Jobs; Sign In; Careers; By Job Titles; . 0000156916 00000 n 0000004555 00000 n And in a $244,200 contribution to Paul Ryans joint fundraising committee, BK2 Holdings is listed as a partnership that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. Obtain the property report and read it before signing anything. Page 6 of 9. 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. The Najafi Thunderbird Global Initiative is educational inclusion, innovation and impact at a worldwide scale, Khagram said. The purpose of disclosure is to allow people to know immediately upon looking at an FEC report who the contributors are. 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! 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. Developer Story - Promontory Club Park City UT endstream endobj 7 0 obj <> endobj 8 0 obj <> endobj 9 0 obj <>/ColorSpace<>/Font<>/ProcSet[/PDF/Text/ImageC]/ExtGState<>>> endobj 10 0 obj <> endobj 11 0 obj <> endobj 12 0 obj <> endobj 13 0 obj [/Indexed/DeviceRGB 250 26 0 R] endobj 14 0 obj <>stream 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. 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. Francis Najafi is an Iranian-American businessman and investor. ), 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. 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. AI Cyber Attack Prediction Platform CYR3CON Secures $8.2 Million 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. We understand that it takes vision, persistence, and humility to succeed. Pivotal Group and Trumpf Ventures lead significant investment in AI cybersecurity prediction platform . Thirty years ago, Najafi founded Pivotal Group, one of the Valley's top investment companies. The main office of represented VC is situated in the Phoenix. [4][23][24][25] Najafi and Najafi Cos. also bid to buy The Boston Globe in 2013. Pivotal Group hires managing director for private equity 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 . "There is no question in my mind that the economy will recover.". In 1982 he founded Pivotal Group, a real estate opportunity fund with uncanny market timing and wisdom. Status. 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. that attract people from around the globe. This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. F Francis Najafi - VC DATALAB - KANDO abiding respect and understanding of other cultures, high ethical Thunderbird Dean Sanjeev Khagram celebrates the launch of the 100 million learners international initiative with Francis and Dionne Najafi. Revolutionary Healthcare Staffing Platform SnapNurse Announces Im honored to be among the 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. Pivotal Group backs SnapNurse | PE Hub With $25M Gift, Thunderbird Launches Global Initiative To Educate 100 chosen a more deserving recipient of this award that celebrates F. Francis Najafi CEO Pivotal Group. Francis Najafi is owner of The Pivotal Group, a long-time Phoenix businessman and philanthropist. 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. Chief Executive Officer. Francis Najafi Phone Number Found 3 phone numbers: 602625XXXX 602-956-XXXX . 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. "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. Mr. Najafi has substantial board-level experience. [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. Melaleuca sells its products through a multi-level marketing structure. Later he broadened Pivotal Groups mandate, successfully investing in private equity and growth venture opportunities. Pivotal Group, based in Phoenix, provided SnapMedTech with a $15 million growth equity investment and a $100 million credit facility at the end of 2020. However, National Vista did something of note besides bankrolling a super PAC. Founded by F. Francis Najafi, Pivotal Group has invested in real estate assets and companies like Instastaff and Red Mountain Resort. DPUS was incorporated in Delaware in July 2012 and immediately got to work funneling money into Arizona politics, giving a total of $175,000 to a brand new super PAC called Restoring Arizonas Integrity in 2012. 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. We work across a diverse range of industries, including telecommunications, technology, media, aerospace, consumer, and business services. The McCain-Soros connection: It started after senator got caught in Habib also got another $3,900 from the Iranian American PAC. 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. Pivotal Private Equity CEO And Executives - Learn more about Pivotal Private Equity CEO Jahm Najafi and key people by exploring the management team. Work History. It is unclear how DRT is funded and what the company does, outside of giving political contributions. 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. The use of shell company contributions to super PACs is a growing trend that has captured the attention of government watchdogs. 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. organization of its kind in the U.S., presented the award. Francis Najafi - EverybodyWiki Bios & Wiki 0000181206 00000 n 0000182369 00000 n and real estate. 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. Hotel in Los Angeles, 650 California Street, a Class A commercial office [34], Najafi and his wife, Cheryl Najafi, live in Arizona with their three children. Website by Needlestack. 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. 0000001318 00000 n The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. Thank you for your continued support. (Melaleuca is a genus of trees from which tea tree oil is derived. (Photo by Wes Clowers). He founded the privately held firm 30 years ago, investing in landmark properties. And in a $244,200 contribution to Paul Ryans joint fundraising committee. . Francis Najafi - Add Relationship - LittleSis 2023 Promontory Club. Jackie Pelham Global Business Leader W. L. Gore & Associates Inc. Glenn Rufrano Community Member. diversity of the American people is what makes this nation great. Pivotal Group Portfolio Investments, Pivotal Group Funds, Pivotal Group where he earned a Bachelors Degree in Engineering in 1976. Pivotal's real. No federal or state agency has judged the merits or value, if any, of this property. July 14, 2020 10:10 AM Eastern Daylight Time. Health Care. 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. Like Education Secretary Betsy DeVos, of the Amway multi-level marketing fortune, VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. "Integrity is your word, your character and the foundation for all future endeavors. The firm recently acquired Global Capacity, the worlds An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . Read More sale of $100 million to $1 billion. 