Park City, Utah. He is also a graduate of Thunderbird School of Global Management ('77) as is his wife. Karl Polen | Chief Investment Officer of Arizona State Retirement The company made another contribution $10,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) two weeks before election day. The McCain group has also accepted at least $100,000 from the Pivotal Foundation, which was created by Francis Najafi who owns the Pivotal Group, a private equity and real estate firm. Mr. Najafi serves as a Board Member of several private companies. Global Capacity Announces Acquisition by Pivotal Group - PR Newswire unwavering efforts to advance global business and global citizenship, A Credit Suisse spokesman didn't dispute the loss but wouldn't comment. The project was shopped to 80 potential investors, none of whom ventured a bid. Jamshid Jahm Najafi (born March 1963)[1] is an Iranian-American billionaire[2] businessman. PHOENIX--(BUSINESS WIRE)--F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, was By the fourth year or earlier, the program will have expanded to Europe and Central Asia with 40 total languages. Headquarters 1934 Old Gallows Rd Ste 350, Tysons Corner, Virginia, 22182, United States (703) 752-6178 Pivotal Group Profile and History Established in 1985, Pivotal Group is an investment company that focuses on private equity and real estate. (TGen); active in the Public Affairs Alliance of Iranian Americans The list of its authors can be seen in its historicaland/or the page Edithistory:Francis Najafi. [5][6], Najafi continued his education at the University of Southern California where he worked as a Teachers Assistant (197779) while completing a Masters Degree in International Relations and his Ph.D. candidacy in the International Political Economy program. With more than 40 years of experience, Pivotal Group is an active investor across multiple asset classes, and today maintains a focus on Private Equity, Growth Equity, and Real Estate. Michael Olsen Chief Financial Officer Globe Corp. Brad Parker Executive Vice President, West Region PNC Bank. But it doesnt make the money any less dark, as there is no way to know the real source of the funds. organization of its kind in the U.S., presented the award. Prominent holdings include Los Angeles' Century Plaza Hotel and the Ritz-Carlton in Phoenix. 0000003867 00000 n Our most important investment criterion is an outstanding management team. Disclosure of who is spending money in elections is a vital component of our campaign finance system, but transparency is undermined when a wealthy donor launders their contribution through a shell company, said Brendan Fischer, director of federal reform at the nonpartisan Campaign Legal Center. North of downtown, in an affluent suburb near the Biltmore Golf Club played by presidents Eisenhower, Kennedy, Johnson, Nixon, Ford and George H.W. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. www.vbprofiles.com is now www.topionetworks.com. Atlanta Inno - Parent company of SnapNurse files $17.8M raise Pivotal Group appeared to be the VC, which was created in 1982. AZ Inno - My View: Arizona has a growing number of entrepreneur funding Najafi is founder and CEO of Pivotal Group, a 30-year-old investment firm with extensive experience in private equity investments, and all major real estate product types. All rights reserved. Pivotal's real. He founded the privately held firm 30 years ago, investing in landmark properties. (Photo by Joe Jaszewski for The Washington Post via Getty Images). They gave just $20,400 to Republicans during that time. The learners in the initiativewill receive a badge for each course they complete and a 15-unit accredited certificate upon successful completion of all five courses. Hoovestol and his wife Monica arent quite megadonors, but they have given $118,320 to Republican candidates and groups and just $1,050 to Democrats since 2002, according to data from the Center for Responsive Politics. The Valley's Most Powerful Men2011 - Page 6. Just because you can suspect an LLC has connections to company, it doesnt really tell you anything about the source of the money, Fischer said. All rights reserved. . Najafi was also a founding partner of Social Venture . Francis Najafi - Add Relationship - LittleSis through which more than 12 million immigrants passed in their quest for Francis Najafi is an Iranian-American businessman and investor. The law firm, located in a suburban office building with other law firms, a financial services firm and a teak furniture store, did not respond to a request for comment. Despite being located in a drab single-story office building, Corporation Trust Center is the go-to registered agent for companies that dont want to be found, serving as the registered agent address for roughly 300,000 businesses as of 2018 including Apple, WalMart and Coca-Cola. Large development planned for Central & Indian School could not find your e-mail or password. They will have lifelong learning options and alternative educational pathways through Thunderbird and ASU, or will be able to transfer the credits to other universities worldwide. As one of the leading Iranian-American