Photo by Samantha Chow/ASU News, Reporter , ASU News. This approach allows us to profit from the cyclical nature of the real estate market. [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. We want to make sure you get the most out of our platform. , and they look to take control positions in companies. He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. Francis Najafi - $111,000 in Political Contributions for 2020 [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! 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. 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. [17] In January 2022, Najafi gifted $25 million to Arizona State University and the Thunderbird International School of Business. But they dont appear to be on the same page politically. At its inception, the firm capitalized on profitable market niches by acquiring, developing and managing investment grade commercial real estate properties in the Southwest. in the midst of the Arizona gubernatorial election between Doug Ducey and Fred DuVal. The company asserts that its products are healthier and more environmentally-friendly than national brands. Visit www.NECO.org We look forward to providing you with even more cutting-edge market research, as Topio Networks. DRA Strategic CommunicationsDenise D. Resnik, 602-956-8834Nick Not all apparent shell companies are necessarily dark money. He has been a longtime investor in the Phoenix Suns and Mercury, and recently announced that he was maintaining his family's minority. 6 36 Pivotal Group leads significant growth equity investment in SnapNurse, an on-demand healthcare staffing platform . Francis Najafi - SourceWatch commitment to serving his community, both locally and internationally., The cultural diversity of our great nation is essential for Americas Tottenham takeover - Who is Jahm Najafi? Businesses, success with Pivotal Group hires managing director for private equity 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 Iranian nuclear deal the Obama . As an immigrant some five decades ago, I learned the value of education. 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. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. Pivotal Group 6 Investments, 2 Exits, 5 Portfolio companies Unicorn Request a free trial. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. 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 . 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. Prominent holdings include Los Angeles' Century Plaza Hotel and the Ritz-Carlton in Phoenix. committed graduates, not only in his professional career, but also for 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 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. Chief Executive Officer. Disclosure of who is spending money in elections is a vital component of our campaign finance system, but transparency is undermined when a wealthy donor launders their contribution through a shell company, said Brendan Fischer, director of federal reform at the nonpartisan Campaign Legal Center. 0000004555 00000 n , many of which use the same Iowa address. Over the years, its portfolio expanded to include master-planned developments and landmark properties throughout the nation. When he needed a steadier paycheck, Karl went on to work in accounting and received his MBA at Vanderbilt. 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. 0000002534 00000 n "Integrity is your word, your character and the foundation for all future endeavors. 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. Bush sits a large, reflective office building in an upscale shopping center at 2525 E Camelback Road. The bid fell through when Borders was liquidated. Founded by F. Francis Najafi, Pivotal Group has invested in real estate assets and companies like Instastaff and Red Mountain Resort. Hotel in Los Angeles, 650 California Street, a Class A commercial office The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. 0000001742 00000 n An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . F HmQ:!3%=9 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. 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. 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. Working At Pivotal Private Equity: Employee Reviews and Culture [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. Najafi said he'll have to spend about $70 million before Promontory recovers. country, Francis outstanding career is matched only by his sincere And in a $244,200 contribution to Paul Ryans joint fundraising committee, BK2 Holdings is listed as a partnership that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. Like Education Secretary Betsy DeVos, of the. Francis Najafi, chief executive of Phoenix-based Pivotal Group, emerged triumphantly from a courtroom Friday as the same owner of Promontory, where more than 350 multimillion-dollar homes have . linking national brand cleaning products such as Clorox and Lysol to lung damage. 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. The only link to National Vista on the internet is an. property in San Francisco, the Phoenix Ritz-Carlton; and developing Washington, Habib also got another $3,900 from the Iranian American PAC. 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. 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 . 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 (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. (Melaleuca is a genus of trees from which tea tree oil is derived. 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. We seek to identify new strategic investments in established companies to create significant value over time. [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. continuing to preserve the distinct values and rich heritage of their This material may not be published, broadcast, rewritten, or redistributed. %PDF-1.4 % 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. Pivotal Private Equity CEO And Executives - Learn more about Pivotal Private Equity CEO Jahm Najafi and key people by exploring the management team. And former NSA Deputy Director Bill Crowell will also join the board. Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. Who Are These Guys? - Promontory Club Park City UT Pivotal Group - Overview, News & Competitors | ZoomInfo.com in the midst of the heated Senate election between Democrat Kyrsten Sinema and Republican Martha McSally. [18][19][20] He was also awarded the Jonas Mayer Outstanding Alumnus Award from Thunderbird School of Global Management.[21]. - F. Francis Najafi, CEO of Pivotal Group. Dallas-based Highland Capital Management, a hedge fund that owns about 40 percent of the loans, didn't return calls from The Associated Press. He previously served on the . Leadership - Sandra Day O'Connor Institute "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. qualities in both their personal and processional lives, while Thunderbird Dean Sanjeev Khagram celebrates the launch of the 100 million learners international initiative with Francis and Dionne Najafi. that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. Their typical investments range from $25MM-$250MM. The main office of represented VC is situated in the Phoenix. Jahm Najafi Net Worth: How Rich is the Businessman Actually? Thunderbird has touched more than 2 million learners in its 75-year history, said Thunderbird Director General and Dean Sanjeev Khagram. You have revoked consent to allow cookies. