Beneficient (Ben) is a FinTech company focused on the high-growth global alternative asset management industry. The company provides early liquidity to medium-to-high net worth (MHNW) individuals and small-to-midsized institutions (STMIs) by leveraging a proprietary FinTech platform, as well as primary capital solutions to General Partners (GPs). Ben's balance sheet has been built from loans collateralized by alterative assets diversified across asset classes, sectors, and geographies, with ~830 investments across 250+ funds. The company's subsidiary, Beneficient Fiduciary Financial, received a charter under the State of Kansas' Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight by the Office of the State Bank Commissioner.
29 Aug 2024
BENF: Initiating Coverage of a Unique FinTech Platform Focused on Alternative Asset LPs/GPs
Sign up for free to access
Get access to the latest equity research in real-time from 12 commissioned providers.
Get access to the latest equity research in real-time from 12 commissioned providers.
BENF: Initiating Coverage of a Unique FinTech Platform Focused on Alternative Asset LPs/GPs
Beneficient (Ben) is a FinTech company focused on the high-growth global alternative asset management industry. The company provides early liquidity to medium-to-high net worth (MHNW) individuals and small-to-midsized institutions (STMIs) by leveraging a proprietary FinTech platform, as well as primary capital solutions to General Partners (GPs). Ben's balance sheet has been built from loans collateralized by alterative assets diversified across asset classes, sectors, and geographies, with ~830 investments across 250+ funds. The company's subsidiary, Beneficient Fiduciary Financial, received a charter under the State of Kansas' Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight by the Office of the State Bank Commissioner.