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It makes investments with internal capital rather than raising funds from institutional investors, as is the industry norm. [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. Mr. Najafi is one of six Iranian-Americans to receive the Ellis Island 0000181689 00000 n Najafi, head of the company, invests only his own capital. 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 . HSn@}G)_!UQ0B`%NpNZWb93350.HB$]>f8F^z^Sk6(`Sr\\L\G ZpL,Gqi Drawn by the unrealized potential of well-managed, middle-market companies with unique assets, Pivotal Group entered the private equity market in 2002. Script error: No such module "Draft topics". Pivotal group gave $3,800. 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. 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. July 14, 2020 10:10 AM Eastern Daylight Time. Not all so-called shell corporations are as easy to trace. The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. 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. Use the CB Insights Platform to explore Pivotal Group's full profile. Francis Najafi is an Iranian-American businessman and investor. Notable deals. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. DRA Strategic CommunicationsDenise D. Resnik, 602-956-8834Nick He is also a partial owner and vice chairman of the Phoenix Suns NBA team. The list of its authors can be seen in its historicaland/or the page Edithistory:Francis Najafi. The company made another contribution $10,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) two weeks before election day. organization of its kind in the U.S., presented the award. 0000161571 00000 n Our target properties include full-service hotels and resorts; office, multifamily, and mixed-use projects; and master-planned residential communities. 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. Request a free trial. 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. Najafi was also a founding partner of Social Venture . Read More sale of $100 million to $1 billion. Not all apparent shell companies are necessarily dark money. Francis is much more prolific and conservative. Our most important investment criterion is an outstanding management team. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. The architecturally diverse structures would allow family members to engage in their individual pursuits and gather for joint recreation and celebration. The Ellis Island Medals of Honor pay tribute to the ancestry groups that Two Thunderbird alumni, Francis and Dionne Najafi, donated $25 million to launch the initiative, the largest gift since Thunderbird joined ASU. 0000001495 00000 n Francis Najafi is founder of Pivotal. 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. 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. 0000008522 00000 n 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. Contact Tyler Rives "Having finished his undergraduate study in engineering, Francis obtained two masters degrees from the American Graduate School . economic prosperity and human development around the world.. Lee Iacocca, Rupert Murdoch and Barron Hilton. 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. This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. 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. 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. "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. 0000176450 00000 n 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. 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. 0000001016 00000 n 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. leading telecommunications information and logistics company, and has 0000004555 00000 n . He was named to the Phoenix Business Journal's Forty under 40 list in 2001. 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. 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. [2] [3] Contents 1 Early life and education 2 Career 3 Philanthropy and recognition 4 Personal life 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 He runs Najafi Companies, a Phoenix-based private-equity firm, and is partial owner of the Phoenix Suns NBA team. Want first access to OpenSecrets' investigations and data features? Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. We work across a diverse range of industries, including telecommunications, technology, media, aerospace, consumer, and business services. This page was last edited on 17 November 2022, at 10:45. 0000181206 00000 n xb``Pd``qe```:01G"300284; SsjB'89\{ )Nwnsn(ijtd`;4lF@Nb+ fe`, r . unwavering efforts to advance global business and global citizenship, 0000170314 00000 n F HmQ:!3%=9 Mr. Najafi completed his B.S. Unlike other MLM companies, products are sold online and shipped directly to the consumer. 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. Written by Melissa Larsen. Page 6 of 9. Pivotal Private Equity has 2,525 employees, of which 5 are in a . [17] In January 2022, Najafi gifted $25 million to Arizona State University and the Thunderbird International School of Business. Pivotal Private Equity Company Rankings F. Francis Najafi is founder and CEO of Pivotal Group, a leading investment company focused on private equity and real estate. [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. 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.. But they don't appear to be on the same page politically. [10], Najafi Companies (Najafi Cos.), a private-equity firm, was established in 2002. Subscribe to see more. 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. Our private mountain club began in 2001, when the world was introduced to the vision of Promontory by an uncompromising developer with extensive experience in building communities and providing high-end hospitality. We invest in later-stage venture capital and growth equity opportunities in order to help generate notable growth over time. The National Ethnic Coalition of Organizations (NECO), the largest 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. 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. 0000001241 00000 n Professional Services . into the Congressional Record. 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! Fund a NeedBecome a SponsorBecome a Volunteer, Phone: (408) 297-6700Fax: (408) 261-6401 Email: info@parsequalitycenter.orgAddress: 1635 The Alameda, San Jose, CA 95126, Phone: (818) 616-3091 Fax: (818) 616-3092 Address: 4954 Van Nuys Blvd. Their largest recipient is Rep. Steve King (R-Iowa) with $25,700 in contributions. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. Name. 0000155666 00000 n Company: Industry: Round Size: Date: Investors: Location: SnapNurse. qualities in both their personal and processional lives, while 0000061585 00000 n Washington, Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. 0 As an immigrant some five decades ago, I learned the value of education. Pivotal Group is a leading investment and development company with primary concentration on all real estate asset classes. . Francis Najafi is owner of The Pivotal Group, a long-time Phoenix businessman and philanthropist. Script error: No such module "AfC topic". The certificate will be covered by full scholarships, thus at no cost to learners. 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 . [18], In 2003, Najafi, through Najafi Cos., purchased Network Solutions from Verisign Inc. for $20 million. Francis Najafi. At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. It is unclear how DRT is funded and what the company does, outside of giving political contributions. every race from so many walks of life, together, celebrating the magic Najafi holds an In 1982 he founded Pivotal Group, a real estate opportunity fund with uncanny market timing and wisdom. 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. Work History. We have the expertise to assess complex investment opportunities. Island Medal of Honor is sanctioned by the U.S. Congress and entered There is a large body of people around the world who have no access to education, Francis Najafi said. Sorry, we 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. Mr. Najafi serves as a Board Member of several private companies. 