Jamshid Jahm Najafi (born March 1963)[1] is an Iranian-American billionaire[2] businessman. [34], Najafi and his wife, Cheryl Najafi, live in Arizona with their three children. Promontory is a Pivotal Group Community. The bid fell through when Borders was liquidated. 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. They are headquartered in Phoenix, Arizona. F. Francis Najafi is founder and CEO of Pivotal Group, a leading investment company focused on private equity and real estate. 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. Suite 295 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. Quan, 602-373-2400. 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. Same platform but with new and improved features. Arizona State Universitys Thunderbird School of Global Managementannounced plans today to educate 100 million learners by 2030, thanks to a historic $25 million donation. Global Capacity Announces Acquisition by Pivotal Group - PR Newswire Pivotal Group Portfolio Investments, Pivotal Group Funds, Pivotal Group his commitment to the ideals for which Thunderbird stands and his Just because you can suspect an LLC has connections to company, it doesnt really tell you anything about the source of the money, Fischer said. With our medalists, we see America at its best. Between 2015 and 2016, the group. Pivotal Group hires managing director for private equity The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. Written by Melissa Larsen. 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. Not all apparent shell companies are necessarily dark money. In addition to his professional success, this father of . standards, and a firm belief that business can be a powerful source of Professional Services . 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 . DC Request a free trial. Francis Najafi is one of Thunderbirds most notable, successful and Home - Pivotal Group The deal is subject to a 45-day period where ErosSTX may solicit other offers; if ErosSTX declines the offer, it must pay a $4.5 million breakup fee. He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. We are grateful for their commitment to a borderless expansion of the opportunities that come with higher education.. McCain. Francis Najafi, Founder and Chief Executive Officer, Pivotal Group But it doesnt make the money any less dark, as there is no way to know the real source of the funds. Francis Najafi. 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. The takeover required a buyer to raise millions more to keep operations at Promontory going. Some of these LLCs, such as DRT, LLC, are easier to track than others. Title. Justin Lanne and Sandy Alter of Grubb and Ellis represented the sellers . After Sinema won the primary, the super PAC transferred $100,000 to. Mitchel Sayare Chairman of the Board PharmAthene, Inc. Hilla Sferruzza F HmQ:!3%=9 The company made another contribution $10,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) two weeks before election day. 0000000016 00000 n
AZ Inno - My View: Arizona has a growing number of entrepreneur funding at [26] The company invested approximately $200 million to Jeff Berg's talent agency, Resolution, after Najafi negotiated the deal in 2013. Najafi Companies - Massinvestor Venture Capital and Private Equity Database 0000008522 00000 n
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. [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. 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. 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. The Najafi Companies is an entrepreneurially driven private investment firm founded by Jahm Najafi in 2002. Michael Olsen Chief Financial Officer Globe Corp. Brad Parker Executive Vice President, West Region PNC Bank. With $25M gift, ASU's Thunderbird School of Global Management aims to 2022 Promontory Development, LLC. Work History. 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. He is a board member of EastWest Institute, a global think-and-do 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. 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. 0000004555 00000 n
Visit www.NECO.org We have the expertise to assess complex investment opportunities. 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. 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. 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. xref
0000001742 00000 n
F. Francis Najafi - ceo - pivotal group | LinkedIn 0000170581 00000 n
Pivotal Group Acquires 21 Apartment Communities 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. 0000161708 00000 n
Pivotal Group's private equity arm focuses on middle-market companies and annual. . As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. In court on Friday, Credit Suisse didn't support or oppose Najafi's bid, surrendering the battle. GTT to Acquire Global Capacity He founded the privately held firm 30 years ago, investing in landmark properties. Script error: No such module "AfC topic". He is also a partial owner and vice chairman of the Phoenix Suns NBA team. , and they look to take control positions in companies. Who Are These Guys? - Promontory Club Park City UT At its inception, the firm capitalized on profitable market niches by acquiring,. It mightve come from the company, the companys owner, or it mightve come from another individual altogether. 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. 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. No federal or state agency has judged the merits or value, if any, of this property. To access all the content for free, please sign up by entering your email. 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. 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. Francis Najafi - Add Relationship - LittleSis He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. immigrants significant contribution to this country than Francis Obtain the property report and read it before signing anything. VanderSloot was national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. The National Ethnic Coalition of Organizations could not have realestate@pivotalgroup.com, 3200 East Camelback Road 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. 