Francis Najafi is an Iranian-American businessman and investor. Francis Najafi has been working as a Chief Executive Officer at Pivotal Group for 18 years. Learn more about theFrancis and Dionne Najafi 100 Million Learners Global Initiative. "My wife and I think of education as part of your basic human rights. Under the FECs current makeup, its debatable whether the agency would classify some of the above political contributors as shell companies at all. He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. 0000181206 00000 n
Pivotal's Francis Najafi and Tyler Rives also join SnapNurse's Board of . bG*aA
wfmBB FP/v}. through which more than 12 million immigrants passed in their quest for Not all apparent shell companies are necessarily dark money. It mightve come from the company, the companys owner, or it mightve come from another individual altogether. 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. qualities in both their personal and processional lives, while Script error: No such module "AfC topic". As one of the leading Iranian-American entrepreneurs in the Hakuziyaremye said Africans across the continent will be able to access a world-class global education. They are headquartered in Phoenix, Arizona. Dallas-based Highland Capital Management, a hedge fund that owns about 40 percent of the loans, didn't return calls from The Associated Press. Promontory is a Pivotal Group Community. Two Thunderbird alumni, Francis and Dionne Najafi, donated $25 million to launch the initiative, the largest gift since Thunderbird joined ASU. Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. Island Medal of Honor is sanctioned by the U.S. Congress and entered The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. Equal Housing Opportunity. Francis Najafi Phone Number Found 3 phone numbers: 602625XXXX 602-956-XXXX . Pivotal's real. where he earned a Bachelors Degree in Engineering in 1976. Copyright 2009 Associated Press. 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 . The honorees are remarkable Americans who exemplify outstanding For more information, visit www.pivotalgroup.com. The courses, which include subjects such as global leadership, customer experience and global entrepreneurship, launch in April. Pivotal Group, Thunderbird The School of Global Management, Intelligent Assistance and Bots Ecosystem. Habib also got another $3,900 from the Iranian American PAC. Open Secrets following the money in politics, An obscure Carter Lake limited liability company (LLC) named DRT, LLC made a $250,000 contribution to pro-Trump super PAC, in April 2018. Flooding changed the course of the river in 1897 leaving a two-mile square piece of Iowa forever marooned in Nebraska. No credit card required. world. 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. 0000008522 00000 n
Thank you for accessing our content on the Topio Networks Market Intelligence Center. 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. All prices, incentives, locations, descriptions, options, and terms are subject to change without notice. SALT LAKE CITYIn a highly unusual bankruptcy outcome, the developer of a luxury golf community near Park City bought it back for pennies on the dollar Friday because the leading creditor was unable to scrap together a bid and nobody else was interested. Im honored to be among the Pivotal funds its investments with internally generated capital, allowing speed, flexibility, and patience to deliver todays most innovative products and services to the market and build industry leading companies and projects. The Valley's Most Powerful Men2011 - Page 6. linking national brand cleaning products such as Clorox and Lysol to lung damage. Pivotal Private Equity has 2,525 employees, of which 5 are in a . Same platform but with new and improved features. The document is copyrighted 2018 National Vista, Inc. Some of the wording in it exactly mirrors that used in a press release released in February by Melaleuca, an Idaho-based company that sells its own cleaning products along with an arsenal of health-related products. Mr. Najafi is also a patron on numerous cultural and civic organizations. We see every color, Najafi Companies did not respond to a request for comment on any potential connection with DPUS. economic prosperity and human development around the world.. recipients who represent all sectors and cultures in our society.. Melaleuca sells its products through a multi-level marketing structure. 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. 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. Pivotal Group Location 1934 Old Gallows Rd Ste 350, Tysons Corner, Virginia, 22182, United States Description Industry [7], Najafi founded Pivotal Group in 1982. In 1982 he founded Pivotal Group, a real estate opportunity fund with uncanny market timing and wisdom. Pivotal Group is a leading investment company focused on private equity [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. Their typical investments range from $25MM-$250MM. 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. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. , VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. Francis is much more prolific and conservative. property in San Francisco, the Phoenix Ritz-Carlton; and developing Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. acquired and sold Network Solutions, a leading provider of Web-based for all of its filings, including its FEC filing. One dark money trail leads to Carter Lake, Iowa, population 3,785. 0000007266 00000 n