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. My wife and I think of education as part of your basic human rights. "My wife and I think of education as part of your basic human rights. If youd like to learn more or opt-out, please. Current. bG*aA wfmBB FP/v}. at The company made another contribution $10,000 to the Mitch McConnell-aligned, 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. [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! F. Francis Najafi is the American Dream come to life. We do not acquire companies from management teams; we partner with them. [2] [3] Contents 1 Early life and education 2 Career 3 Philanthropy and recognition 4 Personal life Najafi kept operations going during a yearlong bankruptcy. 0000182073 00000 n Their typical investments range from $25MM-$250MM. North of downtown, in an affluent suburb near the Biltmore Golf Club played by presidents Eisenhower, Kennedy, Johnson, Nixon, Ford and George H.W. All rights reserved. The courses, which include subjects such as global leadership, customer experience and global entrepreneurship, launch in April. The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. Over the years, its portfolio expanded to include master-planned developments and landmark properties throughout the nation. Not all so-called shell corporations are as easy to trace. Our target properties include full-service hotels and resorts; office, multifamily, and mixed-use projects; and master-planned residential communities. We have the expertise to assess complex investment opportunities. 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. 0000061404 00000 n Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. The plan is for a phased approach. ancestors. Feel free to distribute or cite this material, but please credit OpenSecrets. Their largest recipient is Rep. Steve King (R-Iowa) with $25,700 in contributions. www.vbprofiles.com is now www.topionetworks.com. Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 Tyler Rives and Francis Najafi of Pivotal . Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. Pivotal Group is the largest investor in the startup company. Bankrupt luxury community sold to same developer - Boston.com All Rights Reserved. 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. Jamshid Jahm Najafi (born March 1963)[1] is an Iranian-American billionaire[2] businessman. Sign up for our newsletter, and we promise to send you only the good stuff. 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 multimillion-dollar homes have already been built. 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 . 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 . DPUS didnt limit its political giving to federal elections. The list of its authors can be seen in its historicaland/or the page Edithistory:Francis Najafi. Healthcare staffing platform SnapNurse announces strategic investment 0000001742 00000 n Their largest recipient is, The offices are home to a number of investment and banking firms and, according to FEC filings, theyre also home to an unknown corporation called DPUS LLC that contributed $100,000 to the liberal. 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. 0000000016 00000 n Contact Tyler Rives 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. DPUS didnt limit its political giving to federal elections. Company: Industry: Round Size: Date: Investors: Location: SnapNurse. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. GTT to Acquire Global Capacity Dark Money: Coming from a shell company near you OpenSecrets - Truthout 0000181689 00000 n To access all the content for free, please sign up by entering your email. 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. Najafi worked for Salomon Brothers 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. AI-Driven Cybersecurity Prediction Company CYR3CON Closes $8.2 Million F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, is being awarded the Ellis Island Medal of Honor from the National Ethnic Coalition of Organizations. We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. Download Full Image. Crowell previously served as an advisor to CYR3CON. [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. Najafi has referred to The Central Park as his "legacy project," creating something that is unique, long-lasting, and perhaps serving as a model for . Today, with its capital resources, experience and expertise, Pivotal Group is well positioned for continued success in the private equity and real estate markets. 0000161571 00000 n 0000007266 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. GREATEST HITS, 7 McCain-Soros connection: It started after senator 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. He previously served on the . for all of its filings, including its FEC filing. Pivotal Private Equity has 2,525 employees, of which 5 are in a . "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. 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. The architecturally diverse structures would allow family members to engage in their individual pursuits and gather for joint recreation and celebration. "Having finished his undergraduate study in engineering, Francis obtained two masters degrees from the American Graduate School . Lee Iacocca, Rupert Murdoch and Barron Hilton. Photo by Samantha Chow/ASU News, Reporter , ASU News. And former NSA Deputy Director Bill Crowell will also join the board. 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. The Najafi Companies is an entrepreneurially driven private investment firm founded by Jahm Najafi in 2002. Working At Pivotal Private Equity: Employee Reviews and Culture When he needed a steadier paycheck, Karl went on to work in accounting and received his MBA at Vanderbilt. Mitchel Sayare Chairman of the Board PharmAthene, Inc. Hilla Sferruzza Hoovestol and Lucht did not respond to phone messages inquiring about DRT. This page was last edited on 17 November 2022, at 10:45. to learn more. We see every color, 20005. About QI - Quincy Institute for Responsible Statecraft A Credit Suisse spokesman didn't dispute the loss but wouldn't comment. that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. Some of these LLCs, such as DRT, LLC, are easier to track than others. 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. The honorees are remarkable Americans who exemplify outstanding Pivotal Group, Inc. | LinkedIn Francis Najafi. 0000176774 00000 n Pivotal group gave $3,800. Prominent holdings include Los Angeles' Century Plaza Hotel and the Ritz-Carlton in Phoenix. We invest in later-stage venture capital and growth equity opportunities in order to help generate notable growth over time. Island Medal of Honor is sanctioned by the U.S. Congress and entered Our most important investment criterion is an outstanding management team. Homeowners and a group of other creditors expressed confidence in Najafi's continued management and his $30 million bid, which pays off some debts, but not the Credit Suisse loan holders.
Comments are closed.