Mr. Najafi completed his B.S. 0000155666 00000 n 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. years ago, investing in landmark properties including the Century Plaza [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. 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. Flooding changed the course of the river in 1897 leaving a two-mile square piece of Iowa forever marooned in Nebraska. Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. At its inception, the firm capitalized on profitable market niches by acquiring,. , and they look to take control positions in companies. It makes investments with internal capital rather than raising funds from institutional investors, as is the industry norm. "He feels a sense of obligation to the community and a desire to protect the reputation of a development he's so closely associated with," said David Jordan, one of the lawyers for the Pivotal Group subsidiaries that operate Promontory. Founded by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. To explore Pivotal Group's full profile, request access. With our medalists, we see America at its best. 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. It shouldnt require pulling records from other states to reveal a possible connection to another company.. bG*aA wfmBB FP/v}. Their typical investments range from $25MM-$250MM. He is a board member of EastWest Institute, a global think-and-do Im honored to be among the 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. 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. Founded by F. Francis Najafi, Pivotal Group has invested in real estate assets and companies like Instastaff and Red Mountain Resort. 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. chosen a more deserving recipient of this award that celebrates Obtain the property report and read it before signing anything. The list of its authors can be seen in its historicaland/or the page Edithistory:Francis Najafi. He came to America from Iran to get an education and earned four degrees from three universities. 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. The company later acquired the France, Belgium, Switzerland and Quebec operations of Direct Group. The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. %PDF-1.4 % "We have been impressed with the artistic excellence, the strong leadership, and the financial stability of Ballet Arizona over the years," said Francis Najafi, Founder and CEO of Pivotal. Island Medal of Honor is sanctioned by the U.S. Congress and entered commitment to serving his community, both locally and internationally., The cultural diversity of our great nation is essential for Americas continuing to preserve the distinct values and rich heritage of their "Having finished his undergraduate study in engineering, Francis obtained two masters degrees from the American Graduate School . [17] In January 2022, Najafi gifted $25 million to Arizona State University and the Thunderbird International School of Business. The company asserts that its products are healthier and more environmentally-friendly than national brands. We see every color, [18][19][20] He was also awarded the Jonas Mayer Outstanding Alumnus Award from Thunderbird School of Global Management.[21]. Tri-Point Column in Carter Lake, Iowa. Arizona State Universitys Thunderbird School of Global Managementannounced plans today to educate 100 million learners by 2030, thanks to a historic $25 million donation. adding to the rich diversity and cultural hodgepodge that makes America immigrants significant contribution to this country than Francis The fact that Najafi was able to buy his own project back so cheaply is a reflection of the turbulence in credit markets. 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. Their largest recipient is Rep. Steve King (R-Iowa) with $25,700 in contributions. Another 1,500 building lots are available across a sprawling sagebrush-covered hill overlooking the ski town of Park City. Contact Tyler Rives 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. The group aired multiple television ads to attack Cherny, him a Washington, D.C. insider in another. (Photo by Wes Clowers). [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. DAN DELANEY. We look forward to providing you with even more cutting-edge market research, as Topio Networks. Quan, 602-373-2400. Pivotal Group's private equity arm focuses on middle-market companies and annual. 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. 0000001495 00000 n Professional Services . Written by Melissa Larsen. However, National Vista did something of note besides bankrolling a super PAC. Pivotal Private Equity Company Rankings Francis Najafi Board Member Mr. Najafi is the founder and Chief Executive Officer of Pivotal Group, a forty-year-old firm that actively invests in private equity and real estate. Justin Lanne and Sandy Alter of Grubb and Ellis represented the sellers . Najafi has referred to The Central Park as his "legacy project," creating something that is unique, long-lasting, and perhaps serving as a model for . 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. Pictured is a section of the Boise, Idaho skyline. 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 realestate@pivotalgroup.com, 3200 East Camelback Road Status. Phoenix, AZ 85018. 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. To request permission for commercial use, please contactus. After Sinema won the primary, the super PAC transferred $100,000 to. 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. 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. 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. Founder and Chief Executive Officer McCain. Sorry, we The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. Medal of Honor this year. This approach allows us to profit from the cyclical nature of the real estate market. 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 as of 2018 including Apple, WalMart and Coca-Cola. We want to make sure you get the most out of our platform. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. Script error: No such module "AfC topic". 0000003156 00000 n organization of its kind in the U.S., presented the award. . At USC, he began his entrepreneurial activities while a PhD candidate in International Political Economy. Najafi. degree in engineering followed by two Masters Degrees from Thunderbird The School of Global Management, and the University of Southern California (USC). [26] The company invested approximately $200 million to Jeff Berg's talent agency, Resolution, after Najafi negotiated the deal in 2013. [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. The bid fell through when Borders was liquidated. 6 36 Copyright 2021 Pars Equality Center. Thank you for your continued support. Pivotal Group and Trumpf Ventures lead significant investment in AI cybersecurity prediction platform . 