Attached files
| file | filename |
|---|---|
| EX-99.03 - EXHIBIT 99.03 - ALLIANCEBERNSTEIN L.P. | exhibit99034q15script.htm |
| EX-99.04 - EXHIBIT 99.04 - ALLIANCEBERNSTEIN L.P. | ab013116aumrelease.htm |
| EX-99.01 - EXHIBIT 99.01 - ALLIANCEBERNSTEIN L.P. | ab4q15earningsrelease.htm |
| EX-99.02 - EXHIBIT 99.02 - ALLIANCEBERNSTEIN L.P. | ab4q15earningspresentati.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): | February 11, 2016 |
ALLIANCEBERNSTEIN L.P. |
(Exact name of registrant as specified in its charter) |
Delaware | 000-29961 | 13-4064930 |
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification Number) |
1345 Avenue of the Americas, New York, New York | 10105 |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: | 212-969-1000 |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02. Results of Operations and Financial Condition.
AllianceBernstein L.P. and AllianceBernstein Holding L.P. (collectively, “AB”) are furnishing their news release issued on February 11, 2016 announcing financial and operating results for the quarter ended December 31, 2015 and the availability of Form 10-K for the fiscal year ended December 31, 2015 (“4Q15 Release”). The 4Q15 Release is attached hereto as Exhibit 99.01.
AB is furnishing its Fourth Quarter 2015 Review, dated February 11, 2016 (“4Q15 Review”). The 4Q15 Review is attached hereto as Exhibit 99.02.
AB is furnishing a transcript of its conference call with analysts relating to the 4Q15 Release and the 4Q15 Review (“4Q15 Transcript”). The call took place on February 11, 2016. The 4Q15 Transcript is attached hereto as Exhibit 99.03.
Item 7.01. Regulation FD Disclosure.
AB is furnishing the 4Q15 Release, which is attached hereto as Exhibit 99.01.
AB is furnishing the 4Q15 Review, which is attached hereto as Exhibit 99.02.
AB is furnishing the 4Q15 Transcript, which is attached hereto as Exhibit 99.03.
AB is furnishing a news release (“AUM Release”) issued on February 11, 2016 announcing preliminary assets under management as of January 31, 2016. The AUM Release is attached hereto as Exhibit 99.04.
Item 8.01 Other Events
On December 12, 2013, AB acquired W.P. Stewart & Co., Ltd. (“WPS”), an equity investment manager that managed, as of December 12, 2013, approximately $2.1 billion in U.S., Global and EAFE concentrated growth equity strategies for its clients, primarily in the U.S. and Europe. On the date of this acquisition, each of approximately 4.9 million outstanding shares of WPS common stock (other than certain specified shares, as previously disclosed in Amendment No. 2 to Form S-4 filed by AllianceBernstein L.P. on November 8, 2013) was converted into the right to receive $12.00 per share and one transferable contingent value right (“CVRs”) entitling the holders to an additional $4.00 per share cash payment if the Assets Under Management (as such term is defined in the Contingent Value Rights Agreement (“CVR Agreement”) dated as of December 12, 2013, a copy of which was filed as Exhibit 4.01 (“Exhibit 4.01”) to the Form 10-K for the year ended December 31, 2013 filed by each of AllianceBernstein L.P. and AllianceBernstein Holding L.P.) in the acquired WPS investment services business exceed $5.0 billion on or before December 12, 2016, subject to certain measurement procedures and limitations set forth in the CVR Agreement. See the definition of AUM Milestone in Exhibit 4.01 for additional information regarding the circumstances that trigger payment pursuant to the CVRs. The foregoing description of the CVR Agreement does not purport to be complete and is qualified in its entirety by the full text of the CVR Agreement, which is incorporated herein by reference.
As of December 31, 2015, the Assets Under Management are approximately $4.0 billion. Accordingly, management has determined that the AUM Milestone did not occur during the fourth quarter of 2015.
Item 9.01. Financial Statements and Exhibits.
(d) | Exhibits. |
99.01 | 4Q15 Release. |
99.02 | 4Q15 Review. |
99.03 | 4Q15 Transcript. |
99.04 | AUM Release. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
ALLIANCEBERNSTEIN L.P. | |||
Dated: February 12, 2016 | By: | /s/ Mona Bhalla | |
Mona Bhalla Corporate Secretary | |||