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. 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. Use the CB Insights Platform to explore Pivotal Group's full profile. 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. The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. DPUS didnt limit its political giving to federal elections. In 1982 he founded Pivotal Group, a real estate opportunity fund with uncanny market timing and wisdom. 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. Complete the form or call 435.333.4600 to learn more about this property. [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. We do not acquire companies from management teams; we partner with them. 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. Francis Najafi has been working as a Chief Executive Officer at Pivotal Group for 18 years. Visit www.NECO.org Tri-Point Column in Carter Lake, Iowa. 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. At its inception, the firm capitalized on profitable market niches by acquiring, developing and managing investment grade commercial real estate properties in the Southwest. And former NSA Deputy Director Bill Crowell will also join the board. At USC, he began his entrepreneurial activities while a PhD candidate in International Political Economy. that is America, said Nasser J. Kazeminy, Chairman of NECO. abiding respect and understanding of other cultures, high ethical 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. The company asserts that its products are healthier and more environmentally-friendly than national brands. Pivotal Group, Thunderbird The School of Global Management, Intelligent Assistance and Bots Ecosystem. This article "Francis Najafi" is from Wikipedia. Former recipients include business icons [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. Your comment is 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. 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. . [17] In January 2022, Najafi gifted $25 million to Arizona State University and the Thunderbird International School of Business. 0000007915 00000 n
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. Suite 201, Sherman Oaks, CA 91403. We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. 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. (TGen); active in the Public Affairs Alliance of Iranian Americans In addition to his professional success, this father of . 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. It shouldnt require pulling records from other states to reveal a possible connection to another company.. Current. Mr. Najafi has substantial board-level experience. Melaleuca sells its products through a multi-level marketing structure. 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. [34], Najafi and his wife, Cheryl Najafi, live in Arizona with their three children. comprise Americas unique cultural mosaic. We have the expertise to assess complex investment opportunities. commitment to serving his community, both locally and internationally., The cultural diversity of our great nation is essential for Americas Pivotal Group is a Phoenix, Arizona basedprivate equity financing firm. We look forward to providing you with even more cutting-edge market research, as Topio Networks. 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. 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 . He is also on the Board of Directors of the Quincy Institute, active in the Worlds Presidents Organization (WPO) and Chief Executives Organization (CEO). As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. Our target properties include full-service hotels and resorts; office, multifamily, and mixed-use projects; and master-planned residential communities. diversity of the American people is what makes this nation great. The United States is a country of immigrants, each group of people 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. 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 . Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . We are grateful for their commitment to a borderless expansion of the opportunities that come with higher education.. As an immigrant some five decades ago, I learned the value of education. Francis Najafi Phone Number Found 3 phone numbers: 602625XXXX 602-956-XXXX . All Rights Reserved. Jamshid Jahm Najafi (born March 1963)[1] is an Iranian-American billionaire[2] businessman. The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. 0000176450 00000 n
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. Pivotal group gave $3,800. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. 0000004555 00000 n
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. His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. [2][3], Najafi was born in Isfahan, Iran in 1955. Pivotal's Private Equity practice, which is traditionally oriented around full buyouts. Tyler Rives and Francis Najafi of Pivotal . said Thunderbird President ngel Cabrera, Ph.D. Mr. Pivotal's real. 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 . Najafi said he believes sales will pick up in a year or two, making Promontory viable again. The fact that Najafi was able to buy his own project back so cheaply is a reflection of the turbulence in credit markets. For example, BK2 Holdings, a Princeton Junction, New Jersey-based company that. Script error: No such module "AfC topic". that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. [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. 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. This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. With these competitive advantages, we make swift decisions and close transactions with creative and mutually beneficial structures. Sorry, we Learn more about theFrancis and Dionne Najafi 100 Million Learners Global Initiative. Members pay hefty fees for golf and other amenities, including opulent lodges and a warehouse-sized horse stable. Hoovestol and Lucht did not respond to phone messages inquiring about DRT. 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. 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. The main office of represented VC is situated in the Phoenix. No federal or state agency has judged the merits or value, if any, of this property. All rights reserved. The PAC received its largest donation of $20,000 from Francis Najafi, founder and CEO of the investment firm Pivotal Group. in 2012. Written by Melissa Larsen. Jahm Najafi and his wife Cheryl have given $186,890 to Democratic groups and candidates since 1992, including $5,400 to Sinema in 2018. 