The purpose of disclosure is to allow people to know immediately upon looking at an FEC report who the contributors are. 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. Our goal is to enable A+ teams to reach their peaks and achieve greatness. [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. This award embodies the ideals of freedom, tolerance and acceptance The firm recently acquired Global Capacity, the worlds Suburbs, big cities and even small towns are home to corporations created primarily to conceal the true source of money flowing to super PACs that spend millions of dollars to influence elections. [3][4][10][17], In December 2020, Najafi was announced as the next vice-chairman of McLaren Racing, a Formula One constructor. 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. "There is no question in my mind that the economy will recover.". Francis Najafi - SourceWatch 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 . a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. One dark money trail leads to Carter Lake, Iowa, population 3,785. continued economic prosperity and world leadership, said Mr. Najafi. [4][23][24][25] Najafi and Najafi Cos. also bid to buy The Boston Globe in 2013. Dan Mahoney, co-chair of Snell & Wilmer's Venture Capital and Private Equity Industry Group. 0000003156 00000 n Pivotal Group Company Profile | Management and Employees List In 1982, he founded Pivotal Group, a real estate opportunity fund. Founder and Chief Executive Officer Pivotal Group, Inc. | LinkedIn 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. We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. 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. 0000004555 00000 n Same platform but with new and improved features. 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. Thunderbird Dean Sanjeev Khagram celebrates the launch of the 100 million learners international initiative with Francis and Dionne Najafi. 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. 0000182073 00000 n Francis Najafi. As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. 0000155666 00000 n We empirically evaluate markets and asset classes allowing us to effectively anticipate market movements. Chief Executive Officer. 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. Crowell previously served as an advisor to CYR3CON. AZ Big 100: 25 male leaders to watch in CRE for 2023 In 1972, Najafi moved to Arizona where he attended Arizona State University. 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. Utah enclave bought back - The Denver Post 0000000016 00000 n where he earned a Bachelors Degree in Engineering in 1976. Photo by Samantha Chow/ASU News, Reporter , ASU News. 0 Developer Story - Promontory Club Park City UT The business wasted little time jumping into politics, giving $400,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) on Oct. 17, 2018. Request a free trial. Jahm Najafi - Wikipedia The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. 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. We want to make sure you get the most out of our platform. Francis Najafi is a '77 alum of Thunderbird, and his wife, Dionne, is an '06 alum. PDF F. Francis Najafi Founder and CEO Pivotal Group - Urban Land Institute Healthcare staffing platform SnapNurse announces strategic investment Global Capacity Announces Acquisition by Pivotal Group - PR Newswire 0000001318 00000 n 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. All prices, incentives, locations, descriptions, options, and terms are subject to change without notice. ), 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. The United States is a country of immigrants, each group of people The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. By the second year, the program will be expanded across Africa, the Middle East, Asia and Latin America to at least 25 languages. Want first access to OpenSecrets' investigations and data features? 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. 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. Mr. Najafi serves as a Board Member of several private companies. 0000001908 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. Top image: Thunderbird School of Global Management headquarters in downtown Phoenix. a symbol of freedom and tolerance around the world, said Senator John 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. [26] The company invested approximately $200 million to Jeff Berg's talent agency, Resolution, after Najafi negotiated the deal in 2013. The courses, which include subjects such as global leadership, customer experience and global entrepreneurship, launch in April. This unrestricted gift will support the production and operating costs that Ballet Arizona incurs to produce its six mainstage performances over the . Mitchel Sayare Chairman of the Board PharmAthene, Inc. Hilla Sferruzza 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. Francis Najafi. Najafi countered that Credit Suisse agreed to loan money he says he didn't even need and that the bank was a victim of its own excess. Najafi said he believes sales will pick up in a year or two, making Promontory viable again. Copyright 2009 Associated Press. This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. 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 has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . equity and real estate. F. Francis Najafi CEO, Founder Pivotal Group Phoenix, Arizona, United States 2K followers 500+ connections Join to view profile pivotal group Thunderbird School of Global Management. in 2012. We seek to identify new strategic investments in established companies to create significant value over time. We have the expertise to assess complex investment opportunities. 0000002534 00000 n Najafi Companies - Massinvestor Venture Capital and Private Equity Database Our target properties include full-service hotels and resorts; office, multifamily, and mixed-use projects; and master-planned residential communities. Copyright 2021 Pars Equality Center. Sign up for our newsletter, and we promise to send you only the good stuff. They gave just $20,400 to Republicans during that time. Pivotal Group's private equity arm focuses on middle-market companies and annual. comprise Americas unique cultural mosaic. world. Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. 