MERRILL LYNCH KECALP L P 1994
N-8A, 1994-01-06
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  <PAGE>
                      SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C.

                                  FORM N-8A

                         NOTIFICATION OF REGISTRATION
                      FILED PURSUANT TO SECTION 8(a) OF
                      THE INVESTMENT COMPANY ACT OF 1940


            The   undersigned  investment   company  hereby   notifies  the
       Securities  and  Exchange Commission  that  it  registers under  and
       pursuant to the provision of Section 8(a)  of the Investment Company
       Act  of  1940   and  in   connection  with   such  notification   of
       registration submits the following information:


       Name:          MERRILL LYNCH KECALP L.P. 1994

       Address of Principal Business Office (No. & Street, City,
       State, and Zip Code):

                      World Financial Center - South Tower
                      225 Liberty Street
                      New York, New York  10080-6123

       Telephone Number (including area code):   (1-212) 236-7302

       Name and address of agent for service of process:

                      Rosemary T. Berkery
                      KECALP Inc.
                      World Financial Center - North Tower
                      250 Vesey Street
                      New York, New York  10281-1334

  Check Appropriate Box:

                      Registrant is filing a Registration Statement
                      pursuant to Section 8(b) of the Investment
                      Company Act of 1940 concurrently with the
                      filing of Form N-8A:

                                                   
                      YES  /X/                 NO  / /
                                                 
  <PAGE>
                                  SIGNATURES



       Form of  signature  if registrant  is  an unincorporated  investment
       company not having a board of directors:

       Pursuant to the  requirement of the Investment Company Act  of 1940,
       the General Partner  of the registrant has caused  this notification
       of registration  to be duly  signed on behalf  of the registrant  in
       the City  of New York  in the State of  New York  on the 6th  day of
       January, 1994.







            Signature:          Merrill Lynch KECALP L.P. 1994
                                ------------------------------
                                (Name of Registrant)

                                By: KECALP Inc., General Partner
                                    ---------------------------
                                     (Name of Sponsor)



                                By: /s/ James V. Caruso         
                                    ----------------------------
                                     (James V. Caruso, Vice
                                      President and Director
                                      KECALP Inc.)




       Attest:


       /s/ Margaret E. Nelson      
       ----------------------------
       (Margaret E. Nelson,
        Secretary KECALP Inc.)

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