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, and transfer agents to better serve a growing pool of alternative asset investors and managers who finance and manage alternative asset holdings.
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 TEFFIs, that as fiduciaries, finance alternative assets held in Kansas trusts as well as provide custodial and trustee services in the state.
TEAM UPDATE
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 application stack as Ben seeks to meet growing demand for liquidity and other services in the alternatives market.
TEAM UPDATE
DALLAS — Sept. 02, 2021 (GLOBE NEWSWIRE) — Ben announced the creation of a newly formalized Credit Portfolio Risk & Quantitative Analytics team led by Dr. Samuel Hikspoors who will serve as the company’s Credit Risk Officer. The new department is key to the future as the company looks to expand its current offerings and grow.
LEGISLATION
DALLAS — July 6, 2021 — Ben announced the issuance of a conditional trust banking charter from the Kansas State Bank Commissioner to establish a fiduciary financial institution within the State of Kansas. The conditional charter, issued July 1, 2021, marks the beginning of Ben’s role as pilot under a new set of industry regulations enacted within the State of Kansas through the Technology Enabled Fiduciary Financial Institutions (TEFFI) Act.
TEAM UPDATE
DALLAS — May 18, 2021 — Leading liquidity provider for alternative asset investors today announced three new senior additions as part of an expansion of Ben’s Originations team: Chris Ellis, Jonathon Tupper and consultant Cesar Baez.
BEN PERSPECTIVES
Brad Heppner tells Fox Business anchor Liz Claman about Ben’s strategy for alternative assets and how a new law in Kansas aims to make the state a key financing hub for the $8.8 trillion alternative asset industry.
TEAM UPDATE
DALLAS – December 17, 2020 – The Beneficient Company Group announced it has hired two deeply experienced Managing Directors to strengthen the firm’s Underwriting and Originations teams.
PRESS RELEASE
DALLAS — August 5, 2021 — Ben announced the launch of a first-of-its-kind liquidity platform and suite of private trust solutions that seeks to offer simple, rapid, and cost-effective liquidity solutions for owners of alternative assets.
TEAM UPDATE
DALLAS – December 2, 2019 – The Beneficient Company Group, L.P. (“Ben”), which empowers investors with new liquidity options for their alternative asset portfolios, announced today that James Silk will join the company as Executive Vice President and Chief Legal Officer.