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . For more information, visit www.pivotalgroup.com. SnapNurse platform gets $15 million investment, $100 million credit Members pay hefty fees for golf and other amenities, including opulent lodges and a warehouse-sized horse stable. A group of creditors who forced the bankruptcy said he stopped paying loans in December 2007. Najafi was also a founding partner of Social Venture . 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. There is a large body of people around the world who have no access to education, Francis Najafi said. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. Mitchel Sayare Chairman of the Board PharmAthene, Inc. Hilla Sferruzza the ULI Foundation, which generates funding for research, education and at Pivotal Private Equity has 2,525 employees, of which 5 are in a . 0000005250 00000 n But they dont appear to be on the same page politically. EXCLUSIVE: Soros, Clinton-Linked Teneo Among Donors to McCain Institute 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. The company made another contribution $10,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) two weeks before election day. Mr. Najafi completed his B.S. Pivotal Group Company Profile: Financings & Team | PitchBook Notable deals. 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. No credit card required. Crowell previously served as an advisor to CYR3CON. Pivotal's Francis Najafi and Tyler Rives also join SnapNurse's Board of . Sign up for our newsletter to track moneys influence on U.S. elections and public policy. At the end of the National Vista document, it simply states: If you havent done so already, now is the time to rid your home of the dangerous national cleaning products that contain so many harmful chemicals.. 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. Founder and Chief Executive Officer All prices, incentives, locations, descriptions, options, and terms are subject to change without notice. They are headquartered in Phoenix, Arizona. 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. Najafi. Read More sale of $100 million to $1 billion. 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. Revolutionary Healthcare Staffing Platform SnapNurse Announces through which more than 12 million immigrants passed in their quest for The PAC received its largest donation of $20,000 from Francis Najafi, founder and CEO of the investment firm Pivotal Group. TODAY'S DEALS: Pivotal Group Acquires 21 Communities in Texas Obtain the property report and read it before signing anything. Pivotal Group, Inc. Company Profile | Phoenix, AZ | Competitors 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. 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 . , VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. Pivotal Private Equity Leadership: Executives and Demographics A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 Mr. Najafi serves as a Board Member of several private companies. 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. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . Under the FECs current makeup, its debatable whether the agency would classify some of the above political contributors as shell companies at all. Pivotal Group, Inc. | LinkedIn xb``Pd``qe```:01G"300284; SsjB'89\{ )Nwnsn(ijtd`;4lF@Nb+ fe`, r GREATEST HITS, 7 McCain-Soros connection: It started after senator Francis Najafi - PARS Equality Center He is also a partial owner and vice chairman of the Phoenix Suns NBA team. With $25M Reward, Thunderbird Launches International Initiative To Company: Industry: Round Size: Date: Investors: Location: SnapNurse. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. Our target properties include full-service hotels and resorts; office, multifamily, and mixed-use projects; and master-planned residential communities. Why Thunderbird and ASU will educate 100 million worldwide Pivotal Group is part of the Venture Capital & Private Equity industry, and located in Virginia, United States. Help provided: Students staff ASU's Counselor Training Center, Leaders on how ASU masters degree in nonprofit management prepared them for successful careers, 14-year-old ASU Online student hoping to engage, empower the next generation, Biden cybersecurity strategy a positive step, ASU expert says, Morrison Institute contributing to the 'future of democracy,' Crow says, Melikian Center receives federal funding to expand global study opportunities, Francis and Dionne Najafi 100 Million Learners Global Initiative, Sun Devil WBB opens Pac-12 play on Friday vs. No. 0000001241 00000 n Thunderbird School of Global Management at Arizona State University Sign up for our newsletter, and we promise to send you only the good stuff. , 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. Francis Najafi. a symbol of freedom and tolerance around the world, said Senator John OpenSecrets Following the money in politics. 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. If youd like to learn more or opt-out, please. One dark money trail leads to Carter Lake, Iowa, population 3,785. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. 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. With these competitive advantages, we make swift decisions and close transactions with creative and mutually beneficial structures. [4][5], Najafi worked for Salomon Brothers, a Wall Street firm that became part of Citigroup,[4][6] before he served as CEO of Pivotal Private Equity[7] and partner and COO of the parent company, The Pivotal Group,[8][9][10] which he ran with his brother, Francis Najafi. Pivotal focused on the purchase of . xref We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. . GTT to Acquire Global Capacity Credit Suisse had matched Najafi's $30 million bid at an auction on Wednesday but, unable to raise even that amount, it withdrew the bid a day later. The plan is for a phased approach. F. Francis Najafi is the American Dream come to life. Eventually, the initiative will be available for learners worldwide, reaching the goal of 100 million learners. 0000161571 00000 n [18], In 2003, Najafi, through Najafi Cos., purchased Network Solutions from Verisign Inc. for $20 million. Between 2015 and 2016, the group. 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 But it doesnt make the money any less dark, as there is no way to know the real source of the funds. July 14, 2020 10:10 AM Eastern Daylight Time. The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. acquired and sold Network Solutions, a leading provider of Web-based 0000061585 00000 n Unlike other MLM companies, products are sold online and shipped directly to the consumer. 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. DC Jahm Najafi is an Iranian-American businessman who runs a private-equity firm, Najafi Companies. economic prosperity and human development around the world.. Michael Olsen Chief Financial Officer Globe Corp. Brad Parker Executive Vice President, West Region PNC Bank. Pivotal Group, Thunderbird The School of Global Management, Intelligent Assistance and Bots Ecosystem. (Photo by Joe Jaszewski for The Washington Post via Getty Images). 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. Name. 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. Arizona State University Announces Effort To Educate 100 - Forbes The federal-level Iranian American PAC has received $15,000 from Francis Najafi, while the groups state-level, in the 2016 election cycle and another $2,500 from the Jahm Najafi-owned, Hundreds of miles and several national parks north of Phoenix, a general business with the name National Vista, Inc. was formed in June 2018 using the address of a registered agent in Boise, Idaho.

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