Jacques Laffitte
Rives tried to convince investors in London to partner with him in a business venture, but found no takers. He went to Paris, where he claimed still to represent the Kingdom of Hawaii. He raised financing in early 1826 from the banker Jacques Laffitte and other investors, including the Javal family, to form a joint stock company to profit from trade with Hawaii. He also signed a treaty with the French government too guarantee his firm favorable trading rights. They did not trust Rives with overall management of the expedition, so hired Captain Auguste Bernard Duhaut-Cilly (1790–1849) as commander. They sailed from Le Havre on "Le Héros" on April 10, 1826 to Alta California. The French were more interested in exploiting the vast western coast of North American than isolated Pacific islands.