Editors note:This story is featured in the2022 year in review. 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. Pivotal Group leads significant growth equity investment in SnapNurse, an on-demand healthcare staffing platform . AZ Big 100: 25 male leaders to watch in CRE for 2023 [5], In May 2011, Najafi received the Ellis Island Medal of Honor for outstanding citizenship, individual achievement, and encouragement of cultural unity. About QI - Quincy Institute for Responsible Statecraft 0000061404 00000 n into the Congressional Record. Our most important investment criterion is an outstanding management team. Pivotal Group CEO, F. Francis Najafi, Awarded Ellis Island Medal of Mitchel Sayare Chairman of the Board PharmAthene, Inc. Hilla Sferruzza The company made another contribution $10,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) two weeks before election day. At its inception, the firm capitalized on profitable market niches by acquiring,. Pivotal Group is the largest investor in the startup company. SnapNurse 75,000% Growth in Medical Staffing - Startupsavant.com Pivotal Group Portfolio Investments, Pivotal Group Funds, Pivotal Group Utah enclave bought back - The Denver Post For more information, visit. every race from so many walks of life, together, celebrating the magic Sign up for our newsletter to track moneys influence on U.S. elections and public policy. 0000181206 00000 n Popular Searches Pivotal Group Inc The Pivotal Group LLC We look forward to providing you with even more cutting-edge market research, as Topio Networks. A similar address isnt the only piece of circumstantial evidence that appears to link Najafi to the apparent shell company. Pictured is a section of the Boise, Idaho skyline. ancestors. The architecturally diverse structures would allow family members to engage in their individual pursuits and gather for joint recreation and celebration. Habib also got another $3,900 from the Iranian American PAC. Mr. Najafi completed his B.S. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. Francis Najafi is one of Thunderbirds most notable, successful and Arizona State Universitys Thunderbird School of Global Managementannounced plans today to educate 100 million learners by 2030, thanks to a historic $25 million donation. Dallas-based Highland Capital Management, a hedge fund that owns about 40 percent of the loans, didn't return calls from The Associated Press. Under the FECs current makeup, its debatable whether the agency would classify some of the above political contributors as shell companies at all. Mr. Najafi serves as a Board Member of several private companies. All rights reserved. years ago, investing in landmark properties including the Century Plaza With $25M Reward, Thunderbird Launches International Initiative To The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. 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. 0000001016 00000 n The Promontory vision guided the creation of the development of unique club structures harmonious with the land. Instastaff is a startup business that provides staffing to business customers seeking shift employees. For more information, visit www.pivotalgroup.com. Francis Najafi - SourceWatch SnapNurse platform gets $15 million investment, $100 million credit The Najafi Companies is an entrepreneurially driven private investment firm founded by Jahm Najafi in 2002. At its inception, the firm capitalized on profitable market niches by acquiring, developing and managing investment grade commercial real estate properties in the Southwest. Jamshid Jahm Najafi (born March 1963)[1] is an Iranian-American billionaire[2] businessman. 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. qualities in both their personal and processional lives, while Their typical investments range from $25MM-$250MM. With our medalists, we see America at its best. The owner is Wayne Hoovestol, a midwest businessman who owns several farming and trucking-related businesses, including. Eventually, the initiative will be available for learners worldwide, reaching the goal of 100 million learners. Leadership - Sandra Day O'Connor Institute 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. It shouldnt require pulling records from other states to reveal a possible connection to another company.. 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. [9], He serves as partial owner and vice chairman of the Phoenix Suns professional basketball team[4][13] and a governor on the board of the National Basketball Association. Guest editorial: Promontory inaccurately portrayed in affordable immigrants significant contribution to this country than Francis 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. After Sinema won the primary, the super PAC transferred $100,000 to. [26] The company invested approximately $200 million to Jeff Berg's talent agency, Resolution, after Najafi negotiated the deal in 2013. He is also a partial owner and vice chairman of the Phoenix Suns NBA team. 0000170581 00000 n 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. 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 . An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. continuing to preserve the distinct values and rich heritage of their Copyright 2021 Pars Equality Center. Their largest recipient is Rep. Steve King (R-Iowa) with $25,700 in contributions. This approach allows us to profit from the cyclical nature of the real estate market. NAJAFI, FRANCIS PHOENIX, AZ 85018: Pivotal Group/Pivotal Group/Ceo: $2,800: 11/08/2019: P: DEBBIE LESKO FOR CONGRESS - Republican: NAJAFI, FRANCIS PHOENIX . Francis Najafi - $111,000 in Political Contributions for 2020, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions . xref Download Full Image. Najafi. The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. DC , VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. Medal of Honor this year. