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: November 12, 2001
                        ---------------------------------
                        (Date of earliest event reported)


                           THE PHOENIX COMPANIES, INC.
                           ---------------------------
             (Exact name of registrant as specified in its charter)

<TABLE>
               <S>                                        <C>                                     <C>


                Delaware                                   1-16517                                06-0493340
                --------                                   -------                                ----------
     (State or other jurisdiction of              (Commission File Number)             (IRS Employer Identification No.)
             incorporation)
</TABLE>


               One American Row, Hartford, Connecticut 06102-5056
               --------------------------------------------------
               (Address of principal executive offices) (Zip Code)


                                  860-403-5000
                                  ------------
              (Registrant's telephone number, including area code)


<PAGE>



Item 7.  Exhibits.

     99.1 Press release of Phoenix Investment  Partners,  Ltd., the wholly owned
asset management  subsidiary of The Phoenix Companies,  Inc., dated November 12,
2001, regarding the announcement of a definitive agreement to acquire a majority
interest in Kayne Anderson Rudnick Investment Management, LLC.

Item 9.  Regulation FD Disclosure.

     On November 12, 2001,  Phoenix  Investment  Partners,  Ltd.  issued a press
release,  a copy of which is attached hereto as Exhibit 99.1 and is incorporated
herein by reference.
<PAGE>


                                    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.



                                                    THE PHOENIX COMPANIES, INC.


                                           By:      /s/ Carole A. Masters
                                                    ---------------------------
                                           Name:    Carole A. Masters
                                           Title:   Vice President and Counsel








         Date: November 12, 2001

<PAGE>






                                  EXHIBIT INDEX
<TABLE>
<S>                                               <C>


Exhibit Number                                    Exhibit
--------------                                    -------
99.1                                              Press release, dated November 12, 2001, regarding the announcement of a
                                                  definitive agreement to acquire a majority interest in Kayne Anderson
                                                  Rudnick Investment Management, LLC.
</TABLE>
<PAGE>



                                  Exhibit 99.1


[GRAPHIC OMITTED][GRAPHIC OMITTED]

Contact: Sharon Bray o Phoenix Investment Partners o (860) 403-5748
Ralph Walter o Kayne Anderson Rudnick o (310) 712-2929

       Phoenix Investment Partners to Acquire A Majority Interest in Kayne
           Anderson Rudnick, Supports Managed Account Growth Strategy

      Second money manager acquisition announced within 30 days will add $7
                                 billion in AUM

     Hartford,  Conn.  and Los  Angeles,  Calif.  November  12, 2001 --- Phoenix
Investment Partners,  Ltd., the wholly owned asset management  subsidiary of The
Phoenix  Companies,  Inc.  (NYSE:  PNX),  announced  it has signed a  definitive
agreement to acquire a majority  interest in Kayne Anderson  Rudnick  Investment
Management,  LLC, a 17-year-old Los Angeles-based  investment firm managing over
$7 billion in assets. Kayne Anderson Rudnick applies a disciplined "Quality at a
Reasonable  Price"  investment  philosophy  to  a  broad  range  of  equity  and
fixed-income   products   primarily   for   the   sponsored   managed   account,
high-net-worth and institutional markets. The addition of Kayne Anderson Rudnick
will expand  Phoenix's  diversified  investment  capabilities and asset base and
support the firm's managed account growth strategy.

     "We are impressed with Kayne Anderson  Rudnick's  commitment to quality and
disciplined management of client assets, and we are pleased to partner with such
a reputable and  well-established  firm in the managed  account  industry," said
Philip R. McLoughlin,  Phoenix Investment Partners' Chairman and Chief Executive
Officer. "Kayne Anderson Rudnick's sponsored managed account business,  combined
with Phoenix's  existing  capabilities,  will enhance this segment of our retail
business."

