GTT to Acquire Global Capacity 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. to learn more. Democratic primary to oppose Andrei Cherny, who would go on to lose to Sinema during her first successful bid for the House. Island Medal of Honor is sanctioned by the U.S. Congress and entered 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 member of the franchise system of BHH Affiliates, LLC. . Whether youre reading about 2022 midterm fundraising, conflicts of interest or dark money influence, we produce this content with a small, but dedicated team. Ballet Arizona gets $500,000 grant from Pivotal Group Our target properties include full-service hotels and resorts; office, multifamily, and mixed-use projects; and master-planned residential communities. Francis is much more prolific and conservative. 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. Mitchel Sayare Chairman of the Board PharmAthene, Inc. Hilla Sferruzza Pivotal Group is part of the Venture Capital & Private Equity industry, and located in Virginia, United States. This award embodies the ideals of freedom, tolerance and acceptance For example, BK2 Holdings, a Princeton Junction, New Jersey-based company that gave $500,000 to SLF in 2017, is clearly linked to billionaire GOP donor Bruce Kovner in several ways. The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. 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. 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. 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. Prominent holdings include Los Angeles' Century Plaza Hotel and the Ritz-Carlton in Phoenix. Status. Instastaff is a startup business that provides staffing to business customers seeking shift employees. About QI - Quincy Institute for Responsible Statecraft [26] The company invested approximately $200 million to Jeff Berg's talent agency, Resolution, after Najafi negotiated the deal in 2013. "There is no question in my mind that the economy will recover.". communities such as Promontory, an award-wining second-home community in 41 0 obj <>stream Sign up for our newsletter, and we promise to send you only the good stuff. 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. 0 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. This page was last edited on 17 November 2022, at 10:45. 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). Park City, UT 84098. trailer The company makes investments in companies with transaction value up to $1 billion and holds investments from five to ten years. 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. The National Ethnic Coalition of Organizations could not have The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. Dallas-based Highland Capital Management, a hedge fund that owns about 40 percent of the loans, didn't return calls from The Associated Press. Francis Najafi. 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. After Sinema won the primary, the super PAC transferred $100,000 to. 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. 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 . Francis Najafi email address & phone number | Pivotal Group Chief The plan is for a phased approach. Download Full Image. With $25M Reward, Thunderbird Launches International Initiative To 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. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. He is a board member of EastWest Institute, a global think-and-do Editors note:This story is featured in the2022 year in review. SnapNurse platform gets $15 million investment, $100 million credit (Photo by Wes Clowers). that attract people from around the globe. In 2014, DPUS gave another $55,000 to the super PAC, which swiftly. 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. DPUS didnt limit its political giving to federal elections. Francis Najafi. www.vbprofiles.com is now www.topionetworks.com. Arizona State Universitys Thunderbird School of Global Managementannounced plans today to educate 100 million learners by 2030, thanks to a historic $25 million donation. At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. The company asserts that its products are healthier and more environmentally-friendly than national brands. Professional Services . With our medalists, we see America at its best. Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal Dean's Council members - W. P. Carey School of Business Pivotal Group leads significant growth equity investment in SnapNurse, an on-demand healthcare staffing platform . I learned my basic management skills and leadership here at Thunderbird, where I also learned that you can work through your cultural and social differences. The Ellis Island Medals of Honor pay tribute to the ancestry groups that Francis Najafi has been working as a Chief Executive Officer at Pivotal Group for 18 years. Thank you for accessing our content on the Topio Networks Market Intelligence Center. Francis is much more prolific and conservative. Your comment is A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 ceremony this past weekend in the historic Great Hall on Ellis Island. (PAAIA), a leading Iranian philanthropic institution; and governor of Their typical investments range from $25MM-$250MM. Based on our data team's research, Jahm Najafi is the Pivotal Private Equity's CEO. Leadership - Sandra Day O'Connor Institute public service activities offered by the Urban Land Institute. 