It is unclear how DRT is funded and what the company does, outside of giving political contributions. In 1982, he founded Pivotal Group, a real estate opportunity fund. unwavering efforts to advance global business and global citizenship, [3], Najafi has a bachelor's degree in economics from the University of California, Berkeley. [3] Najafi led the company through the acquisitions of the Pert Plus shampoo brand and Sure deodorant brand from Procter & Gamble in 2006,[17][19] and Trend Homes Inc. in 2008,[20] Also in 2008, Najafi and Najafi Cos. purchased Direct Group, the parent company of the Book of the Month Club, Columbia House and BMG Music Service, from Bertelsmann AG, a German book publisher. %PDF-1.4 % Arizona State Universitys Thunderbird School of Global Managementannounced plans today to educate 100 million learners by 2030, thanks to a historic $25 million donation. They are headquartered in Phoenix, Arizona. [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. in the midst of the Arizona gubernatorial election between Doug Ducey and Fred DuVal. Equal Housing Opportunity. Suite 201, Sherman Oaks, CA 91403. [4] Upon graduation from ASU, he attended the Thunderbird School of Global Management and earned a Masters Degree in International Management in 1977. . 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. continuing to preserve the distinct values and rich heritage of their SnapNurse platform gets $15 million investment, $100 million credit Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. 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. The club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. that attract people from around the globe. [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. 0000170581 00000 n The National Ethnic Coalition of Organizations (NECO), the largest 0000181206 00000 n Global Capacity and Pivotal Group have now commenced seeking regulatory approvals and estimate the . 0000182369 00000 n Home - Pivotal Group Script error: No such module "AfC topic". (TGen); active in the Public Affairs Alliance of Iranian Americans 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. The project was shopped to 80 potential investors, none of whom ventured a bid. Pivotal Private Equity Leadership: Executives and Demographics 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. Subscribe to see more. [7], Najafi founded Pivotal Group in 1982. in 2012. In this case, the source of the money is Kovner, but it takes some digging to figure that out, and BK2s contributions arent always disclosed as such. Under the FECs current makeup, its debatable whether the agency would classify some of the above political contributors as shell companies at all. [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. Lee Iacocca, Rupert Murdoch and Barron Hilton. 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. Pivotal Private Equity Company Rankings said Thunderbird President ngel Cabrera, Ph.D. Mr. OpenSecrets Following the money in politics. To access all the content for free, please sign up by entering your email. (Melaleuca is a genus of trees from which tea tree oil is derived. 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. 0000004555 00000 n Professional Services . 20005. Pivotal Group is the largest investor in the startup company. 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. 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. Pivotal Group Acquires 21 Apartment Communities A similar address isnt the only piece of circumstantial evidence that appears to link Najafi to the apparent shell company. No federal or state agency has judged the merits or value, if any, of this property. Najafi Companies - Massinvestor Venture Capital and Private Equity Database Michael Olsen Chief Financial Officer Globe Corp. Brad Parker Executive Vice President, West Region PNC Bank. Mr. Najafi serves as a Board Member of several private companies. Thunderbird Dean Sanjeev Khagram celebrates the launch of the 100 million learners international initiative with Francis and Dionne Najafi. [8][9], Najafi has also been on the boards of directors of; The Quincy Institute for Responsible Statecraft,[10] Greater Phoenix Economic Council,[11] Phoenix Art Museum,[12] and EastWest Institute. My wife and I think of education as part of your basic human rights. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. 0000001908 00000 n He is also on the Board of Directors of the Quincy Institute, active in the Worlds Presidents Organization (WPO) and Chief Executives Organization (CEO). communities such as Promontory, an award-wining second-home community in [10], Najafi Companies (Najafi Cos.), a private-equity firm, was established in 2002. "It was a most unusual agreement," said Richard Aaron, a retired University of Utah bankruptcy-law professor and Promontory's auctioneer. AI Cyber Attack Prediction Platform CYR3CON Secures $8.2 Million 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. The honorees are remarkable Americans who exemplify outstanding He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. 8758 N Promontory Ranch Rd He previously served on the . 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. Photo by Samantha Chow/ASU News, Reporter , ASU News. that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. But they don't appear to be on the same page politically. Pivotal group gave $3,800. 