qualities in both their personal and processional lives, while His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. 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. 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. Request a free trial. 0000181206 00000 n
Today, with its capital resources, experience and expertise, Pivotal Group is well positioned for continued success in the private equity and real estate markets. In 2005, Mr. Najafi established the Pivotal Foundation, as a charitable vehicle to give back to society and provide patronage for international awareness initiatives . leading telecommunications information and logistics company, and has He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. Instastaff is a startup business that provides staffing to business customers seeking shift employees. F. Francis Najafi is Founder and Chief Executive Officer of Pivotal Group, a thirty-year-old investment firm with extensive experience in private equity investments, and all major real estate product types. NECO was created in 1984 on the conviction of its founders that the Status. Based on our data team's research, Jahm Najafi is the Pivotal Private Equity's CEO. 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. [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. 0000006605 00000 n
Pivotal Group is a leading investment company focused on private equity We work across a diverse range of industries, including telecommunications, technology, media, aerospace, consumer, and business services. Like Education Secretary Betsy DeVos, of the Amway multi-level marketing fortune, VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. - F. Francis Najafi, CEO of Pivotal Group. HSn@}G)_!UQ0B`%NpNZWb93350.HB$]>f8F^z^Sk6(`Sr\\L\G ZpL,Gqi where he earned a Bachelors Degree in Engineering in 1976. For one, it uses his initials BK, just as Suzanne Kovners company uses the initials SK. Its address is the same as Kovners firm Caxton Alternative Management. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. 6 0 obj
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[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. We seek to identify new strategic investments in established companies to create significant value over time. <<7E07F676488E4E4DB696AADCB8495A3F>]>>
Locally, Mr. Najafi serves, on the Board of Directors of Sandra Day OConnor Institute, is a Cabinet Member of the Presidents Club at Arizona State University, a Board Member Emeritus and Capital Campaign Chair of Arizona Science Center, and serves on ASUs W.P. Professional Services . A similar address isnt the only piece of circumstantial evidence that appears to link Najafi to the apparent shell company. , which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. . It also doesnt mind giving identical contributions to the same group in multiple increments, as various branches of the company gave a total of four $250,000 contributions to anti-Obama super PAC Restore Our Future in 2011. services. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . Pivotal Group CEO F. Francis Najafi said SnapNurse has been growing thanks to its technology and its "understanding of how to make the process easier for both healthcare professionals and facilities" instead of getting bogged down with lengthy processes and credentialing paperwork. continuing to preserve the distinct values and rich heritage of their In 1982, he founded Pivotal Group, a real estate opportunity fund. commitment to serving his community, both locally and internationally., The cultural diversity of our great nation is essential for Americas Najafi insisted the bankruptcy was not his doing. By the fourth year or earlier, the program will have expanded to Europe and Central Asia with 40 total languages. Pivotal Group appeared to be the VC, which was created in 1982. Arizona State Universitys Thunderbird School of Global Managementannounced plans today to educate 100 million learners by 2030, thanks to a historic $25 million donation. Founded by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. And former NSA Deputy Director Bill Crowell will also join the board. They are headquartered in Phoenix, Arizona. privateequity@pivotalgroup.com, Contact Richard Garner We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. After Sinema won the primary, the super PAC transferred $100,000 to. xref
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). 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. F. Francis Najafi, CEO of Pivotal Group, will join CYR3CON's Board of Directors which currently includes CEO Paulo Shakarian, CTO Jana Shakarian, and Dieter Kraft of Trumpf Ventures. Feel free to distribute or cite this material, but please credit OpenSecrets. 0000004555 00000 n
The project was shopped to 80 potential investors, none of whom ventured a bid. In 1972, Najafi moved to Arizona where he attended Arizona State University. The courses, which include subjects such as global leadership, customer experience and global entrepreneurship, launch in April. As an immigrant some five decades ago, I learned the value of education. VanderSloot was, national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. Najafi, head of the company, invests only his own capital. In addition to his professional success, this father of . 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's President's Organization (WPO . 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. Francis Najafi Board Member Mr. Najafi is the founder and Chief Executive Officer of Pivotal Group, a forty-year-old firm that actively invests in private equity and real estate. 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. Iranian-American investors who happen to be politically active. F. Francis Najafi is the American Dream come to life. 2022 Promontory Development, LLC. Flooding changed the course of the river in 1897 leaving a two-mile square piece of Iowa forever marooned in Nebraska. [3] Najafi led the company through the acquisitions of the Pert Plus shampoo brand and Sure deodorant brand from Procter & Gamble in 2006,[17][19] and Trend Homes Inc. in 2008,[20] Also in 2008, Najafi and Najafi Cos. purchased Direct Group, the parent company of the Book of the Month Club, Columbia House and BMG Music Service, from Bertelsmann AG, a German book publisher. Later he broadened Pivotal Group's mandate, successfully investing in private equity and growth venture opportunities. It is unclear how DRT is funded and what the company does, outside of giving political contributions. "There is no question in my mind that the economy will recover.". 0000155666 00000 n
