UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Notice of Effectiveness
Effectiveness Date:	December 20, 2011

Accession Number:	0001398344-11-002387
Submission Type:	485APOS
CIK: 0000842436 Company Name: ALPINE EQUITY TRUST File Number: 033-25378 REFERENCED SERIES/CLASSES (CONTRACTS) Series ID Class/Contract Name S000005192 Alpine Cyclical Advantage Property Fund C000014170 Alpine Cyclical Advantage Property Fund Series ID Class/Contract Name S000005193 Alpine Realty Income & Growth Fund C000014171 Alpine Realty Income & Growth Fund C000109319 Class A Shares Series ID Class/Contract Name S000005194 Alpine International Real Estate Equity Fund C000014172 Alpine International Real Estate Equity Fund C000109320 Class A Shares Series ID Class/Contract Name S000023641 Alpine Emerging Markets Real Estate Fund C000069631 Alpine Emerging Markets Real Estate Fund C000109321 Class A Shares Series ID Class/Contract Name S000023642 Alpine Global Infrastructure Fund C000069632 Alpine Global Infrastructure Fund C000109322 Class A Shares Series ID Class/Contract Name S000031048 Alpine Global Consumer Growth Fund C000096277 Alpine Global Consumer Growth Fund C000109323 Class A Shares