entrepreneurs in the The first contribution was refunded, while Blue Magnolia Investments contribution was re-attributed to Berkshire Hathaway Automotive CEO Larry Van Tuyl, signaling that shedding light on these straw donors can force real disclosure. Homeowners and a group of other creditors expressed confidence in Najafi's continued management and his $30 million bid, which pays off some debts, but not the Credit Suisse loan holders. An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . [1] He is the founder of Pivotal Group - a private equity and real estate investment firm based in Phoenix, Arizona and he is a minor shareholder of the NBA's Phoenix Suns. Same platform but with new and improved features. The Pivotal Foundation has in the last three years given $205,000 to the National Iranian-American Council (NIAC), which has been a vocal advocate for the Iranian nuclear deal the Obama . public service activities offered by the Urban Land Institute. And in a $244,200 contribution to Paul Ryans joint fundraising committee. We see every color, Ballet Arizona announced it recently received a multi-year gift in the amount of $500,000 from Mr. F. Francis & Mrs. Dionne Najafi of the Pivotal Group, a private entrepreneurial investment firm. Dan Mahoney, co-chair of Snell & Wilmer's Venture Capital and Private Equity Industry Group. Im honored to be among the This unrestricted gift will support the production and operating costs that Ballet Arizona incurs to produce its six mainstage performances over the . Francis Najafi. He is also a partial owner and vice chairman of the Phoenix Suns NBA team. Pivotal Group 6 Investments, 2 Exits, 5 Portfolio companies Unicorn In this case, the source of the money is Kovner, but it takes some digging to figure that out, and BK2s contributions arent always disclosed as such. DPUS didnt limit its political giving to federal elections. Mitchel Sayare Chairman of the Board PharmAthene, Inc. Hilla Sferruzza (Photo by Wes Clowers). For the first time since December 30, the Sun Devil women's basketball team (8-5, 0-0 Pac-12) will return to action on Friday (5 p.m. MST) when it hosts No. The owner is Wayne Hoovestol, a midwest businessman who owns several farming and trucking-related businesses, including Hoovestol, Inc, many of which use the same Iowa address. Restoring Arizonas Integrity made all of its independent expenditures $59,796 in the Arizona 9th Congressional District Democratic primary to oppose Andrei Cherny, who would go on to lose to Sinema during her first successful bid for the House. Francis Najafi email address & phone number | Pivotal Group Chief Global management certificate to be available at no cost, in 40 languages. Phoenix philanthropists Francis and Dionne Najafi are funding an accredited online Global Management and Entrepreneurship Certificate, consisting of five world-class courses in 40 different languages, as part of the Francis and Dionne Najafi 100 Million Learners Global Initiative. Pictured is a section of the Boise, Idaho skyline. Today, with its capital resources, experience and expertise, Pivotal Group is well positioned for continued success in the private equity and real estate markets. Hakuziyaremye said Africans across the continent will be able to access a world-class global education. Mr. Najafis interest and commitment to community service spans the [26] The company invested approximately $200 million to Jeff Berg's talent agency, Resolution, after Najafi negotiated the deal in 2013. The architecturally diverse structures would allow family members to engage in their individual pursuits and gather for joint recreation and celebration. That is so unique to Thunderbird.. Technically, the town is on the Nebraska side of the Missouri River in Omaha, and its horseshoe-shaped lake was once an oxbow bend of the river itself. The firm recently acquired Global Capacity, the worlds Copyright 2021 Pars Equality Center. For more information, visit. Website by Needlestack. Access to higher education and the need for equity and inclusion is one of a global scale, ASU President Michael Crow said. a symbol of freedom and tolerance around the world, said Senator John privateequity@pivotalgroup.com, Contact Richard Garner "There is no question in my mind that the economy will recover.". [13][6][27], In 2014, Najafi, through Najafi Cos., invested between $75 and $100 million to Paula Deen and Paula Deen Ventures to fuel her rebranding after she was fired from The Food Network in June 2013. Najafi insisted the bankruptcy was not his doing. ), One month before National Vistas incorporation, Melaleuca made its own $400,000 contribution to SLF, along with a separate $400,000 to, (CLF) on the same date. Habib also got another $3,900 from the Iranian American PAC. PDF F. Francis Najafi Founder and CEO Pivotal Group - Urban Land Institute 6 0 obj <> endobj Pivotal Group is a leading investment company focused on private equity Former recipients include business icons 0000175548 00000 n My wife and I think of education as part of your basic human rights. "Ultimately, I believe in the magic of America," said Najafi, an Iranian-born, self-made