And in a $244,200 contribution to Paul Ryans joint fundraising committee. 0000007915 00000 n Jobs; Sign In; Careers; By Job Titles; . 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. Phoenix, AZ 85018. 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. [2] [3] Contents 1 Early life and education 2 Career 3 Philanthropy and recognition 4 Personal life 0000170314 00000 n Pivotal Group is a Phoenix, Arizona basedprivate equity financing firm. (Photo by Wes Clowers). Quan, 602-373-2400. After Sinema won the primary, the super PAC transferred $100,000 to. Request a free trial. Learn about Article Alert. F. Francis Najafi CEO Pivotal Group. But they dont appear to be on the same page politically. He is also a partial owner and vice chairman of the Phoenix Suns NBA team. 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 startxref www.vbprofiles.com is now www.topionetworks.com. leading telecommunications information and logistics company, and has [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. Chief Executive Officer. We empirically evaluate markets and asset classes allowing us to effectively anticipate market movements. xb``Pd``qe```:01G"300284; SsjB'89\{ )Nwnsn(ijtd`;4lF@Nb+ fe`, r Instastaff is a startup business that provides staffing to business customers seeking shift employees. Read More sale of $100 million to $1 billion. The learners in the initiativewill receive a badge for each course they complete and a 15-unit accredited certificate upon successful completion of all five courses. We understand that it takes vision, persistence, and humility to succeed. Pivotal Group and Trumpf Ventures lead significant investment in AI cybersecurity prediction platform . 0000175548 00000 n Pivotal Group is a diversified investment company primarily focused on private equity and real estate. Key Quotes: 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 leads significant growth equity investment in SnapNurse, an on-demand healthcare staffing platform . [18][19][20] He was also awarded the Jonas Mayer Outstanding Alumnus Award from Thunderbird School of Global Management.[21]. 0000001318 00000 n Title. Im honored to be among the To request permission for commercial use, please contactus. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. They are headquartered in Phoenix, Arizona. 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. The plan is for a phased approach. Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. Sign up for our newsletter to track moneys influence on U.S. elections and public policy. 0 in the midst of the Arizona gubernatorial election between Doug Ducey and Fred DuVal. As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. 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. 0000002534 00000 n trailer [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. Credit Suisse had matched Najafi's $30 million bid at an auction on Wednesday but, unable to raise even that amount, it withdrew the bid a day later. He founded the privately held firm 30 years ago, investing in landmark properties. Still, when Campaign Legal Center sent a complaint 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. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. Want first access to OpenSecrets' investigations and data features? F. Francis Najafi "is Founder and Chief Executive Officer of Pivotal Group, a real estate based investment and development company with presence in all major product types including luxury hotels, office buildings, urban mixed-use projects and residential communities. "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. 0000003156 00000 n 8758 N Promontory Ranch Rd Company: Industry: Round Size: Date: Investors: Location: SnapNurse. economic prosperity and human development around the world.. ), Both releases use identical wording in several instances and note the exact same findings. Our target properties include full-service hotels and resorts; office, multifamily, and mixed-use projects; and master-planned residential communities. freedom of speech, religion and economic opportunity. Later he broadened Pivotal Group's mandate successfully investing in private equity and . 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. 20005. individual achievement and encouragement of cultural unity at an awards Between 2015 and 2016, the group. | PRIVACY POLICY | REVOKE COOKIE CONSENT. [16], He has also served on the board of directors for the Phoenix Symphony and Phoenix Metropolitan Area Convention and Visitors Bureau, and as chair of the board of trustees of Phoenix Country Day School. 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. "My wife and I think of education as part of your basic human rights. 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. adding to the rich diversity and cultural hodgepodge that makes America Download Full Image. The owner is Wayne Hoovestol, a midwest businessman who owns several farming and trucking-related businesses, including. He is also a graduate of Thunderbird School of Global Management ('77) as is his wife. The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. Pivotal focused on the purchase of . With these competitive advantages, we make swift decisions and close transactions with creative and mutually beneficial structures. (Photo by Wes Clowers). He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. By the second year, the program will be expanded across Africa, the Middle East, Asia and Latin America to at least 25 languages. could not find your e-mail or password. public service activities offered by the Urban Land Institute. Opposing bids came from former Warner Music Group executive Edgar Bronfman Jr., Iowa-based company Meredith Corporation, and private equity firm Pamplona Capital Management. 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. We have the expertise to assess complex investment opportunities. Not all apparent shell companies are necessarily dark money. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. The company makes investments in companies with transaction value up to $1 billion and holds investments from five to ten years. The purpose of disclosure is to allow people to know immediately upon looking at an FEC report who the contributors are. There is a large body of people around the world who have no access to education, Francis Najafi said. In court on Friday, Credit Suisse didn't support or oppose Najafi's bid, surrendering the battle. He has been a longtime investor in the Phoenix Suns and Mercury, and recently announced that he was maintaining his family's minority. We are grateful for their commitment to a borderless expansion of the opportunities that come with higher education.. In addition to his professional success, this father of . 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. 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. [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. Like Education Secretary Betsy DeVos, of the. Page 6 of 9. Eventually, the initiative will be available for learners worldwide, reaching the goal of 100 million learners. Mr. Najafi is also a patron on numerous cultural and civic organizations. 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. Najafi, head of the company, invests only his own capital. By the fourth year or earlier, the program will have expanded to Europe and Central Asia with 40 total languages. "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. [4] Upon graduation from ASU, he attended the Thunderbird School of Global Management and earned a Masters Degree in International Management in 1977. Thank you for your continued support. Thank you for accessing our content on the Topio Networks Market Intelligence Center. In 1972, Najafi moved to Arizona where he attended Arizona State University. Obtain the property report and read it before signing anything. Your comment is 0000001241 00000 n 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. Former recipients include business icons Najafi said he'll have to spend about $70 million before Promontory recovers. 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 . The only link to National Vista on the internet is an. 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. comprise Americas unique cultural mosaic. DAN DELANEY. Learn more about theFrancis and Dionne Najafi 100 Million Learners Global Initiative. Subscribe to see more. The Najafi Companies is an entrepreneurially driven private investment firm founded by Jahm Najafi in 2002. 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. Group is a diversified investment company primarily focused on private 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. 0000061585 00000 n Pivotal Group is a leading investment company focused on private equity 0000182073 00000 n 0000008522 00000 n Editors note:This story is featured in the2022 year in review. , many of which use the same Iowa address. Written by Melissa Larsen. [3][4][10][17], In December 2020, Najafi was announced as the next vice-chairman of McLaren Racing, a Formula One constructor. 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. He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. diversity of the American people is what makes this nation great. privateequity@pivotalgroup.com, Contact Richard Garner Another 1,500 building lots are available across a sprawling sagebrush-covered hill overlooking the ski town of Park City. organization of its kind in the U.S., presented the award. 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. [7], Najafi founded Pivotal Group in 1982. Sorry, we Pivotal Group's private equity arm focuses on middle-market companies and annual. Prominent holdings include Los Angeles' Century Plaza Hotel and the Ritz-Carlton in Phoenix. After Sinema won the primary, the super PAC transferred $100,000 to House Majority PAC, which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. We want to make sure you get the most out of our platform. 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. Pivotal concentrated on buying commercial properties such as 650 California Street in San Francisco, The . continuing to preserve the distinct values and rich heritage of their The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. The sale was approved by U.S. Bankruptcy Judge Judith Boulden. that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. 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. F HmQ:!3%=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. [10], Najafi Companies (Najafi Cos.), a private-equity firm, was established in 2002. At the end of the National Vista document, it simply states: If you havent done so already, now is the time to rid your home of the dangerous national cleaning products that contain so many harmful chemicals.. Flooding changed the course of the river in 1897 leaving a two-mile square piece of Iowa forever marooned in Nebraska. As one of the leading Iranian-American entrepreneurs in the 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. 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. The company asserts that its products are healthier and more environmentally-friendly than national brands. Promontory is a Pivotal Group Community. Mitchel Sayare Chairman of the Board PharmAthene, Inc. Hilla Sferruzza And former NSA Deputy Director Bill Crowell will also join the board. 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. He currently serves as Chairman of the Board of NxSystems. Website by Needlestack. Chief Executive Officer @ Pivotal Group Preparing Francis profile View Francis's Email & Phone (It's Free) 5 free lookups per month. We assist management with strategy and equip them with capital to help realize their companys potential. [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. [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. He was named to the Phoenix Business Journal's Forty under 40 list in 2001. in 2012. Hotel in Los Angeles, 650 California Street, a Class A commercial office . Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. Habib also got another $3,900 from the Iranian American PAC. Francis is much more prolific and conservative. Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal 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. 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. awarded the Ellis Island Medal of Honor for outstanding citizenship, She has served as an executive for Pivotal Group, a private equity and real estate investment firm, KSL, a KKR, Kohlberg, Kravis and Roberts company, and as Executive Director of The National Women's Hall of Fame in New York, which recognizes and celebrates the achievements of extraordinary American women. [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. This approach allows us to profit from the cyclical nature of the real estate market. [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. 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. It also doesnt mind giving identical contributions to the same group in multiple increments, as various branches of the company gave a total of, Melaleuca is run by billionaire GOP megadonor Frank VanderSloot, who is reported to be the richest person in Idaho at an, of $3.4 billion, according to Forbes. It shouldnt require pulling records from other states to reveal a possible connection to another company.. Iranian-American investors who happen to be politically active. Pivotal's real. The club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. Equal Housing Opportunity. Michael Olsen Chief Financial Officer Globe Corp. Brad Parker Executive Vice President, West Region PNC Bank. DPUS didnt limit its political giving to federal elections. [5][6], Najafi continued his education at the University of Southern California where he worked as a Teachers Assistant (197779) while completing a Masters Degree in International Relations and his Ph.D. candidacy in the International Political Economy program. Founded by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. However, National Vista did something of note besides bankrolling a super PAC. communities such as Promontory, an award-wining second-home community in to learn more. The commission could rule that National Vista, in producing a document about the hazards of national cleaners, shows that it has a purpose besides acting as a conduit to funnel anonymous contributions. The fact that Najafi was able to buy his own project back so cheaply is a reflection of the turbulence in credit markets. It has a local reputation as a lower-income town of small houses, mobile homes, airport hotels, a few industrial businesses and a large abstract steel sculpture called Tri-Point Column by the late sculptor Rod Kagan sitting alone in a field on Abbott Drive. So-called dark money contributions come from a diverse cross-section of the American landscape. 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. 0000170581 00000 n "It was a most unusual agreement," said Richard Aaron, a retired University of Utah bankruptcy-law professor and Promontory's auctioneer. Francis Najafi Phone Number Found 3 phone numbers: 602625XXXX 602-956-XXXX . 0000001908 00000 n Najafi kept operations going during a yearlong bankruptcy. Mr. Najafi serves as a Board Member of several private companies. 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. Thirty years ago, Najafi founded Pivotal Group, one of the Valley's top investment companies. Mr. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . immigrants significant contribution to this country than Francis Open Secrets following the money in politics, An obscure Carter Lake limited liability company (LLC) named DRT, LLC made a $250,000 contribution to pro-Trump super PAC, in April 2018. You have revoked consent to allow cookies. 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. 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). This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. 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 . F. Francis Najafi is the American Dream come to life. For more information, visit. The PAC received its largest donation of $20,000 from Francis Najafi, founder and CEO of the investment firm Pivotal Group. 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. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . Pivotal group gave $3,800. 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. Carey School of Business Deans Council. Francis Najafi See All CEO & Executives The Inside Scoop Since 1982, Pivotal Private Equity, a real estate investment and development company, has been dealing with commercial and residential clients. "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. Hoovestol and Lucht did not respond to phone messages inquiring about DRT. , VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. At its inception, the firm capitalized on profitable market niches by acquiring, developing and managing investment grade commercial real estate properties in the Southwest. world. 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. [13][6][27], In 2014, Najafi, through Najafi Cos., invested between $75 and $100 million to Paula Deen and Paula Deen Ventures to fuel her rebranding after she was fired from The Food Network in June 2013. Democratic primary to oppose Andrei Cherny, who would go on to lose to Sinema during her first successful bid for the House. Crowell previously served as an advisor to CYR3CON. said Thunderbird President ngel Cabrera, Ph.D. Mr. Whether youre reading about 2022 midterm fundraising, conflicts of interest or dark money influence, we produce this content with a small, but dedicated team. a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. tank; a trustee and alumnus of Thunderbird School of Global Management;