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September 25, 2005 |  Native American Capital

Richard Lewis, a Senior Financial Services Industry Professional, Joins Native American Capital, LP National Advisory Board

WASHINGTON, D.C. (September 25, 2005) -- Native American Capital (NAC), LP, an 'All Indian Country' social private equity fund, has announced the appointment of Richard Lewis to its National Advisory Board. Mr. Lewis is a senior financial services industry professional, who will play a major liaison role between NAC and the financial and banking centers throughout the United States . Mr. Lewis is also a specialist on financial services in the government contracting marketplace and will assist NAC with the development of its equity and near-equity financial products.

"We are pleased that Mr. Lewis has agreed to help guide our efforts to invest in high growth businesses in Native American communities," said Joe Falkson, senior managing director of NAC, LP. "Both his expertise and contacts in the financial services and banking sectors fill a major need for NAC as it reaches out to attract both deal flow and investment into Indian Country from outside traditional Indian Country venues."

Led by Native Americans, NAC, LP, is the first private equity and venture capital firm serving a national American Indian market. Targeted investments have a special focus on health care, infrastructure, the environment, education, and commerce.

Richard Lewis is Vice President, Marketing and Business Development, Commerce Funding Corporation, in the Washington , DC area. He has been assisting government contractors; 8a, Native American, woman, veteran, and other minority owned and disadvantaged companies that require financial support. During the 1990's to 2002 Mr. Lewis was a CFO and/or consultant to numerous start up, fast growth, technology companies needing assistance in financing alternatives, strategic planning, marketing, and mergers and acquisitions. He initiated a "business plan only" IPO for his then company, Virtusonics Corporation, a software development company, in 1985, some 10 years ahead of the dot.com trend of the 1990's. After being awarded a Bachelor of Science Degree then a MBA in Finance and International Business from New York University's Stern School of Business, where he was a scholarship student, Mr. Lewis began his career in banking with A. J. Armstrong & Co. (ne: Bank of America Business Credit). He moved to The Chase Manhattan Bank, to start its leverage buyout activities in 1980, then to General Electric Capital Corporation to help start a financing vertical in the Retailer Financing Division.

 
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