Health Care. 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. Later he broadened Pivotal Group's mandate successfully investing in private equity and . Pivotal concentrated on buying commercial properties such as 650 California Street in San Francisco, The . He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. The federal-level Iranian American PAC has received $15,000 from Francis Najafi, while the groups state-level 527 arm took a $5,000 contribution from DPUS in the 2016 election cycle and another $2,500 from the Jahm Najafi-owned Phoenix Suns in the 2018 cycle. EXCLUSIVE: Soros, Clinton-Linked Teneo Among Donors to McCain Institute Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . 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. Opposing bids came from former Warner Music Group executive Edgar Bronfman Jr., Iowa-based company Meredith Corporation, and private equity firm Pamplona Capital Management. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 Our most important investment criterion is an outstanding management team. We assist management with strategy and equip them with capital to help realize their companys potential. 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. Suite 295 Copyright 2009 Associated Press. 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 . [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. 0000004555 00000 n He founded the privately held firm 30 years ago, investing in landmark properties. committed graduates, not only in his professional career, but also for The PAC received its largest donation of $20,000 from Francis Najafi, founder and CEO of the investment firm Pivotal Group. 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. Francis Najafi is founder of Pivotal. Jahm Najafi Net Worth: How Rich is the Businessman Actually? Instastaff is a startup business that provides staffing to business customers seeking shift employees. If youd like to learn more or opt-out, please. After Sinema won the primary, the super PAC transferred $100,000 to. 0000061404 00000 n An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . Jahm Najafi Bio, Parents, Wife, Children, Siblings, Net Worth This material may not be published, broadcast, rewritten, or redistributed. Eventually, the initiative will be available for learners worldwide, reaching the goal of 100 million learners. Hakuziyaremye said Africans across the continent will be able to access a world-class global education. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. [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. Subscribe to see more. (Melaleuca is a genus of trees from which tea tree oil is derived. Pivotal Group Portfolio Investments, Pivotal Group Funds, Pivotal Group 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. That is so unique to Thunderbird.. Jahm Najafi: Wiki, Bio, Age, Height, Wife, Family, Net Worth, House Disclosure of who is spending money in elections is a vital component of our campaign finance system, but transparency is undermined when a wealthy donor launders their contribution through a shell company, said Brendan Fischer, director of federal reform at the nonpartisan Campaign Legal Center. 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. He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. Mr. Najafi serves as a Board Member of several private companies. 0000063403 00000 n Jackie Pelham Global Business Leader W. L. Gore & Associates Inc. Glenn Rufrano Community Member. July 14, 2020 10:10 AM Eastern Daylight Time. The main office of represented VC is situated in the Phoenix. Francis Najafi. realestate@pivotalgroup.com, 3200 East Camelback Road 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. The United States is a country of immigrants, each group of people And in a $244,200 contribution to Paul Ryans joint fundraising committee. At its inception, the firm capitalized on profitable market niches by acquiring, developing and managing investment grade commercial real estate properties in the Southwest. Michael Olsen Chief Financial Officer Globe Corp. Brad Parker Executive Vice President, West Region PNC Bank. 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. Status. Pivotal Group is a leading investment and development company with primary concentration on all real estate asset classes. 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. 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. communities such as Promontory, an award-wining second-home community in Founded by F. Francis Najafi, Pivotal Group has invested in real estate assets and companies like Instastaff and Red Mountain Resort. 0000001016 00000 n Script error: No such module "Draft topics". [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. Professional Services . . Thunderbird has touched more than 2 million learners in its 75-year history, said Thunderbird Director General and Dean Sanjeev Khagram. We want to make sure you get the most out of our platform. He has made such an amount from his various business. Use the CB Insights Platform to explore Pivotal Group's full profile. Leadership - Sandra Day O'Connor Institute 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. 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. 0000176062 00000 n every race from so many walks of life, together, celebrating the magic The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. 0000155666 00000 n Najafi said he believes sales will pick up in a year or two, making Promontory viable again. 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). , VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. Francis is much more prolific and conservative. Hotel in Los Angeles, 650 California Street, a Class A commercial office Democratic primary to oppose Andrei Cherny, who would go on to lose to Sinema during her first successful bid for the House. 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. [5], In May 2011, Najafi received the Ellis Island Medal of Honor for outstanding citizenship, individual achievement, and encouragement of cultural unity. He is also a partial owner and vice chairman of the Phoenix Suns NBA team. 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. 0000156916 00000 n F. Francis Najafi CEO Pivotal Group. He came to America from Iran to get an education and earned four degrees from three universities. in the midst of the Arizona gubernatorial election between Doug Ducey and Fred DuVal. Mr. Najafis interest and commitment to community service spans the To explore Pivotal Group's full profile, request access. Arizona State University Announces Effort To Educate 100 - Forbes Obtain the property report and read it before signing anything. <<7E07F676488E4E4DB696AADCB8495A3F>]>> Editors note:This story is featured in the2022 year in review. 0000156504 00000 n F Francis Najafi - VC DATALAB - KANDO Francis Najafi, 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 . Pivotal Group, Thunderbird The School of Global Management, Intelligent Assistance and Bots Ecosystem. This award embodies the ideals of freedom, tolerance and acceptance As an immigrant some five decades ago, I learned the value of education. [7], Najafi founded Pivotal Group in 1982. The purpose of disclosure is to allow people to know immediately upon looking at an FEC report who the contributors are. (TGen); active in the Public Affairs Alliance of Iranian Americans 0000003156 00000 n Subscribe to see more. 