<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
------------
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 5)
Alliance Capital Management L.P.
------------------------------------
(NAME OF ISSUER)
Units Representing Assignments of Beneficial
Ownership of Limited Partnership Interests
------------------------------------
(TITLE OF CLASS OF SECURITIES)
018548107
------------------------------------
(CUSIP NUMBER)
Alvin H. Fenichel
Senior Vice President and Controller
The Equitable Companies Incorporated
1290 Avenue of the Americas
New York, New York 10104
(212) 314-4094
------------------------------------
(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-UAP, 9, Place Vendome
75001 Paris, France
011-331-40-75-56-38
Not applicable
------------------------------------
(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 / /.
Note: Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom copies
are to be sent.
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
(Continued on following pages)
(Page 1 of 25)
<PAGE> 2
- ---------------------------- --------------------------
CUSIP NO. 018548107 SCHEDULE 13D PAGE 2 OF 25 PAGES
- ---------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
AXA-UAP
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a)[ ]
(b)[ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
AF
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
France
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES See Item 5
BENEFICIALLY ---------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH See Item 5
REPORTING ---------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
See Item 5
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
See Item 5
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,111,283 - See Item 5
(Not to be construed as an admission of beneficial ownership)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
57.20% - See Item 5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
HC, CO
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 3
- ---------------------------- --------------------------
CUSIP NO. 018548107 SCHEDULE 13D PAGE 3 OF 25 PAGES
- ---------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Finaxa
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a)[ ]
(b)[ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
AF
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
France
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES See Item 5
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH See Item 5
REPORTING --------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
See Item 5
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
See Item 5
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,111,283 - See Item 5
(Not to be construed as an admission of beneficial ownership)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
57.20% - See Item 5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
HC, CO
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 4
- ---------------------------- --------------------------
CUSIP NO. 018548107 SCHEDULE 13D PAGE 4 OF 25 PAGES
- ---------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
AXA Assurances I.A.R.D. Mutuelle
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a)[X]
(b)[ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
AF
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
France
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES See Item 5
BENEFICIALLY ---------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH See Item 5
REPORTING ---------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
See Item 5
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
See Item 5
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,111,283 - See Item 5
(Not to be construed as an admission of beneficial ownership)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
57.20% - See Item 5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
IC
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 5
- ---------------------------- --------------------------
CUSIP NO. 018548107 SCHEDULE 13D PAGE 5 OF 25 PAGES
- ---------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
AXA Assurances Vie Mutuelle
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a)[X]
(b)[ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
AF
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
France
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES See Item 5
BENEFICIALLY ---------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH See Item 5
REPORTING ---------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
See Item 5
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
See Item 5
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,111,283 - See Item 5
(Not to be construed as an admission of beneficial ownership)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
57.20% - See Item 5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
IC
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 6
- ---------------------------- --------------------------
CUSIP NO. 018548107 SCHEDULE 13D PAGE 6 OF 25 PAGES
- ---------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
AXA Courtage Assurance Mutuelle
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a)[X]
(b)[ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
AF
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
France
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES See Item 5
BENEFICIALLY ---------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH See Item 5
REPORTING ---------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
See Item 5
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
See Item 5
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,111,283 - See Item 5
(Not to be construed as an admission of beneficial ownership)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
57.20% - See Item 5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
IC
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 7
- ---------------------------- --------------------------
CUSIP NO. 018548107 SCHEDULE 13D PAGE 7 OF 25 PAGES
- ---------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Alpha Assurances Vie Mutuelle
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a)[X]
(b)[ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
AF
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
France
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES See Item 5
BENEFICIALLY ---------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH See Item 5
REPORTING ---------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
See Item 5
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
See Item 5
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,111,283 - See Item 5
(Not to be construed as an admission of beneficial ownership)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
57.20% - See Item 5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
IC
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 8
- ---------------------------- --------------------------
CUSIP NO. 018548107 SCHEDULE 13D PAGE 8 OF 25 PAGES
- ---------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Claude Bebear, as a Trustee
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a)[ ]
(b)[ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
00
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Citizen of France
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES See Item 5
BENEFICIALLY ---------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH See Item 5
REPORTING ---------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
See Item 5
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
See Item 5
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,111,283 - See Item 5
(Not to be construed as an admission of beneficial ownership)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
57.20% - See Item 5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 9
- ---------------------------- --------------------------
CUSIP NO. 018548107 SCHEDULE 13D PAGE 9 OF 25 PAGES
- ---------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Patrice Garnier, as a Trustee
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a)[ ]
(b)[ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
00
