We work across a diverse range of industries, including telecommunications, technology, media, aerospace, consumer, and business services. Jahm Najafi - Wikipedia Dan Mahoney, co-chair of Snell & Wilmer's Venture Capital and Private Equity Industry Group. 0000003156 00000 n Internet Explorer presents a security risk. [17] In January 2022, Najafi gifted $25 million to Arizona State University and the Thunderbird International School of Business. Thunderbird has touched more than 2 million learners in its 75-year history, said Thunderbird Director General and Dean Sanjeev Khagram. Former recipients include business icons 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. Tri-Point Column in Carter Lake, Iowa. [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. adding to the rich diversity and cultural hodgepodge that makes America 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. Who Are These Guys? - Promontory Club Park City UT His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. As an immigrant some five decades ago, I learned the value of education. The document is copyrighted 2018 National Vista, Inc. Some of the wording in it exactly mirrors that used in a press release released in February by Melaleuca, an Idaho-based company that sells its own cleaning products along with an arsenal of health-related products. An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . Pivotal Group 6 Investments, 2 Exits, 5 Portfolio companies Unicorn Founded by F. Francis Najafi, Pivotal Group has invested in real estate assets and companies like Instastaff and Red Mountain Resort. Dark Money: Coming from a shell company near you OpenSecrets - Truthout Subscribe to see more. After Sinema won the primary, the super PAC transferred $100,000 to. Our private mountain club began in 2001, when the world was introduced to the vision of Promontory by an uncompromising developer with extensive experience in building communities and providing high-end hospitality. "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. in 2017, is clearly linked to billionaire GOP donor Bruce Kovner in several ways. Dallas-based Highland Capital Management, a hedge fund that owns about 40 percent of the loans, didn't return calls from The Associated Press. "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. 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. 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. The purpose of disclosure is to allow people to know immediately upon looking at an FEC report who the contributors are. 0000007915 00000 n AZ Inno - My View: Arizona has a growing number of entrepreneur funding 0000156504 00000 n 1209107 | TMA - Turnaround Francis Najafi. Script error: No such module "Draft topics". 0000005250 00000 n (Photo by Wes Clowers). Prominent holdings include Los Angeles' Century Plaza Hotel and the Ritz-Carlton in Phoenix. Jahm Najafi Net Worth: How Rich is the Businessman Actually? unwavering efforts to advance global business and global citizenship, PHOENIX--(BUSINESS WIRE)--F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, was The certificate will be covered by full scholarships, thus at no cost to learners. Promontory, valued at $560 million before the recession took hold a year ago, was sold for just $30 million to a developer who walked away from $350 million in loans packaged by Credit Suisse and sold to hedge funds and other investors. 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. Promontory is a Pivotal Group Community. Though the source of DRTs funding is muddy, it appears to have a relatively obvious link to Hoovestols businesses. 0000176774 00000 n The honorees are remarkable Americans who exemplify outstanding By the second year, the program will be expanded across Africa, the Middle East, Asia and Latin America to at least 25 languages. world. SnapNurse platform gets $15 million investment, $100 million credit Francis Najafi - Chief Executive Officer - Pivotal Group | ZoomInfo 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. 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. The architecturally diverse structures would allow family members to engage in their individual pursuits and gather for joint recreation and celebration. North of downtown, in an affluent suburb near the Biltmore Golf Club played by presidents Eisenhower, Kennedy, Johnson, Nixon, Ford and George H.W. 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. He is also a graduate of Thunderbird School of Global Management ('77) as is his wife. Pivotal Group is part of the Venture Capital & Private Equity industry, and located in Virginia, United States. www.vbprofiles.com is now www.topionetworks.com. Mitchel Sayare Chairman of the Board PharmAthene, Inc. Hilla Sferruzza Bankrupt luxury community sold to same developer - Boston.com the ULI Foundation, which generates funding for research, education and [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! He founded the privately held firm 30 years ago, investing in landmark properties. DAN DELANEY. Pivotal Group's private equity arm focuses on middle-market companies and annual. Founded by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. 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 In 1972, Najafi moved to Arizona where he attended Arizona State University. Learn more about theFrancis and Dionne Najafi 100 Million Learners Global Initiative. The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. 