There is a large body of people around the world who have no access to education, Francis Najafi said. Restoring Arizonas Integrity made all of its independent expenditures $59,796 in the. 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 . 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. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. 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. A group of creditors who forced the bankruptcy said he stopped paying loans in December 2007. In 1986, he received a master's degree in business economics from Harvard University. Najafi was also a founding partner of Social Venture . VanderSloot was, national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. In 2014, DPUS gave another $55,000 to the super PAC, which swiftly. He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. It is unclear how DRT is funded and what the company does, outside of giving political contributions. 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. organization of its kind in the U.S., presented the award. 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. 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. He has been a longtime investor in the Phoenix Suns and Mercury, and recently announced that he was maintaining his family's minority. But they dont appear to be on the same page politically. The firm recently acquired Global Capacity, the worlds Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. Opposing bids came from former Warner Music Group executive Edgar Bronfman Jr., Iowa-based company Meredith Corporation, and private equity firm Pamplona Capital Management. 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. We understand that it takes vision, persistence, and humility to succeed. 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. He was named to the Phoenix Business Journal's Forty under 40 list in 2001. 0000061585 00000 n
20005. Francis Najafi. Pivotal Group is a leading investment and development company with primary concentration on all real estate asset classes. Pivotal Private Equity Company Rankings degree in engineering followed by two Masters Degrees from Thunderbird The School of Global Management, and the University of Southern California (USC). Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. We do not acquire companies from management teams; we partner with them. DAN DELANEY. 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. 0000003156 00000 n
Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. in 2012. The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. [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. 0
Editors note:This story is featured in the2022 year in review. One of the reasons Arizona State University is so pleased to have Thunderbird as part of our enterprise is because it is a school that has been focused on sustained prosperity worldwide for decades. [5], In May 2011, Najafi received the Ellis Island Medal of Honor for outstanding citizenship, individual achievement, and encouragement of cultural unity. Mr. F. Francis Najafi CEO Pivotal Group. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. 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. 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. 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. a symbol of freedom and tolerance around the world, said Senator John 0000161708 00000 n
Unlike other MLM companies, products are sold online and shipped directly to the consumer. Read More sale of $100 million to $1 billion. 0000175548 00000 n
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. 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. Script error: No such module "Draft topics". Pivotal group gave $3,800. 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. www.vbprofiles.com is now www.topionetworks.com. <<7E07F676488E4E4DB696AADCB8495A3F>]>>
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Iranian-American investors who happen to be politically active. 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. his commitment to the ideals for which Thunderbird stands and his 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. In 1982, he founded Pivotal Group, a real estate opportunity fund. The group aired multiple television ads to attack Cherny, him a Washington, D.C. insider in another. The sale was approved by U.S. Bankruptcy Judge Judith Boulden. By the fourth year or earlier, the program will have expanded to Europe and Central Asia with 40 total languages. That is so unique to Thunderbird.. 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. Francis Najafi. The learners in the initiativewill receive a badge for each course they complete and a 15-unit accredited certificate upon successful completion of all five courses. [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. 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. ancestors. Subscribe to see more. , many of which use the same Iowa address. The developer is Valley resident F. Francis Najafi, founder and CEO of The Pivotal Group. , and they look to take control positions in companies. And former NSA Deputy Director Bill Crowell will also join the board. 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. 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 . "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. Thirty years ago, Najafi founded Pivotal Group, one of the Valley's top investment companies. 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. Najafi said he'll have to spend about $70 million before Promontory recovers. endstream
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Suite 295 We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. 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. Lee Iacocca, Rupert Murdoch and Barron Hilton. country, Francis outstanding career is matched only by his sincere 0000005917 00000 n
