By the fourth year or earlier, the program will have expanded to Europe and Central Asia with 40 total languages. In 2014, DPUS gave another $55,000 to the super PAC, which swiftly. DC After majority owner Robert Sarver was suspended from team operations for one year that stated Sarver engaged in conduct that clearly violated common workplace standards included the use of racially insensitive language; unequal treatment of female employees; sex-related statements and conduct; and harsh treatment of employees that on occasion constituted bullying Najafi called on Sarver to resign. He runs Najafi Companies, a Phoenix-based private-equity firm, and is partial owner of the Phoenix Suns NBA team. ), One month before National Vistas incorporation, Melaleuca made its own $400,000 contribution to SLF, along with a separate $400,000 to, (CLF) on the same date. 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. 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. But they dont appear to be on the same page politically. The plan is for a phased approach. the ULI Foundation, which generates funding for research, education and Prominent holdings include Los Angeles' Century Plaza Hotel and the Ritz-Carlton in Phoenix. Lee Iacocca, Rupert Murdoch and Barron Hilton. Najafi was also a founding partner of Social Venture . 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. world. Picture courtesy of Thunderbird College of International Administration at ASU. Suburbs, big cities and even small towns are home to corporations created primarily to conceal the true source of money flowing to super PACs that spend millions of dollars to influence elections. 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. Instastaff is a startup business that provides staffing to business customers seeking shift employees. To explore Pivotal Group's full profile, request access. ), Both releases use identical wording in several instances and note the exact same findings. 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. 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. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. 0000001742 00000 n
And former NSA Deputy Director Bill Crowell will also join the board. 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. Today, the club members enjoy an impressive suite of 14 signature amenities with several new additions in the works. Hakuziyaremye said Africans across the continent will be able to access a world-class global education. 6 0 obj
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A group of creditors who forced the bankruptcy said he stopped paying loans in December 2007. 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. Suite 201, Sherman Oaks, CA 91403. Pivotal Group is a Phoenix, Arizona basedprivate equity financing firm. The bid fell through when Borders was liquidated. Obtain the property report and read it before signing anything. Melaleuca sells its products through a multi-level marketing structure. The firm recently acquired Global Capacity, the worlds , many of which use the same Iowa address. Pivotal focused on the purchase of . 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. Subscribe to see more. Title. 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. [17] In January 2022, Najafi gifted $25 million to Arizona State University and the Thunderbird International School of Business. 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. 0000004555 00000 n
Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. 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). qualities in both their personal and processional lives, while 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. [5], In May 2011, Najafi received the Ellis Island Medal of Honor for outstanding citizenship, individual achievement, and encouragement of cultural unity. I learned my basic management skills and leadership here at Thunderbird, where I also learned that you can work through your cultural and social differences. In 1986, he received a master's degree in business economics from Harvard University. [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. Today, with its capital resources, experience and expertise, Pivotal Group is well positioned for continued success in the private equity and real estate markets. He founded the privately held firm 30 years ago, investing in landmark properties. The takeover required a buyer to raise millions more to keep operations at Promontory going. Pivotal Group is a leading investment company focused on private equity 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. . You have revoked consent to allow cookies. At USC, he began his entrepreneurial activities while a PhD candidate in International Political Economy. Though the source of DRTs funding is muddy, it appears to have a relatively obvious link to Hoovestols businesses. [4] Upon graduation from ASU, he attended the Thunderbird School of Global Management and earned a Masters Degree in International Management in 1977. 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. 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. The Ellis Island Medals of Honor pay tribute to the ancestry groups that 0000175548 00000 n