real-estate tycoon who believes the market for expensive second homes will come back. The use of shell company contributions to super PACs is a growing trend that has captured the attention of government watchdogs. country, Francis outstanding career is matched only by his sincere Flooding changed the course of the river in 1897 leaving a two-mile square piece of Iowa forever marooned in Nebraska. In 1982, he founded Pivotal Group, a real estate opportunity fund. Lee Iacocca, Rupert Murdoch and Barron Hilton. Jahm Najafi: Wiki, Bio, Age, Height, Wife, Family, Net Worth, House Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. said Thunderbird President ngel Cabrera, Ph.D. Mr. We assist management with strategy and equip them with capital to help realize their companys potential. Later he broadened Pivotal Groups mandate, successfully investing in private equity and growth venture opportunities. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. Equal Housing Opportunity. The LLCs address, 200 Owen Parkway Circle, is the same as Lone Mountain Truck Leasing, and its registered agent in Iowa is Andy Lucht, CFO of the truck company. Francis Najafi, Founder and Chief Executive Officer, Pivotal Group The initiative, made attainable by a $25 million donation from the Najafis, will educate and empower 100 million learners by 2030, with 70% of them girls. 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. The developer is Valley resident F. Francis Najafi, founder and CEO of The Pivotal Group. Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. Before becoming CEO of Pivotal Private Equity and partner and COO of the parent company, The Pivotal Group, which he headed with his brother, Francis Najafi, Najafi worked for Salomon Brothers, a Wall Street firm that later joined Citigroup. [4] Upon graduation from ASU, he attended the Thunderbird School of Global Management and earned a Masters Degree in International Management in 1977. But they dont appear to be on the same page politically. However, National Vista did something of note besides bankrolling a super PAC. his commitment to the ideals for which Thunderbird stands and his With $25M Gift, Thunderbird Launches Global Initiative To Educate 100 [3], Najafi has a bachelor's degree in economics from the University of California, Berkeley. No credit card required. Democratic primary to oppose Andrei Cherny, who would go on to lose to Sinema during her first successful bid for the House. Utah enclave bought back - The Denver Post This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. Pivotal concentrated on buying commercial properties such as 650 California Street in San Francisco, The . . We do not acquire companies from management teams; we partner with them. Francis Najafi is founder and Chief Executive Officer of Pivotal Group, a forty-year-old investment firm with experience in private equity, growth ventures and real estate investments. Arizona State University Announces Effort To Educate 100 - Forbes Jobs; Sign In; Careers; By Job Titles; . Key Quotes: The business wasted little time jumping into politics, giving $400,000 to the Mitch McConnell-aligned, The funders behind National Vista did a good job concealing their identities, using the address of the companys registered agent. Pivotal Group Location 1934 Old Gallows Rd Ste 350, Tysons Corner, Virginia, 22182, United States Description Industry (Melaleuca is a genus of trees from which tea tree oil is derived. Pivotal Group is the largest investor in the startup company. 0000176450 00000 n Pivotal Group is a diversified investment company primarily focused on private equity and real estate. Promontory is a Pivotal Group Community. Copyright 2009 Associated Press. Najafi. Francis Najafi - SourceWatch Based on our data team's research, Jahm Najafi is the Pivotal Private Equity's CEO. VanderSloot was national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. F. Francis Najafi CEO Pivotal Group. The group aired multiple television ads to attack Cherny, him a Washington, D.C. insider in another. Jahm Najafi Bio, Parents, Wife, Children, Siblings, Net Worth At the end of the National Vista document, it simply states: If you havent done so already, now is the time to rid your home of the dangerous national cleaning products that contain so many harmful chemicals.. Script error: No such module "Draft topics". Francis Najafi is founder and Chief Executive Officer of Pivotal Group, a thirty year old investment firm with experience in private equity and real estate investments. The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. I learned my basic management skills and leadership here at Thunderbird, where I also learned that you can work through your cultural and social differences. Some of these LLCs, such as DRT, LLC, are easier to track than others. %%EOF Tottenham takeover - Who is Jahm Najafi? Businesses, success with Francis Najafi is founder and Chief Executive Officer of Pivotal Group, a thirty year old investment firm with experience in private equity and real estate investments. Mr. Najafi is also a patron on numerous cultural and civic organizations. equity and real estate. As a refugee of Idi Amins Uganda, my life was transformed by having access to world-class education, so this is deeply personal for me. Najafi said he'll have to spend about $70 million before Promontory recovers. F. Francis Najafi CEO, Founder Pivotal Group Phoenix, Arizona, United States 2K followers 500+ connections Join to view profile pivotal group Thunderbird School of Global Management. 