All rights reserved. Pivotal Group is the largest investor in the startup company. The Pivotal Foundation has in the last three years given $205,000 to the National Iranian-American Council (NIAC), which has been a vocal advocate for the Iranian nuclear deal the Obama . Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . [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! In 2015. reported that Francis may have used a shell company called Tread Standard LLC to transfer $150,000 to a pro-Jeb Bush super PAC. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. He previously served on the . [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. [18], In 2003, Najafi, through Najafi Cos., purchased Network Solutions from Verisign Inc. for $20 million. North of downtown, in an affluent suburb near the Biltmore Golf Club played by presidents Eisenhower, Kennedy, Johnson, Nixon, Ford and George H.W. trailer 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 . Pivotal Group is part of the Venture Capital & Private Equity industry, and located in Virginia, United States. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. Habib also got another $3,900 from the Iranian American PAC. DAN DELANEY. Prominent holdings include Los Angeles' Century Plaza Hotel and the Ritz-Carlton in Phoenix. 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. Pivotal Group, Thunderbird The School of Global Management, Intelligent Assistance and Bots Ecosystem. Drawn by the unrealized potential of well-managed, middle-market companies with unique assets, Pivotal Group entered the private equity market in 2002. We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. For more information, visit www.pivotalgroup.com. chosen a more deserving recipient of this award that celebrates By using this website you consent to the use of cookies. Sign up for our newsletter to track moneys influence on U.S. elections and public policy. 0000156916 00000 n [34], Najafi and his wife, Cheryl Najafi, live in Arizona with their three children. Want first access to OpenSecrets' investigations and data features? that attract people from around the globe. (TGen); active in the Public Affairs Alliance of Iranian Americans A member of the franchise system of BHH Affiliates, LLC. Subscribe to see more. 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. Najafi kept operations going during a yearlong bankruptcy. a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. In 1982, he founded Pivotal Group, a real estate opportunity fund. With more than 40 years of experience, Pivotal Group is an active investor across multiple asset classes, and today maintains a focus on Private Equity, Growth Equity, and Real Estate. in the midst of the heated Senate election between Democrat Kyrsten Sinema and Republican Martha McSally. 0000155666 00000 n The club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. 0000061585 00000 n 0000006605 00000 n Medal of Honor this year. Pivotal focused on the purchase of . Since 2001, we have generated a substantial economic impact to Summit County, including $2 billion in construction projects, $90 million in property tax revenue, $340,000 for affordable housing, $1.2 million in grants to local non-profits, $3 million-plus in agriculture protection fees, $84 million in employee wages plus an additional $84 Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. Like Education Secretary Betsy DeVos, of the. Global Capacity and Pivotal Group have now commenced seeking regulatory approvals and estimate the . [8][9], Najafi has also been on the boards of directors of; The Quincy Institute for Responsible Statecraft,[10] Greater Phoenix Economic Council,[11] Phoenix Art Museum,[12] and EastWest Institute. Complete the form or call 435.333.4600 to learn more about this property. where he earned a Bachelors Degree in Engineering in 1976. 2023 Promontory Club. [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. He is also a partial owner and vice chairman of the Phoenix Suns NBA team. Health Care. 41 0 obj <>stream Pivotal Group CEO F. Francis Najafi said SnapNurse has been growing thanks to its technology and its "understanding of how to make the process easier for both healthcare professionals and facilities" instead of getting bogged down with lengthy processes and credentialing paperwork. Pivotal group gave $3,800. Mr. Najafi currently serves as Chairman of the Board of Global Capacity, on the Board of Directors of the EastWest Institute, active in the World Presidents Organization (WPO) and Chief Executives Organization (CEO). His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 We understand that it takes vision, persistence, and humility to succeed. Pivotal's Francis Najafi and Tyler Rives also join SnapNurse's Board of . The bid fell through when Borders was liquidated. 0000182369 00000 n xref Park City, Utah. DRA Strategic CommunicationsDenise D. Resnik, 602-956-8834Nick 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. Phoenix philanthropists Francis and Dionne Najafi are funding an accredited online Global Management and Entrepreneurship Certificate, consisting of five world-class courses in 40 different languages, as part of the Francis and Dionne Najafi 100 Million Learners Global Initiative. Hoovestol and Lucht did not respond to phone messages inquiring about DRT. awarded the Ellis Island Medal of Honor for outstanding citizenship, 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. You have revoked consent to allow cookies. Founded by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. Later he broadened Pivotal Group's mandate successfully investing in private equity and . 