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 focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . Mr. Najafi started a family of privately held firms 30 Working At Pivotal Private Equity: Employee Reviews and Culture The list of its authors can be seen in its historicaland/or the page Edithistory:Francis Najafi. Pivotal Group hires managing director for private equity Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. , which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. Written by Melissa Larsen. [7], Najafi founded Pivotal Group in 1982. Justin Lanne and Sandy Alter of Grubb and Ellis represented the sellers . Thank you for accessing our content on the Topio Networks Market Intelligence Center. ", "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. "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. Iranian-American investors who happen to be politically active. Suite 295 Our private mountain club began in 2001, when the world was introduced to the vision of Promontory by an uncompromising developer with extensive experience in building communities and providing high-end hospitality. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. At its inception, the firm capitalized on profitable market niches by acquiring, developing and managing investment grade commercial real estate properties in the Southwest. Shervin Pishevar Awards Cyrus Prize to Dropbox Co-Founder at - Payvand Michael Olsen Chief Financial Officer Globe Corp. Brad Parker Executive Vice President, West Region PNC Bank. property in San Francisco, the Phoenix Ritz-Carlton; and developing Global management certificate to be available at no cost, in 40 languages. diversity of the American people is what makes this nation great. The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. qualities in both their personal and processional lives, while Bankrupt luxury community sold to same developer - Boston.com In court on Friday, Credit Suisse didn't support or oppose Najafi's bid, surrendering the battle. Pivotal Private Equity Company Rankings 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. to learn more. 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 Senate Majority PAC in the midst of the heated Senate election between Democrat Kyrsten Sinema and Republican Martha McSally. 0000005250 00000 n [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. Pivotal Group appeared to be the VC, which was created in 1982. To access all the content for free, please sign up by entering your email. Melaleuca sells its products through a multi-level marketing structure. AI Cyber Attack Prediction Platform CYR3CON Secures $8.2 Million The Ellis Island Medals of Honor pay tribute to the ancestry groups that 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. Work History. TODAY'S DEALS: Pivotal Group Acquires 21 Communities in Texas 0000007915 00000 n 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! Ellis Island is the gateway Use the CB Insights Platform to explore Pivotal Group's full profile. Jahm Najafi Bio, Parents, Wife, Children, Siblings, Net Worth [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. 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. 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. Pivotal Private Equity has 2,525 employees, of which 5 are in a . %%EOF [10], Najafi Companies (Najafi Cos.), a private-equity firm, was established in 2002. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. Pivotal's Private Equity practice, which is traditionally oriented around full buyouts. [4] Upon graduation from ASU, he attended the Thunderbird School of Global Management and earned a Masters Degree in International Management in 1977. All rights reserved. Pivotal group gave $3,800. for all of its filings, including its FEC filing. At the end of the National Vista document, it simply states: If you havent done so already, now is the time to rid your home of the dangerous national cleaning products that contain so many harmful chemicals.. Mr. Najafi serves as a Board Member of several private companies. Subscribe to see more. Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal Script error: No such module "AfC topic". Sorry, we But they dont appear to be on the same page politically. 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 . [34], Najafi and his wife, Cheryl Najafi, live in Arizona with their three children. Medal of Honor this year. (Photo by Joe Jaszewski for The Washington Post via Getty Images). It makes investments with internal capital rather than raising funds from institutional investors, as is the industry norm. 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. 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. unwavering efforts to advance global business and global citizenship, Internet Explorer presents a security risk. Mr. Najafi has substantial board-level experience. xref We assist management with strategy and equip them with capital to help realize their companys potential. [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. Fund a NeedBecome a SponsorBecome a Volunteer, Phone: (408) 297-6700Fax: (408) 261-6401 Email: info@parsequalitycenter.orgAddress: 1635 The Alameda, San Jose, CA 95126, Phone: (818) 616-3091 Fax: (818) 616-3092 Address: 4954 Van Nuys Blvd. Francis Najafi is one of Thunderbirds most notable, successful and Another 1,500 building lots are available across a sprawling sagebrush-covered hill overlooking the ski town of Park City. EXCLUSIVE: Soros, Clinton-Linked Teneo Among Donors to McCain Institute Download Full Image. It is unclear how DRT is funded and what the company does, outside of giving political contributions. Hoovestol and his wife Monica arent quite megadonors, but they have given $118,320 to Republican candidates and groups and just $1,050 to Democrats since 2002, according to data from the Center for Responsive Politics. 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. Najafi insisted the bankruptcy was not his doing. PHOENIX--(BUSINESS WIRE)--F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, was Karl Polen | Chief Investment Officer of Arizona State Retirement 41 0 obj <>stream The honorees are remarkable Americans who exemplify outstanding through which more than 12 million immigrants passed in their quest for 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. Current. ), Both releases use identical wording in several instances and note the exact same findings. 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. Flooding changed the course of the river in 1897 leaving a two-mile square piece of Iowa forever marooned in Nebraska. startxref 0000008522 00000 n Today, with its capital resources, experience and expertise, Pivotal Group is well positioned for continued success in the private equity and real estate markets. [2][3], Najafi was born in Isfahan, Iran in 1955. Over the years, its portfolio expanded to include master-planned developments and landmark properties throughout the nation. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. 0000001742 00000 n [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. He is also on the Board of Directors of the Quincy Institute, active in the Worlds Presidents Organization (WPO) and Chief Executives Organization (CEO).
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