francis najafi pivotal group

Over the years, its portfolio expanded to include master-planned developments and landmark properties throughout the nation. in 2017, is clearly linked to billionaire GOP donor Bruce Kovner in several ways. [13][14], Some of the organizations that have benefitted from Najafi's Pivotal Foundation which was established in 2005 includeBallet Arizona (to assist in performance production),[15][16] PARSA Community Foundation. The group aired multiple television ads to attack Cherny, him a Washington, D.C. insider in another. 2022 Promontory Development, LLC. 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. 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. through which more than 12 million immigrants passed in their quest for At its inception, the firm capitalized on profitable market niches by acquiring, developing and managing investment grade commercial real estate properties in the Southwest. Francis Najafi is an Iranian-American businessman and investor. An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . The honorees are remarkable Americans who exemplify outstanding Pictured is a section of the Boise, Idaho skyline. Sign up for our newsletter to track moneys influence on U.S. elections and public policy. linking national brand cleaning products such as Clorox and Lysol to lung damage. But they don't appear to be on the same page politically. The list of its authors can be seen in its historicaland/or the page Edithistory:Francis Najafi. Unlike other MLM companies, products are sold online and shipped directly to the consumer. his commitment to the ideals for which Thunderbird stands and his 0000007266 00000 n 0000005917 00000 n 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. and real estate. We have the expertise to assess complex investment opportunities. . Pivotal Group is a diversified investment company primarily focused on private equity and real estate. "Ultimately, I believe in the magic of America," said Najafi, an Iranian-born, self-made real-estate tycoon who believes the market for expensive second homes will come back. Our goal is to enable A+ teams to reach their peaks and achieve greatness. Mr. Najafi currently serves as Chairman of the Board of Global Capacity, on the Board of Directors of the EastWest Institute, active in the World's President's Organization (WPO . ancestors. 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. Editors note:This story is featured in the2022 year in review. 0000008522 00000 n 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. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. Ellis Island is the gateway Photo by Samantha Chow/ASU News, Reporter , ASU News. You have revoked consent to allow cookies. 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 . ), 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. Health Care. [10], Najafi Companies (Najafi Cos.), a private-equity firm, was established in 2002. In 2005, Mr. Najafi established the Pivotal Foundation, as a charitable vehicle to give back to society and provide patronage for international awareness initiatives . Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. property in San Francisco, the Phoenix Ritz-Carlton; and developing A Credit Suisse spokesman didn't dispute the loss but wouldn't comment. Mr. Najafi is one of six Iranian-Americans to receive the Ellis Island The club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. Your comment is F HmQ:!3%=9 In 1982 he founded Pivotal Group, a real estate opportunity fund with uncanny market timing and wisdom. Mr. Najafis interest and commitment to community service spans the At its inception, the firm capitalized on profitable market niches by acquiring,. At USC, he began his entrepreneurial activities while a PhD candidate in International Political Economy. He was named to the Phoenix Business Journal's Forty under 40 list in 2001. Najafi Companies did not respond to a request for comment on any potential connection with DPUS. ceremony this past weekend in the historic Great Hall on Ellis Island. awarded the Ellis Island Medal of Honor for outstanding citizenship, that attract people from around the globe. Pivotal (Francis Najafi/Tyler Rives) The Najafi Companies (Jahm Najafi) . committed graduates, not only in his professional career, but also for Pivotal Group leads significant growth equity investment in SnapNurse, an on-demand healthcare staffing platform . Notable deals. 0000001241 00000 n That is so unique to Thunderbird.. 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. As an immigrant some five decades ago, I learned the value of education. 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. 0000156504 00000 n 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. July 14, 2020 10:10 AM Eastern Daylight Time. The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. 0000003204 00000 n Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. every race from so many walks of life, together, celebrating the magic Francis Najafi. Our most important investment criterion is an outstanding management team. The purpose of disclosure is to allow people to know immediately upon looking at an FEC report who the contributors are. He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. 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. , VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. With our medalists, we see America at its best. Access to higher education and the need for equity and inclusion is one of a global scale, ASU President Michael Crow said. 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. [18][19][20] He was also awarded the Jonas Mayer Outstanding Alumnus Award from Thunderbird School of Global Management.[21]. 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 company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. 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. at Chief Executive Officer @ Pivotal Group Preparing Francis profile View Francis's Email & Phone (It's Free) 5 free lookups per month. Najafi said he'll have to spend about $70 million before Promontory recovers. His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. 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. diversity of the American people is what makes this nation great. Later he broadened Pivotal Groups mandate, successfully investing in private equity and growth venture opportunities. Flooding changed the course of the river in 1897 leaving a two-mile square piece of Iowa forever marooned in Nebraska. (Melaleuca is a genus of trees from which tea tree oil is derived. The company later acquired the France, Belgium, Switzerland and Quebec operations of Direct Group. into the Congressional Record. xref 1976-Arizona State University-Bachelor of Science Degree in Civil Engineering 1977-Thunderbird School of Global Management-Masters Degree in International Management 1978-University of Southern California-Master of Arts Degree in International Relations unwavering efforts to advance global business and global citizenship, Picture courtesy of Thunderbird College of International Administration at ASU. communities such as Promontory, an award-wining second-home community in years ago, investing in landmark properties including the Century Plaza 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. Read More sale of $100 million to $1 billion. Written by Melissa Larsen. recipients who represent all sectors and cultures in our society.. 