Pivotal Group is the largest investor in the startup company. If youd like to learn more or opt-out, please. 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. Jahm Najafi and his wife Cheryl have given $186,890 to Democratic groups and candidates since 1992, including $5,400 to Sinema in 2018. The National Ethnic Coalition of Organizations could not have 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. 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. 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. The Ellis 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 . 0000176450 00000 n He has made such an amount from his various business. . 6 36 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. [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. [4][23][24][25] Najafi and Najafi Cos. also bid to buy The Boston Globe in 2013. Quan, 602-373-2400. 0000063403 00000 n F. Francis Najafi is the American Dream come to life. Later he broadened Pivotal Group's mandate successfully investing in private equity and . www.vbprofiles.com is now www.topionetworks.com. Read More sale of $100 million to $1 billion. Locally, Mr. Najafi serves, on the Board of Directors of Sandra Day OConnor Institute, is a Cabinet Member of the Presidents Club at Arizona State University, a Board Member Emeritus and Capital Campaign Chair of Arizona Science Center, and serves on ASUs W.P. A Melaleuca representative expressed an interest in making a comment but did not do so by press time on Tuesday. 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. The company made another contribution $10,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) two weeks before election day. [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! The Promontory vision guided the creation of the development of unique club structures harmonious with the land. said Thunderbird President ngel Cabrera, Ph.D. Mr. As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. At its inception, the firm capitalized on profitable market niches by acquiring, developing and managing investment grade commercial real estate properties in the Southwest. His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. Eventually, the initiative will be available for learners worldwide, reaching the goal of 100 million learners. Francis Najafi CEO c5753ccd5d71c0 9d6ee09b348272075e14599 17ce51b948cc 7cdd6cbe9cddd078a. For more information, visit. The United States is a country of immigrants, each group of people DPUS didnt limit its political giving to federal elections. Arizona State Universitys Thunderbird School of Global Managementannounced plans today to educate 100 million learners by 2030, thanks to a historic $25 million donation. ), Both releases use identical wording in several instances and note the exact same findings. (PAAIA), a leading Iranian philanthropic institution; and governor of The federal-level Iranian American PAC has received $15,000 from Francis Najafi, while the groups state-level, in the 2016 election cycle and another $2,500 from the Jahm Najafi-owned, 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. The only link to National Vista on the internet is an. 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. Mr. Najafis interest and commitment to community service spans the "It was a most unusual agreement," said Richard Aaron, a retired University of Utah bankruptcy-law professor and Promontory's auctioneer. Mr. Najafi serves as a Board Member of several private companies. 0000170581 00000 n (TGen); active in the Public Affairs Alliance of Iranian Americans The company asserts that its products are healthier and more environmentally-friendly than national brands. Not all apparent shell companies are necessarily dark money. [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. Suite 201, Sherman Oaks, CA 91403. 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. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. 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. The project was shopped to 80 potential investors, none of whom ventured a bid. In 2014, DPUS gave another $55,000 to the super PAC, which swiftly. With our medalists, we see America at its best. The use of shell company contributions to super PACs is a growing trend that has captured the attention of government watchdogs. That is so unique to Thunderbird.. Najafi is the founder of private equity firm Najafi Cos. 0000005917 00000 n Pivotal Group Location 1934 Old Gallows Rd Ste 350, Tysons Corner, Virginia, 22182, United States Description Industry 0000175548 00000 n To explore Pivotal Group's full profile, request access. F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, is being awarded the Ellis Island Medal of Honor from the National Ethnic Coalition of Organizations. DC individual achievement and encouragement of cultural unity at an awards ceremony this past weekend in the historic Great Hall on Ellis Island. Disclosure of who is spending money in elections is a vital component of our campaign finance system, but transparency is undermined when a wealthy donor launders their contribution through a shell company, said Brendan Fischer, director of federal reform at the nonpartisan Campaign Legal Center. Mr. Najafi is one of six Iranian-Americans to receive the Ellis Island [17] In January 2022, Najafi gifted $25 million to Arizona State University and the Thunderbird International School of Business. 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. Mr. 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. [18][19][20] He was also awarded the Jonas Mayer Outstanding Alumnus Award from Thunderbird School of Global Management.[21]. into the Congressional Record. [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. DAN DELANEY. This page was last edited on 17 November 2022, at 10:45. Jahm Najafi is an Iranian-American businessman who runs a private-equity firm, Najafi Companies. 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). They gave just $20,400 to Republicans during that time. Internet Explorer presents a security risk. 0000008522 00000 n 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. Top image: Thunderbird School of Global Management headquarters in downtown Phoenix. [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. Sign up for our newsletter to track moneys influence on U.S. elections and public policy. equity and real estate. 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 . Still, when Campaign Legal Center sent a complaint to the FEC about contributions to conservative super PAC DefendArizona from two apparent shell companies Highway 76, LLC and Blue Magnolia Investments, LLC it made an impact. 0000161708 00000 n Pivotal Group is part of the Venture Capital & Private Equity industry, and located in Virginia, United States. 