commitment to serving his community, both locally and internationally., The cultural diversity of our great nation is essential for Americas [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. 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. at 0000004555 00000 n The purpose of disclosure is to allow people to know immediately upon looking at an FEC report who the contributors are. 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. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . Bush sits a large, reflective office building in an upscale shopping center at 2525 E Camelback Road. Subscribe to see more. Notable deals. Najafi worked for Salomon Brothers, a Wall Street firm that became part of Citigroup, before he served as CEO of Pivotal Private Equity and partner and COO of the parent company, The Pivotal Group, which he ran with his brother, Francis Najafi. 0000176450 00000 n 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. Editors note:This story is featured in the2022 year in review. 41 0 obj <>stream By the second year, the program will be expanded across Africa, the Middle East, Asia and Latin America to at least 25 languages. So-called dark money contributions come from a diverse cross-section of the American landscape. for all of its filings, including its FEC filing. Pivotal Group backs SnapNurse | PE Hub 0000001318 00000 n . F. Francis Najafi - ceo - pivotal group | LinkedIn Jamshid Jahm Najafi (born March 1963)[1] is an Iranian-American billionaire[2] businessman. Their largest recipient is Rep. Steve King (R-Iowa) with $25,700 in contributions. [18][19][20] He was also awarded the Jonas Mayer Outstanding Alumnus Award from Thunderbird School of Global Management.[21]. The Ellis Additionally, we seek underperforming and distressed properties where we can add value through renovation, repositioning, redeployment, expansion, or capital restructuring. 0 Use the CB Insights Platform to explore Pivotal Group's full profile. AI Cyber Attack Prediction Platform CYR3CON Secures $8.2 Million [5], In May 2011, Najafi received the Ellis Island Medal of Honor for outstanding citizenship, individual achievement, and encouragement of cultural unity. Najafi is the founder of private equity firm Najafi Cos. [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. Sorry, we Who Are These Guys? - Promontory Club Park City UT [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! Francis Najafi - Chief Executive Officer - Pivotal Group | ZoomInfo tank; a trustee and alumnus of Thunderbird School of Global Management; Francis Najafi is an Iranian-American businessman and investor. Mr. Najafi completed his B.S. NAJAFI, FRANCIS PHOENIX, AZ 85018: Pivotal Group/Pivotal Group/Ceo: $2,800: 11/08/2019: P: DEBBIE LESKO FOR CONGRESS - Republican: NAJAFI, FRANCIS PHOENIX . 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. 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. An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . 0000170581 00000 n 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. Page 6 of 9. committed graduates, not only in his professional career, but also for This page was last edited on 17 November 2022, at 10:45. For more information, visit www.pivotalgroup.com. We have the expertise to assess complex investment opportunities. My wife and I think of education as part of your basic human rights. 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. 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 is owner of The Pivotal Group, a long-time Phoenix businessman and philanthropist. communities such as Promontory, an award-wining second-home community in Democratic primary to oppose Andrei Cherny, who would go on to lose to Sinema during her first successful bid for the House. Pivotal group gave $3,800. 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. 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! With our medalists, we see America at its best. In 2007, it sold Network Solutions to General Atlantic for $800 million. Pivotal Group Acquires 21 Apartment Communities - F. Francis Najafi, CEO of Pivotal Group. 0000182369 00000 n Name. We have the expertise to assess complex investment opportunities. 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. Script error: No such module "AfC topic". 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. Later he broadened Pivotal Group's mandate, successfully investing in private equity and growth venture opportunities. 8758 N Promontory Ranch Rd Michael Olsen Chief Financial Officer Globe Corp. Brad Parker Executive Vice President, West Region PNC Bank. Pivotal's Francis Najafi and Tyler Rives also join SnapNurse's Board of . Complete the form or call 435.333.4600 to learn more about this property. The company made another contribution $10,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) two weeks before election day. In 2005, Mr. Najafi established the Pivotal Foundation, as a charitable vehicle to give back to society and provide patronage for international awareness initiatives . All prices, incentives, locations, descriptions, options, and terms are subject to change without notice. It is unclear how DRT is funded and what the company does, outside of giving political contributions. 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. As one of the leading Iranian-American entrepreneurs in the Phoenix, AZ 85018. We work across a diverse range of industries, including telecommunications, technology, media, aerospace, consumer, and business services. Title. Dark Money: Coming from a shell company near you OpenSecrets - Truthout By using this website you consent to the use of cookies. It makes investments with internal capital rather than raising funds from institutional investors, as is the industry norm. Lee Iacocca, Rupert Murdoch and Barron Hilton. 