect its interest as
the principal stockholder of Equitable Holding. The
foregoing restrictions on voting will terminate before the
end of the Standstill Period if (i) certain operating or
financial tests are not met by Equitable Holding and its
subsidiaries, (ii) Equitable Holding or Equitable changes
its chief executive officer or chief operating officer
without the consent of AXA (or the Trustees), (iii) the AXA
Parties acquire in the aggregate voting securities
representing more than 50% of the Total Voting Power or
(iv)(A) AXA notifies Equitable Holding of any inadvertent
material breach of any covenant of Equitable Holding
contained in the Investment Agreement and such breach is not
cured within 30 days or (B) AXA notifies Equitable Holding
of any such material breach which is not inadvertent. In
addition, under the terms of the Standstill Agreement, until
the completion of the first annual meeting of stockholders
of Equitable Holding after the end of the Standstill Period,
Equitable Holding, its Significant Subsidiaries (including
Alliance and ACMC) and, in some cases, other Equitable
Holding subsidiaries may not take certain significant
corporate action (including, among others, issuing certain
equity securities, engaging in mergers, acquisitions and
similar transactions and incurring significant amounts of
debt) without AXA's consent.
Other Plans or Proposals
Except as otherwise set forth herein, the
Reporting Persons have no plans or proposals which relate to
or would result in: (a) the acquisition by any person of
additional securities of Alliance, or the disposition of
securities of Alliance; (b) an extraordinary transaction,
such as a merger, reorganization or liquidation involving
Alliance; (c) a sale or transfer of a material amount of
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<PAGE>
assets of Alliance; (d) any change in the present board of
directors or management of Alliance, including any plans or
proposals to change the number or term of directors or to
fill any existing vacancies on the board; (e) any material
change in the present capitalization or distribution policy
of Alliance; (f) any other material change in Alliance's
business or organizational structure; (g) changes in
Alliance's limited partnership agreement or instruments
corresponding thereto or other actions which may impede the
acquisition of control of Alliance by any person;
(h) causing a class of securities of Alliance to be delisted
from a national securities exchange or to cease to be
authorized to be quoted in an interdealer quotation system
of a registered national securities association; (i) a class
of equity securities of Alliance becoming eligible for
termination of registration pursuant to Section 12(g)(4) of
the Securities Exchange Act; or (j) any action similar to
any of those enumerated above.
Item 5. Interest in Securities of the Issuer
(a) AXA, by virtue of its ownership of the
capital stock of Equitable Holding, may be deemed to
beneficially own 15,559,309 Units of Alliance (55.3% of the
Units outstanding) which Units are owned indirectly by
Equitable Holding. By reason of the Voting Trust
arrangement, the Trustees may be deemed to be beneficial
owners of such Units. In addition, the Mutuelles AXA, as a
group, and each of Finaxa and Midi Participations may be
deemed to be beneficial owners of such Units. Each of the
Reporting Persons expressly declares that the filing of this
Schedule 13D shall not be construed as an admission that it
is, for the purposes of Section 13(d) of the Exchange Act,
the beneficial owner of such Units.
To the best knowledge of the Reporting Persons, no
executive officer of any Reporting Person or member of any
Reporting Person's Conseil d'Administration beneficially
owns any Units.
(b) AXA, by reason of its arrangements with
Equitable Holding, may be deemed to share the power to vote
or direct the disposition of all of the Units of Alliance
beneficially owned by Equitable Holding. By reason of the
Voting Trust arrangement, the Trustees may be deemed and, by
reason of their relationship with AXA, the Mutuelles AXA, as
a group, and each of Finaxa and Midi Participations may be
deemed, to share the power to vote or to direct the vote and
to dispose or to direct the disposition of all the Units of
Alliance beneficially owned by Equitable Holding.
(c) Except for the transactions effected by AXA
pursuant to the Investment Agreement described under Items 3
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<PAGE>
and 4 above, no Reporting Person has effected any
transaction in the Units during the past 60 days.
To the best knowledge of the Reporting Persons, no
executive officer of any Reporting Person or member of any
Reporting Person's Conseil d'Administration has effected any
transactions in the Units during the past 60 days.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or
Relationships with Respect to Securities of
the Issuer.
