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 multimillion-dollar homes have already been built. 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. This article "Francis Najafi" is from Wikipedia. Pivotal (Francis Najafi/Tyler Rives) The Najafi Companies (Jahm Najafi) . The Najafi Companies is an entrepreneurially driven private investment firm founded by Jahm Najafi in 2002. Our goal is to enable A+ teams to reach their peaks and achieve greatness. One month before National Vistas incorporation, Melaleuca made its own $400,000 contribution to SLF, along with a separate $400,000 to Congressional Leadership Fund (CLF) on the same date. Group is a diversified investment company primarily focused on private Pivotal Group backs SnapNurse | PE Hub About QI - Quincy Institute for Responsible Statecraft . DRA Strategic CommunicationsDenise D. Resnik, 602-956-8834Nick , which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. We work across a diverse range of industries, including telecommunications, technology, media, aerospace, consumer, and business services. Arizona State Universitys Thunderbird School of Global Managementannounced plans today to educate 100 million learners by 2030, thanks to a historic $25 million donation. F Francis Najafi - VC DATALAB - KANDO 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. Healthcare staffing platform SnapNurse announces strategic investment He currently serves as Chairman of the Board of NxSystems. Mitchel Sayare Chairman of the Board PharmAthene, Inc. Hilla Sferruzza Najafi was also a founding partner of Social Venture . We have the expertise to assess complex investment opportunities. 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. . At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. Complete the form or call 435.333.4600 to learn more about this property. DPUS didnt limit its political giving to federal elections. 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. Francis Najafi CEO c5753ccd5d71c0 9d6ee09b348272075e14599 17ce51b948cc 7cdd6cbe9cddd078a. The company made another contribution $10,000 to the Mitch McConnell-aligned, 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. Visit www.NECO.org Obtain the property report and read it before signing anything. AZ Inno - My View: Arizona has a growing number of entrepreneur funding Sign up for our newsletter to track moneys influence on U.S. elections and public policy. Hotel in Los Angeles, 650 California Street, a Class A commercial office 2023 Promontory Club. Francis Najafi is founder of Pivotal. For over twenty-five years, Pivotal has been involved with niche residential projects, commercial development, master planned communities, luxury hotel and spa properties, commercial office buildings and other real estate . Pictured is a section of the Boise, Idaho skyline. Park City, UT 84098. The sale was approved by U.S. Bankruptcy Judge Judith Boulden. The developer is Valley resident F. Francis Najafi, founder and CEO of The Pivotal Group. Todays announcement is a game-changer in many respects, said Soraya Hakuziyaremye, a Thunderbird alumna, former Rwandan minister of trade and current deputy Central Bank governor of Rwanda. [5], In May 2011, Najafi received the Ellis Island Medal of Honor for outstanding citizenship, individual achievement, and encouragement of cultural unity. 41 0 obj <>stream 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. With these competitive advantages, we make swift decisions and close transactions with creative and mutually beneficial structures. Pivotal Group, Inc. Company Profile | Phoenix, AZ | Competitors It also doesnt mind giving identical contributions to the same group in multiple increments, as various branches of the company gave a total of, Melaleuca is run by billionaire GOP megadonor Frank VanderSloot, who is reported to be the richest person in Idaho at an, of $3.4 billion, according to Forbes. Revolutionary Healthcare Staffing Platform SnapNurse Announces Park City, Utah. www.vbprofiles.com is now www.topionetworks.com. 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. Bush sits a large, reflective office building in an upscale shopping center at 2525 E Camelback Road. Thunderbird has touched more than 2 million learners in its 75-year history, said Thunderbird Director General and Dean Sanjeev Khagram. "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. Instastaff is a startup business that provides staffing to business customers seeking shift employees. 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. 0000001908 00000 n A Melaleuca representative expressed an interest in making a comment but did not do so by press time on Tuesday. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. He has made such an amount from his various business. Francis Najafi - $111,000 in Political Contributions for 2020 McCain. 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 . 0000155666 00000 n Jahm Najafi: Wiki, Bio, Age, Height, Wife, Family, Net Worth, House 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. A group of creditors who forced the bankruptcy said he stopped paying loans in December 2007. (Melaleuca is a genus of trees from which tea tree oil is derived. DPUS didnt limit its political giving to federal elections. He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. The offices are home to a number of investment and banking firms and, according to FEC filings, theyre also home to an unknown corporation called DPUS LLC that contributed $100,000 to the liberal Senate Majority PAC in the midst of the heated Senate election between Democrat Kyrsten Sinema and Republican Martha McSally. 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. My wife and I think of education as part of your basic human rights. This page was last edited on 17 November 2022, at 10:45. realestate@pivotalgroup.com, 3200 East Camelback Road 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. 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. (Photo by Wes Clowers). , and they look to take control positions in companies. 