AllianceBernstein Holding L.P. provides investment management and related services to institutional clients, retail clients, and private clients. It offers institutional investment services for institutional investors, including unaffiliated corporate and public employee pension funds, endowment funds, domestic and foreign institutions, and governments and affiliates by means of separately managed accounts, sub-advisory relationships, structured products, group trusts, mutual funds, and other investment vehicles. The company provides retail services for individual investors by means of retail mutual funds sponsored by AllianceBernstein, its subsidiaries and affiliated joint venture companies, subadvisory relationships in respect of mutual funds sponsored by third parties, and separately managed account programs sponsored by registered broker-dealers. It offers private client services for high-net-worth individuals, trusts, and estates, charitable foundations, partnerships, private and family corporations, and other entities by means of separately managed accounts, hedge funds, mutual funds, and other investment vehicles. The company provides institutional research services, including in-depth research, portfolio strategy, trading, and brokerage-related services for institutional investors. It also offers distribution, shareholder servicing, and administrative services to its sponsored mutual funds. AllianceBernstein was founded in 1987. The company was formerly known as Alliance Capital Management Holding L.P. and changed its name to AllianceBernstein Holding L.P. in 2004. AllianceBernstein is based in New York City.