BEN PERSPECTIVES SERIES How is Ben’s Originations team boldly shaping and embracing our mission objective to democratize the global alternative assets industry by addressing the unmet annual market demand for…
TEFFI Act Proceeds Funding Economic Redevelopment and Grocery Store Project in Hesston, Kansas and Dozens of Microgrants for Economic Improvement Dallas, TX – November 21, 2024 (GlobeNewswire) – Beneficient (NASDAQ:…
Thirteen small communities in Kansas will receive economic grants, thanks to the funds generated by the Kansas Technology-Enabled Fiduciary Financial Institutions (TEFFI) Act, under which one of Beneficient’s subsidiaries received…
TEFFI Thanks to the TEFFI Act, which Beneficient championed in Kansas last year, a new grocery store is coming to Hesston, KS paid for by funds generated from TEFFI operations.
TOPEKA – August 24, 2022 – Lieutenant Governor and Commerce Secretary David Toland announced a new grant opportunity today that will help support economic development and revitalization efforts in smaller…
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…
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…
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…
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…
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,…
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…
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…