francis najafi pivotal group francis najafi pivotal group

The company made another contribution $10,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) two weeks before election day. [17] In January 2022, Najafi gifted $25 million to Arizona State University and the Thunderbird International School of Business. They are headquartered in Phoenix, Arizona. In 2015, Huffington Post reported that Francis may have used a shell company called Tread Standard LLC to transfer $150,000 to a pro-Jeb Bush super PAC. Thirty years ago, Najafi founded Pivotal Group, one of the Valley's top investment companies. The takeover required a buyer to raise millions more to keep operations at Promontory going. Jahm Najafi is an Iranian-American businessman who runs a private-equity firm, Najafi Companies. Restoring Arizonas Integrity made all of its independent expenditures $59,796 in the. every race from so many walks of life, together, celebrating the magic Melaleuca is run by billionaire GOP megadonor Frank VanderSloot, who is reported to be the richest person in Idaho at an estimated net worth of $3.4 billion, according to Forbes. The project was shopped to 80 potential investors, none of whom ventured a bid. He is also on the Board of Directors of the Quincy Institute, active in the Worlds Presidents Organization (WPO) and Chief Executives Organization (CEO). But they dont appear to be on the same page politically. [3][4][10][17], In December 2020, Najafi was announced as the next vice-chairman of McLaren Racing, a Formula One constructor. NECO was created in 1984 on the conviction of its founders that the [2][3], Najafi was born in Isfahan, Iran in 1955. the ULI Foundation, which generates funding for research, education and Subscribe to see more. But they dont appear to be on the same page politically. [16], He has also served on the board of directors for the Phoenix Symphony and Phoenix Metropolitan Area Convention and Visitors Bureau, and as chair of the board of trustees of Phoenix Country Day School. Former recipients include business icons Francis Najafi is owner of The Pivotal Group, a long-time Phoenix businessman and philanthropist. Pivotal group gave $3,800. 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. 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. committed graduates, not only in his professional career, but also for Copyright 2009 Associated Press. 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. Francis Najafi - $111,000 in Political Contributions for 2020, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions . Eventually, the initiative will be available for learners worldwide, reaching the goal of 100 million learners. The use of shell company contributions to super PACs is a growing trend that has captured the attention of government watchdogs. Mr. 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. 0000061404 00000 n Dan Mahoney, co-chair of Snell & Wilmer's Venture Capital and Private Equity Industry Group. 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. You have revoked consent to allow cookies. He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. xref Title. Mr. Najafi serves as a Board Member of several private companies. [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. Use the CB Insights Platform to explore Pivotal Group's full profile. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. Quan, 602-373-2400. Pivotal focused on the purchase of . linking national brand cleaning products such as Clorox and Lysol to lung damage. 6 0 obj <> endobj And in a $244,200 contribution to Paul Ryans joint fundraising committee. They gave just $20,400 to Republicans during that time. foundation board member of the Translational Genomics Research Institute [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. 0000007266 00000 n Washington, bG*aA wfmBB FP/v}. Pivotal Group appeared to be the VC, which was created in 1982. Learn more about theFrancis and Dionne Najafi 100 Million Learners Global Initiative. Learn about Article Alert. freedom of speech, religion and economic opportunity. Crowell previously served as an advisor to CYR3CON. 0000001016 00000 n in the midst of the heated Senate election between Democrat Kyrsten Sinema and Republican Martha McSally. 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. Park City, Utah. F. Francis Najafi is founder and CEO of Pivotal Group, a leading investment company focused on private equity and real estate. This material may not be published, broadcast, rewritten, or redistributed. 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. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. 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. The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. 0000002534 00000 n (PAAIA), a leading Iranian philanthropic institution; and governor of Global management certificate to be available at no cost, in 40 languages. in 2012. <<7E07F676488E4E4DB696AADCB8495A3F>]>> By the fourth year or earlier, the program will have expanded to Europe and Central Asia with 40 total languages. 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. Najafi is the founder of private equity firm Najafi Cos. - F. Francis Najafi, CEO of Pivotal Group. 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. Professional Services . 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. Later he broadened Pivotal Group's mandate, successfully investing in private equity and growth venture opportunities. Pivotal Group is part of the Venture Capital & Private Equity industry, and located in Virginia, United States. Francis Najafi is one of Thunderbirds most notable, successful and The main office of represented VC is situated in the Phoenix. Not all apparent shell companies are necessarily dark money. 