[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. The Promontory vision guided the creation of the development of unique club structures harmonious with the land. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. 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. public service activities offered by the Urban Land Institute. 0000176450 00000 n DAN DELANEY. Under the FECs current makeup, its debatable whether the agency would classify some of the above political contributors as shell companies at all. The owner is Wayne Hoovestol, a midwest businessman who owns several farming and trucking-related businesses, including. We invest in later-stage venture capital and growth equity opportunities in order to help generate notable growth over time. 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. It mightve come from the company, the companys owner, or it mightve come from another individual altogether. [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. 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. He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. 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. All rights reserved. The project was shopped to 80 potential investors, none of whom ventured a bid. Whether youre reading about 2022 midterm fundraising, conflicts of interest or dark money influence, we produce this content with a small, but dedicated team. We have the expertise to assess complex investment opportunities. at tank; a trustee and alumnus of Thunderbird School of Global Management; Access to higher education and the need for equity and inclusion is one of a global scale, ASU President Michael Crow said. By using this website you consent to the use of cookies. His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. organization of its kind in the U.S., presented the award. realestate@pivotalgroup.com, 3200 East Camelback Road The architecturally diverse structures would allow family members to engage in their individual pursuits and gather for joint recreation and celebration. And in a $244,200 contribution to Paul Ryans joint fundraising committee. 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. No credit card required. Pivotal Group is part of the Venture Capital & Private Equity industry, and located in Virginia, United States. Najafi Companies did not respond to a request for comment on any potential connection with DPUS. 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. Suite 295 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. <<7E07F676488E4E4DB696AADCB8495A3F>]>> With $25M gift, ASU's Thunderbird School of Global Management aims to Dallas-based Highland Capital Management, a hedge fund that owns about 40 percent of the loans, didn't return calls from The Associated Press. a symbol of freedom and tolerance around the world, said Senator John Health Care. that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. 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. He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. You have revoked consent to allow cookies. Pivotal Group's private equity arm focuses on middle-market companies and annual. 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 facilities" instead of getting bogged down with lengthy processes and credentialing paperwork. Who Are These Guys? - Promontory Club Park City UT Why Thunderbird and ASU will educate 100 million worldwide 2023 Promontory Club. [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. linking national brand cleaning products such as Clorox and Lysol to lung damage. [3], Najafi has a bachelor's degree in economics from the University of California, Berkeley. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. After Sinema won the primary, the super PAC transferred $100,000 to. Today, with its capital resources, experience and expertise, Pivotal Group is well positioned for continued success in the private equity and real estate markets. But they don't appear to be on the same page politically. A truck leasing company in a small Iowa town is one of several companies linked to nondisclosed dark money contributions during the 2018 election cycle. We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. Despite being located in a drab single-story office building, Corporation Trust Center is the go-to registered agent for companies that dont want to be found, serving as the registered agent address for roughly 300,000 businesses as of 2018 including Apple, WalMart and Coca-Cola. HSn@}G)_!UQ0B`%NpNZWb93350.HB$]>f8F^z^Sk6(`Sr\\L\G ZpL,Gqi He currently serves as Chairman of the Board of NxSystems. 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. Another 1,500 building lots are available across a sprawling sagebrush-covered hill overlooking the ski town of Park City. Current. SnapNurse platform gets $15 million investment, $100 million credit Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. The club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. and real estate. [2] [3] Contents 1 Early life and education 2 Career 3 Philanthropy and recognition 4 Personal life Island Medal of Honor is sanctioned by the U.S. Congress and entered 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. 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. (Photo by Joe Jaszewski for The Washington Post via Getty Images). All Rights Reserved. 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. Mr. Pivotal Group leads significant growth equity investment in SnapNurse, an on-demand healthcare staffing platform . Democratic primary to oppose Andrei Cherny, who would go on to lose to Sinema during her first successful bid for the House. Tyler Rives and Francis Najafi of Pivotal . McCain. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. 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. where he earned a Bachelors Degree in Engineering in 1976. 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. "Having finished his undergraduate study in engineering, Francis obtained two masters degrees from the American Graduate School . It shouldnt require pulling records from other states to reveal a possible connection to another company.. communities such as Promontory, an award-wining second-home community in Like Education Secretary Betsy DeVos, of the Amway multi-level marketing fortune, VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. (Photo by Wes Clowers). At the end of the National Vista document, it simply states: If you havent done so already, now is the time to rid your home of the dangerous national cleaning products that contain so many harmful chemicals.. Unlike other MLM companies, products are sold online and shipped directly to the consumer. The Najafi Companies is an entrepreneurially driven private investment firm founded by Jahm Najafi in 2002. Tottenham takeover - Who is Jahm Najafi? Businesses, success with 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. Francis Najafi - $111,000 in Political Contributions for 2020 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 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. However, National Vista did something of note besides bankrolling a super PAC. Pivotal Group hires managing director for private equity 0000006605 00000 n Not all so-called shell corporations are as easy to trace. 