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . [17] In January 2022, Najafi gifted $25 million to Arizona State University and the Thunderbird International School of Business. Francis Najafi See All CEO & Executives The Inside Scoop Since 1982, Pivotal Private Equity, a real estate investment and development company, has been dealing with commercial and residential clients. At USC, he began his entrepreneurial activities while a PhD candidate in International Political Economy. Pivotal Private Equity Leadership: Executives and Demographics Najafi holds an Another 1,500 building lots are available across a sprawling sagebrush-covered hill overlooking the ski town of Park City. Pivotal Group hires managing director for private equity Disclosure of who is spending money in elections is a vital component of our campaign finance system, but transparency is undermined when a wealthy donor launders their contribution through a shell company, said Brendan Fischer, director of federal reform at the nonpartisan Campaign Legal Center. "My wife and I think of education as part of your basic human rights. awarded the Ellis Island Medal of Honor for outstanding citizenship, HSn@}G)_!UQ0B`%NpNZWb93350.HB$]>f8F^z^Sk6(`Sr\\L\G ZpL,Gqi To access all the content for free, please sign up by entering your email. (Melaleuca is a genus of trees from which tea tree oil is derived. However, National Vista did something of note besides bankrolling a super PAC. [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 this case, the source of the money is Kovner, but it takes some digging to figure that out, and BK2s contributions arent always disclosed as such. Francis Najafi 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! Pivotal Group, Thunderbird The School of Global Management, Intelligent Assistance and Bots Ecosystem. 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. VanderSloot was, national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. Hakuziyaremye said Africans across the continent will be able to access a world-class global education. We seek to identify new strategic investments in established companies to create significant value over time. Learn more about theFrancis and Dionne Najafi 100 Million Learners Global Initiative. It makes investments with internal capital rather than raising funds from institutional investors, as is the industry norm. Tyler Rives and Francis Najafi of Pivotal . The United States is a country of immigrants, each group of people In addition to his professional success, this father of . . Mr. Najafi is one of six Iranian-Americans to receive the Ellis Island 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. communities such as Promontory, an award-wining second-home community in recipients who represent all sectors and cultures in our society.. "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. The firm recently acquired Global Capacity, the worlds EXCLUSIVE: Soros, Clinton-Linked Teneo Among Donors to McCain Institute realestate@pivotalgroup.com, 3200 East Camelback Road Written by Melissa Larsen. Dean's Council members - W. P. Carey School of Business 0 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. 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. Though the source of DRTs funding is muddy, it appears to have a relatively obvious link to Hoovestols businesses. Pivotal Group is a Phoenix, Arizona basedprivate equity financing firm. 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. 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 . 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. [34], Najafi and his wife, Cheryl Najafi, live in Arizona with their three children. equity and real estate. Francis Najafi. Chief Executive Officer. 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. 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. In 2014, DPUS gave another $55,000 to the super PAC, which swiftly. 0000001241 00000 n 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. Pivotal Private Equity Company Rankings He was named to the Phoenix Business Journal's Forty under 40 list in 2001. 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. The company later acquired the France, Belgium, Switzerland and Quebec operations of Direct Group. organization of its kind in the U.S., presented the award. commitment to serving his community, both locally and internationally., The cultural diversity of our great nation is essential for Americas 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. 0000003204 00000 n 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. 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. Mr. Najafi is also a patron on numerous cultural and civic organizations. At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. [2][3], Najafi was born in Isfahan, Iran in 1955. If youd like to learn more or opt-out, please. F HmQ:!3%=9 Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. a symbol of freedom and tolerance around the world, said Senator John Justin Lanne and Sandy Alter of Grubb and Ellis represented the sellers . Read More sale of $100 million to $1 billion. in 2012. 0000156916 00000 n "Ultimately, I believe in the magic of America," said Najafi, an Iranian-born, self-made real-estate tycoon who believes the market for expensive second homes will come back. 0000001495 00000 n Najafi insisted the bankruptcy was not his doing. 0000182369 00000 n that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. "Integrity is your word, your character and the foundation for all future endeavors. [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. 