0000004555 00000 n 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. Prominent holdings include Los Angeles' Century Plaza Hotel and the Ritz-Carlton in Phoenix. trailer Pivotal Group leads significant growth equity investment in SnapNurse, an on-demand healthcare staffing platform . Carey School of Business Deans Council. A similar address isnt the only piece of circumstantial evidence that appears to link Najafi to the apparent shell company. Name. 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 is an Iranian-American businessman and investor. Our most important investment criterion is an outstanding management team. The purpose of disclosure is to allow people to know immediately upon looking at an FEC report who the contributors are. [3], Najafi has a bachelor's degree in economics from the University of California, Berkeley. 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. He is also a partial owner and vice chairman of the Phoenix Suns NBA team. ", "Paula Deen makes $75M deal to re-boot her empire", "NBA team owner may soon own Sports Illustrated's owner", "Boivin: The story behind Sean Miller's questionable timeout vs. UCLA", "STX Separating From Eros As Najafi Companies Enters $173M Agreement To Acquire Hollywood Studio", https://en.wikipedia.org/w/index.php?title=Jahm_Najafi&oldid=1141017506, This page was last edited on 22 February 2023, at 23:17. through which more than 12 million immigrants passed in their quest for Francis Najafi is founder and Chief Executive Officer of Pivotal Group, a thirty year old investment firm with experience in private equity and real estate investments. The LLCs address, 200 Owen Parkway Circle, is the same as Lone Mountain Truck Leasing, and its registered agent in Iowa is Andy Lucht, CFO of the truck company. HSn@}G)_!UQ0B`%NpNZWb93350.HB$]>f8F^z^Sk6(`Sr\\L\G ZpL,Gqi 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. Flooding changed the course of the river in 1897 leaving a two-mile square piece of Iowa forever marooned in Nebraska. 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. In 2015. reported that Francis may have used a shell company called Tread Standard LLC to transfer $150,000 to a pro-Jeb Bush super PAC. 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. He is also a graduate of Thunderbird School of Global Management ('77) as is his wife. 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. comprise Americas unique cultural mosaic. In 1986, he received a master's degree in business economics from Harvard University. Equal Housing Opportunity. His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. Pivotal concentrated on buying commercial properties such as 650 California Street in San Francisco, The . 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 its inception, the firm capitalized on profitable market niches by acquiring,. Status. [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. and real estate. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. OpenSecrets Following the money in politics. That is so unique to Thunderbird.. 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. Written by Melissa Larsen. 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. We are grateful for their commitment to a borderless expansion of the opportunities that come with higher education.. 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. [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. 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 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. Promontory is a Pivotal Group Community. Suite 295 A member of the franchise system of BHH Affiliates, LLC. We understand that it takes vision, persistence, and humility to succeed. 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. [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. his commitment to the ideals for which Thunderbird stands and his [8][9], Najafi has also been on the boards of directors of; The Quincy Institute for Responsible Statecraft,[10] Greater Phoenix Economic Council,[11] Phoenix Art Museum,[12] and EastWest Institute. 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. Jobs; Sign In; Careers; By Job Titles; . Pivotal group gave $3,800. 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. Technically, the town is on the Nebraska side of the Missouri River in Omaha, and its horseshoe-shaped lake was once an oxbow bend of the river itself. The architecturally diverse structures would allow family members to engage in their individual pursuits and gather for joint recreation and celebration. Feel free to distribute or cite this material, but please credit OpenSecrets. 0000008522 00000 n 0000005250 00000 n Want first access to OpenSecrets' investigations and data features? If youd like to learn more or opt-out, please. So-called dark money contributions come from a diverse cross-section of the American landscape. And former NSA Deputy Director Bill Crowell will also join the board. Francis Najafi has been working as a Chief Executive Officer at Pivotal Group for 18 years. No credit card required. organization of its kind in the U.S., presented the award. . www.vbprofiles.com is now www.topionetworks.com. 41 0 obj <>stream that is America, said Nasser J. Kazeminy, Chairman of NECO. 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. DC 0000155666 00000 n VanderSloot was, national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. The PAC received its largest donation of $20,000 from Francis Najafi, founder and CEO of the investment firm Pivotal Group. All rights reserved. %%EOF After graduating from Harvard with a master's degree in business economics in 1986, Najafi worked for Wall Street firm Solomon Brothers that eventually became a part of Citigroup. 0000156504 00000 n Today, the club members enjoy an impressive suite of 14 signature amenities with several new additions in the works. Mr. Najafi is also a patron on numerous cultural and civic organizations. With our medalists, we see America at its best. 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. DRA Strategic CommunicationsDenise D. Resnik, 602-956-8834Nick All rights reserved. 