"Integrity is your word, your character and the foundation for all future endeavors. VanderSloot was, national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. and real estate. Subscribe to see more. But they don't appear to be on the same page politically. 0000176450 00000 n Dan Mahoney, co-chair of Snell & Wilmer's Venture Capital and Private Equity Industry Group. Thank you for accessing our content on the Topio Networks Market Intelligence Center. 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. Learn more about theFrancis and Dionne Najafi 100 Million Learners Global Initiative. . The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. [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. The purpose of disclosure is to allow people to know immediately upon looking at an FEC report who the contributors are. ceremony this past weekend in the historic Great Hall on Ellis Island. The Ellis We work across a diverse range of industries, including telecommunications, technology, media, aerospace, consumer, and business services. 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. 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 . Najafi kept operations going during a yearlong bankruptcy. Thank you for your continued support. We have the expertise to assess complex investment opportunities. The sale was approved by U.S. Bankruptcy Judge Judith Boulden. realestate@pivotalgroup.com, 3200 East Camelback Road [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. It shouldnt require pulling records from other states to reveal a possible connection to another company.. All rights reserved. NAJAFI, FRANCIS PHOENIX, AZ 85018: Pivotal Group/Pivotal Group/Ceo: $2,800: 11/08/2019: P: DEBBIE LESKO FOR CONGRESS - Republican: NAJAFI, FRANCIS PHOENIX . The courses, which include subjects such as global leadership, customer experience and global entrepreneurship, launch in April. commitment to serving his community, both locally and internationally., The cultural diversity of our great nation is essential for Americas Pictured is a section of the Boise, Idaho skyline. Phoenix, AZ 85018. Copyright 2009 Associated Press. Obtain the property report and read it before signing anything. (Photo by Joe Jaszewski for The Washington Post via Getty Images). 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. He was drawn to an entrepreneurial culture, worked with Ed Robson of Robson Communities in the 1980's, and then joined Francis Najafi, Founder of Pivotal Group, as a partner in real estate investment. Habib also got another $3,900 from the Iranian American PAC. By the fourth year or earlier, the program will have expanded to Europe and Central Asia with 40 total languages. in 2017, is clearly linked to billionaire GOP donor Bruce Kovner in several ways. Pivotal Group is a Phoenix, Arizona basedprivate equity financing firm. 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. However, National Vista did something of note besides bankrolling a super PAC. Suite 295 Francis Najafi has been working as a Chief Executive Officer at Pivotal Group for 18 years. 0000003204 00000 n Chief Executive Officer. 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. PHOENIX--(BUSINESS WIRE)--F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, was 0000002534 00000 n Chief Executive Officer @ Pivotal Group Preparing Francis profile View Francis's Email & Phone (It's Free) 5 free lookups per month. [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! Their typical investments range from $25MM-$250MM. Based on our data team's research, Jahm Najafi is the Pivotal Private Equity's CEO. (Melaleuca is a genus of trees from which tea tree oil is derived. (PAAIA), a leading Iranian philanthropic institution; and governor of 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. Najafi said he'll have to spend about $70 million before Promontory recovers. The main office of represented VC is situated in the Phoenix. 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. 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. Mr. Najafi serves as a Board Member of several private companies. F HmQ:!3%=9 <<7E07F676488E4E4DB696AADCB8495A3F>]>> Though the source of DRTs funding is muddy, it appears to have a relatively obvious link to Hoovestols businesses. "It was a most unusual agreement," said Richard Aaron, a retired University of Utah bankruptcy-law professor and Promontory's auctioneer. Jackie Pelham Global Business Leader W. L. Gore & Associates Inc. Glenn Rufrano Community Member. , which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. Jamshid Jahm Najafi (born March 1963)[1] is an Iranian-American billionaire[2] businessman. 0000155666 00000 n [10], Najafi Companies (Najafi Cos.), a private-equity firm, was established in 2002. For more information, visit www.pivotalgroup.com. VanderSloot was national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. Read More sale of $100 million to $1 billion. PHOENIX, AZ - Pivotal Group, Inc., announced the successful acquisition of 21 apartment communities located in Midland, Odessa and Longview, Texas totaling over 3,200 units. Najafi said he believes sales will pick up in a year or two, making Promontory viable again. at At USC, he began his entrepreneurial activities while a PhD candidate in International Political Economy. [9], He serves as partial owner and vice chairman of the Phoenix Suns professional basketball team[4][13] and a governor on the board of the National Basketball Association. Thunderbird has touched more than 2 million learners in its 75-year history, said Thunderbird Director General and Dean Sanjeev Khagram. [5], In May 2011, Najafi received the Ellis Island Medal of Honor for outstanding citizenship, individual achievement, and encouragement of cultural unity. 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. Im honored to be among the DPUS didnt limit its political giving to federal elections. He has made such an amount from his various business. A group of creditors who forced the bankruptcy said he stopped paying loans in December 2007. At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. 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. Later he broadened Pivotal Group's mandate, successfully investing in private equity and growth venture opportunities. And in a $244,200 contribution to Paul Ryans joint fundraising committee, BK2 Holdings is listed as a partnership that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. [17] In January 2022, Najafi gifted $25 million to Arizona State University and the Thunderbird International School of Business. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 HSn@}G)_!UQ0B`%NpNZWb93350.HB$]>f8F^z^Sk6(`Sr\\L\G ZpL,Gqi The group aired multiple television ads to attack Cherny, him a Washington, D.C. insider in another. We seek to identify new strategic investments in established companies to create significant value over time. The company made another contribution $10,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) two weeks before election day. Pivotal's Private Equity practice, which is traditionally oriented around full buyouts. 