0000182073 00000 n Pivotal Private Equity Leadership: Executives and Demographics Pivotal Group is a diversified investment company primarily focused on private equity and real estate. in the midst of the heated Senate election between Democrat Kyrsten Sinema and Republican Martha McSally. With these competitive advantages, we make swift decisions and close transactions with creative and mutually beneficial structures. Fund a NeedBecome a SponsorBecome a Volunteer, Phone: (408) 297-6700Fax: (408) 261-6401 Email: info@parsequalitycenter.orgAddress: 1635 The Alameda, San Jose, CA 95126, Phone: (818) 616-3091 Fax: (818) 616-3092 Address: 4954 Van Nuys Blvd. [2][3], Najafi was born in Isfahan, Iran in 1955. Pivotal's Francis Najafi and Tyler Rives also join SnapNurse's Board of . Francis Najafi. SnapNurse platform gets $15 million investment, $100 million credit With $25M Reward, Thunderbird Launches International Initiative To 0000007266 00000 n Mr. Najafi currently serves as Chairman of the Board of Global Capacity, on the Board of Directors of the EastWest Institute, active in the World Presidents Organization (WPO) and Chief Executives Organization (CEO). However, National Vista did something of note besides bankrolling a super PAC. Francis Najafi - $111,000 in Political Contributions for 2020, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions . He previously served on the . DPUS was incorporated in Delaware in July 2012 and immediately got to work funneling money into Arizona politics, giving a total of $175,000 to a brand new super PAC called Restoring Arizonas Integrity in 2012. He is also on the Board of Directors of the Quincy Institute, active in the Worlds Presidents Organization (WPO) and Chief Executives Organization (CEO). "We have been impressed with the artistic excellence, the strong leadership, and the financial stability of Ballet Arizona over the years," said Francis Najafi, Founder and CEO of Pivotal. Between 2015 and 2016, the group. Jahm Najafi and his wife Cheryl have given $186,890 to Democratic groups and candidates since 1992, including $5,400 to Sinema in 2018. Habib also got another $3,900 from the Iranian American PAC. July 14, 2020 10:10 AM Eastern Daylight Time. "There is a large body of people around the world who have no access to education," said Francis Najafi, who came to the United States from Iran and founded Pivotal Group, a real estate opportunity fund. As an immigrant some five decades ago, I learned the value of education. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 Another 1,500 building lots are available across a sprawling sagebrush-covered hill overlooking the ski town of Park City. Pivotal Group, Inc. | LinkedIn , and they look to take control positions in companies. Credit Suisse had matched Najafi's $30 million bid at an auction on Wednesday but, unable to raise even that amount, it withdrew the bid a day later. But they dont appear to be on the same page politically. subject to the rules of our, THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING, Report: Warrant Issued for Roggies Bar Owner, Boston Pops Concert Move Keeps the Beach Boys, Ditches Joey McIntyre, Lawmakers pass compounding pharmacy oversight bill, Follow this list on Twitter: @BostonPopular. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. In 2014, DPUS gave another $55,000 to the super PAC, which swiftly transferred $50,000 to the Democratic Governors Association in the midst of the Arizona gubernatorial election between Doug Ducey and Fred DuVal. the ULI Foundation, which generates funding for research, education and 41 0 obj <>stream At its inception, the firm capitalized on profitable market niches by acquiring,. Pivotal Group Team (17) Name Title Related Financings Office Contact Info; Francis Najafi Ph.D: Founder & Chief Executive Officer: 0: Phoenix, AZ Richard Garner: Chief Operating Officer: Phoenix, AZ Scott Knauer: Managing Director: Phoenix, AZ Tyler Rives: Managing . 2022 Promontory Development, LLC. 1209107 | TMA - Turnaround 0000061585 00000 n Despite being located in a drab single-story office building, Corporation Trust Center is the go-to registered agent for companies that dont want to be found, serving as the registered agent address for roughly 300,000 businesses, But DPUS may have slipped up with its 2018 contribution, forgoing the Delaware address and listing its address as 2525 E Camelback Rd Ste 850. Najafi worked for Salomon Brothers, a Wall Street firm that became part of Citigroup, before he served as CEO of Pivotal Private Equity and partner and COO of the parent company, The Pivotal Group, which he ran with his brother, Francis Najafi. Pivotal focused on the purchase of . [5], It may require cleanup to comply with Wikipedia's content