And former NSA Deputy Director Bill Crowell will also join the board. 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. awarded the Ellis Island Medal of Honor for outstanding citizenship, recipients who represent all sectors and cultures in our society.. 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. The courses, which include subjects such as global leadership, customer experience and global entrepreneurship, launch in April. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . | PRIVACY POLICY | REVOKE COOKIE CONSENT. Name. privateequity@pivotalgroup.com, Contact Richard Garner into the Congressional Record. 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. . HSn@}G)_!UQ0B`%NpNZWb93350.HB$]>f8F^z^Sk6(`Sr\\L\G ZpL,Gqi 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. However, National Vista did something of note besides bankrolling a super PAC. Their typical investments range from $25MM-$250MM. Eventually, the initiative will be available for learners worldwide, reaching the goal of 100 million learners. Lee Iacocca, Rupert Murdoch and Barron Hilton. The club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. Read More sale of $100 million to $1 billion. Quan, 602-373-2400. 8758 N Promontory Ranch Rd ceremony this past weekend in the historic Great Hall on Ellis Island. 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. and real estate. 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. tank; a trustee and alumnus of Thunderbird School of Global Management; 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. [7], Najafi founded Pivotal Group in 1982. 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. My wife and I think of education as part of your basic human rights. As an immigrant some five decades ago, I learned the value of education. Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal 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. Founder and Chief Executive Officer Pivotal (Francis Najafi/Tyler Rives) The Najafi Companies (Jahm Najafi) . Today, the club members enjoy an impressive suite of 14 signature amenities with several new additions in the works. The main office of represented VC is situated in the Phoenix. Excluding contributions from Melaleuca to major super PACs, VanderSloot and his wife Belinda give plenty of money on their own, contributing nearly $3.5 million to GOP candidates and groups since 1992. <<7E07F676488E4E4DB696AADCB8495A3F>]>> But they dont appear to be on the same page politically. Melaleuca sells its products through a multi-level marketing structure. Najafi is the founder of private equity firm Najafi Cos. To access all the content for free, please sign up by entering your email. (Photo by Joe Jaszewski for The Washington Post via Getty Images). 0000006605 00000 n 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 concentrated on buying commercial properties such as 650 California Street in San Francisco, The . 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. Pivotal Group Location 1934 Old Gallows Rd Ste 350, Tysons Corner, Virginia, 22182, United States Description Industry 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. ), Both releases use identical wording in several instances and note the exact same findings. 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. The plan is for a phased approach. Professional Services . , which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. F. Francis Najafi is founder and CEO of Pivotal Group, a leading investment company focused on private equity and real estate. 0000005917 00000 n Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. They will have lifelong learning options and alternative educational pathways through Thunderbird and ASU, or will be able to transfer the credits to other universities worldwide. And in a $244,200 contribution to Paul Ryans joint fundraising committee. "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. that attract people from around the globe. 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. The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. Dan Mahoney, co-chair of Snell & Wilmer's Venture Capital and Private Equity Industry Group. Mr. Najafi is also a patron on numerous cultural and civic organizations. In 1972, Najafi moved to Arizona where he attended Arizona State University. 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. He is also on the Board of Directors of the Quincy Institute, active in the Worlds Presidents Organization (WPO) and Chief Executives Organization (CEO). Not all apparent shell companies are necessarily dark money. Sign up for our newsletter, and we promise to send you only the good stuff. This page was last edited on 17 November 2022, at 10:45. Pivotal Group and Trumpf Ventures lead significant investment in AI cybersecurity prediction platform . foundation board member of the Translational Genomics Research Institute Najafi is founder and CEO of Pivotal Group, a 30-year-old investment firm with extensive experience in private equity investments, and all major real estate product types. 2022 Promontory Development, LLC. qualities in both their personal and processional lives, while 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. ancestors. Subscribe to see more. Francis Najafi is an Iranian-American businessman and investor. 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. Another 1,500 building lots are available across a sprawling sagebrush-covered hill overlooking the ski town of Park City. Like Education Secretary Betsy DeVos, of the. 0000156916 00000 n He currently serves as Chairman of the Board of NxSystems. could not find your e-mail or password. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. 0000182369 00000 n [10], Najafi Companies (Najafi Cos.), a private-equity firm, was established in 2002. His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. The group aired multiple television ads to attack Cherny, him a Washington, D.C. insider in another. No credit card required. that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. ), 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. The company makes investments in companies with transaction value up to $1 billion and holds investments from five to ten years. The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. in 2017, is clearly linked to billionaire GOP donor Bruce Kovner in several ways. With our medalists, we see America at its best. Ballet Arizona announced it recently received a multi-year gift in the amount of $500,000 from Mr. F. Francis & Mrs. Dionne Najafi of the Pivotal Group, a private entrepreneurial investment firm. 0000175548 00000 n Drawn by the unrealized potential of well-managed, middle-market companies with unique assets, Pivotal Group entered the private equity market in 2002. Mr. Najafis interest and commitment to community service spans the 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. North of downtown, in an affluent suburb near the Biltmore Golf Club played by presidents Eisenhower, Kennedy, Johnson, Nixon, Ford and George H.W. (PAAIA), a leading Iranian philanthropic institution; and governor of 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. In 2015, Huffington Post reported that Francis may have used a shell company called Tread Standard LLC to transfer $150,000 to a pro-Jeb Bush super PAC. Sign up for our newsletter to track moneys influence on U.S. elections and public policy. Current. individual achievement and encouragement of cultural unity at an awards leading telecommunications information and logistics company, and has Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. 