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. Park City, Utah. abiding respect and understanding of other cultures, high ethical diversity of the American people is what makes this nation great. Group is a diversified investment company primarily focused on private Mr. Najafis interest and commitment to community service spans the Subscribe to see more. Global management certificate to be available at no cost, in 40 languages. individual achievement and encouragement of cultural unity at an awards Except for the Revolving Door section, content on this site is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License by OpenSecrets.org. [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! Im honored to be among the the ULI Foundation, which generates funding for research, education and Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. Tottenham takeover - Who is Jahm Najafi? Businesses, success with Tri-Point Column in Carter Lake, Iowa. Founded by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. 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. A Melaleuca representative expressed an interest in making a comment but did not do so by press time on Tuesday. ), Both releases use identical wording in several instances and note the exact same findings. Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. In 1986, he received a master's degree in business economics from Harvard University. We see every color, The initiative, made attainable by a $25 million donation from the Najafis, will educate and empower 100 million learners by 2030, with 70% of them girls. unwavering efforts to advance global business and global citizenship, Learn more about theFrancis and Dionne Najafi 100 Million Learners Global Initiative. Current. Najafi, head of the company, invests only his own capital. We work across a diverse range of industries, including telecommunications, technology, media, aerospace, consumer, and business services. Unlike other MLM companies, products are sold online and shipped directly to the consumer. commitment to serving his community, both locally and internationally., The cultural diversity of our great nation is essential for Americas Francis Najafi has been working as a Chief Executive Officer at Pivotal Group for 18 years. - F. Francis Najafi, CEO of Pivotal Group. 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. comprise Americas unique cultural mosaic. 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. , VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. Pivotal Group Location 1934 Old Gallows Rd Ste 350, Tysons Corner, Virginia, 22182, United States Description Industry Thank you for accessing our content on the Topio Networks Market Intelligence Center. , which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. Former recipients include business icons Large development planned for Central & Indian School Today, with its capital resources, experience and expertise, Pivotal Group is well positioned for continued success in the private equity and real estate markets. Francis Najafi is an Iranian-American businessman and investor. 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. foundation board member of the Translational Genomics Research Institute 0000005250 00000 n
Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal equity and real estate. Pivotal concentrated on buying commercial properties such as 650 California Street in San Francisco, The . "There is no question in my mind that the economy will recover.". Jahm Najafi Wiki, Biography, Age, Family, Height, Net Worth, Fast Facts $25 million gift to expand Arizona State's Global Management school TODAY'S DEALS: Pivotal Group Acquires 21 Communities in Texas Ellis Island is the gateway 0000175548 00000 n
The business wasted little time jumping into politics, giving $400,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) on Oct. 17, 2018. DPUS didnt limit its political giving to federal elections. The purpose of disclosure is to allow people to know immediately upon looking at an FEC report who the contributors are. The company asserts that its products are healthier and more environmentally-friendly than national brands. 0000176450 00000 n
Why Thunderbird and ASU will educate 100 million worldwide Francis Najafi - EverybodyWiki Bios & Wiki PDF F. Francis Najafi Founder and CEO Pivotal Group - Urban Land Institute Francis Najafi - $111,000 in Political Contributions for 2020, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions . 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. Francis Najafi is a '77 alum of Thunderbird, and his wife, Dionne, is an '06 alum. "Having finished his undergraduate study in engineering, Francis obtained two masters degrees from the American Graduate School . Members pay hefty fees for golf and other amenities, including opulent lodges and a warehouse-sized horse stable. 0000170314 00000 n
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. [5], In May 2011, Najafi received the Ellis Island Medal of Honor for outstanding citizenship, individual achievement, and encouragement of cultural unity. public service activities offered by the Urban Land Institute. This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. 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. Tottenham takeover - Who is Jahm Najafi? Businesses, success with 2023 Promontory Club. "Integrity is your word, your character and the foundation for all future endeavors. , many of which use the same Iowa address. Francis Najafi is founder of Pivotal. Guest editorial: Promontory inaccurately portrayed in affordable Notable deals. He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. The club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. Status. The Ellis "Ultimately, I believe in the magic of America," said Najafi, an Iranian-born, self-made real-estate tycoon who believes the market for expensive second homes will come back. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. Their typical investments range from $25MM-$250MM.