Health Care. 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. Two Thunderbird alumni, Francis and Dionne Najafi, donated $25 million to launch the initiative, the largest gift since Thunderbird joined ASU. 1976-Arizona State University-Bachelor of Science Degree in Civil Engineering 1977-Thunderbird School of Global Management-Masters Degree in International Management 1978-University of Southern California-Master of Arts Degree in International Relations DPUS didnt limit its political giving to federal elections. 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. Pivotal funds its investments with internally generated capital, allowing speed, flexibility, and patience to deliver todays most innovative products and services to the market and build industry leading companies and projects. Flooding changed the course of the river in 1897 leaving a two-mile square piece of Iowa forever marooned in Nebraska. Their largest recipient is Rep. Steve King (R-Iowa) with $25,700 in contributions. 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. Subscribe to see more. F. Francis Najafi is the American Dream come to life. Eventually, the initiative will be available for learners worldwide, reaching the goal of 100 million learners. There is a large body of people around the world who have no access to education, Francis Najafi said. Drawn by the unrealized potential of well-managed, middle-market companies with unique assets, Pivotal Group entered the private equity market in 2002. After Sinema won the primary, the super PAC transferred $100,000 to. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. In 2007, it sold Network Solutions to General Atlantic for $800 million. As one of the leading Iranian-American entrepreneurs in the Francis is much more prolific and conservative. We empirically evaluate markets and asset classes allowing us to effectively anticipate market movements. Francis Najafi is a '77 alum of Thunderbird, and his wife, Dionne, is an '06 alum. "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. 0000181206 00000 n
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. But they don't appear to be on the same page politically. that attract people from around the globe. The National Ethnic Coalition of Organizations (NECO), the largest 0000001495 00000 n
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. "Integrity is your word, your character and the foundation for all future endeavors. [2][3], Najafi was born in Isfahan, Iran in 1955. (PAAIA), a leading Iranian philanthropic institution; and governor of He has made such an amount from his various business. DAN DELANEY. DPUS was incorporated in Delaware in July 2012 and immediately got to work funneling money into Arizona politics, giving a total of $175,000 to a brand new super PAC called Restoring Arizonas Integrity in 2012. Pivotal concentrated on buying commercial properties such as 650 California Street in San Francisco, The . We look forward to providing you with even more cutting-edge market research, as Topio Networks. (Photo by Joe Jaszewski for The Washington Post via Getty Images). %%EOF
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. 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. could not find your e-mail or password. The owner is Wayne Hoovestol, a midwest businessman who owns several farming and trucking-related businesses, including Hoovestol, Inc, many of which use the same Iowa address. 0000176450 00000 n
The group aired multiple television ads to attack Cherny, comparing him to Newt Gingrich in one ad and labeling him a Washington, D.C. insider in another. All rights reserved. [34], Najafi and his wife, Cheryl Najafi, live in Arizona with their three children. The main office of represented VC is situated in the Phoenix. F. Francis Najafi is founder and CEO of Pivotal Group, a leading investment company focused on private equity and real estate. 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. Later he broadened Pivotal Groups mandate, successfully investing in private equity and growth venture opportunities. organization of its kind in the U.S., presented the award. The PAC received its largest donation of $20,000 from Francis Najafi, founder and CEO of the investment firm Pivotal Group. Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. Later he broadened Pivotal Group's mandate, successfully investing in private equity and growth venture opportunities. We want to make sure you get the most out of our platform. However, National Vista did something of note besides bankrolling a super PAC. Script error: No such module "Draft topics". to learn more. In 2014, DPUS gave another $55,000 to the super PAC, which swiftly transferred $50,000 to the Democratic Governors Association in the midst of the Arizona gubernatorial election between Doug Ducey and Fred DuVal. 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. Chief Executive Officer. in the midst of the Arizona gubernatorial election between Doug Ducey and Fred DuVal. 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 . Jahm Najafi and his wife Cheryl have given $186,890 to Democratic groups and candidates since 1992, including $5,400 to Sinema in 2018. Status. Feel free to distribute or cite this material, but please credit OpenSecrets. 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. 2023 Promontory Club. The list of its authors can be seen in its historicaland/or the page Edithistory:Francis Najafi. for all of its filings, including its FEC filing. "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. 41 0 obj