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. abiding respect and understanding of other cultures, high ethical Francis Najafi. [4][23][24][25] Najafi and Najafi Cos. also bid to buy The Boston Globe in 2013. 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. 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 . Based on our data team's research, Jahm Najafi is the Pivotal Private Equity's CEO. The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. 8758 N Promontory Ranch Rd Jamshid Jahm Najafi (born March 1963)[1] is an Iranian-American billionaire[2] businessman. Work History. 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. Iranian-American investors who happen to be politically active. Title. through which more than 12 million immigrants passed in their quest for We see every color, could not find your e-mail or password. F. Francis Najafi - ceo - pivotal group | LinkedIn Francis Najafi is one of Thunderbirds most notable, successful and 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. 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. Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. Since 2001, we have generated a substantial economic impact to Summit County, including $2 billion in construction projects, $90 million in property tax revenue, $340,000 for affordable housing, $1.2 million in grants to local non-profits, $3 million-plus in agriculture protection fees, $84 million in employee wages plus an additional $84 We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. The group aired multiple television ads to attack Cherny, comparing him to Newt Gingrich in one ad and labeling him a Washington, D.C. insider in another. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. 0000181689 00000 n 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. continuing to preserve the distinct values and rich heritage of their Read More sale of $100 million to $1 billion. Another 1,500 building lots are available across a sprawling sagebrush-covered hill overlooking the ski town of Park City. 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 only link to National Vista on the internet is an. Mr. Najafi has substantial board-level experience. Complete the form or call 435.333.4600 to learn more about this property. Subscribe to see more. , VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. AI Cyber Attack Prediction Platform CYR3CON Secures $8.2 Million The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. ancestors. Mr. Najafi serves as a Board Member of several private companies. Request a free trial. Francis Najafi is an Iranian-American businessman and investor. immigrants significant contribution to this country than Francis Suite 295 <<7E07F676488E4E4DB696AADCB8495A3F>]>> F. Francis Najafi CEO Pivotal Group. Francis Najafi is owner of The Pivotal Group, a long-time Phoenix businessman and philanthropist. Name. 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 . [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. Home - Pivotal Group You have revoked consent to allow cookies. organization of its kind in the U.S., presented the award. 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. We have the expertise to assess complex investment opportunities. Our most important investment criterion is an outstanding management team. Pivotal Group CEO and founder and developer of Promontory, F. Francis Najafi, found inspiration in the massive 7,200 acre landscape to create a timeless mountain club for all ages. Thunderbird School of Global Management at Arizona State University bG*aA wfmBB FP/v}. to learn more. Park City, UT 84098. Najafi holds an Not all so-called shell corporations are as easy to trace. The plan is for a phased approach. Status. 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. Pivotal Group leads significant growth equity investment in SnapNurse, an on-demand healthcare staffing platform . 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 - $111,000 in Political Contributions for 2020, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions . Najafi was also a founding partner of Social Venture . (Photo by Wes Clowers). 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. 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. VanderSloot was national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. country, Francis outstanding career is matched only by his sincere It shouldnt require pulling records from other states to reveal a possible connection to another company.. 41 0 obj <>stream This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. acquired and sold Network Solutions, a leading provider of Web-based The company asserts that its products are healthier and more environmentally-friendly than national brands. Richer's PAC had $69,761 in total expenditures, with $45,000 going to Defending Arizona Values, a campaign launched by Arizona Democrat Rep. Ann Kirkpatrick. , and they look to take control positions in companies. Najafi insisted the bankruptcy was not his doing. We understand that it takes vision, persistence, and humility to succeed. [18][19][20] He was also awarded the Jonas Mayer Outstanding Alumnus Award from Thunderbird School of Global Management.