PRESS RELEASE
Dallas, TX – September 20, 2022 – Avalon Acquisition Inc. (“Avalon”) (NASDAQ: AVAC), a publicly traded special purpose acquisition company, today announced a definitive merger agreement with The Beneficient Company Group, L.P. (“Ben” or “the Company”), a technology-enabled platform providing liquidity, data, custody and trust services to holders of alternative assets, that will result in the Company becoming publicly listed.
PRESS RELEASE
DALLAS – May 4, 2022 – Brad Heppner, the CEO of Dallas-based alternative asset liquidity provider The Beneficient Company Group, was named an Entrepreneur Of The Year® 2022 Central Plains Award finalist.
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 state.
PRESS RELEASE
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 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).
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).
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 and managers under Kansas’ 2021 Technology Enabled Fiduciary Financial Institutions (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 Fiduciary Financial Institutions (TEFFI) Act.
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 fiduciary services for their alternative assets, today announced the effectiveness of amendments.
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.
PRESS RELEASE
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.
