Ellis Island is the gateway degree in engineering followed by two Masters Degrees from Thunderbird The School of Global Management, and the University of Southern California (USC). 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. Our most important investment criterion is an outstanding management team. Under the FECs current makeup, its debatable whether the agency would classify some of the above political contributors as shell companies at all. The club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. 0000008522 00000 n When he needed a steadier paycheck, Karl went on to work in accounting and received his MBA at Vanderbilt. His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. [4][23][24][25] Najafi and Najafi Cos. also bid to buy The Boston Globe in 2013. 0000003156 00000 n Two Thunderbird alumni, Francis and Dionne Najafi, donated $25 million to launch the initiative, the largest gift since Thunderbird joined ASU. It is unclear how DRT is funded and what the company does, outside of giving political contributions. 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. 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. property in San Francisco, the Phoenix Ritz-Carlton; and developing Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal 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. This page was last edited on 17 November 2022, at 10:45. Francis Najafi Phone Number Found 3 phone numbers: 602625XXXX 602-956-XXXX . ", "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. 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 2012. 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. The Valley's Most Powerful Men2011 - Page 6. 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. 0000001241 00000 n In addition to his professional success, this father of . 0000001908 00000 n My wife and I think of education as part of your basic human rights. trailer We do not acquire companies from management teams; we partner with them. As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. [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. Dan Mahoney, co-chair of Snell & Wilmer's Venture Capital and Private Equity Industry Group. 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 . Script error: No such module "AfC topic". [3] Najafi led the company through the acquisitions of the Pert Plus shampoo brand and Sure deodorant brand from Procter & Gamble in 2006,[17][19] and Trend Homes Inc. in 2008,[20] Also in 2008, Najafi and Najafi Cos. purchased Direct Group, the parent company of the Book of the Month Club, Columbia House and BMG Music Service, from Bertelsmann AG, a German book publisher. 2022 Promontory Development, LLC. freedom of speech, religion and economic opportunity. The list of its authors can be seen in its historicaland/or the page Edithistory:Francis Najafi. Francis Najafi is owner of The Pivotal Group, a long-time Phoenix businessman and philanthropist. Thank you for your continued support. We are grateful for their commitment to a borderless expansion of the opportunities that come with higher education.. The sale was approved by U.S. Bankruptcy Judge Judith Boulden. F HmQ:!3%=9 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. Mr. Najafis interest and commitment to community service spans the In the first year, the initiative aims to reach learners in Iran, Kenya, Mexico, Indonesia, Egypt, India, Senegal, Brazil and Vietnam in their native languages. Najafi worked for Salomon Brothers, a Wall Street firm that became part of Citigroup, 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 business wasted little time jumping into politics, giving $400,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) on Oct. 17, 2018. Pictured is a section of the Boise, Idaho skyline. For more information, visit www.pivotalgroup.com. , many of which use the same Iowa address. [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. [26] The company invested approximately $200 million to Jeff Berg's talent agency, Resolution, after Najafi negotiated the deal in 2013. Dallas-based Highland Capital Management, a hedge fund that owns about 40 percent of the loans, didn't return calls from The Associated Press. We have the expertise to assess complex investment opportunities. chosen a more deserving recipient of this award that celebrates [2][3], Najafi was born in Isfahan, Iran in 1955. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los Angeles, Alameda, California-based Harbor Bay and 650 California Street in San Francisco. [11][12], Najafi was a founding partner of Social Venture Partners, a philanthropic venture capital fund that invests in emerging nonprofit organizations, as well as on the board of Urban Land Institute and the Arizona State University Committee for Design Excellence. At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. 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. Mr. Najafi has substantial board-level experience. 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. Quan, 602-373-2400. By federal law, it is illegal to make political contributions in the name of someone else, and straw donors making contributions through shell companies fall under that prohibition. "There is no question in my mind that the economy will recover.". 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. 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. He has been a longtime investor in the Phoenix Suns and Mercury, and recently announced that he was maintaining his family's minority. 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. 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 ULI Foundation, which generates funding for research, education and Najafi, head of the company, invests only his own capital. 