NEW YORK, Nov. 22, 2011 /PRNewswire/ -- AllianceBernstein L.P. (AllianceBernstein) announced today that Edmund Grant has joined the firm as a Managing Director for business development and client service for institutional investors. He is working closely with the Fixed Income and Alternative Investment teams, reporting to John W. Akkerman, Senior Managing Director - Alternatives/Fixed Income, Global Institutions. He is based out of the firm's Philadelphia and New York offices.

Most recently, Grant spent 15 years at Delaware Investments where he was Vice President of institutional sales and client service.

Grant began his career at AIG Global Equities and spent eight years as a combat engineer officer in the US Army Reserve. He earned a Bachelor of Science and an MBA from Drexel University and is a CFA Charter holder.

About AllianceBernstein

AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private clients in major world markets.

At September 30, 2011, AllianceBernstein Holding L.P. (NYSE: AB) owned approximately 37.8% of the issued and outstanding AllianceBernstein Units and AXA, one of the largest global financial services organizations, owned an approximate 63.1% economic interest in AllianceBernstein.

Additional information about AllianceBernstein may be found on our internet site, www.alliancebernstein.com.

www.alliancebernstein.com

SOURCE AllianceBernstein L.P.

Copyright 2011 PR Newswire

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