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Citizen of France
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES See Item 5
BENEFICIALLY ---------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH See Item 5
REPORTING ---------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
See Item 5
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
See Item 5
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,111,283 - See Item 5
(Not to be construed as an admission of beneficial ownership)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
57.20% - See Item 5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 10
- ---------------------------- --------------------------
CUSIP NO. 018548107 SCHEDULE 13D PAGE 10 OF 25 PAGES
- ---------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Henri de Clermont-Tonnerre, as a Trustee
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a)[ ]
(b)[ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
00
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Citizen of France
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES See Item 5
BENEFICIALLY ---------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH See Item 5
REPORTING ---------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
See Item 5
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
See Item 5
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,111,283 - See Item 5
(Not to be construed as an admission of beneficial ownership)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
57.20% - See Item 5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 11
- ---------------------------- --------------------------
CUSIP NO. 018548107 SCHEDULE 13D PAGE 11 OF 25 PAGES
- ---------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
The Equitable Companies Incorporated
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 IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 48,111,283
BENEFICIALLY ---------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING ---------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
48,111,283
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,111,283
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
57.20%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
HC, CO
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 12
- ---------------------------- --------------------------
CUSIP NO. 018548107 SCHEDULE 13D PAGE 12 OF 25 PAGES
- ---------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
The Equitable Life Assurance Society of the United States
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 IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 48,111,283
BENEFICIALLY ---------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING ---------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
48,111,283
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,111,283
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
57.20%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
IC, CO
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 13
- ---------------------------- --------------------------
CUSIP NO. 018548107 SCHEDULE 13D PAGE 13 OF 25 PAGES
- ---------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Equitable Holding Corporation
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 IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 12,373,495
BENEFICIALLY ---------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING ---------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
12,373,495
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,373,495
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.71%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
HC, CO
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 14
- ---------------------------- --------------------------
CUSIP NO. 018548107 SCHEDULE 13D PAGE 14 OF 25 PAGES
- ---------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Equitable Investment Corporation
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 IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 12,351,395
BENEFICIALLY ---------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING ---------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
12,351,395
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,351,395
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.68%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
HC, CO
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 15
- ---------------------------- --------------------------
CUSIP NO. 018548107 SCHEDULE 13D PAGE 15 OF 25 PAGES
- ---------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
ACMC, Inc.
13-2677213
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a)[ ]
(b)[ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
OO
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 33,471,500
BENEFICIALLY ---------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING ---------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
33,471,500
---------------------------------------------------------------
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 (11) EXCLUDES
CERTAIN SHARES * [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.80%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
CO
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 16
- ---------------------------- --------------------------
CUSIP NO. 018548107 SCHEDULE 13D PAGE 16 OF 25 PAGES
- ---------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Equitable Capital Management Corporation
13-3266813
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a)[ ]
(b)[ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
OO
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 12,351,395
BENEFICIALLY ---------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING ---------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
12,351,395
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,351,395
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.68%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
HC, CO
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 17
Page 17 of 25 Pages
This Amendment No. 5 amends the Statement on Schedule 13D ("Schedule
13D") initially filed on August 4, 1992 with the Securities and Exchange
Commission, by AXA-UAP (formerly known as AXA), Midi Participations, Finaxa, AXA
Assurances I.A.R.D. Mutuelle, AXA Assurances Vie Mutuelle, AXA Courtage
Assurance Mutuelle (formerly known as Uni Europe Assurance Mutuelle) and Alpha
Assurances Vie Mutuelle (into which Alpha Assurances I.A.R.D. Mutuelle was
merged) (the four immediately preceding entities are referred to herein
collectively as the "Mutuelles AXA"), and Claude Bebear, Patrice Garnier and
Henri de Clermont-Tonnerre as trustees (the foregoing individuals are referred
to herein collectively as the "Trustees") of a Voting Trust, as amended by
Amendment No. 1 to the Schedule 13D filed on July 29, 1993, Amendment No. 2 to
the Schedule 13D filed on September 14, 1994, Amendment No. 3 to the Schedule
13D filed on October 22, 1996 ("Amendment No. 3") and Amendment No. 4 to the
Schedule 13D filed on July 11, 1997 ("Amendment No. 4"), each of which was filed
by AXA-UAP, Midi Participations (except as to Amendment No. 3 and Amendment No.
4), Finaxa, the Mutuelles AXA, the Trustees, The Equitable Companies
Incorporated, The Equitable Life Assurance Society of the United States
("Equitable"), Equitable Holding Corporation, Equitable Investment Corporation,
ACMC, Inc. ("ACMC") and Equitable Capital Management Corporation, which Schedule
13D relates to units representing assignments of beneficial ownership of limited
partnership interests (the "Units") of Alliance Capital Management L.P., a
Delaware limited partnership ("Alliance").
Item 4 of the Schedule 13D is hereby amended and restated in its
entirety as set forth below.
Item 4. Purpose of Transaction
Alliance was organized as a master limited partnership in 1987 to
succeed to the business of ACMC, a Delaware corporation then a subsidiary of
Equitable, which began providing investment management services in 1971. On
April 21, 1988, the business and substantially all of the operating assets of
ACMC were conveyed to Alliance in exchange for a 1% general partnership interest
in Alliance and approximately 55% of the then outstanding Units.
