To request permission for commercial use, please contactus. xref The Valley's Most Powerful Men2011 - Page 6. We work across a diverse range of industries, including telecommunications, technology, media, aerospace, consumer, and business services. equity and real estate. 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. 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 project was shopped to 80 potential investors, none of whom ventured a bid. 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 gave $500,000 to SLF in 2017, is clearly linked to billionaire GOP donor Bruce Kovner in several ways. 0000181206 00000 n Two Thunderbird alumni, Francis and Dionne Najafi, donated $25 million to launch the initiative, the largest gift since Thunderbird joined ASU. 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 At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. Francis Najafi is an Iranian-American businessman and investor. foundation board member of the Translational Genomics Research Institute There is a large body of people around the world who have no access to education, Francis Najafi said. As an immigrant some five decades ago, I learned the value of education. We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. 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. 0000170581 00000 n Instastaff is a startup business that provides staffing to business customers seeking shift employees. Najafi. Pivotal focused on the purchase of . 0000063403 00000 n Complete the form or call 435.333.4600 to learn more about this property. No credit card required. It is unclear how DRT is funded and what the company does, outside of giving political contributions. 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. Obtain the property report and read it before signing anything. 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. %%EOF Thats the same address as private investment firm Najafi Companies, owned and operated by Jahm Najafi, a longtime Phoenix investor and partial owner of the Phoenix Suns. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. Pivotal Group leads significant growth equity investment in SnapNurse, an on-demand healthcare staffing platform . Pivotal Group is a diversified investment company primarily focused on private equity and real estate. "I have a tremendous amount of respect for Francis Najafi (Pivotal's founder and CEO) and the team he has built at Pivotal, where I will have the opportunity to lead the private equity. Ellis Island is the gateway 0000007266 00000 n The company makes investments in companies with transaction value up to $1 billion and holds investments from five to ten years. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. recipients who represent all sectors and cultures in our society.. Mr. Najafi serves as a Board Member of several private companies. ), 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. Read More sale of $100 million to $1 billion. 41 0 obj <>stream , many of which use the same Iowa address. awarded the Ellis Island Medal of Honor for outstanding citizenship, linking national brand cleaning products such as Clorox and Lysol to lung damage. For more information, visit. Pivotal Group is part of the Venture Capital & Private Equity industry, and located in Virginia, United States. into the Congressional Record. abiding respect and understanding of other cultures, high ethical Thank you for accessing our content on the Topio Networks Market Intelligence Center. Over the years, its portfolio expanded to include master-planned developments and landmark properties throughout the nation. 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. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . When he needed a steadier paycheck, Karl went on to work in accounting and received his MBA at Vanderbilt. F. Francis Najafi is founder and CEO of Pivotal Group, a leading investment company focused on private equity and real estate. Drawn by the unrealized potential of well-managed, middle-market companies with unique assets, Pivotal Group entered the private equity market in 2002. [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. 2022 Promontory Development, LLC. Additionally, we seek underperforming and distressed properties where we can add value through renovation, repositioning, redeployment, expansion, or capital restructuring. Arizona State Universitys Thunderbird School of Global Managementannounced plans today to educate 100 million learners by 2030, thanks to a historic $25 million donation. qualities in both their personal and processional lives, while The PAC received its largest donation of $20,000 from Francis Najafi, founder and CEO of the investment firm Pivotal Group. 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 leading investment and development company with primary concentration on all real estate asset classes. ", "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. (Photo by Wes Clowers). Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. 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. But they dont appear to be on the same page politically. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 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. Melaleuca sells its products through a multi-level marketing structure. 0000156504 00000 n Hakuziyaremye said Africans across the continent will be able to access a world-class global education. 0000007915 00000 n 0000156916 00000 n 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. He came to America from Iran to get an education and earned four degrees from three universities. unwavering efforts to advance global business and global citizenship, But they don't appear to be on the same page politically. Najafi, head of the company, invests only his own capital. The company made another contribution $10,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) two weeks before election day. The only link to National Vista on the internet is an obscure document that highlights a widely cited study linking national brand cleaning products such as Clorox and Lysol to lung damage. 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. Thunderbird Dean Sanjeev Khagram celebrates the launch of the 100 million learners international initiative with Francis and Dionne Najafi. F. Francis Najafi CEO Pivotal Group. "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. 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. 0000003156 00000 n Najafi holds an [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. 