"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. 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. 8758 N Promontory Ranch Rd Francis Najafi has been working as a Chief Executive Officer at Pivotal Group for 18 years. Island Medal of Honor is sanctioned by the U.S. Congress and entered 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. But it doesnt make the money any less dark, as there is no way to know the real source of the funds. DRA Strategic CommunicationsDenise D. Resnik, 602-956-8834Nick The company makes investments in companies with transaction value up to $1 billion and holds investments from five to ten years. Picture courtesy of Thunderbird College of International Administration at ASU. Global Capacity and Pivotal Group have now commenced seeking regulatory approvals and estimate the . Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los Angeles, Alameda, California-based Harbor Bay and 650 California Street in San Francisco. McCain. 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.. No credit card required. Pivotal Group is a Phoenix, Arizona basedprivate equity financing firm. He is a board member of EastWest Institute, a global think-and-do chosen a more deserving recipient of this award that celebrates DC Their largest recipient is Rep. Steve King (R-Iowa) with $25,700 in contributions. "Having finished his undergraduate study in engineering, Francis obtained two masters degrees from the American Graduate School . and real estate. In 1982 he founded Pivotal Group, a real estate opportunity fund with uncanny market timing and wisdom. The fact that Najafi was able to buy his own project back so cheaply is a reflection of the turbulence in credit markets. Francis Najafi is an Iranian-American businessman and investor. Thunderbird Dean Sanjeev Khagram celebrates the launch of the 100 million learners international initiative with Francis and Dionne Najafi. 0000001241 00000 n
(Photo by Joe Jaszewski for The Washington Post via Getty Images). For example, BK2 Holdings, a Princeton Junction, New Jersey-based company that gave $500,000 to SLF in 2017, is clearly linked to billionaire GOP donor Bruce Kovner in several ways. In 1982, he founded Pivotal Group, a real estate opportunity fund. All Rights Reserved. 2023 Promontory Club. economic prosperity and human development around the world.. [11][12], Najafi was a founding partner of Social Venture Partners, a philanthropic venture capital fund that invests in emerging nonprofit organizations, as well as on the board of Urban Land Institute and the Arizona State University Committee for Design Excellence. 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. In 1986, he received a master's degree in business economics from Harvard University. DAN DELANEY. In court on Friday, Credit Suisse didn't support or oppose Najafi's bid, surrendering the battle. [26] The company invested approximately $200 million to Jeff Berg's talent agency, Resolution, after Najafi negotiated the deal in 2013. 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. Francis Najafi, founder of Pivotal Group, announced the acquisition on behalf of a joint venture between an institutional investor and Pivotal Group. 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. Im honored to be among the The company asserts that its products are healthier and more environmentally-friendly than national brands. With these competitive advantages, we make swift decisions and close transactions with creative and mutually beneficial structures. 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. A truck leasing company in a small Iowa town is one of several companies linked to nondisclosed dark money contributions during the 2018 election cycle. bG*aA
wfmBB FP/v}. Open Secrets following the money in politics, An obscure Carter Lake limited liability company (LLC) named DRT, LLC made a $250,000 contribution to pro-Trump super PAC, in April 2018. Script error: No such module "AfC topic". Their typical investments range from $25MM-$250MM. As an immigrant some five decades ago, I learned the value of education. abiding respect and understanding of other cultures, high ethical 20005. (TGen); active in the Public Affairs Alliance of Iranian Americans Still, when Campaign Legal Center sent a complaint to the FEC about contributions to conservative super PAC DefendArizona from two apparent shell companies Highway 76, LLC and Blue Magnolia Investments, LLC it made an impact. Francis Najafi (Na-JAF-ee), chief executive of Phoenix-based Pivotal Group, emerged triumphantly from a courtroom Friday as the same owner of Promontory, where more than 350. "My wife and I think of education as part of your basic human rights. acquired and sold Network Solutions, a leading provider of Web-based at Jahm Najafi is an Iranian-American businessman who runs a private-equity firm, Najafi Companies. 