First Nations Economic Development Corporation (FNEDCO) and First Nations Capital Partners, LLC (FNCP)

FNEDCO Members Tim Turner, Gordon Calac, Ruth Ann Thorn, Shalome Briggs, Steve Stallings

The other investment entity, FNEDCO, holds the tribe’s interest in First Nations Capital Partners, a private equity fund. First Nations Capital Partners, LLC (FNCP) is the first inter-tribally controlled private equity firm in the United States. Further, it is the first and only fund of its kind to bring together two sovereign Indian nations and a prestigious financial institution. In addition to the Rincon Band of Luiseño Indians, FNCP’s other principal investors include the Colusa Indian Community Council, and Wells Fargo Bank, each of which committed $5 million to the fund. FNCP’s mission is to acquire or provide capital for growing profitable companies in traditional industries in the 11- Western states. FNCP provides active management of its portfolio companies, transforming the businesses from reasonably successful entrepreneurial-based companies to professionally managed and operated companies with increased revenues, profits and value.

FNCP currently owns the controlling interest in a plastic card manufacturing company located in Southern California and a cordage and rope manufacturing company located in Washington State, a container company in Ontario, CA and an off-road parts manufacturing company in Paso Robles.

Investment Committee – Scott Layton, Gordon Calac, Lacey Calac Dunne, Shalome Briggs, Steve Stallings