PRESS RELEASE
DALLAS – August 22, 2023 – Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled platform providing liquidity and related trust and custody services to holders of alternative assets, today announced the successful completion of System and Organization Controls (“SOC”) certifications.
PRESS RELEASE
DALLAS— August 2, 2023 —Beneficient (NASDAQ: BENF) (together with its affiliates, “Ben” or the “Company”), a technology-enabled platform providing liquidity and related trust and custody services to holders of alternative assets, today announced that it has consummated the financing of a liquidity transaction for a customer with respect to multi-family real estate alternative assets with a net asset value (“NAV”) of approximately $38 million. Pursuant to the terms, Ben now holds a fiduciary loan with an initial principal balance of approximately $38 million to certain of the trusts of which its affiliate serves as trustee, which acquired alternative assets in exchange for 3,768,995 shares of Beneficient’s Series B-1 Resettable Convertible Preferred Stock at a price of $10.00 of NAV per share (the “Preferred Stock”).
PRESS RELEASE
DALLAS, July 17, 2023 – New Public Access to Online Platform Provides Range of Digital Custody and Liquidity Solutions for Holders of Alternative Assets Seeking Secure, Rapid and Cost-Effective Early Exits.Company Also Launches AltQuote™ as Part of AltAccess® Online Platform, a Complete Web-based Tool for Rapid Liquidity Pricing of Illiquid Alternative Assets
PRESS RELEASE
DALLAS, June 08, 2023 – Today, Beneficient begins trading publicly on Nasdaq under the ticker BENF after closing financing on over $1.1B in exit opportunities in alternative assets.
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.
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.
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.
BEN PERSPECTIVES SERIES
As Chief Technology Officer, Maria is shaping the future of how we can equip and empower our clients to take control of their alternative investments through technology-enabled solutions.
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).