Equitable and its subsidiaries have acquired for cash beneficial
ownership of additional Units subsequent to the formation of Alliance in order
to finance sales of shares of mutual funds for which Alliance is the investment
adviser. Additional Units were also acquired by Equitable and its subsidiaries
in order to provide Alliance with additional capital to take advantage of growth
opportunities and strategic global alliances, including Units acquired by
Equitable as consideration for property transferred to Alliance by Equitable and
Units acquired for cash in order to provide capital to Alliance for the
acquisition in 1993 of Shields Asset Management, Incorporated and its
wholly-owned subsidiary, Regent Investor Services, Incorporated. In the future,
the Reporting Persons may acquire additional Units or dispose of Units.
Under current tax law, Alliance, as a partnership, generally is not
subject to Federal income tax. However, the tax law in effect prior to August 5,
1997, also provided that, as a consequence of
<PAGE> 18
Page 18 of 25 Pages
the public trading of Units, Alliance would have been treated as a corporation
for Federal income tax purposes beginning on January 1, 1998. On June 24, 1997,
Alliance announced plans for a transaction (the "Transaction"), to be
accomplished through a merger in which Alliance Capital Management Corporation
II ("ACMC II"), a Delaware corporation, would have become the general partner of
Alliance and Alliance would have merged with a wholly-owned subsidiary of ACMC
II formed for the sole purpose of consummating the merger, with Alliance as the
surviving entity. In such merger, holders of Units would have exchanged their
existing Units for an equal number of shares of Class A Common Stock of ACMC II,
unless such holders elected to continue as limited partners in Alliance, which
would have ceased to be a publicly traded limited partnership, or elected to
participate in a cash alternative. Following the Transaction, the Units would
have become subject to severe restrictions on transferability. Alliance also
stated that it would not proceed with plans for the Transaction if, during 1997,
it determined that changes in federal tax law would make it preferable for
Alliance to retain its current ownership form.
On August 5, 1997, The Taxpayer Relief Act of 1997 was signed into law.
It included the option for certain publicly traded partnerships to maintain
partnership tax status and pay a 3.5% tax on partnership gross income. On August
6, 1997, Alliance announced its intention to utilize this option and remain a
publicly traded limited partnership and that it would not implement the
previously announced Transaction.
Except as set forth in this statement, none of the Reporting Persons
has any plan or proposals described in Item 4(a)-(j) of Schedule 13D.
<PAGE> 19
Page 19 of 25 Pages
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.
Date: September 4, 1997
AXA-UAP
Finaxa
AXA Assurances I.A.R.D. Mutuelle
AXA Assurances Vie Mutuelle
AXA Courtage Assurance Mutuelle
Alpha Assurances Vie Mutuelle
Claude Bebear, Patrice Garnier and
Henri de Clermont-Tonnerre, as
Trustees under the Voting Trust Agreement
By /s/ Alvin H. Fenichel
------------------------
Name: Alvin H. Fenichel
Title: Attorney-in-Fact
<PAGE> 20
Page 20 of 25 Pages
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.
Date: September 4, 1997
THE EQUITABLE COMPANIES
INCORPORATED
By /s/ Alvin H. Fenichel
-------------------------
Name: Alvin H. Fenichel
Title: Senior Vice President and
Controller
<PAGE> 21
Page 21 of 25 Pages
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.
Date: September 4, 1997
THE EQUITABLE LIFE ASSURANCE
SOCIETY OF THE UNITED STATES
By /s/ Alvin H. Fenichel
-------------------------
Name: Alvin H. Fenichel
Title: Senior Vice President
and Controller
<PAGE> 22
Page 22 of 25 Pages
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.
Date: September 4, 1997
EQUITABLE HOLDING CORPORATION
By /s/ Edward J. Hayes
-----------------------
Name: Edward J. Hayes
Title: President and Chief
Executive Officer
<PAGE> 23
Page 23 of 25 Pages
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.
Date: September 4, 1997
EQUITABLE INVESTMENT
CORPORATION
By /s/ Stanley B. Tulin
-----------------------------
Name: Stanley B. Tulin
Title: Executive Vice President
and Chief Financial Officer
<PAGE> 24
Page 24 of 25 Pages
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.
Date: September 4, 1997
ACMC, INC.
By /s/ Stanley B. Tulin
------------------------
Name: Stanley B. Tulin
Title: Chairman, President and
Chief Executive Officer
<PAGE> 25
Page 25 of 25 Pages
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.
Date: September 4, 1997
EQUITABLE CAPITAL MANAGEMENT
CORPORATION
By /s/ Stanley B. Tulin
---------------------------
Name: Stanley B. Tulin
Title: Chairman, President and
Chief Executive Officer
