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. Not all apparent shell companies are necessarily dark money. Tottenham takeover - Who is Jahm Najafi? Businesses, success with A Credit Suisse spokesman didn't dispute the loss but wouldn't comment. 0000170581 00000 n , many of which use the same Iowa address. Download Full Image. About QI - Quincy Institute for Responsible Statecraft Pivotal's real. VanderSloot was, national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. Jahm Najafi: Wiki, Bio, Age, Height, Wife, Family, Net Worth, House Access to higher education and the need for equity and inclusion is one of a global scale, ASU President Michael Crow said. 0000061585 00000 n Pivotal Group CEO, F. Francis Najafi, Awarded Ellis Island Medal of In 1982, he founded Pivotal Group, a real estate opportunity fund. Their largest recipient is, 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. 0000182073 00000 n However, National Vista did something of note besides bankrolling a super PAC. 0 Chief Executive Officer @ Pivotal Group Preparing Francis profile View Francis's Email & Phone (It's Free) 5 free lookups per month. Pivotal Private Equity CEO And Executives - Learn more about Pivotal Private Equity CEO Jahm Najafi and key people by exploring the management team. To access all the content for free, please sign up by entering your email. [32][33], On 7 December 2021, Jahm Najafi's Najafi Companies announced that it had reached an agreement to acquire STX Entertainment from ErosSTX for US$173 million. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. Jackie Pelham Global Business Leader W. L. Gore & Associates Inc. Glenn Rufrano Community Member. 0000002534 00000 n Francis Najafi - Add Relationship - LittleSis "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. DAN DELANEY. Pivotal Group Acquires 21 Apartment Communities All Rights Reserved. SnapNurse 75,000% Growth in Medical Staffing - Startupsavant.com Mr. Najafi serves as a Board Member of several private companies. F. Francis Najafi is the American Dream come to life. Jamshid Jahm Najafi (born March 1963)[1] is an Iranian-American billionaire[2] businessman. [34], Najafi and his wife, Cheryl Najafi, live in Arizona with their three children. Arizona State University Announces Effort To Educate 100 - Forbes 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. Najafi, head of the company, invests only his own capital. A similar address isnt the only piece of circumstantial evidence that appears to link Najafi to the apparent shell company. Pivotal Private Equity Company Rankings "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. Today, with its capital resources, experience and expertise, Pivotal Group is well positioned for continued success in the private equity and real estate markets. Phoenix, AZ 85018. freedom of speech, religion and economic opportunity. 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. Script error: No such module "Draft topics". NECO was created in 1984 on the conviction of its founders that the The bid fell through when Borders was liquidated. When he needed a steadier paycheck, Karl went on to work in accounting and received his MBA at Vanderbilt. In court on Friday, Credit Suisse didn't support or oppose Najafi's bid, surrendering the battle. And in a $244,200 contribution to Paul Ryans joint fundraising committee. 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. 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. Their typical investments range from $25MM-$250MM. Pivotal Group's private equity arm focuses on middle-market companies and annual. This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. 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 are grateful for their commitment to a borderless expansion of the opportunities that come with higher education.. Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal 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. property in San Francisco, the Phoenix Ritz-Carlton; and developing Large development planned for Central & Indian School Francis Najafi, founder of Pivotal Group, announced the acquisition on behalf of a joint venture between an institutional investor and Pivotal Group. He came to America from Iran to get an education and earned four degrees from three universities. 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 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. 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. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. Bankrupt luxury community sold to same developer - Boston.com Francis Najafi is a '77 alum of Thunderbird, and his wife, Dionne, is an '06 alum. 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. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. The use of shell company contributions to super PACs is a growing trend that has captured the attention of government watchdogs. 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. 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. Top image: Thunderbird School of Global Management headquarters in downtown Phoenix. Work History. He runs Najafi Companies, a Phoenix-based private-equity firm, and is partial owner of the Phoenix Suns NBA team. Jobs; Sign In; Careers; By Job Titles; . endstream endobj 7 0 obj <> endobj 8 0 obj <> endobj 9 0 obj <>/ColorSpace<>/Font<>/ProcSet[/PDF/Text/ImageC]/ExtGState<>>> endobj 10 0 obj <> endobj 11 0 obj <> endobj 12 0 obj <> endobj 13 0 obj [/Indexed/DeviceRGB 250 26 0 R] endobj 14 0 obj <>stream The firm recently acquired Global Capacity, the worlds 0000007266 00000 n 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. [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. After Sinema won the primary, the super PAC transferred $100,000 to House Majority PAC, which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. GREATEST HITS, 7 McCain-Soros connection: It started after senator 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. 