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. 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. 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. This award embodies the ideals of freedom, tolerance and acceptance 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. NAJAFI, FRANCIS PHOENIX, AZ 85018: Pivotal Group/Pivotal Group/Ceo: $2,800: 11/08/2019: P: DEBBIE LESKO FOR CONGRESS - Republican: NAJAFI, FRANCIS PHOENIX . . 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. Pivotal group gave $3,800. Health Care. Pivotal Group is a leading investment and development company with primary concentration on all real estate asset classes. We do not acquire companies from management teams; we partner with them. 0000005250 00000 n The firm recently acquired Global Capacity, the worlds The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. The commitment made to the school by Francis and Dionne Najafi will impact communities around the world and be a force that brings all of us closer together. (Photo by Joe Jaszewski for The Washington Post via Getty Images). 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. adding to the rich diversity and cultural hodgepodge that makes America Equal Housing Opportunity. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 Francis Najafi is one of Thunderbirds most notable, successful and Popular Searches Pivotal Group Inc The Pivotal Group LLC Title. In court on Friday, Credit Suisse didn't support or oppose Najafi's bid, surrendering the battle. 0000001495 00000 n To request permission for commercial use, please contactus. We want to make sure you get the most out of our platform. He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. There is a large body of people around the world who have no access to education, Francis Najafi said. We see every color, (Photo by Wes Clowers). ), 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. We are grateful for their commitment to a borderless expansion of the opportunities that come with higher education.. (Melaleuca is a genus of trees from which tea tree oil is derived. Pivotal's Francis Najafi and Tyler Rives also join SnapNurse's Board of . It mightve come from the company, the companys owner, or it mightve come from another individual altogether. Request a free trial. 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. They are headquartered in Phoenix, Arizona. An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . Tri-Point Column in Carter Lake, Iowa. With these competitive advantages, we make swift decisions and close transactions with creative and mutually beneficial structures. The company made another contribution $10,000 to the Mitch McConnell-aligned, 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. Carey School of Business Deans Council. [7], Najafi founded Pivotal Group in 1982. and real estate. Their largest recipient is Rep. Steve King (R-Iowa) with $25,700 in contributions. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . %%EOF 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. 0000002534 00000 n Later he broadened Pivotal Group's mandate, successfully investing in private equity and growth venture opportunities. The group aired multiple television ads to attack Cherny, him a Washington, D.C. insider in another. PHOENIX--(BUSINESS WIRE)--F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, was In 1982, he founded Pivotal Group, a real estate opportunity fund. A similar address isnt the only piece of circumstantial evidence that appears to link Najafi to the apparent shell company. 0000176774 00000 n 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. "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. 0000182369 00000 n Work History. He currently serves as Chairman of the Board of NxSystems. 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 chosen a more deserving recipient of this award that celebrates The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. Francis Najafi is founder of Pivotal. the ULI Foundation, which generates funding for research, education and We work across a diverse range of industries, including telecommunications, technology, media, aerospace, consumer, and business services. 0000181689 00000 n Whether youre reading about 2022 midterm fundraising, conflicts of interest or dark money influence, we produce this content with a small, but dedicated team. 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 . At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. 0000156504 00000 n Current. Crowell previously served as an advisor to CYR3CON. 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. 0000006605 00000 n As an immigrant some five decades ago, I learned the value of education. 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. Jobs; Sign In; Careers; By Job Titles; . Iranian-American investors who happen to be politically active. 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. Najafi, head of the company, invests only his own capital. "There is no question in my mind that the economy will recover.". Not all so-called shell corporations are as easy to trace. Page 6 of 9. "My wife and I think of education as part of your basic human rights. Thunderbird Dean Sanjeev Khagram celebrates the launch of the 100 million learners international initiative with Francis and Dionne Najafi. 0000003204 00000 n that attract people from around the globe. Two Thunderbird alumni, Francis and Dionne Najafi, donated $25 million to launch the initiative, the largest gift since Thunderbird joined ASU. Opposing bids came from former Warner Music Group executive Edgar Bronfman Jr., Iowa-based company Meredith Corporation, and private equity firm Pamplona Capital Management. 0000181206 00000 n ", "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. a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. 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. services. 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. 0000155666 00000 n The Najafi Thunderbird Global Initiative is educational inclusion, innovation and impact at a worldwide scale, Khagram said. The honorees are remarkable Americans who exemplify outstanding He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. Mr. Najafi has substantial board-level experience. 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. 0000000016 00000 n bG*aA wfmBB FP/v}. [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. Thank you for accessing our content on the Topio Networks Market Intelligence Center. In 1972, Najafi moved to Arizona where he attended Arizona State University. Pivotal Private Equity Company Rankings 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. 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