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. 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. Jackie Pelham Global Business Leader W. L. Gore & Associates Inc. Glenn Rufrano Community Member. 0 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. economic prosperity and human development around the world.. Pivotal Private Equity has 2,525 employees, of which 5 are in a . It shouldnt require pulling records from other states to reveal a possible connection to another company.. [4] Upon graduation from ASU, he attended the Thunderbird School of Global Management and earned a Masters Degree in International Management in 1977. Melaleuca sells its products through a multi-level marketing structure. 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. "Integrity is your word, your character and the foundation for all future endeavors. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. Download Full Image. country, Francis outstanding career is matched only by his sincere In 1982, he founded Pivotal Group, a real estate opportunity fund. 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. 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. Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . But they don't appear to be on the same page politically. Suite 201, Sherman Oaks, CA 91403. So-called dark money contributions come from a diverse cross-section of the American landscape. Sign up for our newsletter, and we promise to send you only the good stuff. A Melaleuca representative expressed an interest in making a comment but did not do so by press time on Tuesday. Founder and Chief Executive Officer could not find your e-mail or password. The use of shell company contributions to super PACs is a growing trend that has captured the attention of government watchdogs. In 2015, Huffington Post reported that Francis may have used a shell company called Tread Standard LLC to transfer $150,000 to a pro-Jeb Bush super PAC. (PAAIA), a leading Iranian philanthropic institution; and governor of "Having finished his undergraduate study in engineering, Francis obtained two masters degrees from the American Graduate School . HSn@}G)_!UQ0B`%NpNZWb93350.HB$]>f8F^z^Sk6(`Sr\\L\G ZpL,Gqi 8758 N Promontory Ranch Rd Jamshid Jahm Najafi (born March 1963)[1] is an Iranian-American billionaire[2] businessman. 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 Mitchel Sayare Chairman of the Board PharmAthene, Inc. Hilla Sferruzza We are grateful for their commitment to a borderless expansion of the opportunities that come with higher education.. Popular Searches Pivotal Group Inc The Pivotal Group LLC Phoenix, AZ 85018. 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. At its inception, the firm capitalized on profitable market niches by acquiring, developing and managing investment grade commercial real estate properties in the Southwest. Photo by Samantha Chow/ASU News, Reporter , ASU News. leading telecommunications information and logistics company, and has ", "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. To explore Pivotal Group's full profile, request access. "There is no question in my mind that the economy will recover.". Instastaff is a startup business that provides staffing to business customers seeking shift employees. All rights reserved. Together, we anticipate growth and success for our customers, employees, and partners." "With this agreement, we are combining two highly complementary organizations with closely aligned core values and operating strategies," stated F. Francis Najafi, founder and CEO of Pivotal Group, owner of Global Capacity. . He has been a longtime investor in the Phoenix Suns and Mercury, and recently announced that he was maintaining his family's minority. We work across a diverse range of industries, including telecommunications, technology, media, aerospace, consumer, and business services. The certificate will be covered by full scholarships, thus at no cost to learners. Pivotal Group is a leading investment company focused on private equity VanderSloot was, national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. Our most important investment criterion is an outstanding management team. services. ), Both releases use identical wording in several instances and note the exact same findings. 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. 0000176450 00000 n Copyright 2009 Associated Press. Pivotal Private Equity CEO And Executives - Learn more about Pivotal Private Equity CEO Jahm Najafi and key people by exploring the management team. 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.. Francis Najafi (Pivotal Group), Dionne Najafi, Leila Ghaffani, Shaygan Kheredpir and and Abdi Soltani (ACLU - American Civil Liberties Union of Northern California) pose for a photograph at the PARS Equality Center 4th Annual Nowruz Gala at Marriott Waterfront Burlingame Hotel on March 8, 2014 in Burlingame, California. 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. Group is a diversified investment company primarily focused on private . 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. The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. Mr. Najafi serves as a Board Member of several private companies. Global management certificate to be available at no cost, in 40 languages. 