0000003204 00000 n "Having finished his undergraduate study in engineering, Francis obtained two masters degrees from the American Graduate School . He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. NAJAFI, FRANCIS PHOENIX, AZ 85018: Pivotal Group/Pivotal Group/Ceo: $2,800: 11/08/2019: P: DEBBIE LESKO FOR CONGRESS - Republican: NAJAFI, FRANCIS PHOENIX . Members pay hefty fees for golf and other amenities, including opulent lodges and a warehouse-sized horse stable. 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. Founded by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. Equal Housing Opportunity. The sale was approved by U.S. Bankruptcy Judge Judith Boulden. Carey School of Business Deans Council. 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. Later he broadened Pivotal Groups mandate, successfully investing in private equity and growth venture opportunities. The deal is subject to a 45-day period where ErosSTX may solicit other offers; if ErosSTX declines the offer, it must pay a $4.5 million breakup fee. Jahm Najafi - Wikipedia Francis is much more prolific and conservative. F. Francis Najafi is founder and CEO of Pivotal Group, a leading investment company focused on private equity and real estate. [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. With $25M Reward, Thunderbird Launches International Initiative To 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 . 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 . To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 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. 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. Habib also got another $3,900 from the Iranian American PAC. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . Our target properties include full-service hotels and resorts; office, multifamily, and mixed-use projects; and master-planned residential communities. 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 . 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. Suite 295 Subscribe to see more. at 41 0 obj <>stream 0000063403 00000 n adding to the rich diversity and cultural hodgepodge that makes America Thank you for accessing our content on the Topio Networks Market Intelligence Center. ), Both releases use identical wording in several instances and note the exact same findings. 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. Jahm Najafi is an Iranian-American businessman who runs a private-equity firm, Najafi Companies. Complete the form or call 435.333.4600 to learn more about this property. 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. Chief Executive Officer. 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. equity and real estate. The club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. 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. 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. The certificate will be covered by full scholarships, thus at no cost to learners. in the midst of the heated Senate election between Democrat Kyrsten Sinema and Republican Martha McSally. 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. 0000170314 00000 n Najafi is the founder of private equity firm Najafi Cos. Pivotal focused on the purchase of . 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. Shervin Pishevar Awards Cyrus Prize to Dropbox Co-Founder at - Payvand 0000176062 00000 n Website by Needlestack. 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 architecturally diverse structures would allow family members to engage in their individual pursuits and gather for joint recreation and celebration. Pivotal Group - Crunchbase Investor Profile & Investments Arizona State Universitys Thunderbird School of Global Managementannounced plans today to educate 100 million learners by 2030, thanks to a historic $25 million donation. said Thunderbird President ngel Cabrera, Ph.D. Mr. Francis Najafi has been working as a Chief Executive Officer at Pivotal Group for 18 years. world. 0000161571 00000 n Tyler Rives and Francis Najafi of Pivotal . Drawn by the unrealized potential of well-managed, middle-market companies with unique assets, Pivotal Group entered the private equity market in 2002. PDF F. Francis Najafi Founder and CEO Pivotal Group - Urban Land Institute Najafi said he believes sales will pick up in a year or two, making Promontory viable again. Our goal is to enable A+ teams to reach their peaks and achieve greatness. degree in engineering followed by two Masters Degrees from Thunderbird The School of Global Management, and the University of Southern California (USC). We assist management with strategy and equip them with capital to help realize their companys potential. privateequity@pivotalgroup.com, Contact Richard Garner The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. [7], Najafi founded Pivotal Group in 1982. In addition to his professional success, this father of . The first contribution was refunded, while Blue Magnolia Investments contribution was re-attributed to Berkshire Hathaway Automotive CEO Larry Van Tuyl, signaling that shedding light on these straw donors can force real disclosure. In the first year, the initiative aims to reach learners in Iran, Kenya, Mexico, Indonesia, Egypt, India, Senegal, Brazil and Vietnam in their native languages. For one, it uses his initials BK, just as Suzanne Kovners company uses the initials SK. Its address is the same as Kovners firm Caxton Alternative Management. Hoovestol and Lucht did not respond to phone messages inquiring about DRT. This award embodies the ideals of freedom, tolerance and acceptance HSn@}G)_!UQ0B`%NpNZWb93350.HB$]>f8F^z^Sk6(`Sr\\L\G ZpL,Gqi In 1982 he founded Pivotal Group, a real estate opportunity fund with uncanny market timing and wisdom. 