0000182369 00000 n They will have lifelong learning options and alternative educational pathways through Thunderbird and ASU, or will be able to transfer the credits to other universities worldwide. Francis Najafi, chief executive of Phoenix-based Pivotal Group, emerged triumphantly from a courtroom Friday as the same owner of Promontory, where more than 350 multimillion-dollar homes have . 0000007915 00000 n Jahm Najafi Net Worth: How Rich is the Businessman Actually? 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. The Ellis Island Medals of Honor pay tribute to the ancestry groups that 8758 N Promontory Ranch Rd We are grateful for their commitment to a borderless expansion of the opportunities that come with higher education.. They are headquartered in Phoenix, Arizona. An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . [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. By the second year, the program will be expanded across Africa, the Middle East, Asia and Latin America to at least 25 languages. About QI - Quincy Institute for Responsible Statecraft 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. PDF F. Francis Najafi Founder and CEO Pivotal Group - Urban Land Institute 0000170314 00000 n We work across a diverse range of industries, including telecommunications, technology, media, aerospace, consumer, and business services. 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. F. Francis Najafi is founder and CEO of Pivotal Group, a leading investment company focused on private equity and real estate. Pivotal (Francis Najafi/Tyler Rives) The Najafi Companies (Jahm Najafi) . Utah enclave bought back - The Denver Post in 2012. Pivotal's Private Equity practice, which is traditionally oriented around full buyouts. . The bid fell through when Borders was liquidated. 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. Work History. Subscribe to see more. Professional Services . standards, and a firm belief that business can be a powerful source of 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. One dark money trail leads to Carter Lake, Iowa, population 3,785. Arizona State Universitys Thunderbird School of Global Managementannounced plans today to educate 100 million learners by 2030, thanks to a historic $25 million donation. Francis Najafi - PARS Equality Center F Francis Najafi - VC DATALAB - KANDO He is also on the Board of Directors of the Quincy Institute, active in the Worlds Presidents Organization (WPO) and Chief Executives Organization (CEO). 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. 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. In court on Friday, Credit Suisse didn't support or oppose Najafi's bid, surrendering the battle. 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 . Pivotal Private Equity CEO And Executives - Learn more about Pivotal Private Equity CEO Jahm Najafi and key people by exploring the management team. Credit Suisse had matched Najafi's $30 million bid at an auction on Wednesday but, unable to raise even that amount, it withdrew the bid a day later. acquired and sold Network Solutions, a leading provider of Web-based 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. 0000003867 00000 n Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. (Melaleuca is a genus of trees from which tea tree oil is derived. Leadership - Sandra Day O'Connor Institute 0000001495 00000 n Pivotal Private Equity Company Rankings Script error: No such module "Draft topics". We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. 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. Pivotal Group is a Phoenix, Arizona basedprivate equity financing firm. Quan, 602-373-2400. No federal or state agency has judged the merits or value, if any, of this property. Mr. Najafi serves as a Board Member of several private companies. Instastaff is a startup business that provides staffing to business customers seeking shift employees. country, Francis outstanding career is matched only by his sincere , many of which use the same Iowa address. In 2014, DPUS gave another $55,000 to the super PAC, which swiftly. With $25M Reward, Thunderbird Launches International Initiative To Bankrupt luxury community sold to same developer - Boston.com 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. qualities in both their personal and processional lives, while Developer Story - Promontory Club Park City UT Tottenham takeover - Who is Jahm Najafi? Businesses, success with 0000001241 00000 n 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. 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. Pictured is a section of the Boise, Idaho skyline. 0000004555 00000 n ), Both releases use identical wording in several instances and note the exact same findings. SnapNurse 75,000% Growth in Medical Staffing - Startupsavant.com It is unclear how DRT is funded and what the company does, outside of giving political contributions. Francis Najafi. Sorry, we 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. abiding respect and understanding of other cultures, high ethical [7], Najafi founded Pivotal Group in 1982. Mr. Najafi serves as a Board Member of several private companies. 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. 0000170581 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. The firm recently acquired Global Capacity, the worlds Founded by F. Francis Najafi, Pivotal Group has invested in real estate assets and companies like Instastaff and Red Mountain Resort. Phoenix, AZ 85018. 0000000016 00000 n PHOENIX--(BUSINESS WIRE)--F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, was "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. The purpose of disclosure is to allow people to know immediately upon looking at an FEC report who the contributors are. 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. He came to America from Iran to get an education and earned four degrees from three universities. Pivotal Group is the largest investor in the startup company. We empirically evaluate markets and asset classes allowing us to effectively anticipate market movements. Najafi was also a founding partner of Social Venture . We have the expertise to assess complex investment opportunities. [18][19][20] He was also awarded the Jonas Mayer Outstanding Alumnus Award from Thunderbird School of Global Management.[21]. Pivotal group gave $3,800. Melaleuca sells its products through a multi-level marketing structure. Page 6 of 9. With our medalists, we see America at its best. 6 0 obj <> endobj ancestors. 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. 0000161571 00000 n Global Capacity and Pivotal Group have now commenced seeking regulatory approvals and estimate the . Founded by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. Company: Industry: Round Size: Date: Investors: Location: SnapNurse. The use of shell company contributions to super PACs is a growing trend that has captured the attention of government watchdogs. The McCain-Soros connection: It started after senator got caught in This unrestricted gift will support the production and operating costs that Ballet Arizona incurs to produce its six mainstage performances over the . | PRIVACY POLICY | REVOKE COOKIE CONSENT. F HmQ:!3%=9 Pivotal Group and Trumpf Ventures lead significant investment in AI cybersecurity prediction platform . [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!

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