Tri-Point Column in Carter Lake, Iowa. The use of shell company contributions to super PACs is a growing trend that has captured the attention of government watchdogs. In 2007, it sold Network Solutions to General Atlantic for $800 million. Their largest recipient is Rep. Steve King (R-Iowa) with $25,700 in contributions. Later he broadened Pivotal Group's mandate, successfully investing in private equity and growth venture opportunities. If youd like to learn more or opt-out, please. The architecturally diverse structures would allow family members to engage in their individual pursuits and gather for joint recreation and celebration. No federal or state agency has judged the merits or value, if any, of this property. [18][19][20] He was also awarded the Jonas Mayer Outstanding Alumnus Award from Thunderbird School of Global Management.[21]. The plan is for a phased approach. The company asserts that its products are healthier and more environmentally-friendly than national brands. ), 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. Just because you can suspect an LLC has connections to company, it doesnt really tell you anything about the source of the money, Fischer said. individual achievement and encouragement of cultural unity at an awards Subscribe to see more. Founder and Chief Executive Officer [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. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. years ago, investing in landmark properties including the Century Plaza Carey School of Business Deans Council. 0000001742 00000 n
[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. Founded by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. 22 Colorado at DFA, The Melikian Center: Russian, Eurasian and East European Studies, CHIPS Act at forefront of ASU's Mexico priorities, Watts College of Public Service and Community Solutions, School of Community Resources and Development. By using this website you consent to the use of cookies. 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 . When he needed a steadier paycheck, Karl went on to work in accounting and received his MBA at Vanderbilt. Park City, UT 84098. 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. [2] [3] Contents 1 Early life and education 2 Career 3 Philanthropy and recognition 4 Personal life . Washington, 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. This unrestricted gift will support the production and operating costs that Ballet Arizona incurs to produce its six mainstage performances over the . Francis Najafi CEO c5753ccd5d71c0 9d6ee09b348272075e14599 17ce51b948cc 7cdd6cbe9cddd078a. (Photo by Wes Clowers). Francis is much more prolific and conservative. that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. Jahm Najafi has a brother called Francis Najafi with whom he runs The Pivotal Group, a firm that focused on the purchase of major commercial properties in California Jahm Najafi Net Worth According to reports, Jahm Najafi has an estimated net worth of $3.5 billion. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 Prominent holdings include Los Angeles' Century Plaza Hotel and the Ritz-Carlton in Phoenix. Written by Melissa Larsen. DPUS didnt limit its political giving to federal elections. Hoovestol and Lucht did not respond to phone messages inquiring about DRT. We have the expertise to assess complex investment opportunities. [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. Obtain the property report and read it before signing anything. ceremony this past weekend in the historic Great Hall on Ellis Island. 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. At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. [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 $100 Million Business DealShe's Making a Comeback, Y'all! Sign up for our newsletter to track moneys influence on U.S. elections and public policy. His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. PHOENIX--(BUSINESS WIRE)--F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, was "Ultimately, I believe in the magic of America," said Najafi, an Iranian-born, self-made real-estate tycoon who believes the market for expensive second homes will come back. We look forward to providing you with even more cutting-edge market research, as Topio Networks. Jobs; Sign In; Careers; By Job Titles; . Like Education Secretary Betsy DeVos, of the. Francis Najafi is founder of Pivotal. Mr. Najafis interest and commitment to community service spans the The owner is Wayne Hoovestol, a midwest businessman who owns several farming and trucking-related businesses, including Hoovestol, Inc, many of which use the same Iowa address. Our goal is to enable A+ teams to reach their peaks and achieve greatness. Mr. Najafi currently serves as Chairman of the Board of Global Capacity, on the Board of Directors of the EastWest Institute, active in the World's President's Organization (WPO . Pivotal Group is the largest investor in the startup company. 0000176450 00000 n
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HSn@}G)_!UQ0B`%NpNZWb93350.HB$]>f8F^z^Sk6(`Sr\\L\G ZpL,Gqi 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! Park City, Utah. "Integrity is your word, your character and the foundation for all future endeavors. Download Full Image. Mr. Najafi is one of six Iranian-Americans to receive the Ellis Island We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. (Melaleuca is a genus of trees from which tea tree oil is derived. xref
The PAC received its largest donation of $20,000 from Francis Najafi, founder and CEO of the investment firm Pivotal Group. (TGen); active in the Public Affairs Alliance of Iranian Americans Bush sits a large, reflective office building in an upscale shopping center at 2525 E Camelback Road. All Rights Reserved. Chief Executive Officer @ Pivotal Group Preparing Francis profile View Francis's Email & Phone (It's Free) 5 free lookups per month. that is America, said Nasser J. Kazeminy, Chairman of NECO. 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. In 2005, Mr. Najafi established the Pivotal Foundation, as a charitable vehicle to give back to society and provide patronage for international awareness initiatives . We want to make sure you get the most out of our platform. a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. Mr. Najafi completed his B.S. 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 . At its inception, the firm capitalized on profitable market niches by acquiring, developing and managing investment grade commercial real estate properties in the Southwest. Eventually, the initiative will be available for learners worldwide, reaching the goal of 100 million learners. immigrants significant contribution to this country than Francis
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