Pivotal group gave $3,800. Complete the form or call 435.333.4600 to learn more about this property. Learn about Article Alert. said Thunderbird President ngel Cabrera, Ph.D. Mr. 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. 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. Sorry, we In 1982, he founded Pivotal Group, a real estate opportunity fund. The architecturally diverse structures would allow family members to engage in their individual pursuits and gather for joint recreation and celebration. ", "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. Script error: No such module "AfC topic". economic prosperity and human development around the world.. xb``Pd``qe```:01G"300284; SsjB'89\{ )Nwnsn(ijtd`;4lF@Nb+ fe`, r At its inception, the firm capitalized on profitable market niches by acquiring, developing and managing investment grade commercial real estate properties in the Southwest. This unrestricted gift will support the production and operating costs that Ballet Arizona incurs to produce its six mainstage performances over the . Founded by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. 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. tank; a trustee and alumnus of Thunderbird School of Global Management; The funders behind National Vista did a good job concealing their identities, using the address of the companys registered agent Morris Bower & Haws for all of its filings, including its FEC filing. North of downtown, in an affluent suburb near the Biltmore Golf Club played by presidents Eisenhower, Kennedy, Johnson, Nixon, Ford and George H.W. Medal of Honor this year. 0000182369 00000 n communities such as Promontory, an award-wining second-home community in Not all apparent shell companies are necessarily dark money. Professional Services . "It was a most unusual agreement," said Richard Aaron, a retired University of Utah bankruptcy-law professor and Promontory's auctioneer. And in a $244,200 contribution to Paul Ryans joint fundraising committee. to learn more. [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! 0000063403 00000 n [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. 0000001241 00000 n We do not acquire companies from management teams; we partner with them. 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). Our target properties include full-service hotels and resorts; office, multifamily, and mixed-use projects; and master-planned residential communities. Read More sale of $100 million to $1 billion. 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. a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. Francis Najafi. Francis Najafi Phone Number Found 3 phone numbers: 602625XXXX 602-956-XXXX . Not all apparent shell companies are necessarily dark money. To access all the content for free, please sign up by entering your email. Francis Najafi, founder of Pivotal Group, announced the acquisition on behalf of a joint venture between an institutional investor and Pivotal Group. 0000005917 00000 n DC 41 0 obj <>stream xref 0000175548 00000 n Notable deals. Park City, Utah. [2][3], Najafi was born in Isfahan, Iran in 1955. Mr. Founded by F. Francis Najafi, Pivotal Group has invested in real estate assets and companies like Instastaff and Red Mountain Resort. Pivotal Group appeared to be the VC, which was created in 1982. Work History. Download Full Image. DRA Strategic CommunicationsDenise D. Resnik, 602-956-8834Nick Dallas-based Highland Capital Management, a hedge fund that owns about 40 percent of the loans, didn't return calls from The Associated Press. Thirty years ago, Najafi founded Pivotal Group, one of the Valley's top investment companies. Pivotal Private Equity has 2,525 employees, of which 5 are in a . 0000007266 00000 n He currently serves as Chairman of the Board of NxSystems. 0000176450 00000 n We look forward to providing you with even more cutting-edge market research, as Topio Networks. every race from so many walks of life, together, celebrating the magic 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. In 2014, DPUS gave another $55,000 to the super PAC, which swiftly. In addition to his professional success, this father of . 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. 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. His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. "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. Najafi, head of the company, invests only his own capital. 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. Access to higher education and the need for equity and inclusion is one of a global scale, ASU President Michael Crow said. Their largest recipient is Rep. Steve King (R-Iowa) with $25,700 in contributions. This page was last edited on 17 November 2022, at 10:45. , which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. 0000170314 00000 n 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. We have the expertise to assess complex investment opportunities. As one of the leading Iranian-American entrepreneurs in the 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 . Najafi Companies did not respond to a request for comment on any potential connection with DPUS. 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. The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. With these competitive advantages, we make swift decisions and close transactions with creative and mutually beneficial structures. Under the FECs current makeup, its debatable whether the agency would classify some of the above political contributors as shell companies at all. The Najafi Companies is an entrepreneurially driven private investment firm founded by Jahm Najafi in 2002. Use the CB Insights Platform to explore Pivotal Group's full profile. 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. Prominent holdings include Los Angeles' Century Plaza Hotel and the Ritz-Carlton in Phoenix. Internet Explorer presents a security risk. Francis Najafi is owner of The Pivotal Group, a long-time Phoenix businessman and philanthropist. 