", "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. 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 . Pivotal Group is a diversified investment company primarily focused on private equity and real estate. SALT LAKE CITYIn a highly unusual bankruptcy outcome, the developer of a luxury golf community near Park City bought it back for pennies on the dollar Friday because the leading creditor was unable to scrap together a bid and nobody else was interested. Script error: No such module "AfC topic". "My wife and I think of education as part of your basic human rights. No credit card required. foundation board member of the Translational Genomics Research Institute Tyler Rives and Francis Najafi of Pivotal . 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. [14][15] While Sarver served his season-long suspension in September 2022, Najafi was considered a candidate to take on the role of interim team governor for the Suns before the position was ultimately given to Sam Garvin. country, Francis outstanding career is matched only by his sincere 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.. 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. Request a free trial. 0000001742 00000 n
Group is a diversified investment company primarily focused on private 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. 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. But it doesnt make the money any less dark, as there is no way to know the real source of the funds. Homeowners and a group of other creditors expressed confidence in Najafi's continued management and his $30 million bid, which pays off some debts, but not the Credit Suisse loan holders. 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. 0000176774 00000 n
A similar address isnt the only piece of circumstantial evidence that appears to link Najafi to the apparent shell company. The Ellis communities such as Promontory, an award-wining second-home community in Internet Explorer presents a security risk. That is so unique to Thunderbird.. He founded the privately held firm 30 years ago, investing in landmark properties. (Photo by Joe Jaszewski for The Washington Post via Getty Images). Sign up for our newsletter to track moneys influence on U.S. elections and public policy. Drawn by the unrealized potential of well-managed, middle-market companies with unique assets, Pivotal Group entered the private equity market in 2002. This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. Francis Najafi is one of Thunderbirds most notable, successful and 0000006605 00000 n
Additionally, we seek underperforming and distressed properties where we can add value through renovation, repositioning, redeployment, expansion, or capital restructuring. 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 . 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. Thats the same address as private investment firm Najafi Companies, owned and operated by Jahm Najafi, a longtime Phoenix investor and partial owner of the, Najafi and his brother Francis Najafi founder of 30-year-old Phoenix investment firm Pivotal Group are. AI Cyber Attack Prediction Platform CYR3CON Secures $8.2 Million ancestors. She has served as an executive for Pivotal Group, a private equity and real estate investment firm, KSL, a KKR, Kohlberg, Kravis and Roberts company, and as Executive Director of The National Women's Hall of Fame in New York, which recognizes and celebrates the achievements of extraordinary American women. He came to America from Iran to get an education and earned four degrees from three universities. Healthcare staffing platform SnapNurse announces strategic investment 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. Contact Tyler Rives for all of its filings, including its FEC filing. Jahm Najafi and his wife Cheryl have given $186,890 to Democratic groups and candidates since 1992, including $5,400 to Sinema in 2018. bG*aA
wfmBB FP/v}. The company made another contribution $10,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) two weeks before election day. 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. Founder and Chief Executive Officer Francis Najafi is founder of Pivotal. 0000063403 00000 n
Mr. Najafi is also a patron on numerous cultural and civic organizations. equity and real estate. that attract people from around the globe. Francis Najafi is owner of The Pivotal Group, a long-time Phoenix businessman and philanthropist. 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. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Pivotal Group leads significant growth equity investment in SnapNurse, an on-demand healthcare staffing platform . The sale was approved by U.S. Bankruptcy Judge Judith Boulden. 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. The first contribution was refunded, while Blue Magnolia Investments contribution was re-attributed to Berkshire Hathaway Automotive CEO Larry Van Tuyl, signaling that shedding light on these straw donors can force real disclosure. [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. Pivotal's real. 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. PDF F. Francis Najafi Founder and CEO Pivotal Group - Urban Land Institute 0000007915 00000 n
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He is also a partial owner and vice chairman of the Phoenix Suns NBA team. 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. The National Ethnic Coalition of Organizations could not have [17] In January 2022, Najafi gifted $25 million to Arizona State University and the Thunderbird International School of Business. 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. 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. Mr. Najafis interest and commitment to community service spans the committed graduates, not only in his professional career, but also for [2][3], Najafi was born in Isfahan, Iran in 1955. The firm recently acquired Global Capacity, the worlds 0000170581 00000 n
said Thunderbird President ngel Cabrera, Ph.D. Mr. Suite 201, Sherman Oaks, CA 91403. [26] The company invested approximately $200 million to Jeff Berg's talent agency, Resolution, after Najafi negotiated the deal in 2013. He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. , VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. Pictured is a section of the Boise, Idaho skyline. Hoovestol and Lucht did not respond to phone messages inquiring about DRT. As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. Mr. Najafi serves as a Board Member of several private companies. Feel free to distribute or cite this material, but please credit OpenSecrets. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. [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. EXCLUSIVE: Soros, Clinton-Linked Teneo Among Donors to McCain Institute Pivotal concentrated on buying commercial properties such as 650 California Street in San Francisco, The . 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. Francis Najafi - PARS Equality Center Mr. Najafi has substantial board-level experience. We want to make sure you get the most out of our platform. Tri-Point Column in Carter Lake, Iowa. Mr. Najafi started a family of privately held firms 30 Working At Pivotal Private Equity: Employee Reviews and Culture Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. In court on Friday, Credit Suisse didn't support or oppose Najafi's bid, surrendering the battle. Pivotal Group, Thunderbird The School of Global Management, Intelligent Assistance and Bots Ecosystem. Notable deals. 0000181689 00000 n
Learn more about theFrancis and Dionne Najafi 100 Million Learners Global Initiative. He is also on the Board of Directors of the Quincy Institute, active in the Worlds Presidents Organization (WPO) and Chief Executives Organization (CEO). 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. For example, BK2 Holdings, a Princeton Junction, New Jersey-based company that gave $500,000 to SLF in 2017, is clearly linked to billionaire GOP donor Bruce Kovner in several ways. that is America, said Nasser J. Kazeminy, Chairman of NECO. The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. DC 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). Between 2015 and 2016, the group gave a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. Whether youre reading about 2022 midterm fundraising, conflicts of interest or dark money influence, we produce this content with a small, but dedicated team. However, National Vista did something of note besides bankrolling a super PAC. This unrestricted gift will support the production and operating costs that Ballet Arizona incurs to produce its six mainstage performances over the . The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. Pivotal Group is the largest investor in the startup company. 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. With our medalists, we see America at its best. As an immigrant some five decades ago, I learned the value of education. Sorry, we F. Francis Najafi - ceo - pivotal group | LinkedIn Francis Najafi has been working as a Chief Executive Officer at Pivotal Group for 18 years. The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. Democratic primary to oppose Andrei Cherny, who would go on to lose to Sinema during her first successful bid for the House. 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 .