[21]. "Having finished his undergraduate study in engineering, Francis obtained two masters degrees from the American Graduate School . In 2014, DPUS gave another $55,000 to the super PAC, which swiftly. Jahm Najafi has a brother called Francis Najafi with whom he runs The Pivotal Group, a firm that focused on the purchase of major commercial properties in California Jahm Najafi Net Worth According to reports, Jahm Najafi has an estimated net worth of $3.5 billion. Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal Francis Najafi has been working as a Chief Executive Officer at Pivotal Group for 18 years. that attract people from around the globe. My wife and I think of education as part of your basic human rights. Pivotal's real. The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. The federal-level Iranian American PAC has received $15,000 from Francis Najafi, while the groups state-level 527 arm took a $5,000 contribution from DPUS in the 2016 election cycle and another $2,500 from the Jahm Najafi-owned Phoenix Suns in the 2018 cycle. 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. 0000000016 00000 n Najafi, head of the company, invests only his own capital. With these competitive advantages, we make swift decisions and close transactions with creative and mutually beneficial structures. 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. They are headquartered in Phoenix, Arizona. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. Pivotal funds its investments with internally generated capital, allowing speed, flexibility, and patience to deliver todays most innovative products and services to the market and build industry leading companies and projects. Copyright 2009 Associated Press. Picture courtesy of Thunderbird College of International Administration at ASU. With $25M Reward, Thunderbird Launches International Initiative To DPUS didnt limit its political giving to federal elections. Feel free to distribute or cite this material, but please credit OpenSecrets. The United States is a country of immigrants, each group of people that is America, said Nasser J. Kazeminy, Chairman of NECO. Najafi has referred to The Central Park as his "legacy project," creating something that is unique, long-lasting, and perhaps serving as a model for . Script error: No such module "AfC topic". At its inception, the firm capitalized on profitable market niches by acquiring,. Healthcare staffing platform SnapNurse announces strategic investment 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. This unrestricted gift will support the production and operating costs that Ballet Arizona incurs to produce its six mainstage performances over the . in the midst of the heated Senate election between Democrat Kyrsten Sinema and Republican Martha McSally. years ago, investing in landmark properties including the Century Plaza Group is a diversified investment company primarily focused on private . Why Thunderbird and ASU will educate 100 million worldwide ceremony this past weekend in the historic Great Hall on Ellis Island. July 14, 2020 10:10 AM Eastern Daylight Time. F. Francis Najafi is the American Dream come to life. No credit card required. 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 . TODAY'S DEALS: Pivotal Group Acquires 21 Communities in Texas The takeover required a buyer to raise millions more to keep operations at Promontory going. Pivotal group gave $3,800. in 2012. 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. With $25M gift, ASU's Thunderbird School of Global Management aims to xref Pivotal Group hires managing director for private equity 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. Pivotal Group, Inc. | LinkedIn [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. Carey School of Business Deans Council. It mightve come from the company, the companys owner, or it mightve come from another individual altogether. "There is no question in my mind that the economy will recover.". Key Quotes: Francis Najafi is founder of Pivotal. ), 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. 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. 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. 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. Learn about Article Alert. Want first access to OpenSecrets' investigations and data features? Pictured is a section of the Boise, Idaho skyline. For more information, visit www.pivotalgroup.com. Health Care. 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. Francis Najafi - SourceWatch The courses, which include subjects such as global leadership, customer experience and global entrepreneurship, launch in April. leading telecommunications information and logistics company, and has [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. Francis Najafi, Founder and Chief Executive Officer, Pivotal Group EXCLUSIVE: Soros, Clinton-Linked Teneo Among Donors to McCain Institute 0000003204 00000 n Jahm Najafi is an Iranian-American businessman who runs a private-equity firm, Najafi Companies. Najafi kept operations going during a yearlong bankruptcy. his commitment to the ideals for which Thunderbird stands and his Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. But they dont appear to be on the same page politically. 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. Thats the same address as private investment firm Najafi Companies, owned and operated by Jahm Najafi, a longtime Phoenix investor and partial owner of the Phoenix Suns.
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