0000000016 00000 n 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. Pivotal Group leads significant growth equity investment in SnapNurse, an on-demand healthcare staffing platform . Eventually, the initiative will be available for learners worldwide, reaching the goal of 100 million learners. 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. Francis is much more prolific and conservative. At USC, he began his entrepreneurial activities while a PhD candidate in International Political Economy. Melaleuca is run by billionaire GOP megadonor Frank VanderSloot, who is reported to be the richest person in Idaho at an estimated net worth of $3.4 billion, according to Forbes. "It was a most unusual agreement," said Richard Aaron, a retired University of Utah bankruptcy-law professor and Promontory's auctioneer. 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. Except for the Revolving Door section, content on this site is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License by OpenSecrets.org. Today, with its capital resources, experience and expertise, Pivotal Group is well positioned for continued success in the private equity and real estate markets. Restoring Arizonas Integrity made all of its independent expenditures $59,796 in the. 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. "There is no question in my mind that the economy will recover.". [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. 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 The certificate will be covered by full scholarships, thus at no cost to learners. "My wife and I think of education as part of your basic human rights. Pivotal Private Equity Company Rankings This approach allows us to profit from the cyclical nature of the real estate market. 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. 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. The Najafi Companies is an entrepreneurially driven private investment firm founded by Jahm Najafi in 2002. 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. Mr. Najafi is one of six Iranian-Americans to receive the Ellis Island Melaleuca sells its products through a multi-level marketing structure. , many of which use the same Iowa address. [4] Upon graduation from ASU, he attended the Thunderbird School of Global Management and earned a Masters Degree in International Management in 1977. We look forward to providing you with even more cutting-edge market research, as Topio Networks. DRA Strategic CommunicationsDenise D. Resnik, 602-956-8834Nick 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. 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. Justin Lanne and Sandy Alter of Grubb and Ellis represented the sellers . The company made another contribution $10,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) two weeks before election day. Sign up for our newsletter to track moneys influence on U.S. elections and public policy. After majority owner Robert Sarver was suspended from team operations for one year that stated Sarver engaged in conduct that clearly violated common workplace standards included the use of racially insensitive language; unequal treatment of female employees; sex-related statements and conduct; and harsh treatment of employees that on occasion constituted bullying Najafi called on Sarver to resign. We seek to identify new strategic investments in established companies to create significant value over time. [2] [3] Contents 1 Early life and education 2 Career 3 Philanthropy and recognition 4 Personal life Feel free to distribute or cite this material, but please credit OpenSecrets. Use the CB Insights Platform to explore Pivotal Group's full profile. He has made such an amount from his various business. For more information, visit www.pivotalgroup.com. There is a large body of people around the world who have no access to education, Francis Najafi said. "He feels a sense of obligation to the community and a desire to protect the reputation of a development he's so closely associated with," said David Jordan, one of the lawyers for the Pivotal Group subsidiaries that operate Promontory. 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. 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. It also doesnt mind giving identical contributions to the same group in multiple increments, as various branches of the company gave a total of four $250,000 contributions to anti-Obama super PAC Restore Our Future in 2011. 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. Our goal is to enable A+ teams to reach their peaks and achieve greatness. 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. Not all so-called shell corporations are as easy to trace. 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. The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. 0000001495 00000 n - F. Francis Najafi, CEO of Pivotal Group. A truck leasing company in a small Iowa town is one of several companies linked to nondisclosed dark money contributions during the 2018 election cycle. . a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. economic prosperity and human development around the world.. NECO was created in 1984 on the conviction of its founders that the The business wasted little time jumping into politics, giving $400,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) on Oct. 17, 2018. Pivotal Group and Trumpf Ventures lead significant investment in AI cybersecurity prediction platform . Pivotal's Private Equity practice, which is traditionally oriented around full buyouts. "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. 