Company Profile - Alliance Capital Management L.P.
1345 Avenue of the Americas
New York, NY 10105Phone: 212-969-1000
Fax: 212-969-2229
Website: www.alliancecapital.com
Ticker Symbol: ACKey Facts
Nation's largest publicly traded asset manager.
Nearly $400 billion assets under management.
Key Financial Facts
2001 revenue: $2,993 million
1-yr. growth rate: 19 percentPersonnel Highlights
Number of employees: 4,542
1-yr. growth rate: 2 percent
Company Overview
Alliance Capital Management Holding LP was founded in 1962 as the investment management arm of Donaldson, Lufkin & Jenrette (DLJ) and mainly managed the retirement accounts of large companies and institutions. It opened an office outside the U.S. for the first time in 1978, offered investment products to the public for the first time in 1983, and was acquired by The Equitable Life Assurance Society in 1985.Alliance became a publicly traded partnership in 1988. Since then, it has acquired several other investment companies, expanded its international business, and offered more products geared towards the individual investor, including mutual funds, hedge funds, fixed-income management, and high-net worth investment services. But institutional clients—including pension funds, foundations, endowments, government entities, and insurance companies—still make up about 60 percent of total assets under management.
Major Line of Business : Financial Services, Mutual Funds & Brokerage
Send additions, corrections, or comments to: exec@3dnet.org.
Copyright 1996 The 3-D Network Company, Ottawa, ON, CANADA
3-DNET® is a registered trademark of The 3-D Network Company International Inc.