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

FNEDCO Board(left to right): James Murguia, Elizabeth Rogers, Shalome Briggs, Gordon Calac

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.

FNCP Members (left to right): John Upshur, Steven Stallings, James Murguia, Elizabeth Rogers, Shalome Briggs, Gordon Calac, Richard Schaper
Investment Committee (left to right): James Murguia, Shalome Briggs, Gordon Calac, Steven Stallings | Not Pictured: Lacey Calac Dunne and Scott Layton