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. As one of the leading Iranian-American entrepreneurs in the A member of the franchise system of BHH Affiliates, LLC. Pivotal Group's private equity arm focuses on middle-market companies and annual. In 1982, he founded Pivotal Group, a real estate opportunity fund. By the second year, the program will be expanded across Africa, the Middle East, Asia and Latin America to at least 25 languages. Francis Najafi is owner of The Pivotal Group, a long-time Phoenix businessman and philanthropist. [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. adding to the rich diversity and cultural hodgepodge that makes America Pivotal Group is a diversified investment company primarily focused on private equity and real estate. We have the expertise to assess complex investment opportunities. Najafi holds an 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. Mr. Najafi completed his B.S. 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. [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. The Ellis Island Medals of Honor pay tribute to the ancestry groups that It makes investments with internal capital rather than raising funds from institutional investors, as is the industry norm. 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. He is also a graduate of Thunderbird School of Global Management ('77) as is his wife. (Photo by Joe Jaszewski for The Washington Post via Getty Images). 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. [18], In 2003, Najafi, through Najafi Cos., purchased Network Solutions from Verisign Inc. for $20 million. Our goal is to enable A+ teams to reach their peaks and achieve greatness. xref
in 2017, is clearly linked to billionaire GOP donor Bruce Kovner in several ways. Jackie Pelham Global Business Leader W. L. Gore & Associates Inc. Glenn Rufrano Community Member. [5][6], Najafi continued his education at the University of Southern California where he worked as a Teachers Assistant (197779) while completing a Masters Degree in International Relations and his Ph.D. candidacy in the International Political Economy program. ", "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. Picture courtesy of Thunderbird College of International Administration at ASU. degree in engineering followed by two Masters Degrees from Thunderbird The School of Global Management, and the University of Southern California (USC). awarded the Ellis Island Medal of Honor for outstanding citizenship,
Sign up for our newsletter, and we promise to send you only the good stuff. Francis Najafi is an Iranian-American businessman and investor. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 All rights reserved. world. Francis Najafi is one of Thunderbirds most notable, successful and It is unclear how DRT is funded and what the company does, outside of giving political contributions. Additionally, we seek underperforming and distressed properties where we can add value through renovation, repositioning, redeployment, expansion, or capital restructuring. Mr. Najafis interest and commitment to community service spans the 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. After majority owner Robert Sarver was suspended from team operations for one year that stated Sarver engaged in conduct that clearly violated common workplace standards included the use of racially insensitive language; unequal treatment of female employees; sex-related statements and conduct; and harsh treatment of employees that on occasion constituted bullying Najafi called on Sarver to resign. The project was shopped to 80 potential investors, none of whom ventured a bid. The certificate will be covered by full scholarships, thus at no cost to learners. 0000003867 00000 n
[5], In May 2011, Najafi received the Ellis Island Medal of Honor for outstanding citizenship, individual achievement, and encouragement of cultural unity. 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. We see every color, In 1986, he received a master's degree in business economics from Harvard University. He has been a longtime investor in the Phoenix Suns and Mercury, and recently announced that he was maintaining his family's minority. 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. 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. 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. 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. A group of creditors who forced the bankruptcy said he stopped paying loans in December 2007. And in a $244,200 contribution to Paul Ryans joint fundraising committee. 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. 41 0 obj
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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. 2023 Promontory Club. ceremony this past weekend in the historic Great Hall on Ellis Island. This award embodies the ideals of freedom, tolerance and acceptance 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. To explore Pivotal Group's full profile, request access. Subscribe to see more. The Najafi Companies is an entrepreneurially driven private investment firm founded by Jahm Najafi in 2002. We understand that it takes vision, persistence, and humility to succeed. 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. Pivotal (Francis Najafi/Tyler Rives) The Najafi Companies (Jahm Najafi) . Pivotal Private Equity has 2,525 employees, of which 5 are in a . At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. We want to make sure you get the most out of our platform. This page was last edited on 17 November 2022, at 10:45. Equal Housing Opportunity. 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. 0000008522 00000 n
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. When he needed a steadier paycheck, Karl went on to work in accounting and received his MBA at Vanderbilt. 0000182369 00000 n
The only link to National Vista on the internet is an. "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. Not all apparent shell companies are necessarily dark money. every race from so many walks of life, together, celebrating the magic To ensure the most secure and best overall experience on our website, we recommend the latest versions of. into the Congressional Record. 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 Presidents Organization (WPO) and Chief Executives Organization (CEO).
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