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. Pivotal Group is the largest investor in the startup company. [4][21][22], Najafi and his company Najafi Cos. were named highest bidder in negotiations to buy out Borders Group from bankruptcy protection in 2011. Washington, Francis Najafi Phone Number Found 3 phone numbers: 602625XXXX 602-956-XXXX . Pivotal Group, Thunderbird The School of Global Management, Intelligent Assistance and Bots Ecosystem. Some of these LLCs, such as DRT, LLC, are easier to track than others. But they don't appear to be on the same page politically. Pivotal Group Inc. completes a joint venture acquisition of 21 communities in Texas; NewGate Capital introduces a new fund aimed at the redevelopment of mixed-use projects in Central Florida; and . Same platform but with new and improved features. By federal law, it is illegal to make political contributions in the name of someone else, and straw donors making contributions through shell companies fall under that prohibition. www.vbprofiles.com is now www.topionetworks.com. Crowell previously served as an advisor to CYR3CON. Between 2015 and 2016, the group gave a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. Pivotal's real. Pivotal Private Equity has 2,525 employees, of which 5 are in a . "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. The funders behind National Vista did a good job concealing their identities, using the address of the companys registered agent Morris Bower & Haws for all of its filings, including its FEC filing. One of the reasons Arizona State University is so pleased to have Thunderbird as part of our enterprise is because it is a school that has been focused on sustained prosperity worldwide for decades. Francis Najafi, chief executive of Phoenix-based Pivotal Group, emerged triumphantly from a courtroom Friday as the same owner of Promontory, where more than 350 multimillion-dollar homes have . We look forward to providing you with even more cutting-edge market research, as Topio Networks. freedom of speech, religion and economic opportunity. Jahm Najafi and his wife Cheryl have given $186,890 to Democratic groups and candidates since 1992, including $5,400 to Sinema in 2018. Tri-Point Column in Carter Lake, Iowa. Mr. Najafi started a family of privately held firms 30 in the midst of the heated Senate election between Democrat Kyrsten Sinema and Republican Martha McSally. The Valley's Most Powerful Men2011 - Page 6. This approach allows us to profit from the cyclical nature of the real estate market. 0000003867 00000 n
The commitment made to the school by Francis and Dionne Najafi will impact communities around the world and be a force that brings all of us closer together. equity and real estate. Francis Najafi. through which more than 12 million immigrants passed in their quest for 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. 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. The sale was approved by U.S. Bankruptcy Judge Judith Boulden. He has been a longtime investor in the Phoenix Suns and Mercury, and recently announced that he was maintaining his family's minority. 0000176774 00000 n
A Melaleuca representative expressed an interest in making a comment but did not do so by press time on Tuesday. Mr. Najafi is also a patron on numerous cultural and civic organizations. xb``Pd``qe```:01G"300284; SsjB'89\{ )Nwnsn(ijtd`;4lF@Nb+ fe`, r
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That is so unique to Thunderbird.. Najafi was also a founding partner of Social Venture . 0000007266 00000 n
The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. Unlike other MLM companies, products are sold online and shipped directly to the consumer. in 2012. to the FEC about contributions to conservative super PAC DefendArizona from two apparent shell companies Highway 76, LLC and Blue Magnolia Investments, LLC it made an impact. We want to make sure you get the most out of our platform. Key Quotes: degree in engineering followed by two Masters Degrees from Thunderbird The School of Global Management, and the University of Southern California (USC). He founded the privately held firm 30 years ago, investing in landmark properties. We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. "Integrity is your word, your character and the foundation for all future endeavors. "I have a tremendous amount of respect for Francis Najafi (Pivotal's founder and CEO) and the team he has built at Pivotal, where I will have the opportunity to lead the private equity. Pivotal Private Equity CEO And Executives - Learn more about Pivotal Private Equity CEO Jahm Najafi and key people by exploring the management team. "F. Francis Najafi Founder and CEO Pivotal Group", "Suns Sale Closes Today:Sarver Becomes Main Owner", "With $25M gift, ASU's Thunderbird School of Global Management aims to educate 100 million worldwide by 2030", "Investor report 20042005 - Arizona Memory Project", "Board of Directors Nonprofit Leadership - The O'Connor Institute", "Landmark Hotel in Los Angeles Sold to Private Real-Estate Group", "Francis Najafi, Author at Quincy Institute for Responsible Statecraft", "GPEC welcomes new board of directors members 2018-19", "Phoenix Art Museum begins year-long celebration of its 60th anniversary with "The pARTy in the Garden" gala and late-night Museum-gala experience "The afterpARTy," celebrating Museum's rich history of providing access to the arts", "Current Supporters | EastWest Institute", "CyBERsECURITy: FORGING SOLUTIONS - EastWest Institute", "F. Francis and Dionne Najafi of Pivotal Foundation Award Ballet Arizona $500,000 in Multi-Year Gift - Health & Living Magazine", "PIVOTAL FOUNDATION - ArizonaCorporates Company Profiles of Arizona", "Philanthropist Francis Najafi Gives $1M to PARSA Community Foundation", "Mark Zuckerberg and Priscilla Chan Are Giving $50 Million to U. of Hawaii", "Najafi receives Ellis Island Medal of Honor", "Five Iranian Americans to Receive Ellis Island Medal of Honor Award", "The Valley's Most Powerful Men2012 - Page 11", "Francis and Dionne Najafi Donate $25 Million to ASU's Thunderbird School of Global Management", article "Francis Najafi" is from Wikipedia, https://en.everybodywiki.com/index.php?title=Francis_Najafi&oldid=3075039, Thunderbird School of Global Management alumni, University of South Carolina Beaufort alumni, Thunderbird School of International Management. Two Thunderbird alumni, Francis and Dionne Najafi, donated $25 million to launch the initiative, the largest gift since Thunderbird joined ASU. 0000161571 00000 n