0000005917 00000 n organization of its kind in the U.S., presented the award. F HmQ:!3%=9 Pivotal Group is a Phoenix, Arizona basedprivate equity financing firm. Francis Najafi. Our target properties include full-service hotels and resorts; office, multifamily, and mixed-use projects; and master-planned residential communities. linking national brand cleaning products such as Clorox and Lysol to lung damage. Pictured is a section of the Boise, Idaho skyline. He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. 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. 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. Subscribe to see more. , many of which use the same Iowa address. The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. . [4][23][24][25] Najafi and Najafi Cos. also bid to buy The Boston Globe in 2013. 0000003204 00000 n In addition to his professional success, this father of . 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. Najafi holds an "We have been impressed with the artistic excellence, the strong leadership, and the financial stability of Ballet Arizona over the years," said Francis Najafi, Founder and CEO of Pivotal. The McCain group has also accepted at least $100,000 from the Pivotal Foundation, which was created by Francis Najafi who owns the Pivotal Group, a private equity and real estate firm. "F. Francis Najafi Founder and CEO Pivotal Group", "Suns Sale Closes Today:Sarver Becomes Main Owner", "With $25M gift, ASU's Thunderbird School of Global Management aims to educate 100 million worldwide by 2030", "Investor report 20042005 - Arizona Memory Project", "Board of Directors Nonprofit Leadership - The O'Connor Institute", "Landmark Hotel in Los Angeles Sold to Private Real-Estate Group", "Francis Najafi, Author at Quincy Institute for Responsible Statecraft", "GPEC welcomes new board of directors members 2018-19", "Phoenix Art Museum begins year-long celebration of its 60th anniversary with "The pARTy in the Garden" gala and late-night Museum-gala experience "The afterpARTy," celebrating Museum's rich history of providing access to the arts", "Current Supporters | EastWest Institute", "CyBERsECURITy: FORGING SOLUTIONS - EastWest Institute", "F. Francis and Dionne Najafi of Pivotal Foundation Award Ballet Arizona $500,000 in Multi-Year Gift - Health & Living Magazine", "PIVOTAL FOUNDATION - ArizonaCorporates Company Profiles of Arizona", "Philanthropist Francis Najafi Gives $1M to PARSA Community Foundation", "Mark Zuckerberg and Priscilla Chan Are Giving $50 Million to U. of Hawaii", "Najafi receives Ellis Island Medal of Honor", "Five Iranian Americans to Receive Ellis Island Medal of Honor Award", "The Valley's Most Powerful Men2012 - Page 11", "Francis and Dionne Najafi Donate $25 Million to ASU's Thunderbird School of Global Management", article "Francis Najafi" is from Wikipedia, https://en.everybodywiki.com/index.php?title=Francis_Najafi&oldid=3075039, Thunderbird School of Global Management alumni, University of South Carolina Beaufort alumni, Thunderbird School of International Management. If youd like to learn more or opt-out, please. bG*aA wfmBB FP/v}. 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. 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. Top image: Thunderbird School of Global Management headquarters in downtown Phoenix. 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. The PAC received its largest donation of $20,000 from Francis Najafi, founder and CEO of the investment firm Pivotal Group. 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. Francis Najafi. [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. Pivotal Group Inc. completes a joint venture acquisition of 21 communities in Texas; NewGate Capital introduces a new fund aimed at the redevelopment of mixed-use projects in Central Florida; and . At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. , which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. Eventually, the initiative will be available for learners worldwide, reaching the goal of 100 million learners. We seek to identify new strategic investments in established companies to create significant value over time. diversity of the American people is what makes this nation great. startxref Script error: No such module "AfC topic". Pivotal Group appeared to be the VC, which was created in 1982. public service activities offered by the Urban Land Institute. Feel free to distribute or cite this material, but please credit OpenSecrets. 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. Thunderbird has touched more than 2 million learners in its 75-year history, said Thunderbird Director General and Dean Sanjeev Khagram. 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. [5], In May 2011, Najafi received the Ellis Island Medal of Honor for outstanding citizenship, individual achievement, and encouragement of cultural unity. . But it doesnt make the money any less dark, as there is no way to know the real source of the funds. Francis Najafi is a '77 alum of Thunderbird, and his wife, Dionne, is an '06 alum. continued economic prosperity and world leadership, said Mr. Najafi. He runs Najafi Companies, a Phoenix-based private-equity firm, and is partial owner of the Phoenix Suns NBA team. Request a free trial. at 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. 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. 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 . 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. 0000181689 00000 n 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. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities.
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