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BRIEF-AllianceBernstein liquidates Public-Private Investment Partnership

Oct 9 (Reuters) - AllianceBernstein L.P.:

* Liquidates Public-Private Investment Partnership at an 18.7% internal rate of

return for treasury

* Returned all of the capital raised,at a profit, from its AllianceBernstein

Legacy Securities Fund to investors

* U.S Department of the Treasury has received $1.54 billion in distributions

with respect to its equity investment

* Fund distributed about $12 million in warrant proceeds to Treasury and has

repaid with interest $2.13 billion in debt

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