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. 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. 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. F. Francis Najafi CEO Pivotal Group. [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. 0000161708 00000 n 0000156916 00000 n 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. [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. The group aired multiple television ads to attack Cherny, comparing him to Newt Gingrich in one ad and labeling him a Washington, D.C. insider in another. Title. 0000003867 00000 n Script error: No such module "Draft topics". Michael Olsen Chief Financial Officer Globe Corp. Brad Parker Executive Vice President, West Region PNC Bank. 0000007266 00000 n Tyler Rives and Francis Najafi of Pivotal . 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. Revolutionary Healthcare Staffing Platform SnapNurse Announces F. Francis Najafi is the American Dream come to life. xref By the second year, the program will be expanded across Africa, the Middle East, Asia and Latin America to at least 25 languages. Written by Melissa Larsen. where he earned a Bachelors Degree in Engineering in 1976. Our goal is to enable A+ teams to reach their peaks and achieve greatness. Najafi Companies did not respond to a request for comment on any potential connection with DPUS. His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. We understand that it takes vision, persistence, and humility to succeed. Former recipients include business icons , 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. This unrestricted gift will support the production and operating costs that Ballet Arizona incurs to produce its six mainstage performances over the . Pivotal Group is a leading investment company focused on private equity Healthcare staffing platform SnapNurse announces strategic investment 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. [28][29][30][31], In 2017, Najafi bid for ownership of Time Inc. through his company, Najafi Cos. Time is the owner of publications including Sports Illustrated, Fortune and People. Jahm Najafi and his wife Cheryl have given $186,890 to Democratic groups and candidates since 1992, including $5,400 to Sinema in 2018. 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 . Copyright 2021 Pars Equality Center. "I have a tremendous amount of respect for Francis Najafi (Pivotal's founder and CEO) and the team he has built at Pivotal, where I will have the opportunity to lead the private equity. Najafi said he'll have to spend about $70 million before Promontory recovers. Visit www.NECO.org He founded the privately held firm 30 years ago, investing in landmark properties. Read More sale of $100 million to $1 billion. But they don't appear to be on the same page politically. For more information, visit. F. Francis Najafi, CEO of Pivotal Group, will join CYR3CON's Board of Directors which currently includes CEO Paulo Shakarian, CTO Jana Shakarian, and Dieter Kraft of Trumpf Ventures. Founder and Chief Executive Officer Shervin Pishevar Awards Cyrus Prize to Dropbox Co-Founder at - Payvand 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. Francis Najafi Board Member Mr. Najafi is the founder and Chief Executive Officer of Pivotal Group, a forty-year-old firm that actively invests in private equity and real estate. It makes investments with internal capital rather than raising funds from institutional investors, as is the industry norm. that is America, said Nasser J. Kazeminy, Chairman of NECO. Mr. Najafi is also a patron on numerous cultural and civic organizations. Pivotal Group backs SnapNurse | PE Hub To explore Pivotal Group's full profile, request access. adding to the rich diversity and cultural hodgepodge that makes America through which more than 12 million immigrants passed in their quest for Pivotal's real. 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. Francis Najafi - Add Relationship - LittleSis 0000004555 00000 n [4][23][24][25] Najafi and Najafi Cos. also bid to buy The Boston Globe in 2013. Mr. Najafi completed his B.S. 1209107 | TMA - Turnaround DPUS didnt limit its political giving to federal elections. PDF F. Francis Najafi Founder and CEO Pivotal Group - Urban Land Institute The Promontory vision guided the creation of the development of unique club structures harmonious with the land. He is also a partial owner and vice chairman of the Phoenix Suns NBA team. 0000001016 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! 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. The developer is Valley resident F. Francis Najafi, founder and CEO of The Pivotal Group. Feel free to distribute or cite this material, but please credit OpenSecrets. 