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 . Bush sits a large, reflective office building in an upscale shopping center at 2525 E Camelback Road. 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. At its inception, the firm capitalized on profitable market niches by acquiring,. The National Ethnic Coalition of Organizations could not have A similar address isnt the only piece of circumstantial evidence that appears to link Najafi to the apparent shell company. [26] The company invested approximately $200 million to Jeff Berg's talent agency, Resolution, after Najafi negotiated the deal in 2013. 0000001318 00000 n That is so unique to Thunderbird.. Editors note:This story is featured in the2022 year in review. Visit www.NECO.org (Melaleuca is a genus of trees from which tea tree oil is derived. Work History. Francis Najafi CEO c5753ccd5d71c0 9d6ee09b348272075e14599 17ce51b948cc 7cdd6cbe9cddd078a. Pivotal's real. Global Capacity and Pivotal Group have now commenced seeking regulatory approvals and estimate the . equity and real estate. In 1982 he founded Pivotal Group, a real estate opportunity fund with uncanny market timing and wisdom. 6 0 obj <> endobj The Ellis For more information, visit www.pivotalgroup.com. Some of these LLCs, such as DRT, LLC, are easier to track than others. 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. Jahm Najafi is an Iranian-American businessman who runs a private-equity firm, Najafi Companies. The use of shell company contributions to super PACs is a growing trend that has captured the attention of government watchdogs. But they dont appear to be on the same page politically. Mr. Najafi has substantial board-level experience. 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. 0000063403 00000 n Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. 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. The company later acquired the France, Belgium, Switzerland and Quebec operations of Direct Group. 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. chosen a more deserving recipient of this award that celebrates Later he broadened Pivotal Groups mandate, successfully investing in private equity and growth venture opportunities. . standards, and a firm belief that business can be a powerful source of [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. We assist management with strategy and equip them with capital to help realize their companys potential. through which more than 12 million immigrants passed in their quest for 0000007915 00000 n Script error: No such module "Draft topics". The architecturally diverse structures would allow family members to engage in their individual pursuits and gather for joint recreation and celebration. Your comment is By the fourth year or earlier, the program will have expanded to Europe and Central Asia with 40 total languages. Francis is much more prolific and conservative. 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. A Credit Suisse spokesman didn't dispute the loss but wouldn't comment. He is also a partial owner and vice chairman of the Phoenix Suns NBA team. Chief Executive Officer @ Pivotal Group Preparing Francis profile View Francis's Email & Phone (It's Free) 5 free lookups per month. But they don't appear to be on the same page politically. 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. Najafi kept operations going during a yearlong bankruptcy. Script error: No such module "Draft topics". Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. 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. He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. 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. Medal of Honor this year. The initiative, made attainable by a $25 million donation from the Najafis, will educate and empower 100 million learners by 2030, with 70% of them girls. It also doesnt mind giving identical contributions to the same group in multiple increments, as various branches of the company gave a total of four $250,000 contributions to anti-Obama super PAC Restore Our Future in 2011. (Photo by Wes Clowers). [3][4][10][17], In December 2020, Najafi was announced as the next vice-chairman of McLaren Racing, a Formula One constructor. Washington, 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. xref Habib also got another $3,900 from the Iranian American PAC. DAN DELANEY. They are headquartered in Phoenix, Arizona. We invest in later-stage venture capital and growth equity opportunities in order to help generate notable growth over time. , and they look to take control positions in companies. He runs Najafi Companies, a Phoenix-based private-equity firm, and is partial owner of the Phoenix Suns NBA team. 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 . He previously served on the . Pivotal Group is a Phoenix, Arizona basedprivate equity financing firm. Between 2015 and 2016, the group. Health Care. 0000170314 00000 n Suite 201, Sherman Oaks, CA 91403. Hotel in Los Angeles, 650 California Street, a Class A commercial office 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. 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. Hoovestol and Lucht did not respond to phone messages inquiring about DRT. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. At USC, he began his entrepreneurial activities while a PhD candidate in International Political Economy. 0000181689 00000 n [4][23][24][25] Najafi and Najafi Cos. also bid to buy The Boston Globe in 2013. Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . He has made such an amount from his various business. [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. VanderSloot was national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 [2][3], Najafi was born in Isfahan, Iran in 1955. 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. 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. Copyright 2021 Pars Equality Center. 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. 0000007266 00000 n economic prosperity and human development around the world.. PHOENIX--(BUSINESS WIRE)--F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, was Subscribe to see more.

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