The business wasted little time jumping into politics, giving $400,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) on Oct. 17, 2018. He is also a graduate of Thunderbird School of Global Management ('77) as is his wife. 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. [3], Najafi has a bachelor's degree in economics from the University of California, Berkeley. Title. Jobs; Sign In; Careers; By Job Titles; . %PDF-1.4
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The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. property in San Francisco, the Phoenix Ritz-Carlton; and developing My wife and I think of education as part of your basic human rights. There is a large body of people around the world who have no access to education, Francis Najafi said. This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. Phoenix, AZ 85018. Najafi worked for Salomon Brothers 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. With our medalists, we see America at its best. Except for the Revolving Door section, content on this site is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License by OpenSecrets.org. 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Subscribe to see more. However, National Vista did something of note besides bankrolling a super PAC. Francis Najafi (Pivotal Group), Dionne Najafi, Leila Ghaffani, Shaygan Kheredpir and and Abdi Soltani (ACLU - American Civil Liberties Union of Northern California) pose for a photograph at the PARS Equality Center 4th Annual Nowruz Gala at Marriott Waterfront Burlingame Hotel on March 8, 2014 in Burlingame, California. For more information, visit. F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, is being awarded the Ellis Island Medal of Honor from the National Ethnic Coalition of Organizations. 0000008522 00000 n
At its inception, the firm capitalized on profitable market niches by acquiring,. years ago, investing in landmark properties including the Century Plaza 1976-Arizona State University-Bachelor of Science Degree in Civil Engineering 1977-Thunderbird School of Global Management-Masters Degree in International Management 1978-University of Southern California-Master of Arts Degree in International Relations Written by Melissa Larsen. Our goal is to enable A+ teams to reach their peaks and achieve greatness. [5], In May 2011, Najafi received the Ellis Island Medal of Honor for outstanding citizenship, individual achievement, and encouragement of cultural unity. North of downtown, in an affluent suburb near the Biltmore Golf Club played by presidents Eisenhower, Kennedy, Johnson, Nixon, Ford and George H.W. [2] [3] Contents 1 Early life and education 2 Career 3 Philanthropy and recognition 4 Personal life Top image: Thunderbird School of Global Management headquarters in downtown Phoenix. to learn more. Work History. You have revoked consent to allow cookies. But they dont appear to be on the same page politically. They gave just $20,400 to Republicans during that time. Tyler Rives and Francis Najafi of Pivotal . Together, we anticipate growth and success for our customers, employees, and partners." "With this agreement, we are combining two highly complementary organizations with closely aligned core values and operating strategies," stated F. Francis Najafi, founder and CEO of Pivotal Group, owner of Global Capacity. Najafi said he'll have to spend about $70 million before Promontory recovers. [18][19][20] He was also awarded the Jonas Mayer Outstanding Alumnus Award from Thunderbird School of Global Management.[21]. 0000001318 00000 n
Members pay hefty fees for golf and other amenities, including opulent lodges and a warehouse-sized horse stable. Equal Housing Opportunity. 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. After majority owner Robert Sarver was suspended from team operations for one year that stated Sarver engaged in conduct that clearly violated common workplace standards included the use of racially insensitive language; unequal treatment of female employees; sex-related statements and conduct; and harsh treatment of employees that on occasion constituted bullying Najafi called on Sarver to resign. Photo by Samantha Chow/ASU News, Reporter , ASU News. ancestors. [10], Najafi Companies (Najafi Cos.), a private-equity firm, was established in 2002. 0000003156 00000 n
Script error: No such module "AfC topic". Hoovestol and Lucht did not respond to phone messages inquiring about DRT. a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. In 2007, it sold Network Solutions to General Atlantic for $800 million. The commission could rule that National Vista, in producing a document about the hazards of national cleaners, shows that it has a purpose besides acting as a conduit to funnel anonymous contributions. Restoring Arizonas Integrity made all of its independent expenditures $59,796 in the. If youd like to learn more or opt-out, please. The United States is a country of immigrants, each group of people
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