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. property in San Francisco, the Phoenix Ritz-Carlton; and developing Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. Sorry, we Our goal is to enable A+ teams to reach their peaks and achieve greatness. commitment to serving his community, both locally and internationally., The cultural diversity of our great nation is essential for Americas It makes investments with internal capital rather than raising funds from institutional investors, as is the industry norm. [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. committed graduates, not only in his professional career, but also for 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. Suite 295 Under the FECs current makeup, its debatable whether the agency would classify some of the above political contributors as shell companies at all. Hoovestol and Lucht did not respond to phone messages inquiring about DRT. Script error: No such module "AfC topic". 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. Jahm Najafi and his wife Cheryl have given $186,890 to Democratic groups and candidates since 1992, including $5,400 to Sinema in 2018. But they dont appear to be on the same page politically. Jamshid Jahm Najafi (born March 1963)[1] is an Iranian-American billionaire[2] businessman. 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. The National Ethnic Coalition of Organizations could not have Mr. Najafi has substantial board-level experience. Today, the club members enjoy an impressive suite of 14 signature amenities with several new additions in the works. [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! Francis Najafi is one of Thunderbirds most notable, successful and 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 . Mr. Najafi is also a patron on numerous cultural and civic organizations. Jobs; Sign In; Careers; By Job Titles; . 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. organization of its kind in the U.S., presented the award. 0000001241 00000 n Status. Sign up for our newsletter, and we promise to send you only the good stuff. degree in engineering followed by two Masters Degrees from Thunderbird The School of Global Management, and the University of Southern California (USC). Pivotal Group Team (17) Name Title Related Financings Office Contact Info; Francis Najafi Ph.D: Founder & Chief Executive Officer: 0: Phoenix, AZ Richard Garner: Chief Operating Officer: Phoenix, AZ Scott Knauer: Managing Director: Phoenix, AZ Tyler Rives: Managing . 0000161571 00000 n 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. adding to the rich diversity and cultural hodgepodge that makes America ceremony this past weekend in the historic Great Hall on Ellis Island. Restoring Arizonas Integrity made all of its independent expenditures $59,796 in the. [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. In addition to his professional success, this father of . For over twenty-five years, Pivotal has been involved with niche residential projects, commercial development, master planned communities, luxury hotel and spa properties, commercial office buildings and other real estate . Later he broadened Pivotal Group's mandate successfully investing in private equity and . Pivotal Group Location 1934 Old Gallows Rd Ste 350, Tysons Corner, Virginia, 22182, United States Description Industry 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. As a refugee of Idi Amins Uganda, my life was transformed by having access to world-class education, so this is deeply personal for me. With our medalists, we see America at its best. One dark money trail leads to Carter Lake, Iowa, population 3,785. Mr. Najafi has received several honors including the Ellis Island Medal of Honor, the NCCJ Humanitarian Award, Thunderbird Alumni Association Distinguished Alumni Award for Achievement as an Entrepreneur, and was honored as a Thunderbird Global Leader with the unveiling of the Najafi Global Mindset Institute at Thunderbird School of Global Management. Request a free trial. 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. 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. a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. Founder and Chief Executive Officer 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. 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. ), Both releases use identical wording in several instances and note the exact same findings. As an immigrant some five decades ago, I learned the value of education. 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. chosen a more deserving recipient of this award that celebrates However, National Vista did something of note besides bankrolling a super PAC. He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. 0000001318 00000 n He founded the privately held firm 30 years ago, investing in landmark properties. Want first access to OpenSecrets' investigations and data features? realestate@pivotalgroup.com, 3200 East Camelback Road . Dan Mahoney, co-chair of Snell & Wilmer's Venture Capital and Private Equity Industry Group. 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. trailer Copyright 2009 Associated Press. [3], Najafi has a bachelor's degree in economics from the University of California, Berkeley. that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. Todays announcement is a game-changer in many respects, said Soraya Hakuziyaremye, a Thunderbird alumna, former Rwandan minister of trade and current deputy Central Bank governor of Rwanda. The business wasted little time jumping into politics, giving $400,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) on Oct. 17, 2018. Visit www.NECO.org The use of shell company contributions to super PACs is a growing trend that has captured the attention of government watchdogs. and real estate. He runs Najafi Companies, a Phoenix-based private-equity firm, and is partial owner of the Phoenix Suns NBA team. 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. But it doesnt make the money any less dark, as there is no way to know the real source of the funds. 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. Current. [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. 8758 N Promontory Ranch Rd We invest in later-stage venture capital and growth equity opportunities in order to help generate notable growth over time. It shouldnt require pulling records from other states to reveal a possible connection to another company.. 0000003204 00000 n Tri-Point Column in Carter Lake, Iowa. Dallas-based Highland Capital Management, a hedge fund that owns about 40 percent of the loans, didn't return calls from The Associated Press. We see every color, Members pay hefty fees for golf and other amenities, including opulent lodges and a warehouse-sized horse stable. We empirically evaluate markets and asset classes allowing us to effectively anticipate market movements. Script error: No such module "Draft topics". 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.
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