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. 8758 N Promontory Ranch Rd 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. In 2007, it sold Network Solutions to General Atlantic for $800 million. We work across a diverse range of industries, including telecommunications, technology, media, aerospace, consumer, and business services. 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. %%EOF leading telecommunications information and logistics company, and has through which more than 12 million immigrants passed in their quest for The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. He is also a graduate of Thunderbird School of Global Management ('77) as is his wife. All Rights Reserved. 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. , and they look to take control positions in companies. [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. Help provided: Students staff ASU's Counselor Training Center, Leaders on how ASU masters degree in nonprofit management prepared them for successful careers, 14-year-old ASU Online student hoping to engage, empower the next generation, Biden cybersecurity strategy a positive step, ASU expert says, Morrison Institute contributing to the 'future of democracy,' Crow says, Melikian Center receives federal funding to expand global study opportunities, Francis and Dionne Najafi 100 Million Learners Global Initiative, Sun Devil WBB opens Pac-12 play on Friday vs. No. OpenSecrets Following the money in politics. . continuing to preserve the distinct values and rich heritage of their 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. He was named to the Phoenix Business Journal's Forty under 40 list in 2001. startxref Subscribe to see more. 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. The plan is for a phased approach. Visit www.NECO.org 0000006605 00000 n Based on our data team's research, Jahm Najafi is the Pivotal Private Equity's CEO. 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. 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. The United States is a country of immigrants, each group of people Francis Najafi is one of Thunderbirds most notable, successful and He is also a partial owner and vice chairman of the Phoenix Suns NBA team. Michael Olsen Chief Financial Officer Globe Corp. Brad Parker Executive Vice President, West Region PNC Bank. 0000007266 00000 n For the first time since December 30, the Sun Devil women's basketball team (8-5, 0-0 Pac-12) will return to action on Friday (5 p.m. MST) when it hosts No. individual achievement and encouragement of cultural unity at an awards Washington, world. freedom of speech, religion and economic opportunity. This article "Francis Najafi" is from Wikipedia. Tyler Rives and Francis Najafi of Pivotal . Mr. Najafis interest and commitment to community service spans the But they dont appear to be on the same page politically. his commitment to the ideals for which Thunderbird stands and his Pivotal Private Equity has 2,525 employees, of which 5 are in a . 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 as of 2018 including Apple, WalMart and Coca-Cola. . Democratic primary to oppose Andrei Cherny, who would go on to lose to Sinema during her first successful bid for the House. 0000175548 00000 n By the fourth year or earlier, the program will have expanded to Europe and Central Asia with 40 total languages. commitment to serving his community, both locally and internationally., The cultural diversity of our great nation is essential for Americas Page 6 of 9. 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. [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. Thunderbird Dean Sanjeev Khagram celebrates the launch of the 100 million learners international initiative with Francis and Dionne Najafi. [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. Mr. Popular Searches Pivotal Group Inc The Pivotal Group LLC Hotel in Los Angeles, 650 California Street, a Class A commercial office 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. 0000181206 00000 n Pivotal Group is a diversified investment company primarily focused on private equity and real estate. "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. Najafi said he believes sales will pick up in a year or two, making Promontory viable again. In 1986, he received a master's degree in business economics from Harvard University. [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. Founded by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. 0000007915 00000 n recipients who represent all sectors and cultures in our society.. Subscribe to see more. 0000003204 00000 n No credit card required. Global management certificate to be available at no cost, in 40 languages. The group aired multiple television ads to attack Cherny, him a Washington, D.C. insider in another. 