     Kayne Anderson Rudnick's Chief Executive Officer Richard A. Kayne said, "We
are  extremely  excited  about  our  new  partnership  with  Phoenix  Investment
Partners,  and are confident the relationship will be mutually beneficial.  This
alliance  will  allow  us  the  opportunity  to  grow  by  leveraging  Phoenix's
distribution and support resources. As part of the Phoenix organization, we will
be able to maintain our distinct culture and investment philosophy - the essence
of our firm."

     Under the agreement,  Phoenix will purchase an initial 60 percent  interest
in Kayne Anderson Rudnick Investment  Management LLC for an amount to be paid in
cash based upon management fee revenues at close.  An additional  payment may be
made based upon management fee revenue growth of the purchased  business through
2003. The agreement  further provides for Phoenix to increase its interest by 15
percent by 2007. The remaining ownership interests will be retained primarily by
Kayne Anderson Rudnick  portfolio and executive  management.  The transaction is
expected  to  close  in the  first  quarter  of 2002  following  receipt  of all
necessary client  approvals.  The transaction does not include KA Associates,  a
broker/dealer, or Kayne Anderson Capital Advisors LP, an alternative investments
advisor.

     Kayne  Anderson  Rudnick's  investment  management  operations  will remain
unchanged,   and  existing  management  will  continue  to  be  responsible  for
day-to-day   management  of  the  firm.  Certain  key  portfolio  and  executive
management team members,  including  Chief  Executive  Officer Richard Kayne and
Chief  Investment  Officer  Allan  Rudnick,  have  signed  long-term  employment
contracts with the firm.

     Upon  completion of this  transaction  and the  acquisition of Capital West
Asset Management, which was announced on October 15, Phoenix Investment Partners
will have eleven investment  affiliates,  with seven  participating in sponsored
managed  account  programs.   Each  affiliate  operates   independently  in  the
management of assets.  Phoenix provides centralized support to the affiliates in
the  form  of  distribution,  marketing,  product  development,  compliance  and
operations.

     Phoenix  Investment  Partners is being  advised by De  Guardiola  Advisors,
which has represented the firm in previous  transactions,  including the pending
acquisition of Capital West Asset  Management.  Kayne Anderson  Rudnick is being
represented by Putnam Lovell Securities Inc.

     Kayne  Anderson  Rudnick  Investment   Management,   LLC  is  a  registered
investment  advisor based in Los Angeles,  managing over $7 billion in assets as
of September 30, 2001, for high-net-worth individuals,  endowments, foundations,
corporations, public funds and pension plans. The firm was founded by Richard A.
Kayne and John E. Anderson in 1984,  and in 1989,  Allan Rudnick joined the firm
as  President  and  Chief  Investment  Officer,   when  the  firm  launched  its
disciplined,  high-quality  investment  approach.  For more  information  on the
company and its portfolios, visit www.kayne.com.

     Phoenix Investment  Partners,  Ltd.,  managing $54.8 billion as of June 30,
2001, is the wholly owned investment  subsidiary of The Phoenix Companies,  Inc.
(NYSE: PNX). Phoenix Investment  Partners provides  individuals and institutions
with  disciplined  money  management  through nine  subsidiaries  and  strategic
partners,  excluding  the pending  acquisitions  of Kayne  Anderson  Rudnick and
Capital West, and offers an array of managed accounts,  mutual funds, closed-end
funds,  alternative financial products,  and institutional  management services.
For more information, visit www.phoenixinvestments.com.

     With a history  dating to 1851,  The Phoenix  Companies,  Inc. is a leading
provider  of  wealth  management   products  and  services  to  individuals  and
businesses.  Through a variety of advisors and financial services firms, Phoenix
helps the affluent and high net worth  accumulate,  preserve and transfer  their
wealth  with an  innovative  portfolio  of  insurance,  annuity  and  investment
management  products  and  services.   Both  Phoenix's  and  Phoenix  Investment
Partners' corporate offices are in Hartford, Conn.
[{"type": "8-K", "sequence": "1", "filename": "pxp8k_111201.txt", "description": "KAR ACQUISITION", "secsgml_size_bytes": 9499}]
{"company-data": {"conformed-name": "PHOENIX COMPANIES INC/DE", "cik": "0001129633", "assigned-sic": "6331", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-16517", "film-number": "1797976"}, "business-address": {"street1": "ONE AMERICAN ROW", "street2": "PO BOX 5056", "city": "HARTFORD", "state": "CT", "zip": "061025056", "phone": "8604035000"}}
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: November 12, 2001
                        ---------------------------------
                        (Date of earliest event reported)