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. Crowell previously served as an advisor to CYR3CON. 0 Hoovestol and Lucht did not respond to phone messages inquiring about DRT. individual achievement and encouragement of cultural unity at an awards 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. With these competitive advantages, we make swift decisions and close transactions with creative and mutually beneficial structures. VanderSloot was national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. 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. Restoring Arizonas Integrity made all of its independent expenditures $59,796 in the. his commitment to the ideals for which Thunderbird stands and his F. Francis Najafi, CEO of Pivotal Group, will join CYR3CON's Board of Directors which currently includes CEO Paulo Shakarian, CTO Jana Shakarian, and Dieter Kraft of Trumpf Ventures. This award embodies the ideals of freedom, tolerance and acceptance 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. They are headquartered in Phoenix, Arizona. The business wasted little time jumping into politics, giving $400,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) on Oct. 17, 2018. 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. committed graduates, not only in his professional career, but also for My wife and I think of education as part of your basic human rights. Michael Olsen Chief Financial Officer Globe Corp. Brad Parker Executive Vice President, West Region PNC Bank. But they dont appear to be on the same page politically. . 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. With more than 40 years of experience, Pivotal Group is an active investor across multiple asset classes, and today maintains a focus on Private Equity, Growth Equity, and Real Estate. We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. 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. The project was shopped to 80 potential investors, none of whom ventured a bid. where he earned a Bachelors Degree in Engineering in 1976. 0000063403 00000 n This unrestricted gift will support the production and operating costs that Ballet Arizona incurs to produce its six mainstage performances over the . Subscribe to see more. 0000175548 00000 n By the fourth year or earlier, the program will have expanded to Europe and Central Asia with 40 total languages. Learn more about theFrancis and Dionne Najafi 100 Million Learners Global Initiative. 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. Thunderbird Dean Sanjeev Khagram celebrates the launch of the 100 million learners international initiative with Francis and Dionne Najafi. The use of shell company contributions to super PACs is a growing trend that has captured the attention of government watchdogs. Francis Najafi has been working as a Chief Executive Officer at Pivotal Group for 18 years. The plan is for a phased approach. He has made such an amount from his various business. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. . Pivotal Group is a Phoenix, Arizona basedprivate equity financing firm. ", "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. 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. Najafi was also a founding partner of Social Venture . that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. Habib also got another $3,900 from the Iranian American PAC. Between 2015 and 2016, the group. diversity of the American people is what makes this nation great. Same platform but with new and improved features. No credit card required. Members pay hefty fees for golf and other amenities, including opulent lodges and a warehouse-sized horse stable. Pivotal Group Location 1934 Old Gallows Rd Ste 350, Tysons Corner, Virginia, 22182, United States Description Industry 20005. He was named to the Phoenix Business Journal's Forty under 40 list in 2001. A group of creditors who forced the bankruptcy said he stopped paying loans in December 2007. Read More sale of $100 million to $1 billion. 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 . This article "Francis Najafi" is from Wikipedia. Pivotal Group, Thunderbird The School of Global Management, Intelligent Assistance and Bots Ecosystem. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. 0000182369 00000 n [4][23][24][25] Najafi and Najafi Cos. also bid to buy The Boston Globe in 2013. 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[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! 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. 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! Najafi said he'll have to spend about $70 million before Promontory recovers. Not all apparent shell companies are necessarily dark money. We are grateful for their commitment to a borderless expansion of the opportunities that come with higher education.. www.vbprofiles.com is now www.topionetworks.com. Francis Najafi. Jahm Najafi is an Iranian-American businessman who runs a private-equity firm, Najafi 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. Global Capacity and Pivotal Group have now commenced seeking regulatory approvals and estimate the . 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. 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 . 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. The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. Mr. Najafi has received several honors including the Ellis Island Medal of Honor, the NCCJ Humanitarian Award, Thunderbird Alumni Association Distinguished Alumni Award for Achievement as an Entrepreneur, and was honored as a Thunderbird Global Leader with the unveiling of the Najafi Global Mindset Institute at Thunderbird School of Global Management. 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. Pivotal funds its investments with internally generated capital, allowing speed, flexibility, and patience to deliver todays most innovative products and services to the market and build industry leading companies and projects. 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. at His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. And in a $244,200 contribution to Paul Ryans joint fundraising committee. public service activities offered by the Urban Land Institute. This page was last edited on 17 November 2022, at 10:45. 0000161571 00000 n 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. "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. 0000001241 00000 n [2][3], Najafi was born in Isfahan, Iran in 1955. 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 . 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. Use the CB Insights Platform to explore Pivotal Group's full profile. 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. Global management certificate to be available at no cost, in 40 languages. 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. 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. a symbol of freedom and tolerance around the world, said Senator John 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. xb``Pd``qe```:01G"300284; SsjB'89\{ )Nwnsn(ijtd`;4lF@Nb+ fe`, r said Thunderbird President ngel Cabrera, Ph.D. Mr. As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal 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. "It was a most unusual agreement," said Richard Aaron, a retired University of Utah bankruptcy-law professor and Promontory's auctioneer.