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. 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, Najafi and his brother Francis Najafi founder of 30-year-old Phoenix investment firm Pivotal Group are. "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. 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. 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. The firm recently acquired Global Capacity, the worlds DC We understand that it takes vision, persistence, and humility to succeed. Same platform but with new and improved features. The Promontory vision guided the creation of the development of unique club structures harmonious with the land. Mr. Najafi started a family of privately held firms 30 Pivotal Group is a leading investment company focused on private equity Washington, Pivotal Private Equity has 2,525 employees, of which 5 are in a . [28][29][30][31], In 2017, Najafi bid for ownership of Time Inc. through his company, Najafi Cos. Time is the owner of publications including Sports Illustrated, Fortune and People. Francis is much more prolific and conservative. As one of the leading Iranian-American entrepreneurs in the Unlike other MLM companies, products are sold online and shipped directly to the consumer. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. individual achievement and encouragement of cultural unity at an awards 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. Francis Najafi, founder of Pivotal Group, announced the acquisition on behalf of a joint venture between an institutional investor and Pivotal Group. Utah enclave bought back - The Denver Post Two Thunderbird alumni, Francis and Dionne Najafi, donated $25 million to launch the initiative, the largest gift since Thunderbird joined ASU. 20005. 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. With $25M gift, ASU's Thunderbird School of Global Management aims to continuing to preserve the distinct values and rich heritage of their 0000003156 00000 n Suite 201, Sherman Oaks, CA 91403. He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. AI Cyber Attack Prediction Platform CYR3CON Secures $8.2 Million Najafi Companies did not respond to a request for comment on any potential connection with DPUS. [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. In 1982 he founded Pivotal Group, a real estate opportunity fund with uncanny market timing and wisdom. An obscure Carter Lake limited liability company (LLC) named DRT, LLC made a $250,000 contribution to pro-Trump super PAC America First Action in April 2018. . Another 1,500 building lots are available across a sprawling sagebrush-covered hill overlooking the ski town of Park City. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. The Ellis Their largest recipient is Rep. Steve King (R-Iowa) with $25,700 in contributions. With our medalists, we see America at its best. 0000181206 00000 n continued economic prosperity and world leadership, said Mr. Najafi. F. Francis Najafi - ceo - pivotal group | LinkedIn , many of which use the same Iowa address. The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. qualities in both their personal and processional lives, while VanderSloot was, national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. 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. Mr. Najafi is also a patron on numerous cultural and civic organizations. However, National Vista did something of note besides bankrolling a super PAC. 0000170581 00000 n Jobs; Sign In; Careers; By Job Titles; . 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. Najafi. 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. For example, BK2 Holdings, a Princeton Junction, New Jersey-based company that. Script error: No such module "Draft topics". 22 Colorado at DFA, The Melikian Center: Russian, Eurasian and East European Studies, CHIPS Act at forefront of ASU's Mexico priorities, Watts College of Public Service and Community Solutions, School of Community Resources and Development. All rights reserved. unwavering efforts to advance global business and global citizenship, Promontory is a Pivotal Group Community. startxref As an immigrant some five decades ago, I learned the value of education. Dean's Council members - W. P. Carey School of Business TODAY'S DEALS: Pivotal Group Acquires 21 Communities in Texas "Integrity is your word, your character and the foundation for all future endeavors. [17] In January 2022, Najafi gifted $25 million to Arizona State University and the Thunderbird International School of Business. Not all apparent shell companies are necessarily dark money. All Rights Reserved. 0000176450 00000 n at 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. This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. The company makes investments in companies with transaction value up to $1 billion and holds investments from five to ten years. Global Capacity and Pivotal Group have now commenced seeking regulatory approvals and estimate the . 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. immigrants significant contribution to this country than Francis Pivotal Group Portfolio Investments, Pivotal Group Funds, Pivotal Group The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. [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. 0000001016 00000 n [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. To explore Pivotal Group's full profile, request access. Leadership - Sandra Day O'Connor Institute 0000156916 00000 n [34], Najafi and his wife, Cheryl Najafi, live in Arizona with their three children. 0000001318 00000 n Pivotal Private Equity CEO And Executives - Learn more about Pivotal Private Equity CEO Jahm Najafi and key people by exploring the management team. Melaleuca sells its products through a multi-level marketing structure. 