0000156916 00000 n 0000001742 00000 n With $25M Reward, Thunderbird Launches International Initiative To Pivotal Group and Trumpf Ventures lead significant investment in AI cybersecurity prediction platform . , 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. world. Suite 295 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. Park City, Utah. [4][5], Najafi worked for Salomon Brothers, a Wall Street firm that became part of Citigroup,[4][6] before he served as CEO of Pivotal Private Equity[7] and partner and COO of the parent company, The Pivotal Group,[8][9][10] which he ran with his brother, Francis Najafi. Crowell previously served as an advisor to CYR3CON. We look forward to providing you with even more cutting-edge market research, as Topio Networks. The Najafi Companies is an entrepreneurially driven private investment firm founded by Jahm Najafi in 2002. property in San Francisco, the Phoenix Ritz-Carlton; and developing 0000002534 00000 n Francis Najafi Phone Number Found 3 phone numbers: 602625XXXX 602-956-XXXX . Eventually, the initiative will be available for learners worldwide, reaching the goal of 100 million learners. The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. Download Full Image. Pivotal Group is a leading investment company focused on private equity organization of its kind in the U.S., presented the award. <<7E07F676488E4E4DB696AADCB8495A3F>]>> The club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. Francis Najafi is a '77 alum of Thunderbird, and his wife, Dionne, is an '06 alum. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. 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. Jahm Najafi Net Worth: How Rich is the Businessman Actually? 0000176062 00000 n The PAC received its largest donation of $20,000 from Francis Najafi, founder and CEO of the investment firm Pivotal Group. Francis Najafi - PARS Equality Center [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. Global management certificate to be available at no cost, in 40 languages. But it doesnt make the money any less dark, as there is no way to know the real source of the funds. 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. About QI - Quincy Institute for Responsible Statecraft Copyright 2021 Pars Equality Center. Francis Najafi - EverybodyWiki Bios & Wiki Pivotal Group - Overview, News & Competitors | ZoomInfo.com The Ellis Island Medals of Honor pay tribute to the ancestry groups that 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. 2023 Promontory Club. . Based on our data team's research, Jahm Najafi is the Pivotal Private Equity's CEO. Instastaff is a startup business that provides staffing to business customers seeking shift employees. Chief Executive Officer. Not all apparent shell companies are necessarily dark money. Sign up for our newsletter to track moneys influence on U.S. elections and public policy. 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. Najafi said he'll have to spend about $70 million before Promontory recovers. 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. The developer is Valley resident F. Francis Najafi, founder and CEO of The Pivotal Group. Between 2015 and 2016, the group. Pivotal Private Equity Company Rankings Pivotal concentrated on buying commercial properties such as 650 California Street in San Francisco, The . The business wasted little time jumping into politics, giving $400,000 to the Mitch McConnell-aligned, The funders behind National Vista did a good job concealing their identities, using the address of the companys registered agent. Habib also got another $3,900 from the Iranian American PAC. 0000182073 00000 n that attract people from around the globe. 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. [3], Najafi has a bachelor's degree in economics from the University of California, Berkeley. Pivotal focused on the purchase of . 0000161708 00000 n He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. 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. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. [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. Over the years, its portfolio expanded to include master-planned developments and landmark properties throughout the nation. Quan, 602-373-2400. 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. Status. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. Restoring Arizonas Integrity made all of its independent expenditures $59,796 in the Arizona 9th Congressional District Democratic primary to oppose Andrei Cherny, who would go on to lose to Sinema during her first successful bid for the House. trailer The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. individual achievement and encouragement of cultural unity at an awards The owner is Wayne Hoovestol, a midwest businessman who owns several farming and trucking-related businesses, including Hoovestol, Inc, many of which use the same Iowa address. Najafi Companies - Massinvestor Venture Capital and Private Equity Database Photo by Samantha Chow/ASU News, Reporter , ASU News. 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. All Rights Reserved. Script error: No such module "Draft topics". startxref SnapNurse 75,000% Growth in Medical Staffing - Startupsavant.com Group is a diversified investment company primarily focused on private 20005. [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. 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. ", "Paula Deen makes $75M deal to re-boot her empire", "NBA team owner may soon own Sports Illustrated's owner", "Boivin: The story behind Sean Miller's questionable timeout vs. UCLA", "STX Separating From Eros As Najafi Companies Enters $173M Agreement To Acquire Hollywood Studio", https://en.wikipedia.org/w/index.php?title=Jahm_Najafi&oldid=1141017506, This page was last edited on 22 February 2023, at 23:17. [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. ancestors. 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 . GTT to Acquire Global Capacity Im honored to be among the 0000061404 00000 n In 1986, he received a master's degree in business economics from Harvard University. Chief Executive Officer @ Pivotal Group Preparing Francis profile View Francis's Email & Phone (It's Free) 5 free lookups per month. 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. Najafi was also a founding partner of Social Venture . realestate@pivotalgroup.com, 3200 East Camelback Road 0000061585 00000 n Najafi worked for Salomon Brothers, a Wall Street firm that became part of Citigroup, before he served as CEO of Pivotal Private Equity and partner and COO of the parent company, The Pivotal Group, which he ran with his brother, Francis Najafi. Francis Najafi. 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. years ago, investing in landmark properties including the Century Plaza Jahm Najafi Wiki, Biography, Age, Family, Height, Net Worth, Fast Facts (Melaleuca is a genus of trees from which tea tree oil is derived. "My wife and I think of education as part of your basic human rights. Later he broadened Pivotal Groups mandate, successfully investing in private equity and growth venture opportunities. 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. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street.