In addition to the Voting Trust Agreement, the
Investment Agreement and the Standstill Agreement described
in Items 2, 3, 4 and 5 hereof (which agreements contain
provisions which, among others, affect the transfer or
voting of the shares of Common Stock, limit the acquisition
of additional shares of Common Stock, create preemptive
rights and govern the composition of the board of directors
of Equitable Holding, Equitable, Alliance and ACMC and
committees thereof), AXA entered into (i) a Letter Agreement
dated May 12, 1992, with Equitable and Equitable Holding
(the "Letter Agreement with Equitable and Equitable
Holding"), being filed as Exhibit 15 hereto, which contains
provisions relating to the establishment of the Voting Trust
by AXA and certain other related matters, and (ii) a Letter
Agreement dated May 12, 1992 with the Superintendent of
Insurance of the State of New York Insurance Department (the
"Letter Agreement with the Superintendent"), being filed as
Exhibit 16 hereto, which contains provisions relating to the
renewal of the Voting Trust upon its termination under
certain circumstances. The Letter Agreement with Equitable
and Equitable Holding and the Letter Agreement with the
Superintendent are hereby incorporated by reference in this
statement and the above descriptions thereof contained in
this statement are qualified in their entirety by reference
to such agreements. Additional information set forth under
Items 2, 3, 4 and 5 and Exhibits 9, 10, 11 and 12 hereto are
also incorporated in this Item 6 by reference.
Item 7. Material To Be Filed as Exhibits
Exhibit 1 Information with respect to Executive
Officers of AXA and Members of AXA's
Conseil d'Administration
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<PAGE>
Exhibit 2 Information with respect to Executive
Officers of Midi Participations and
Members of Midi Participations' Conseil
d'Administration
Exhibit 3 Information with respect to Executive
Officers of Finaxa and Members of
Finaxa's Conseil d'Administration
Exhibit 4 Information with respect to Executive
Officers of AXA Assurances I.A.R.D.
Mutuelle and Members of AXA Assurances
I.A.R.D. Mutuelle's Conseil
d'Administration
Exhibit 5 Information with respect to Executive
Officers of AXA Assurances Vie Mutuelle
and Members of AXA Assurances Vie
Mutuelle's Conseil d'Administration
Exhibit 6 Information with respect to Executive
Officers of Alpha Assurances Vie
Mutuelle and Members of Alpha Assurances
Vie Mutuelle's Conseil d'Administration
Exhibit 7 Information with respect to Executive
Officers of Alpha Assurances I.A.R.D.
Mutuelle and Members of Alpha Assurances
I.A.R.D. Mutuelle's Conseil
d'Administration
Exhibit 8 Information with respect to Executive
Officers of Uni Europe Assurance
Mutuelle and Members of Uni Europe
Assurance Mutuelle's Conseil
d'Administration
Exhibit 9 Voting Trust Agreement
Exhibit 10 Investment Agreement
Exhibit 11 Standstill Agreement
Exhibit 12 Cooperation Agreement
Exhibit 13 Restated Certificate of Incorporation of
Equitable Holding
Exhibit 14 By-Laws of Equitable Holding
Exhibit 15 Letter Agreement with Equitable and
Equitable Holding
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Exhibit 16 Letter Agreement with the Superintendent
Exhibit 17 Filing Agreement with respect to
Schedule 13D among the Reporting Persons
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<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Dated August 3, 1992
AXA,*
by
/s/ Claude Bebear
Name: Claude Bebear
Title: President and Chief
Executive Officer
13849
_______________________________
* Pursuant to the Filing Agreement with respect to Sched
ule 13D, among AXA, Midi Participations, Finaxa, AXA
Assurances I.A.R.D. Mutuelle, AXA Assurances Vie Mutuelle,
Uni Europe Assurance Mutuelle, Alpha Assurances Vie
Mutuelle, Alpha Assurances I.A.R.D. Mutuelle and Claude
Bebear, Patrice Garnier and Henri de Clermont-Tonnerre, as
Trustees under the Voting Trust Agreement, Exhibit 17
hereto, this statement on Schedule 13D is filed on behalf of
each of them.
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