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. commitment to serving his community, both locally and internationally., The cultural diversity of our great nation is essential for Americas Medal of Honor this year. through which more than 12 million immigrants passed in their quest for 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 document is copyrighted 2018 National Vista, Inc. Some of the wording in it exactly mirrors that used in a, , an Idaho-based company that sells its own cleaning products along with an arsenal of health-related products. 0000001495 00000 n "There is no question in my mind that the economy will recover.". a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. 0000176774 00000 n in the midst of the Arizona gubernatorial election between Doug Ducey and Fred DuVal. They gave just $20,400 to Republicans during that time. At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. committed graduates, not only in his professional career, but also for We have the expertise to assess complex investment opportunities. 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. 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. Francis Najafi - SourceWatch [18][19][20] He was also awarded the Jonas Mayer Outstanding Alumnus Award from Thunderbird School of Global Management.[21]. Najafi Companies did not respond to a request for comment on any potential connection with DPUS. trailer All rights reserved. GTT to Acquire Global Capacity With these competitive advantages, we make swift decisions and close transactions with creative and mutually beneficial structures. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. Francis Najafi. communities such as Promontory, an award-wining second-home community in 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. Washington, [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. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. 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. Francis Najafi. Pivotal Group hires managing director for private equity [10], Najafi Companies (Najafi Cos.), a private-equity firm, was established in 2002. No credit card required. In 1982, he founded Pivotal Group, a real estate opportunity fund. Mr. Najafis interest and commitment to community service spans the Quan, 602-373-2400. Mr. Najafi started a family of privately held firms 30 [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. 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. 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. [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. The fact that Najafi was able to buy his own project back so cheaply is a reflection of the turbulence in credit markets. Karl Polen | Chief Investment Officer of Arizona State Retirement 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 and take it from me, this guy knows what he is doing! 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. Not all so-called shell corporations are as easy to trace. Jahm Najafi Wiki, Biography, Age, Family, Height, Net Worth, Fast Facts Our most important investment criterion is an outstanding management team. The business wasted little time jumping into politics, giving $400,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) on Oct. 17, 2018. Subscribe to see more. 0000176450 00000 n Island Medal of Honor is sanctioned by the U.S. Congress and entered Pivotal Group - Overview, News & Competitors | ZoomInfo.com The Najafi Thunderbird Global Initiative is educational inclusion, innovation and impact at a worldwide scale, Khagram said. 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. Like Education Secretary Betsy DeVos, of the. No federal or state agency has judged the merits or value, if any, of this property. The Promontory vision guided the creation of the development of unique club structures harmonious with the land. Obtain the property report and read it before signing anything. awarded the Ellis Island Medal of Honor for outstanding citizenship, He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. He has made such an amount from his various business. 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. Thunderbird has touched more than 2 million learners in its 75-year history, said Thunderbird Director General and Dean Sanjeev Khagram. The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. 0000003156 00000 n The group aired multiple television ads to attack Cherny, him a Washington, D.C. insider in another. The National Ethnic Coalition of Organizations could not have My wife and I think of education as part of your basic human rights. Picture courtesy of Thunderbird College of International Administration at ASU. that is America, said Nasser J. Kazeminy, Chairman of NECO. . Script error: No such module "Draft topics". Dean's Council members - W. P. Carey School of Business 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. Francis Najafi, Founder and Chief Executive Officer, Pivotal Group 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. Opposing bids came from former Warner Music Group executive Edgar Bronfman Jr., Iowa-based company Meredith Corporation, and private equity firm Pamplona Capital Management. Page 6 of 9. Najafi countered that Credit Suisse agreed to loan money he says he didn't even need and that the bank was a victim of its own excess. DPUS didnt limit its political giving to federal elections. 2023 Promontory Club. 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. (Photo by Wes Clowers). The McCain-Soros connection: It started after senator got caught in The company later acquired the France, Belgium, Switzerland and Quebec operations of Direct Group.
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