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. OpenSecrets Following the money in politics. He founded the privately held firm 30 years ago, investing in landmark properties. "It was a most unusual agreement," said Richard Aaron, a retired University of Utah bankruptcy-law professor and Promontory's auctioneer. 0000182369 00000 n Why Thunderbird and ASU will educate 100 million worldwide Eventually, the initiative will be available for learners worldwide, reaching the goal of 100 million learners. (PAAIA), a leading Iranian philanthropic institution; and governor of Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. . By the fourth year or earlier, the program will have expanded to Europe and Central Asia with 40 total languages. in 2012. In 1972, Najafi moved to Arizona where he attended Arizona State University. Ellis Island is the gateway 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. Francis Najafi. He was drawn to an entrepreneurial culture, worked with Ed Robson of Robson Communities in the 1980's, and then joined Francis Najafi, Founder of Pivotal Group, as a partner in real estate investment. The purpose of disclosure is to allow people to know immediately upon looking at an FEC report who the contributors are. Pivotal Private Equity Leadership: Executives and Demographics Thank you for your continued support. 0000000016 00000 n She has served as an executive for Pivotal Group, a private equity and real estate investment firm, KSL, a KKR, Kohlberg, Kravis and Roberts company, and as Executive Director of The National Women's Hall of Fame in New York, which recognizes and celebrates the achievements of extraordinary American women. Suburbs, big cities and even small towns are home to corporations created primarily to conceal the true source of money flowing to super PACs that spend millions of dollars to influence elections. Ballet Arizona gets $500,000 grant from Pivotal Group Copyright 2009 Associated Press. 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. Dan Mahoney, co-chair of Snell & Wilmer's Venture Capital and Private Equity Industry Group. [7], Najafi founded Pivotal Group in 1982. The only link to National Vista on the internet is an obscure document that highlights a widely cited study linking national brand cleaning products such as Clorox and Lysol to lung damage. AZ Big 100: 25 male leaders to watch in CRE for 2023 He previously served on the . SnapNurse 75,000% Growth in Medical Staffing - Startupsavant.com 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. (Photo by Wes Clowers). 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. Script error: No such module "Draft topics". 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. Najafi is the founder of private equity firm Najafi Cos. [26] The company invested approximately $200 million to Jeff Berg's talent agency, Resolution, after Najafi negotiated the deal in 2013. We do not acquire companies from management teams; we partner with them. [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. Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal F HmQ:!3%=9 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. The certificate will be covered by full scholarships, thus at no cost to learners. In 2005, Mr. Najafi established the Pivotal Foundation, as a charitable vehicle to give back to society and provide patronage for international awareness initiatives . [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. PHOENIX, AZ - Pivotal Group, Inc., announced the successful acquisition of 21 apartment communities located in Midland, Odessa and Longview, Texas totaling over 3,200 units. Pivotal focused on the purchase of . Not all so-called shell corporations are as easy to trace. Pivotal Private Equity Company Rankings 0000007266 00000 n Pivotal Group Acquires 21 Apartment Communities Drawn by the unrealized potential of well-managed, middle-market companies with unique assets, Pivotal Group entered the private equity market in 2002. %%EOF committed graduates, not only in his professional career, but also for So-called dark money contributions come from a diverse cross-section of the American landscape. Current. Quan, 602-373-2400. We look forward to providing you with even more cutting-edge market research, as Topio Networks. Working At Pivotal Private Equity: Employee Reviews and Culture Sorry, we By using this website you consent to the use of cookies. Francis Najafi - $111,000 in Political Contributions for 2020, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions . For more information, visit. Michael Olsen Chief Financial Officer Globe Corp. Brad Parker Executive Vice President, West Region PNC Bank. communities such as Promontory, an award-wining second-home community in Najafi said he'll have to spend about $70 million before Promontory recovers. 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. 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. Written by Melissa Larsen. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 You have revoked consent to allow cookies. Im honored to be among the It makes investments with internal capital rather than raising funds from institutional investors, as is the industry norm. 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. bG*aA wfmBB FP/v}. Chief Executive Officer @ Pivotal Group Preparing Francis profile View Francis's Email & Phone (It's Free) 5 free lookups per month. At its inception, the firm capitalized on profitable market niches by acquiring, developing and managing investment grade commercial real estate properties in the Southwest. commitment to serving his community, both locally and internationally., The cultural diversity of our great nation is essential for Americas F. Francis Najafi "is Founder and Chief Executive Officer of Pivotal Group, a real estate based investment and development company with presence in all major product types including luxury hotels, office buildings, urban mixed-use projects and residential communities. (TGen); active in the Public Affairs Alliance of Iranian Americans An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial .
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