The Ben™ Way
Ben was formed to serve the unmet need for liquidity for mid-to-high net worth individuals and small-to-mid-sized institutions who are locked into long-term alternative asset investments. We are designed to provide liquidity for most types of professionally managed alternative asset investments, including:
- Private equity
- Venture capital
- Leveraged buyouts
- Special situations/structured credit
- Private debt
- Real estate
- Feeder funds
- Fund of funds
- Life insurance policies
- Natural resources
- Non-traded BDCs
- Non-traded REITs
- Client Issues Ben
|Net Consideration Received by Client||Goal of at or near client’s Net Asset Value (NAV), which will vary||Maximize discount to client’s NAV|
|Process||Simple—because of plain English, 20 page short-form agreements||Complicated—hundreds of pages of contracts and forms requiring specialized legal review|
|Time to Closing||Rapid—30 days due to standardized underwriting via Ben’s secure online client portal||Long—6-18 month, drawn-out process incurring intermediary brokers and consultants even if closing does not occur|
|Cost||Cost effective—no intermediaries, lawyers, or hidden fees||Very expensive—costs for lawyers, brokers, advisors, and consultants incurred even if closing does not occur|
Client identifies need for liquidity from their alternative asset. Ben offers a range of liquidity solutions.
Client provides documentation through a safe and secure online portal to Ben. Ben underwrites and presents simplified terms and product documents.
Client places all or part of the alternative asset into custody with Ben’s ExAlt Plan Custody Trust.
Client receives consideration of cash, equity or debt securities issued by a registered public Nasdaq exchange-traded company or an affiliate thereof based on the Ben liquidity solution selected.
To learn more, download the complete white paper, "Tapping the Liquidity Locked in Alternative Assets," by Brad K. Heppner, Founder and CEO, Ben.