                           THE PHOENIX COMPANIES, INC.
                           ---------------------------
             (Exact name of registrant as specified in its charter)
Delaware                                   1-16517                                06-0493340
                --------                                   -------                                ----------
     (State or other jurisdiction of              (Commission File Number)             (IRS Employer Identification No.)
             incorporation)
One American Row, Hartford, Connecticut 06102-5056
               --------------------------------------------------
               (Address of principal executive offices) (Zip Code)

                                  860-403-5000
                                  ------------
              (Registrant's telephone number, including area code)
Item 7.  Exhibits.

     99.1 Press release of Phoenix Investment  Partners,  Ltd., the wholly owned
asset management  subsidiary of The Phoenix Companies,  Inc., dated November 12,
2001, regarding the announcement of a definitive agreement to acquire a majority
interest in Kayne Anderson Rudnick Investment Management, LLC.

Item 9.  Regulation FD Disclosure.

     On November 12, 2001,  Phoenix  Investment  Partners,  Ltd.  issued a press
release,  a copy of which is attached hereto as Exhibit 99.1 and is incorporated
herein by reference.
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.

                                                    THE PHOENIX COMPANIES, INC.

                                           By:      /s/ Carole A. Masters
                                                    ---------------------------
                                           Name:    Carole A. Masters
                                           Title:   Vice President and Counsel

         Date: November 12, 2001
EXHIBIT INDEX
Exhibit Number                                    Exhibit
--------------                                    -------
99.1                                              Press release, dated November 12, 2001, regarding the announcement of a
                                                  definitive agreement to acquire a majority interest in Kayne Anderson
                                                  Rudnick Investment Management, LLC.
Exhibit 99.1

[GRAPHIC OMITTED][GRAPHIC OMITTED]

Contact: Sharon Bray o Phoenix Investment Partners o (860) 403-5748
Ralph Walter o Kayne Anderson Rudnick o (310) 712-2929

       Phoenix Investment Partners to Acquire A Majority Interest in Kayne
           Anderson Rudnick, Supports Managed Account Growth Strategy

      Second money manager acquisition announced within 30 days will add $7
                                 billion in AUM

     Hartford,  Conn.  and Los  Angeles,  Calif.  November  12, 2001 --- Phoenix
Investment Partners,  Ltd., the wholly owned asset management  subsidiary of The
Phoenix  Companies,  Inc.  (NYSE:  PNX),  announced  it has signed a  definitive
agreement to acquire a majority  interest in Kayne Anderson  Rudnick  Investment
Management,  LLC, a 17-year-old Los Angeles-based  investment firm managing over
$7 billion in assets. Kayne Anderson Rudnick applies a disciplined "Quality at a
Reasonable  Price"  investment  philosophy  to  a  broad  range  of  equity  and
fixed-income   products   primarily   for   the   sponsored   managed   account,
high-net-worth and institutional markets. The addition of Kayne Anderson Rudnick
will expand  Phoenix's  diversified  investment  capabilities and asset base and
support the firm's managed account growth strategy.

     "We are impressed with Kayne Anderson  Rudnick's  commitment to quality and
disciplined management of client assets, and we are pleased to partner with such
a reputable and  well-established  firm in the managed  account  industry," said
Philip R. McLoughlin,  Phoenix Investment Partners' Chairman and Chief Executive
Officer. "Kayne Anderson Rudnick's sponsored managed account business,  combined
with Phoenix's  existing  capabilities,  will enhance this segment of our retail
business."

