Press Releases

The Beneficient Company Group, a Leading Technology-Enabled Provider of Liquidity and Related Services to Investors in Alternative Assets, to Go Public via Combination with Avalon Acquisition Inc.

PRESS RELEASE
DALLAS and SAN FRANCISCO, Oct. 03, 2022 — The Beneficient Company Group, L.P. and Avalon Acquisition Inc. today announced that Beneficient has delivered to Avalon its audited financials for calendar years 2020 and 2021, along with the transition period ended March 31, 2022, to Avalon.

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The Beneficient Company Group Sells Initial Loan Participation with Exposure to Alternative Assets to Prosperity

PRESS RELEASE
DALLAS – March 28, 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 liquidity, custody and trustee management services for their alternative assets, today announced it sold a participation in a loan collateralized with alternative asset funds to affiliates and advised (or related) entities of Prosperity Asset Management, LLC (Prosperity).

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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 application stack as Ben seeks to meet growing demand for liquidity and other services in the alternatives market.

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