policies, particularly, Last edited on 22 February 2023, at 23:17, Learn how and when to remove this template message, https://find-and-update.company-information.service.gov.uk/officers/7kT3EZmjY_q3xCRr-sV12MaDUOY/appointments, "How billionaire is using financial muscle for racial equity", "Network Solutions bought for $20 million, sold for $800 million three years later", "Possible New Owner for Borders: Meet Jahm Najafi", "Resolution COO Jeff Franklin Exits Agency", "Pivotal Private Equity to Acquire World's Largest Domain Name Registrar, Network Solutions", "Phoenix Investors Group Buys Century Plaza Hotel", "Pivotal plunking down $138M for office tower", "Najafi kicks Penske's tires; no Deadline deal", "NBA statement about independent investigation regarding Robert Sarver and the Phoenix Suns organization", "Phoenix Suns minority owner Jahm Najafi calls for Robert Sarver's resignation", https://arizonasports.com/story/3487485/mat-ishbias-purchase-of-phoenix-suns-set-to-be-complete-by-tuesday/, "U.S.-based MSP Sports Capital buys into McLaren F1", "Penguin Random House Sells Self-Publishing Company", "Borders Picks Najafi Companies as Lead Bidder", "Report: Phoenix investor competes with Alec Gores in bid for Borders Group", "June 27 deadline looms for bids to buy Globe", "Jeff Berg Speaks: Plans for New Agency, What Really Happened at ICM (Exclusive)", "Paula Deen Lands $75 Million to $100 Million Business DealShe's Making a Comeback, Y'all! Working At Pivotal Private Equity: Employee Reviews and Culture The federal-level Iranian American PAC has received $15,000 from Francis Najafi, while the groups state-level, in the 2016 election cycle and another $2,500 from the Jahm Najafi-owned, Hundreds of miles and several national parks north of Phoenix, a general business with the name National Vista, Inc. was formed in June 2018 using the address of a registered agent in Boise, Idaho. Read More sale of $100 million to $1 billion. Najafi and his brother Francis Najafi founder of 30-year-old Phoenix investment firm Pivotal Group are highly successful Iranian-American investors who happen to be politically active. The honorees are remarkable Americans who exemplify outstanding Just a stones throw from Park City, generations of families could pursue active recreation amid a diverse array of superb amenities, while completely immersed in nature. [13][14], Some of the organizations that have benefitted from Najafi's Pivotal Foundation which was established in 2005 includeBallet Arizona (to assist in performance production),[15][16] PARSA Community Foundation. We want to make sure you get the most out of our platform. "My wife and I think of education as part of your basic human rights. Founded by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. Bush sits a large, reflective office building in an upscale shopping center at 2525 E Camelback Road. 0000004555 00000 n Francis Najafi is owner of The Pivotal Group, a long-time Phoenix businessman and philanthropist. F Francis Najafi - VC DATALAB - KANDO Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. In addition to his professional success, this father of . DC It shouldnt require pulling records from other states to reveal a possible connection to another company.. Current. The sale was approved by U.S. Bankruptcy Judge Judith Boulden. Shervin Pishevar Awards Cyrus Prize to Dropbox Co-Founder at - Payvand 0000001016 00000 n [7], Najafi founded Pivotal Group in 1982. But they don't appear to be on the same page politically. Francis Najafi See All CEO & Executives The Inside Scoop Since 1982, Pivotal Private Equity, a real estate investment and development company, has been dealing with commercial and residential clients. ancestors. AZ Big 100: 25 male leaders to watch in CRE for 2023 In 2014, DPUS gave another $55,000 to the super PAC, which swiftly. The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. F. Francis Najafi is the American Dream come to life. DAN DELANEY. chosen a more deserving recipient of this award that celebrates 0000005250 00000 n [14][15] While Sarver served his season-long suspension in September 2022, Najafi was considered a candidate to take on the role of interim team governor for the Suns before the position was ultimately given to Sam Garvin. For more information, visit www.pivotalgroup.com. Developer Story - Promontory Club Park City UT Bankrupt luxury community sold to same developer - Boston.com All Rights Reserved. He runs Najafi Companies, a Phoenix-based private-equity firm, and is partial owner of the Phoenix Suns NBA team. Hotel in Los Angeles, 650 California Street, a Class A commercial office 0000176062 00000 n Notable deals. communities such as Promontory, an award-wining second-home community in Najafi holds an Founded by F. Francis Najafi, Pivotal Group has invested in real estate assets and companies like Instastaff and Red Mountain Resort. into the Congressional Record. Excluding contributions from Melaleuca to major super PACs, VanderSloot and his wife Belinda give plenty of money on their own, contributing nearly $3.5 million to GOP candidates and groups since 1992.
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