0000061585 00000 n Later he broadened Pivotal Group's mandate, successfully investing in private equity and growth venture opportunities. 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 company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. Chief Executive Officer @ Pivotal Group Preparing Francis profile View Francis's Email & Phone (It's Free) 5 free lookups per month. All prices, incentives, locations, descriptions, options, and terms are subject to change without notice. This material may not be published, broadcast, rewritten, or redistributed. services. [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. The group aired multiple television ads to attack Cherny, comparing him to Newt Gingrich in one ad and labeling him a Washington, D.C. insider in another. Washington, Pivotal Group and Trumpf Ventures lead significant investment in AI cybersecurity prediction platform . 0000003204 00000 n The plan is for a phased approach. The project was shopped to 80 potential investors, none of whom ventured a bid. , many of which use the same Iowa address. A member of the franchise system of BHH Affiliates, LLC. , VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. He is also a graduate of Thunderbird School of Global Management ('77) as is his wife. degree in engineering followed by two Masters Degrees from Thunderbird The School of Global Management, and the University of Southern California (USC). DPUS didnt limit its political giving to federal elections. Najafi insisted the bankruptcy was not his doing. ancestors. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. 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. 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. . That is so unique to Thunderbird.. Hoovestol and Lucht did not respond to phone messages inquiring about DRT. The sale was approved by U.S. Bankruptcy Judge Judith Boulden. Unlike other MLM companies, products are sold online and shipped directly to the consumer. In 2007, it sold Network Solutions to General Atlantic for $800 million. The honorees are remarkable Americans who exemplify outstanding 0000155666 00000 n immigrants significant contribution to this country than Francis 0000001742 00000 n Im honored to be among the Hakuziyaremye said Africans across the continent will be able to access a world-class global education. "Integrity is your word, your character and the foundation for all future endeavors. At its inception, the firm capitalized on profitable market niches by acquiring,. ), 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. Visit www.NECO.org Equal Housing Opportunity. 0000182073 00000 n Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal Arizona State Universitys Thunderbird School of Global Managementannounced plans today to educate 100 million learners by 2030, thanks to a historic $25 million donation. It makes investments with internal capital rather than raising funds from institutional investors, as is the industry norm. Subscribe to see more. Iranian-American investors who happen to be politically active. [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 CEO And Executives - Learn more about Pivotal Private Equity CEO Jahm Najafi and key people by exploring the management team. Their typical investments range from $25MM-$250MM. Between 2015 and 2016, the group. He came to America from Iran to get an education and earned four degrees from three universities. "There is no question in my mind that the economy will recover.". The first contribution was refunded, while Blue Magnolia Investments contribution was re-attributed to Berkshire Hathaway Automotive CEO Larry Van Tuyl, signaling that shedding light on these straw donors can force real disclosure. a symbol of freedom and tolerance around the world, said Senator John NECO was created in 1984 on the conviction of its founders that the that is America, said Nasser J. Kazeminy, Chairman of NECO. The Promontory vision guided the creation of the development of unique club structures harmonious with the land. 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. So-called dark money contributions come from a diverse cross-section of the American landscape. There is a large body of people around the world who have no access to education, Francis Najafi said. 0000001495 00000 n Bush sits a large, reflective office building in an upscale shopping center at 2525 E Camelback Road. 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. 0000001318 00000 n Najafi holds an "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. Jamshid Jahm Najafi (born March 1963)[1] is an Iranian-American billionaire[2] businessman. his commitment to the ideals for which Thunderbird stands and his Najafi worked for Salomon Brothers 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 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. The National Ethnic Coalition of Organizations (NECO), the largest Pivotal Group leads significant growth equity investment in SnapNurse, an on-demand healthcare staffing platform . 0000004555 00000 n 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. 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 Group is a Phoenix, Arizona basedprivate equity financing firm. 6 36 Our most important investment criterion is an outstanding management team. He was named to the Phoenix Business Journal's Forty under 40 list in 2001. Written by Melissa Larsen. Justin Lanne and Sandy Alter of Grubb and Ellis represented the sellers . It also doesnt mind giving identical contributions to the same group in multiple increments, as various branches of the company gave a total of four $250,000 contributions to anti-Obama super PAC Restore Our Future in 2011. committed graduates, not only in his professional career, but also for July 14, 2020 10:10 AM Eastern Daylight Time. [7], Najafi founded Pivotal Group in 1982. [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. commitment to serving his community, both locally and internationally., The cultural diversity of our great nation is essential for Americas