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Tribute to Thomas O. Hicks: Legacy of a Private Equity Pioneer

Beneficient (BENF) | December 10, 2025

By Liam Parker

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Beneficient mourns the passing of Thomas O. Hicks, Chairman of the Board of Directors.

Thomas O. Hicks leaves behind a legacy of visionary leadership and innovation in private equity.

His impact extended beyond business to shaping Dallas and Texas through various ventures.

Private Equity Pioneer

Co-founder of Hicks & Haas and Hicks, Muse, Tate & Furst.

Legacy of Leadership

Served on the Beneficient Board since 2017, appointed Chairman in July 2025.

Visionary for Dallas

Owned Dallas Stars and Texas Rangers, instrumental in developing American Airlines Center.

  • The passing of Thomas O. Hicks marks the end of an era in private equity leadership.
  • Beneficient faces the challenge of continuing operations without his guiding hand.
  • The company's commitment to honoring Hicks' legacy will shape its future direction.

Beneficient pledges to uphold Thomas O. Hicks' vision and values in its ongoing mission.