Thomas O. Hicks Named Texas Business Hall of Fame 2022 Inductee
DALLAS- May 13, 2022 – Beneficient is excited to announce that Thomas O. Hicks, Ben’s Senior Partner Director, was named as one of the 2022 inductees who will join the…
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Ben Announces the Funding of Beneficient Heartland Foundation
PRESS RELEASE DALLAS – April 14, 2022 – The new foundation will direct funding to support community development projects in Hesston, Kansas and other rural communities, colleges, and universities throughout…
The Beneficient Company Group Sells Initial Loan Participation with Exposure to Alternative Assets to Prosperity
DALLAS April 1, 2022 – The Beneficient Company Group, L.P. (Ben), a leading technology-enabled fiduciary financial institution serving the new emerging market demand from investors seeking regulated fiduciaries that provide…
Technology-Enabled Fiduciary Financial Institutions (TEFFI) Act
Groundbreaking legislation benefiting the alternative asset industry and rural Kansas communities The Technology-Enabled Fiduciary Financial Institution (TEFFI) Act is a comprehensive statutory and regulatory framework designed to attract private investment…
Beneficient Receives Charter from the State of Kansas
PRESS RELEASE DALLAS — January 3, 2022 — The Charter enables Ben to serve as a regulated fiduciary in providing liquidity, custodial and administrative management services to alternative asset investors…
Beneficient Announces Initial $15 Million Community Reinvestment to Kansas as Part of the TEFFI Act
PRESS RELEASE DALLAS — Jan. 20, 2022 — Ben announced an initial contribution of $15 million for the benefit of rural Kansas communities pursuant to the recently enacted Technology Enabled…
The Beneficient Company Group Announces Separation from GWG Holdings, Inc.
PRESS RELEASE DALLAS — November 29, 2021 — The Beneficient Company Group, L.P. (Ben), a leading technology-enabled financial services company serving the growing market of investors seeking liquidity and other…
Establishing the First-of-Its-Kind Regulatory Framework for the Industry through the TEFFI Act
LEGISLATION DALLAS — June 15, 2021 — The Kansas TEFFI Act is a gamechanger for our industry as it provides the first unifying regulatory framework for general partners, sponsors, custodians,…
Derek Fletcher Discusses Kansas TEFFI Law in Private Funds CFO Publication Q&A
LEGISLATION DALLAS — June 8, 2021 — The law, called the Technology Enabled Fiduciary Financial Institutions Act, allows for the creation and chartering of trust banks, to be known as…
Maria Rutledge Named Ben’s Chief Technology Officer
PRESS RELEASE DALLAS — August 1, 2021 — In her new role, Maria will oversee all of Ben’s proprietary systems, customized data management solutions, artificial intelligence and automation, and robust…
Ben Receives Conditional Charter from Kansas State Banking Commissioner
PRESS RELEASE DALLAS — July 6, 2021 — Ben announced the issuance of a conditional charter from the Kansas State Bank Commissioner to establish a fiduciary financial institution within the…
Board Member Richard Fisher Talks TEFFI on CNBC’s Squawk Box
BEN UPDATES In an interview with CNBC, Ben Board member Richard Fisher chats about the transformative potential of new legislation that could help Kansas become a national hub for alternative…