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. Healthcare staffing platform SnapNurse announces strategic investment Not all apparent shell companies are necessarily dark money. 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. Pivotal Group hires managing director for private equity 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. adding to the rich diversity and cultural hodgepodge that makes America [10], Najafi Companies (Najafi Cos.), a private-equity firm, was established in 2002. No credit card required. | PRIVACY POLICY | REVOKE COOKIE CONSENT. Francis Najafi - PARS Equality Center immigrants significant contribution to this country than Francis , which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. The fact that Najafi was able to buy his own project back so cheaply is a reflection of the turbulence in credit markets. 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. 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 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. "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. The sale was approved by U.S. Bankruptcy Judge Judith Boulden. Pivotal Group backs SnapNurse | PE Hub We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. services. Pivotal Group 6 Investments, 2 Exits, 5 Portfolio companies Unicorn Francis Najafi is a '77 alum of Thunderbird, and his wife, Dionne, is an '06 alum. comprise Americas unique cultural mosaic. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. Pivotal's Francis Najafi and Tyler Rives also join SnapNurse's Board of . 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. However, National Vista did something of note besides bankrolling a super PAC. Thunderbird Dean Sanjeev Khagram celebrates the launch of the 100 million learners international initiative with Francis and Dionne Najafi. Francis Najafi. The Ellis Island Medals of Honor pay tribute to the ancestry groups that Pivotal Group Company Profile | Management and Employees List Jahm Najafi is an Iranian-American businessman who runs a private-equity firm, Najafi Companies. [34], Najafi and his wife, Cheryl Najafi, live in Arizona with their three children. No federal or state agency has judged the merits or value, if any, of this property. It mightve come from the company, the companys owner, or it mightve come from another individual altogether. Their typical investments range from $25MM-$250MM. www.vbprofiles.com is now www.topionetworks.com. organization of its kind in the U.S., presented the award. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. In 1982, he founded Pivotal Group, a real estate opportunity fund. 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. Based on our data team's research, Jahm Najafi is the Pivotal Private Equity's CEO. All rights reserved. Najafi Companies did not respond to a request for comment on any potential connection with DPUS. that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. So-called dark money contributions come from a diverse cross-section of the American landscape. 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. Jobs; Sign In; Careers; By Job Titles; . The company asserts that its products are healthier and more environmentally-friendly than national brands. Francis Najafi is an Iranian-American businessman and investor. Francis Najafi, Founder and Chief Executive Officer, Pivotal Group Two Thunderbird alumni, Francis and Dionne Najafi, donated $25 million to launch the initiative, the largest gift since Thunderbird joined ASU. . 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. 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. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. (Photo by Wes Clowers). 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. We are grateful for their commitment to a borderless expansion of the opportunities that come with higher education.. Habib also got another $3,900 from the Iranian American PAC. Between 2015 and 2016, the group gave a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. As one of the leading Iranian-American entrepreneurs in the Pivotal Group Acquires 21 Apartment Communities We invest in later-stage venture capital and growth equity opportunities in order to help generate notable growth over time. 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 . With $25M Gift, Thunderbird Launches Global Initiative To Educate 100 foundation board member of the Translational Genomics Research Institute 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. 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. [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. said Thunderbird President ngel Cabrera, Ph.D. Mr. world. Top Maricopa election official launched PAC in 2021 to stop Republican Pivotal (Francis Najafi/Tyler Rives) The Najafi Companies (Jahm Najafi) . This article "Francis Najafi" is from Wikipedia. The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. Locally, Mr. Najafi serves, on the Board of Directors of Sandra Day OConnor Institute, is a Cabinet Member of the Presidents Club at Arizona State University, a Board Member Emeritus and Capital Campaign Chair of Arizona Science Center, and serves on ASUs W.P. 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. 0000170581 00000 n Tyler Rives and Francis Najafi of Pivotal . 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. You have revoked consent to allow cookies. Between 2015 and 2016, the group. As an immigrant some five decades ago, I learned the value of education. With $25M Reward, Thunderbird Launches International Initiative To $25 million gift to expand Arizona State's Global Management school The law firm, located in a suburban office building with other law firms, a financial services firm and a teak furniture store, did not respond to a request for comment. Najafi kept operations going during a yearlong bankruptcy. 0000006605 00000 n All rights reserved. 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. ), 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. However, National Vista did something of note besides bankrolling a super PAC. , 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. But they dont appear to be on the same page politically. DAN DELANEY. 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. [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. [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. Another 1,500 building lots are available across a sprawling sagebrush-covered hill overlooking the ski town of Park City. To request permission for commercial use, please contactus. The law firm, located in a suburban office building with other law firms, a financial services firm and a teak furniture store, did not respond to a request for comment. Tri-Point Column in Carter Lake, Iowa. The firm recently acquired Global Capacity, the worlds He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. Tottenham takeover - Who is Jahm Najafi? Businesses, success with TODAY'S DEALS: Pivotal Group Acquires 21 Communities in Texas Pivotal Group's private equity arm focuses on middle-market companies and annual.
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