A Wichita-based capital management firm that was targeted a year ago by state securities investigators has a new name and a new office location.
Benessere Holdings, once known as Lion Share Capital, has leased 3,400 square feet of office space in Real Development's Wichita Executive Centre, according to Real Development partner Dave Lundberg.
The lease, signed in July, was rent-free for three months, said Lundberg. It grew out of the developer's longtime association with Greg Buss, the Lion Share official who brokered Lundberg's initial Wichita building purchases.
Beginning Nov. 1, the company begins paying rent, Lundberg said. Lion Share was located at 110 S. Main, Suite 410, until this summer.
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In December 2009, the Kansas Securities Commissioner's office put Lion Share under a cease-and-desist order alleging that it obtained more than $550,000 to find lenders for more than 20 companies in Kansas and across the United States.
No further action has followed the cease-and-desist order, but a source close to the case said state securities investigators have continued to gather information about the company. Megan Bottenberg, a spokeswoman for the securities commissioner, said Tuesday that she could not confirm or deny any ongoing investigation.