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. And former NSA Deputy Director Bill Crowell will also join the board. 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. Global Capacity and Pivotal Group have now commenced seeking regulatory approvals and estimate the . 20005. The United States is a country of immigrants, each group of people F. Francis Najafi CEO Pivotal Group. 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. 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. for all of its filings, including its FEC filing. A truck leasing company in a small Iowa town is one of several companies linked to nondisclosed dark money contributions during the 2018 election cycle. One dark money trail leads to Carter Lake, Iowa, population 3,785. that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. 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. . 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. 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. Crowell previously served as an advisor to CYR3CON. 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. . to learn more. DAN DELANEY. Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. property in San Francisco, the Phoenix Ritz-Carlton; and developing DPUS didnt limit its political giving to federal elections. abiding respect and understanding of other cultures, high ethical Pivotal's Private Equity practice, which is traditionally oriented around full buyouts. For example, BK2 Holdings, a Princeton Junction, New Jersey-based company that. Jahm Najafi is an Iranian-American businessman who runs a private-equity firm, Najafi Companies. (Photo by Wes Clowers). recipients who represent all sectors and cultures in our society.. 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 National Ethnic Coalition of Organizations could not have Thunderbird has touched more than 2 million learners in its 75-year history, said Thunderbird Director General and Dean Sanjeev Khagram. Francis is much more prolific and conservative. 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. 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. [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. "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. Suite 201, Sherman Oaks, CA 91403. A member of the franchise system of BHH Affiliates, LLC. [7], Najafi founded Pivotal Group in 1982. [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. 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. In 1982, he founded Pivotal Group, a real estate opportunity fund. He is also on the Board of Directors of the Quincy Institute, active in the Worlds Presidents Organization (WPO) and Chief Executives Organization (CEO). "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. Some of these LLCs, such as DRT, LLC, are easier to track than others. "My wife and I think of education as part of your basic human rights. 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. Suburbs, big cities and even small towns are home to corporations created primarily to conceal the true source of money flowing to super PACs that spend millions of dollars to influence elections. As an immigrant some five decades ago, I learned the value of education. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. Justin Lanne and Sandy Alter of Grubb and Ellis represented the sellers . Francis Najafi has been working as a Chief Executive Officer at Pivotal Group for 18 years. Hoovestol and Lucht did not respond to phone messages inquiring about DRT. The Najafi Companies is an entrepreneurially driven private investment firm founded by Jahm Najafi in 2002. Flooding changed the course of the river in 1897 leaving a two-mile square piece of Iowa forever marooned in Nebraska. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 Founded by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. As one of the leading Iranian-American entrepreneurs in the 0000003867 00000 n ancestors. Instastaff is a startup business that provides staffing to business customers seeking shift employees. The business wasted little time jumping into politics, giving $400,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) on Oct. 17, 2018. Francis Najafi, founder of Pivotal Group, announced the acquisition on behalf of a joint venture between an institutional investor and Pivotal Group. acquired and sold Network Solutions, a leading provider of Web-based , VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. We seek to identify new strategic investments in established companies to create significant value over time. Francis Najafi is an Iranian-American businessman and investor. public service activities offered by the Urban Land Institute. 0000161708 00000 n He came to America from Iran to get an education and earned four degrees from three universities. standards, and a firm belief that business can be a powerful source of in 2017, is clearly linked to billionaire GOP donor Bruce Kovner in several ways. www.vbprofiles.com is now www.topionetworks.com. In 1972, Najafi moved to Arizona where he attended Arizona State University. [2][3], Najafi was born in Isfahan, Iran in 1955. awarded the Ellis Island Medal of Honor for outstanding citizenship, privateequity@pivotalgroup.com, Contact Richard Garner 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 . Francis Najafi (Pivotal Group), Dionne Najafi, Leila Ghaffani, Shaygan Kheredpir and and Abdi Soltani (ACLU - American Civil Liberties Union of Northern California) pose for a photograph at the PARS Equality Center 4th Annual Nowruz Gala at Marriott Waterfront Burlingame Hotel on March 8, 2014 in Burlingame, California. So-called dark money contributions come from a diverse cross-section of the American landscape. 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. Habib also got another $3,900 from the Iranian American PAC. 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. 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. Suite 295 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. Democratic primary to oppose Andrei Cherny, who would go on to lose to Sinema during her first successful bid for the House. Ellis Island is the gateway Founded by F. Francis Najafi, Pivotal Group has invested in real estate assets and companies like Instastaff and Red Mountain Resort. For more information, visit. Opposing bids came from former Warner Music Group executive Edgar Bronfman Jr., Iowa-based company Meredith Corporation, and private equity firm Pamplona Capital Management. Subscribe to see more. 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. 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. , and they look to take control positions in companies. He is also a graduate of Thunderbird School of Global Management ('77) as is his wife. Richer's PAC had $69,761 in total expenditures, with $45,000 going to Defending Arizona Values, a campaign launched by Arizona Democrat Rep. Ann Kirkpatrick. 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. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 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. [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. adding to the rich diversity and cultural hodgepodge that makes America Iranian-American investors who happen to be politically active. 0000001908 00000 n The Najafi Thunderbird Global Initiative is educational inclusion, innovation and impact at a worldwide scale, Khagram said. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. 0000156916 00000 n 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. This unrestricted gift will support the production and operating costs that Ballet Arizona incurs to produce its six mainstage performances over the . Based on our data team's research, Jahm Najafi is the Pivotal Private Equity's CEO.