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. Same platform but with new and improved features. For more information, visit www.pivotalgroup.com. Najafi Companies did not respond to a request for comment on any potential connection with DPUS. F. Francis Najafi is the American Dream come to life. [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 the midst of the Arizona gubernatorial election between Doug Ducey and Fred DuVal. diversity of the American people is what makes this nation great. Access to higher education and the need for equity and inclusion is one of a global scale, ASU President Michael Crow said. Subscribe to see more. "Having finished his undergraduate study in engineering, Francis obtained two masters degrees from the American Graduate School . A Credit Suisse spokesman didn't dispute the loss but wouldn't comment. When Robert Sarver eventually sold the team to new ownership led by Mat Ishbia and his brother Justin Ishbia, Najafi was one of three minority team owners to keep all their stakes with the team once the sale went through on February 7, 2023. ), Both releases use identical wording in several instances and note the exact same findings. Complete the form or call 435.333.4600 to learn more about this property. individual achievement and encouragement of cultural unity at an awards 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. [18], In 2003, Najafi, through Najafi Cos., purchased Network Solutions from Verisign Inc. for $20 million. Another 1,500 building lots are available across a sprawling sagebrush-covered hill overlooking the ski town of Park City. In addition to his professional success, this father of . Tyler Rives and Francis Najafi of Pivotal . %PDF-1.4 % One dark money trail leads to Carter Lake, Iowa, population 3,785. Company: Industry: Round Size: Date: Investors: Location: SnapNurse. Pivotal Group, based in Phoenix, provided SnapMedTech with a $15 million growth equity investment and a $100 million credit facility at the end of 2020. . [18][19][20] He was also awarded the Jonas Mayer Outstanding Alumnus Award from Thunderbird School of Global Management.[21]. Website by Needlestack. For more information, visit. Pivotal Private Equity CEO And Executives - Learn more about Pivotal Private Equity CEO Jahm Najafi and key people by exploring the management team. 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. DAN DELANEY. It has a local reputation as a lower-income town of small houses, mobile homes, airport hotels, a few industrial businesses and a large abstract steel sculpture called Tri-Point Column by the late sculptor Rod Kagan sitting alone in a field on Abbott Drive. 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. 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. A Melaleuca representative expressed an interest in making a comment but did not do so by press time on Tuesday. The company makes investments in companies with transaction value up to $1 billion and holds investments from five to ten years. , which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. Suite 201, Sherman Oaks, CA 91403. "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. Sign up for our newsletter, and we promise to send you only the good stuff. As an immigrant some five decades ago, I learned the value of education. The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. The National Ethnic Coalition of Organizations (NECO), the largest Habib also got another $3,900 from the Iranian American PAC. Just a stones throw from Park City, generations of families could pursue active recreation amid a diverse array of superb amenities, while completely immersed in nature. Work History. [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. It shouldnt require pulling records from other states to reveal a possible connection to another company.. Mitchel Sayare Chairman of the Board PharmAthene, Inc. Hilla Sferruzza An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. (Photo by Wes Clowers). Our goal is to enable A+ teams to reach their peaks and achieve greatness. Members pay hefty fees for golf and other amenities, including opulent lodges and a warehouse-sized horse stable. The Najafi Thunderbird Global Initiative is educational inclusion, innovation and impact at a worldwide scale, Khagram said. [10], Najafi Companies (Najafi Cos.), a private-equity firm, was established in 2002. . He currently serves as Chairman of the Board of NxSystems. Editors note:This story is featured in the2022 year in review. 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. xb``Pd``qe```:01G"300284; SsjB'89\{ )Nwnsn(ijtd`;4lF@Nb+ fe`, r 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. 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 . He is a board member of EastWest Institute, a global think-and-do Francis Najafi. chosen a more deserving recipient of this award that celebrates At its inception, the firm capitalized on profitable market niches by acquiring, developing and managing investment grade commercial real estate properties in the Southwest. startxref 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. privateequity@pivotalgroup.com, Contact Richard Garner 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 . Medal of Honor this year. Your comment is 0000176450 00000 n We want to make sure you get the most out of our platform. In court on Friday, Credit Suisse didn't support or oppose Najafi's bid, surrendering the battle. Based on our data team's research, Jahm Najafi is the Pivotal Private Equity's CEO. "He feels a sense of obligation to the community and a desire to protect the reputation of a development he's so closely associated with," said David Jordan, one of the lawyers for the Pivotal Group subsidiaries that operate Promontory. But it doesnt make the money any less dark, as there is no way to know the real source of the funds. Script error: No such module "Draft topics". 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. 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.