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. [3][4][10][17], In December 2020, Najafi was announced as the next vice-chairman of McLaren Racing, a Formula One constructor. [2][3], Najafi was born in Isfahan, Iran in 1955. Pivotal Private Equity has 2,525 employees, of which 5 are in a . Najafi insisted the bankruptcy was not his doing. He is also a partial owner and vice chairman of the Phoenix Suns NBA team. 0000001318 00000 n 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. Script error: No such module "AfC topic". 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. Subscribe to see more. ), 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. to learn more. 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. in the midst of the heated Senate election between Democrat Kyrsten Sinema and Republican Martha McSally. 0000001908 00000 n Democratic primary to oppose Andrei Cherny, who would go on to lose to Sinema during her first successful bid for the House. With these competitive advantages, we make swift decisions and close transactions with creative and mutually beneficial structures. 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. xb``Pd``qe```:01G"300284; SsjB'89\{ )Nwnsn(ijtd`;4lF@Nb+ fe`, r The business wasted little time jumping into politics, giving $400,000 to the Mitch McConnell-aligned, The funders behind National Vista did a good job concealing their identities, using the address of the companys registered agent. 0000061585 00000 n through which more than 12 million immigrants passed in their quest for All Rights Reserved. Complete the form or call 435.333.4600 to learn more about this property. The United States is a country of immigrants, each group of people To access all the content for free, please sign up by entering your email. We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. We want to make sure you get the most out of our platform. Like Education Secretary Betsy DeVos, of the. DRA Strategic CommunicationsDenise D. Resnik, 602-956-8834Nick By the second year, the program will be expanded across Africa, the Middle East, Asia and Latin America to at least 25 languages. 0000063403 00000 n 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. 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. And in a $244,200 contribution to Paul Ryans joint fundraising committee. 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. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. Website by Needlestack. Pivotal Group Inc. completes a joint venture acquisition of 21 communities in Texas; NewGate Capital introduces a new fund aimed at the redevelopment of mixed-use projects in Central Florida; and . After Sinema won the primary, the super PAC transferred $100,000 to. Global management certificate to be available at no cost, in 40 languages. DPUS didnt limit its political giving to federal elections. No federal or state agency has judged the merits or value, if any, of this property. Mr. Najafi completed his B.S. 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. 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. 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. This article "Francis Najafi" is from Wikipedia. By using this website you consent to the use of cookies. [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 CEO c5753ccd5d71c0 9d6ee09b348272075e14599 17ce51b948cc 7cdd6cbe9cddd078a. Status. Jahm Najafi is an Iranian-American businessman who runs a private-equity firm, Najafi Companies. 0000161571 00000 n This approach allows us to profit from the cyclical nature of the real estate market. 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. 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. 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. "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. [5][6], Najafi continued his education at the University of Southern California where he worked as a Teachers Assistant (197779) while completing a Masters Degree in International Relations and his Ph.D. candidacy in the International Political Economy program. Pivotal Private Equity Company Rankings for all of its filings, including its FEC filing. Two Thunderbird alumni, Francis and Dionne Najafi, donated $25 million to launch the initiative, the largest gift since Thunderbird joined ASU. Francis Najafi is founder of Pivotal. "Having finished his undergraduate study in engineering, Francis obtained two masters degrees from the American Graduate School . 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 Presidents Organization (WPO) and Chief Executives Organization (CEO). Current. 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. %PDF-1.4 % Francis Najafi is one of Thunderbirds most notable, successful and 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. - F. Francis Najafi, CEO of Pivotal Group. Top image: Thunderbird School of Global Management headquarters in downtown Phoenix. The National Ethnic Coalition of Organizations (NECO), the largest that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. 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. NECO was created in 1984 on the conviction of its founders that the 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. F. Francis Najafi is founder and CEO of Pivotal Group, a leading investment company focused on private equity and real estate. We have the expertise to assess complex investment opportunities. a symbol of freedom and tolerance around the world, said Senator John Promontory, valued at $560 million before the recession took hold a year ago, was sold for just $30 million to a developer who walked away from $350 million in loans packaged by Credit Suisse and sold to hedge funds and other investors. For example, BK2 Holdings, a Princeton Junction, New Jersey-based company that. 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. In 2014, DPUS gave another $55,000 to the super PAC, which swiftly. 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. 6 36 A Credit Suisse spokesman didn't dispute the loss but wouldn't comment. [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. Same platform but with new and improved features. his commitment to the ideals for which Thunderbird stands and his One dark money trail leads to Carter Lake, Iowa, population 3,785. 0000007266 00000 n 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. organization of its kind in the U.S., presented the award. Dallas-based Highland Capital Management, a hedge fund that owns about 40 percent of the loans, didn't return calls from The Associated Press. www.vbprofiles.com is now www.topionetworks.com. 0000170314 00000 n He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California.
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