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. DRA Strategic CommunicationsDenise D. Resnik, 602-956-8834Nick %%EOF Najafi is the founder of private equity firm Najafi Cos. One month before National Vistas incorporation, Melaleuca made its own $400,000 contribution to SLF, along with a separate $400,000 to Congressional Leadership Fund (CLF) on the same date. Sign up for our newsletter, and we promise to send you only the good stuff. The business wasted little time jumping into politics, giving $400,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) on Oct. 17, 2018. It shouldnt require pulling records from other states to reveal a possible connection to another company.. The project was shopped to 80 potential investors, none of whom ventured a bid. Restoring Arizonas Integrity made all of its independent expenditures $59,796 in the Arizona 9th Congressional District Democratic primary to oppose Andrei Cherny, who would go on to lose to Sinema during her first successful bid for the House. I learned my basic management skills and leadership here at Thunderbird, where I also learned that you can work through your cultural and social differences. VanderSloot was, national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. The main office of represented VC is situated in the Phoenix. After majority owner Robert Sarver was suspended from team operations for one year that stated Sarver engaged in conduct that clearly violated common workplace standards included the use of racially insensitive language; unequal treatment of female employees; sex-related statements and conduct; and harsh treatment of employees that on occasion constituted bullying Najafi called on Sarver to resign. He is also a graduate of Thunderbird School of Global Management ('77) as is his wife. The fact that Najafi was able to buy his own project back so cheaply is a reflection of the turbulence in credit markets. The law firm, located in a suburban office building with other law firms, a financial services firm and a teak furniture store, did not respond to a request for comment. My wife and I think of education as part of your basic human rights. The Ellis HSn@}G)_!UQ0B`%NpNZWb93350.HB$]>f8F^z^Sk6(`Sr\\L\G ZpL,Gqi 0000001742 00000 n 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. Im honored to be among the He previously served on the . Equal Housing Opportunity. Thank you for your continued support. 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. This award embodies the ideals of freedom, tolerance and acceptance Pivotal Private Equity Company Rankings Their largest recipient is, 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. The Ellis Island Medals of Honor pay tribute to the ancestry groups that Restoring Arizonas Integrity made all of its independent expenditures $59,796 in the. For example, BK2 Holdings, a Princeton Junction, New Jersey-based company that. Pivotal's Francis Najafi and Tyler Rives also join SnapNurse's Board of . 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. Medal of Honor this year. Additionally, we seek underperforming and distressed properties where we can add value through renovation, repositioning, redeployment, expansion, or capital restructuring. Pivotal Group CEO and founder and developer of Promontory, F. Francis Najafi, found inspiration in the massive 7,200 acre landscape to create a timeless mountain club for all ages. [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. Current. Top image: Thunderbird School of Global Management headquarters in downtown Phoenix. Subscribe to see more. Island Medal of Honor is sanctioned by the U.S. Congress and entered 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 0000001016 00000 n He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. 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. 0000006605 00000 n As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. economic prosperity and human development around the world.. Their typical investments range from $25MM-$250MM. Chief Executive Officer. Arizona State Universitys Thunderbird School of Global Managementannounced plans today to educate 100 million learners by 2030, thanks to a historic $25 million donation. to learn more. Pivotal Private Equity CEO And Executives - Learn more about Pivotal Private Equity CEO Jahm Najafi and key people by exploring the management team. Their largest recipient is Rep. Steve King (R-Iowa) with $25,700 in contributions. 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. He founded the privately held firm 30 years ago, investing in landmark properties. startxref 2023 Promontory Club. Pivotal group gave $3,800. 0000000016 00000 n 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 kept operations going during a yearlong bankruptcy. He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. Democratic primary to oppose Andrei Cherny, who would go on to lose to Sinema during her first successful bid for the House. [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. "There is no question in my mind that the economy will recover.". 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. 0000001318 00000 n The takeover required a buyer to raise millions more to keep operations at Promontory going. F. Francis Najafi is founder and CEO of Pivotal Group, a leading investment company focused on private equity and real estate. However, National Vista did something of note besides bankrolling a super PAC. For over twenty-five years, Pivotal has been involved with niche residential projects, commercial development, master planned communities, luxury hotel and spa properties, commercial office buildings and other real estate . Company: Industry: Round Size: Date: Investors: Location: SnapNurse. Key Quotes: Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. [2] [3] Contents 1 Early life and education 2 Career 3 Philanthropy and recognition 4 Personal life , which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. This page was last edited on 17 November 2022, at 10:45. [34], Najafi and his wife, Cheryl Najafi, live in Arizona with their three children. The federal-level Iranian American PAC has received $15,000 from Francis Najafi, while the groups state-level, in the 2016 election cycle and another $2,500 from the Jahm Najafi-owned, 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. This material may not be published, broadcast, rewritten, or redistributed. 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. In 2007, it sold Network Solutions to General Atlantic for $800 million. The document is copyrighted 2018 National Vista, Inc. Some of the wording in it exactly mirrors that used in a, , an Idaho-based company that sells its own cleaning products along with an arsenal of health-related products.