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. North of downtown, in an affluent suburb near the Biltmore Golf Club played by presidents Eisenhower, Kennedy, Johnson, Nixon, Ford and George H.W. This unrestricted gift will support the production and operating costs that Ballet Arizona incurs to produce its six mainstage performances over the . The Najafi Thunderbird Global Initiative is educational inclusion, innovation and impact at a worldwide scale, Khagram said. Pivotal Group Inc. completes a joint venture acquisition of 21 communities in Texas; NewGate Capital introduces a new fund aimed at the redevelopment of mixed-use projects in Central Florida; and . Sign up for our newsletter, and we promise to send you only the good stuff. Francis Najafi CEO c5753ccd5d71c0 9d6ee09b348272075e14599 17ce51b948cc 7cdd6cbe9cddd078a. a symbol of freedom and tolerance around the world, said Senator John Script error: No such module "AfC topic". Over the years, its portfolio expanded to include master-planned developments and landmark properties throughout the nation. He is also on the Board of Directors of the Quincy Institute, active in the Worlds Presidents Organization (WPO) and Chief Executives Organization (CEO). 0000003867 00000 n Health Care. organization of its kind in the U.S., presented the award. Not all apparent shell companies are necessarily dark money. Mr. Najafi serves as a Board Member of several private companies. 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. Flooding changed the course of the river in 1897 leaving a two-mile square piece of Iowa forever marooned in Nebraska. Francis Najafi is founder of Pivotal. Access to higher education and the need for equity and inclusion is one of a global scale, ASU President Michael Crow said. The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. Founded by F. Francis Najafi, Pivotal Group has invested in real estate assets and companies like Instastaff and Red Mountain Resort. DRA Strategic CommunicationsDenise D. Resnik, 602-956-8834Nick For more information, visit. years ago, investing in landmark properties including the Century Plaza "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. 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. Mitchel Sayare Chairman of the Board PharmAthene, Inc. Hilla Sferruzza Pivotal group gave $3,800. 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. , which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. 0000001318 00000 n A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 that attract people from around the globe. 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. "There is a large body of people around the world who have no access to education," said Francis Najafi, who came to the United States from Iran and founded Pivotal Group, a real estate opportunity fund. diversity of the American people is what makes this nation great. The certificate will be covered by full scholarships, thus at no cost to learners. Global management certificate to be available at no cost, in 40 languages. Pivotal Group is the largest investor in the startup company. 0000155666 00000 n www.vbprofiles.com is now www.topionetworks.com. For example, BK2 Holdings, a Princeton Junction, New Jersey-based company that. NECO was created in 1984 on the conviction of its founders that the The architecturally diverse structures would allow family members to engage in their individual pursuits and gather for joint recreation and celebration. Mr. Najafi has received several honors including the Ellis Island Medal of Honor, the NCCJ Humanitarian Award, Thunderbird Alumni Association Distinguished Alumni Award for Achievement as an Entrepreneur, and was honored as a Thunderbird Global Leader with the unveiling of the Najafi Global Mindset Institute at Thunderbird School of Global Management. (Melaleuca is a genus of trees from which tea tree oil is derived. Najafi insisted the bankruptcy was not his doing. 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. Francis Najafi is an Iranian-American businessman and investor. Our goal is to enable A+ teams to reach their peaks and achieve greatness. [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. This award embodies the ideals of freedom, tolerance and acceptance foundation board member of the Translational Genomics Research Institute The Ellis 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. Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. DPUS didnt limit its political giving to federal elections. Photo by Samantha Chow/ASU News, Reporter , ASU News. Mr. Najafi completed his B.S. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. Company: Industry: Round Size: Date: Investors: Location: SnapNurse. endstream endobj 7 0 obj <> endobj 8 0 obj <> endobj 9 0 obj <>/ColorSpace<>/Font<>/ProcSet[/PDF/Text/ImageC]/ExtGState<>>> endobj 10 0 obj <> endobj 11 0 obj <> endobj 12 0 obj <> endobj 13 0 obj [/Indexed/DeviceRGB 250 26 0 R] endobj 14 0 obj <>stream 0000005250 00000 n Feel free to distribute or cite this material, but please credit OpenSecrets. A member of the franchise system of BHH Affiliates, LLC. July 14, 2020 10:10 AM Eastern Daylight Time. Prominent holdings include Los Angeles' Century Plaza Hotel and the Ritz-Carlton in Phoenix. PHOENIX--(BUSINESS WIRE)--F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, was Francis is much more prolific and conservative. Members pay hefty fees for golf and other amenities, including opulent lodges and a warehouse-sized horse stable. 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. Francis Najafi - $111,000 in Political Contributions for 2020, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions . F. Francis Najafi, CEO of Pivotal Group, will join CYR3CON's Board of Directors which currently includes CEO Paulo Shakarian, CTO Jana Shakarian, and Dieter Kraft of Trumpf Ventures. 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 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 . Current. The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. The Najafi Companies is an entrepreneurially driven private investment firm founded by Jahm Najafi in 2002. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. Obtain the property report and read it before signing anything. 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. [3][4][10][17], In December 2020, Najafi was announced as the next vice-chairman of McLaren Racing, a Formula One constructor. Whether youre reading about 2022 midterm fundraising, conflicts of interest or dark money influence, we produce this content with a small, but dedicated team.
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