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Ellis Island is the gateway [17] In January 2022, Najafi gifted $25 million to Arizona State University and the Thunderbird International School of Business. Pivotal Group Team (17) Name Title Related Financings Office Contact Info; Francis Najafi Ph.D: Founder & Chief Executive Officer: 0: Phoenix, AZ Richard Garner: Chief Operating Officer: Phoenix, AZ Scott Knauer: Managing Director: Phoenix, AZ Tyler Rives: Managing . We assist management with strategy and equip them with capital to help realize their companys potential. The honorees are remarkable Americans who exemplify outstanding 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. With more than 40 years of experience, Pivotal Group is an active investor across multiple asset classes, and today maintains a focus on Private Equity, Growth Equity, and Real Estate. This material may not be published, broadcast, rewritten, or redistributed. Francis Najafi. 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 club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. 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 . Key Quotes: Najafi. 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. 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. 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. 0000001908 00000 n We seek to identify new strategic investments in established companies to create significant value over time. Just a stones throw from Park City, generations of families could pursue active recreation amid a diverse array of superb amenities, while completely immersed in nature. Copyright 2021 Pars Equality Center. To access all the content for free, please sign up by entering your email. 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. Additionally, we seek underperforming and distressed properties where we can add value through renovation, repositioning, redeployment, expansion, or capital restructuring. Later he broadened Pivotal Group's mandate, successfully investing in private equity and growth venture opportunities. 0000003204 00000 n 0000181206 00000 n My wife and I think of education as part of your basic human rights. Tyler Rives and Francis Najafi of Pivotal . (Photo by Wes Clowers). Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. Francis Najafi is a '77 alum of Thunderbird, and his wife, Dionne, is an '06 alum. 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. Read More sale of $100 million to $1 billion. Technically, the town is on the Nebraska side of the Missouri River in Omaha, and its horseshoe-shaped lake was once an oxbow bend of the river itself. 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 . Request a free trial. Mr. Najafis interest and commitment to community service spans the [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! country, Francis outstanding career is matched only by his sincere Pivotal Private Equity has 2,525 employees, of which 5 are in a . 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. The company later acquired the France, Belgium, Switzerland and Quebec operations of Direct Group. public service activities offered by the Urban Land Institute. DC We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. Eventually, the initiative will be available for learners worldwide, reaching the goal of 100 million learners. his commitment to the ideals for which Thunderbird stands and his Najafi holds an 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. Sorry, we "Integrity is your word, your character and the foundation for all future endeavors. 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 . 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. Editors note:This story is featured in the2022 year in review. [32][33], On 7 December 2021, Jahm Najafi's Najafi Companies announced that it had reached an agreement to acquire STX Entertainment from ErosSTX for US$173 million. This article "Francis Najafi" is from Wikipedia. Suite 295 In 2005, Mr. Najafi established the Pivotal Foundation, as a charitable vehicle to give back to society and provide patronage for international awareness initiatives . The use of shell company contributions to super PACs is a growing trend that has captured the attention of government watchdogs. [3][4][10][17], In December 2020, Najafi was announced as the next vice-chairman of McLaren Racing, a Formula One constructor. 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. Najafi said he believes sales will pick up in a year or two, making Promontory viable again. 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. ceremony this past weekend in the historic Great Hall on Ellis Island. Najafi, head of the company, invests only his own capital. 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. economic prosperity and human development around the world.. 0000007915 00000 n By the second year, the program will be expanded across Africa, the Middle East, Asia and Latin America to at least 25 languages. Excluding contributions from Melaleuca to major super PACs, VanderSloot and his wife Belinda give plenty of money on their own, contributing nearly $3.5 million to GOP candidates and groups since 1992. Pivotal Group Location 1934 Old Gallows Rd Ste 350, Tysons Corner, Virginia, 22182, United States Description Industry 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 . 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. 0000176062 00000 n 0000004555 00000 n And in a $244,200 contribution to Paul Ryans joint fundraising committee. property in San Francisco, the Phoenix Ritz-Carlton; and developing 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. At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. 0000061585 00000 n Francis is much more prolific and conservative. This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. The PAC received its largest donation of $20,000 from Francis Najafi, founder and CEO of the investment firm Pivotal Group. Script error: No such module "AfC topic". NECO was created in 1984 on the conviction of its founders that the 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. 0000005917 00000 n Internet Explorer presents a security risk. Dan Mahoney, co-chair of Snell & Wilmer's Venture Capital and Private Equity Industry Group. 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. 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. Habib also got another $3,900 from the Iranian American PAC. "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. [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. We have the expertise to assess complex investment opportunities. As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. 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. Page 6 of 9. The Promontory vision guided the creation of the development of unique club structures harmonious with the land. 0000156504 00000 n Michael Olsen Chief Financial Officer Globe Corp. Brad Parker Executive Vice President, West Region PNC Bank. A group of creditors who forced the bankruptcy said he stopped paying loans in December 2007. Najafi said he'll have to spend about $70 million before Promontory recovers. DRA Strategic CommunicationsDenise D. Resnik, 602-956-8834Nick 0000003156 00000 n 0000008522 00000 n 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. , many of which use the same Iowa address. 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 . F HmQ:!3%=9 [34], Najafi and his wife, Cheryl Najafi, live in Arizona with their three children. 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. 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. Prominent holdings include Los Angeles' Century Plaza Hotel and the Ritz-Carlton in Phoenix. Park City, Utah. Melaleuca sells its products through a multi-level marketing structure. 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. The takeover required a buyer to raise millions more to keep operations at Promontory going. 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. in the midst of the Arizona gubernatorial election between Doug Ducey and Fred DuVal. Carey School of Business Deans Council. Quan, 602-373-2400. He is also on the Board of Directors of the Quincy Institute, active in the Worlds Presidents Organization (WPO) and Chief Executives Organization (CEO). . Mr. Najafi serves as a Board Member of several private companies. Though the source of DRTs funding is muddy, it appears to have a relatively obvious link to Hoovestols businesses. 6 0 obj <> endobj Mitchel Sayare Chairman of the Board PharmAthene, Inc. Hilla Sferruzza degree in engineering followed by two Masters Degrees from Thunderbird The School of Global Management, and the University of Southern California (USC). The business wasted little time jumping into politics, giving $400,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) on Oct. 17, 2018. freedom of speech, religion and economic opportunity. 0000061404 00000 n In 1982, he founded Pivotal Group, a real estate opportunity fund. Use the CB Insights Platform to explore Pivotal Group's full profile. a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. Suite 201, Sherman Oaks, CA 91403. . [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. 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. Pivotal group gave $3,800. Island Medal of Honor is sanctioned by the U.S. Congress and entered , and they look to take control positions in companies.