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. [26] The company invested approximately $200 million to Jeff Berg's talent agency, Resolution, after Najafi negotiated the deal in 2013. ", "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. Francis Najafi is a '77 alum of Thunderbird, and his wife, Dionne, is an '06 alum. Pivotal Group Portfolio Investments, Pivotal Group Funds, Pivotal Group It makes investments with internal capital rather than raising funds from institutional investors, as is the industry norm. The Valley's Most Powerful Men2011 - Page 6 - AZFoothills.com Bush sits a large, reflective office building in an upscale shopping center at 2525 E Camelback Road. F. Francis Najafi is Founder and Chief Executive Officer of Pivotal Group, a thirty-year-old investment firm with extensive experience in private equity investments, and all major real estate product types. where he earned a Bachelors Degree in Engineering in 1976. Mr. Najafis interest and commitment to community service spans the Tottenham takeover - Who is Jahm Najafi? Businesses, success with Unlike other MLM companies, products are sold online and shipped directly to the consumer. . 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 Pivotal Group backs SnapNurse | PE Hub Jahm Najafi is an Iranian-American businessman who runs a private-equity firm, Najafi Companies. 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. Pivotal Group Company Profile | Management and Employees List 0000182073 00000 n We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. Request a free trial. Title. Park City, Utah. 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. Phoenix, AZ 85018. 2023 Promontory Club. Sign up for our newsletter to track moneys influence on U.S. elections and public policy. Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. Group is a diversified investment company primarily focused on private Pivotal Group, based in Phoenix, provided SnapMedTech with a $15 million growth equity investment and a $100 million credit facility at the end of 2020. Thank you for accessing our content on the Topio Networks Market Intelligence Center. xref The company made another contribution $10,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) two weeks before election day. Francis Najafi is founder of Pivotal. In 2014, DPUS gave another $55,000 to the super PAC, which swiftly. [28][29][30][31], In 2017, Najafi bid for ownership of Time Inc. through his company, Najafi Cos. Time is the owner of publications including Sports Illustrated, Fortune and People. 0000063403 00000 n Thirty years ago, Najafi founded Pivotal Group, one of the Valley's top investment companies. 0000007266 00000 n 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 . But they dont appear to be on the same page politically. DC 0000176450 00000 n We empirically evaluate markets and asset classes allowing us to effectively anticipate market movements. Developer Story - Promontory Club Park City UT [18], In 2003, Najafi, through Najafi Cos., purchased Network Solutions from Verisign Inc. for $20 million. www.vbprofiles.com is now www.topionetworks.com. He is also a partial owner and vice chairman of the Phoenix Suns NBA team. ceremony this past weekend in the historic Great Hall on Ellis Island. "There is no question in my mind that the economy will recover.". 0000156504 00000 n F. Francis Najafi - ceo - pivotal group | LinkedIn Headquarters 1934 Old Gallows Rd Ste 350, Tysons Corner, Virginia, 22182, United States (703) 752-6178 Pivotal Group Profile and History Established in 1985, Pivotal Group is an investment company that focuses on private equity and real estate. - F. Francis Najafi, CEO of Pivotal Group. With our medalists, we see America at its best. Credit Suisse had matched Najafi's $30 million bid at an auction on Wednesday but, unable to raise even that amount, it withdrew the bid a day later. Before becoming CEO of Pivotal Private Equity and partner and COO of the parent company, The Pivotal Group, which he headed with his brother, Francis Najafi, Najafi worked for Salomon Brothers, a Wall Street firm that later joined Citigroup. Jahm Najafi - Wikipedia and real estate. AI-Driven Cybersecurity Prediction Company CYR3CON Closes $8.2 Million Health Care. Global Capacity Announces Acquisition by Pivotal Group - PR Newswire 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 . It shouldnt require pulling records from other states to reveal a possible connection to another company.. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. Najafi was also a founding partner of Social Venture . The main office of represented VC is situated in the Phoenix. ), Both releases use identical wording in several instances and note the exact same findings. And in a $244,200 contribution to Paul Ryans joint fundraising committee. organization of its kind in the U.S., presented the award. Francis Najafi - SourceWatch PHOENIX--(BUSINESS WIRE)--F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, was The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. 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 The company makes investments in companies with transaction value up to $1 billion and holds investments from five to ten years. 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. 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. Mr. Najafi serves as a Board Member of several private companies. VanderSloot was national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. Park City, UT 84098. Top Maricopa election official launched PAC in 2021 to stop Republican realestate@pivotalgroup.com, 3200 East Camelback Road The club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. The only link to National Vista on the internet is an. [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!