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. Pivotal Group is a Phoenix, Arizona basedprivate equity financing firm. F. Francis Najafi - ceo - pivotal group | LinkedIn 0000001908 00000 n The Valley's Most Powerful Men2011 - Page 6 - AZFoothills.com 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. Key Quotes: 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. 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. As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. property in San Francisco, the Phoenix Ritz-Carlton; and developing Francis Najafi - Chief Executive Officer - Pivotal Group | ZoomInfo Subscribe to see more. 0000008522 00000 n Later he broadened Pivotal Group's mandate, successfully investing in private equity and growth venture opportunities. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . 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 . 0000005917 00000 n NAJAFI, FRANCIS PHOENIX, AZ 85018: Pivotal Group/Pivotal Group/Ceo: $2,800: 11/08/2019: P: DEBBIE LESKO FOR CONGRESS - Republican: NAJAFI, FRANCIS PHOENIX . Learn about Article Alert. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. In 2007, it sold Network Solutions to General Atlantic for $800 million. Equal Housing Opportunity. The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. [34], Najafi and his wife, Cheryl Najafi, live in Arizona with their three children. [14][15] While Sarver served his season-long suspension in September 2022, Najafi was considered a candidate to take on the role of interim team governor for the Suns before the position was ultimately given to Sam Garvin. As an immigrant some five decades ago, I learned the value of education. 0000001742 00000 n 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 "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. We assist management with strategy and equip them with capital to help realize their companys potential. SnapNurse 75,000% Growth in Medical Staffing - Startupsavant.com Justin Lanne and Sandy Alter of Grubb and Ellis represented the sellers . This material may not be published, broadcast, rewritten, or redistributed. 0000002534 00000 n Not all apparent shell companies are necessarily dark money. 0000006605 00000 n The purpose of disclosure is to allow people to know immediately upon looking at an FEC report who the contributors are. chosen a more deserving recipient of this award that celebrates 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 VanderSloot was, national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. "My wife and I think of education as part of your basic human rights. The National Ethnic Coalition of Organizations (NECO), the largest 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. Hakuziyaremye said Africans across the continent will be able to access a world-class global education. Picture courtesy of Thunderbird College of International Administration at ASU. Popular Searches Pivotal Group Inc The Pivotal Group LLC $25 million gift to expand Arizona State's Global Management school 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. Bush sits a large, reflective office building in an upscale shopping center at 2525 E Camelback Road. But they dont appear to be on the same page politically. Photo by Samantha Chow/ASU News, Reporter , ASU News. The PAC received its largest donation of $20,000 from Francis Najafi, founder and CEO of the investment firm Pivotal Group. Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. Jahm Najafi Wiki, Biography, Age, Family, Height, Net Worth, Fast Facts Learn more about theFrancis and Dionne Najafi 100 Million Learners Global Initiative. Sorry, we Mr. Najafis interest and commitment to community service spans the Chief Executive Officer. ), Both releases use identical wording in several instances and note the exact same findings. continuing to preserve the distinct values and rich heritage of their Karl Polen | Chief Investment Officer of Arizona State Retirement 0000001241 00000 n Pivotal Group 6 Investments, 2 Exits, 5 Portfolio companies Unicorn 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 Najafi Thunderbird Global Initiative is educational inclusion, innovation and impact at a worldwide scale, Khagram said. in the midst of the Arizona gubernatorial election between Doug Ducey and Fred DuVal. 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. Same platform but with new and improved features. Francis Najafi - EverybodyWiki Bios & Wiki [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! ), 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. 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. "It was a most unusual agreement," said Richard Aaron, a retired University of Utah bankruptcy-law professor and Promontory's auctioneer. We do not acquire companies from management teams; we partner with them. Pivotal Group - Crunchbase Investor Profile & Investments Pivotal Group appeared to be the VC, which was created in 1982. Pivotal concentrated on buying commercial properties such as 650 California Street in San Francisco, The . [7], Najafi founded Pivotal Group in 1982. The funders behind National Vista did a good job concealing their identities, using the address of the companys registered agent Morris Bower & Haws for all of its filings, including its FEC filing.