     Kayne Anderson Rudnick's Chief Executive Officer Richard A. Kayne said, "We
are  extremely  excited  about  our  new  partnership  with  Phoenix  Investment
Partners,  and are confident the relationship will be mutually beneficial.  This
alliance  will  allow  us  the  opportunity  to  grow  by  leveraging  Phoenix's
distribution and support resources. As part of the Phoenix organization, we will
be able to maintain our distinct culture and investment philosophy - the essence
of our firm."

     Under the agreement,  Phoenix will purchase an initial 60 percent  interest
in Kayne Anderson Rudnick Investment  Management LLC for an amount to be paid in
cash based upon management fee revenues at close.  An additional  payment may be
made based upon management fee revenue growth of the purchased  business through
2003. The agreement  further provides for Phoenix to increase its interest by 15
percent by 2007. The remaining ownership interests will be retained primarily by
Kayne Anderson Rudnick  portfolio and executive  management.  The transaction is
expected  to  close  in the  first  quarter  of 2002  following  receipt  of all
necessary client  approvals.  The transaction does not include KA Associates,  a
broker/dealer, or Kayne Anderson Capital Advisors LP, an alternative investments
advisor.

     Kayne  Anderson  Rudnick's  investment  management  operations  will remain
unchanged,   and  existing  management  will  continue  to  be  responsible  for
day-to-day   management  of  the  firm.  Certain  key  portfolio  and  executive
management team members,  including  Chief  Executive  Officer Richard Kayne and
Chief  Investment  Officer  Allan  Rudnick,  have  signed  long-term  employment
contracts with the firm.

     Upon  completion of this  transaction  and the  acquisition of Capital West
Asset Management, which was announced on October 15, Phoenix Investment Partners
will have eleven investment  affiliates,  with seven  participating in sponsored
managed  account  programs.   Each  affiliate  operates   independently  in  the
management of assets.  Phoenix provides centralized support to the affiliates in
the  form  of  distribution,  marketing,  product  development,  compliance  and
operations.

     Phoenix  Investment  Partners is being  advised by De  Guardiola  Advisors,
which has represented the firm in previous  transactions,  including the pending
acquisition of Capital West Asset  Management.  Kayne Anderson  Rudnick is being
represented by Putnam Lovell Securities Inc.

     Kayne  Anderson  Rudnick  Investment   Management,   LLC  is  a  registered
investment  advisor based in Los Angeles,  managing over $7 billion in assets as
of September 30, 2001, for high-net-worth individuals,  endowments, foundations,
corporations, public funds and pension plans. The firm was founded by Richard A.
Kayne and John E. Anderson in 1984,  and in 1989,  Allan Rudnick joined the firm
as  President  and  Chief  Investment  Officer,   when  the  firm  launched  its
disciplined,  high-quality  investment  approach.  For more  information  on the
company and its portfolios, visit www.kayne.com.

     Phoenix Investment  Partners,  Ltd.,  managing $54.8 billion as of June 30,
2001, is the wholly owned investment  subsidiary of The Phoenix Companies,  Inc.
(NYSE: PNX). Phoenix Investment  Partners provides  individuals and institutions
with  disciplined  money  management  through nine  subsidiaries  and  strategic
partners,  excluding  the pending  acquisitions  of Kayne  Anderson  Rudnick and
Capital West, and offers an array of managed accounts,  mutual funds, closed-end
funds,  alternative financial products,  and institutional  management services.
For more information, visit www.phoenixinvestments.com.

     With a history  dating to 1851,  The Phoenix  Companies,  Inc. is a leading
provider  of  wealth  management   products  and  services  to  individuals  and
businesses.  Through a variety of advisors and financial services firms, Phoenix
helps the affluent and high net worth  accumulate,  preserve and transfer  their
wealth  with an  innovative  portfolio  of  insurance,  annuity  and  investment
management  products  and  services.   Both  Phoenix's  and  Phoenix  Investment
Partners' corporate offices are in Hartford, Conn.