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. In 2014, DPUS gave another $55,000 to the super PAC, which swiftly transferred $50,000 to the Democratic Governors Association in the midst of the Arizona gubernatorial election between Doug Ducey and Fred DuVal. could not find your e-mail or password. The National Ethnic Coalition of Organizations could not have Key Quotes: unwavering efforts to advance global business and global citizenship, NAJAFI, FRANCIS PHOENIX, AZ 85018: Pivotal Group/Pivotal Group/Ceo: $2,800: 11/08/2019: P: DEBBIE LESKO FOR CONGRESS - Republican: NAJAFI, FRANCIS PHOENIX . continued economic prosperity and world leadership, said Mr. Najafi. 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, Najafi and his brother Francis Najafi founder of 30-year-old Phoenix investment firm Pivotal Group are. Promontory is a Pivotal Group Community. <<7E07F676488E4E4DB696AADCB8495A3F>]>> Health Care. xref Our most important investment criterion is an outstanding management team. 0000005917 00000 n xb``Pd``qe```:01G"300284; SsjB'89\{ )Nwnsn(ijtd`;4lF@Nb+ fe`, r where he earned a Bachelors Degree in Engineering in 1976. , which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. In court on Friday, Credit Suisse didn't support or oppose Najafi's bid, surrendering the battle. 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. A similar address isnt the only piece of circumstantial evidence that appears to link Najafi to the apparent shell company. [3], Najafi has a bachelor's degree in economics from the University of California, Berkeley. Read More sale of $100 million to $1 billion. "Integrity is your word, your character and the foundation for all future endeavors. We have the expertise to assess complex investment opportunities. Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal communities such as Promontory, an award-wining second-home community in PHOENIX--(BUSINESS WIRE)--F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, was Contact Tyler Rives Najafi holds an Mr. Najafi started a family of privately held firms 30 (Photo by Wes Clowers). 0000176450 00000 n Later he broadened Pivotal Groups mandate, successfully investing in private equity and growth venture opportunities. F. Francis Najafi CEO Pivotal Group. You have revoked consent to allow cookies. 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. As one of the leading Iranian-American entrepreneurs in the Some of these LLCs, such as DRT, LLC, are easier to track than others. Crowell previously served as an advisor to CYR3CON. into the Congressional Record. 0000161571 00000 n Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. Subscribe to see more. Chief Executive Officer @ Pivotal Group Preparing Francis profile View Francis's Email & Phone (It's Free) 5 free lookups per month. In 1982 he founded Pivotal Group, a real estate opportunity fund with uncanny market timing and wisdom. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. Website by Needlestack. A group of creditors who forced the bankruptcy said he stopped paying loans in December 2007. The Ellis Island Medals of Honor pay tribute to the ancestry groups that Pivotal (Francis Najafi/Tyler Rives) The Najafi Companies (Jahm Najafi) . 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. that attract people from around the globe. It mightve come from the company, the companys owner, or it mightve come from another individual altogether. Same platform but with new and improved features. Not all apparent shell companies are necessarily dark money. And former NSA Deputy Director Bill Crowell will also join the board. Whether youre reading about 2022 midterm fundraising, conflicts of interest or dark money influence, we produce this content with a small, but dedicated team. He came to America from Iran to get an education and earned four degrees from three universities. The National Ethnic Coalition of Organizations (NECO), the largest 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 Francis Najafi is owner of The Pivotal Group, a long-time Phoenix businessman and philanthropist. trailer The Promontory vision guided the creation of the development of unique club structures harmonious with the land. Over the years, its portfolio expanded to include master-planned developments and landmark properties throughout the nation. Thirty years ago, Najafi founded Pivotal Group, one of the Valley's top investment companies. 20005. [4][23][24][25] Najafi and Najafi Cos. also bid to buy The Boston Globe in 2013. F. Francis Najafi is founder and CEO of Pivotal Group, a leading investment company focused on private equity and real estate. Current. in the midst of the Arizona gubernatorial election between Doug Ducey and Fred DuVal. (Photo by Joe Jaszewski for The Washington Post via Getty Images). They gave just $20,400 to Republicans during that time. [26] The company invested approximately $200 million to Jeff Berg's talent agency, Resolution, after Najafi negotiated the deal in 2013. Park City, UT 84098. 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 Top image: Thunderbird School of Global Management headquarters in downtown Phoenix. 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. . the ULI Foundation, which generates funding for research, education and Obtain the property report and read it before signing anything. He is a board member of EastWest Institute, a global think-and-do 0000003867 00000 n Mr. Najafi completed his B.S. Their largest recipient is Rep. Steve King (R-Iowa) with $25,700 in contributions. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. a symbol of freedom and tolerance around the world, said Senator John
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