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. 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. 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. 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. Valley billionaire Jahm Najafi looks to take over Premier League's Suite 295 0000007915 00000 n By the second year, the program will be expanded across Africa, the Middle East, Asia and Latin America to at least 25 languages. 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. 0000155666 00000 n In 1986, he received a master's degree in business economics from Harvard University. comprise Americas unique cultural mosaic. 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. Pivotal Group Location 1934 Old Gallows Rd Ste 350, Tysons Corner, Virginia, 22182, United States Description Industry the ULI Foundation, which generates funding for research, education and We assist management with strategy and equip them with capital to help realize their companys potential. 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. Thunderbird School of Global Management at Arizona State University Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. 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. . Pivotal focused on the purchase of . F. Francis Najafi is the American Dream come to life. 0000161571 00000 n 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. Mr. Najafi started a family of privately held firms 30 0000161708 00000 n Francis Najafi. Francis Najafi - EverybodyWiki Bios & Wiki Copyright 2009 Associated Press. Complete the form or call 435.333.4600 to learn more about this property. Feel free to distribute or cite this material, but please credit OpenSecrets. Website by Needlestack. He previously served on the . 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, (CLF) on the same date. 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. 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 . He founded the privately held firm 30 years ago, investing in landmark properties. Some of these LLCs, such as DRT, LLC, are easier to track than others. Pivotal group gave $3,800. [10], Najafi Companies (Najafi Cos.), a private-equity firm, was established in 2002. Najafi Companies did not respond to a request for comment on any potential connection with DPUS. Francis Najafi email address & phone number | Pivotal Group Chief Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 The club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. (Melaleuca is a genus of trees from which tea tree oil is derived. Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. standards, and a firm belief that business can be a powerful source of The Ellis Island Medals of Honor pay tribute to the ancestry groups that The fact that Najafi was able to buy his own project back so cheaply is a reflection of the turbulence in credit markets. July 14, 2020 10:10 AM Eastern Daylight Time. Title. 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. said Thunderbird President ngel Cabrera, Ph.D. Mr. Script error: No such module "AfC topic". [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. Dark Money: Coming from a shell company near you OpenSecrets - Truthout Global management certificate to be available at no cost, in 40 languages. 0000007266 00000 n , and they look to take control positions in companies. Tottenham takeover - Who is Jahm Najafi? Businesses, success with 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. Today, with its capital resources, experience and expertise, Pivotal Group is well positioned for continued success in the private equity and real estate markets. Top Maricopa election official launched PAC in 2021 to stop Republican The Najafi Thunderbird Global Initiative is educational inclusion, innovation and impact at a worldwide scale, Khagram said. www.vbprofiles.com is now www.topionetworks.com. $25 million gift to expand Arizona State's Global Management school Pivotal group gave $3,800. Equal Housing Opportunity. Before becoming CEO of Pivotal Private Equity and partner and COO of the parent company, The Pivotal Group, which he headed with his brother, Francis Najafi, Najafi worked for Salomon Brothers, a Wall Street firm that later joined Citigroup. For example, BK2 Holdings, a Princeton Junction, New Jersey-based company that. , many of which use the same Iowa address. 41 0 obj <>stream services. A Melaleuca representative expressed an interest in making a comment but did not do so by press time on Tuesday. 0000182073 00000 n 2022 Promontory Development, LLC. freedom of speech, religion and economic opportunity. 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. [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. In 1982, he founded Pivotal Group, a real estate opportunity fund. 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. his commitment to the ideals for which Thunderbird stands and his Current. Two Thunderbird alumni, Francis and Dionne Najafi, donated $25 million to launch the initiative, the largest gift since Thunderbird joined ASU. tank; a trustee and alumnus of Thunderbird School of Global Management; for all of its filings, including its FEC filing. at Quan, 602-373-2400. 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. 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 Visit www.NECO.org He is also on the Board of Directors of the Quincy Institute, active in the Worlds Presidents Organization (WPO) and Chief Executives Organization (CEO). DAN DELANEY. %%EOF Mr. Najafi has substantial board-level experience. 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.
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