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Ellis Island is the gateway Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . degree in engineering followed by two Masters Degrees from Thunderbird The School of Global Management, and the University of Southern California (USC). The Pivotal Foundation has in the last three years given $205,000 to the National Iranian-American Council (NIAC), which has been a vocal advocate for the Iranian nuclear deal the Obama . "We have been impressed with the artistic excellence, the strong leadership, and the financial stability of Ballet Arizona over the years," said Francis Najafi, Founder and CEO of Pivotal. The Najafi Companies is an entrepreneurially driven private investment firm founded by Jahm Najafi in 2002. Thats the same address as private investment firm Najafi Companies, owned and operated by Jahm Najafi, a longtime Phoenix investor and partial owner of the Phoenix Suns. This page was last edited on 17 November 2022, at 10:45. So-called dark money contributions come from a diverse cross-section of the American landscape. The company asserts that its products are healthier and more environmentally-friendly than national brands. said Thunderbird President ngel Cabrera, Ph.D. Mr. With our medalists, we see America at its best. 0000170314 00000 n
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The certificate will be covered by full scholarships, thus at no cost to learners. The Najafi Thunderbird Global Initiative is educational inclusion, innovation and impact at a worldwide scale, Khagram said. - F. Francis Najafi, CEO of Pivotal Group. Francis Najafi is founder and Chief Executive Officer of Pivotal Group, a forty-year-old investment firm with experience in private equity, growth ventures and real estate investments. Former recipients include business icons HSn@}G)_!UQ0B`%NpNZWb93350.HB$]>f8F^z^Sk6(`Sr\\L\G ZpL,Gqi This award embodies the ideals of freedom, tolerance and acceptance 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 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. Written by Melissa Larsen. Sign up for our newsletter, and we promise to send you only the good stuff. 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 . 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. This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. To request permission for commercial use, please contactus. VanderSloot was, national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. . [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. [13][14], Some of the organizations that have benefitted from Najafi's Pivotal Foundation which was established in 2005 includeBallet Arizona (to assist in performance production),[15][16] PARSA Community Foundation. xref
"There is no question in my mind that the economy will recover.". Want first access to OpenSecrets' investigations and data features? 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. The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. his commitment to the ideals for which Thunderbird stands and his As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. Najafi Companies did not respond to a request for comment on any potential connection with DPUS. adding to the rich diversity and cultural hodgepodge that makes America Whether youre reading about 2022 midterm fundraising, conflicts of interest or dark money influence, we produce this content with a small, but dedicated team. [10], Najafi Companies (Najafi Cos.), a private-equity firm, was established in 2002. All rights reserved. subject to the rules of our, THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING, Report: Warrant Issued for Roggies Bar Owner, Boston Pops Concert Move Keeps the Beach Boys, Ditches Joey McIntyre, Lawmakers pass compounding pharmacy oversight bill, Follow this list on Twitter: @BostonPopular. 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. Name. a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. 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. However, National Vista did something of note besides bankrolling a super PAC. Mr. Najafi serves as a Board Member of several private companies. 0000182369 00000 n
Sign up for our newsletter to track moneys influence on U.S. elections and public policy. Najafi. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. Like Education Secretary Betsy DeVos, of the. This unrestricted gift will support the production and operating costs that Ballet Arizona incurs to produce its six mainstage performances over the . No credit card required. The fact that Najafi was able to buy his own project back so cheaply is a reflection of the turbulence in credit markets. As an immigrant some five decades ago, I learned the value of education. 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. Francis Najafi. NAJAFI, FRANCIS PHOENIX, AZ 85018: Pivotal Group/Pivotal Group/Ceo: $2,800: 11/08/2019: P: DEBBIE LESKO FOR CONGRESS - Republican: NAJAFI, FRANCIS PHOENIX . continued economic prosperity and world leadership, said Mr. Najafi. years ago, investing in landmark properties including the Century Plaza Jamshid Jahm Najafi (born March 1963)[1] is an Iranian-American billionaire[2] businessman. PHOENIX--(BUSINESS WIRE)--F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, was All Rights Reserved. Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal Help provided: Students staff ASU's Counselor Training Center, Leaders on how ASU masters degree in nonprofit management prepared them for successful careers, 14-year-old ASU Online student hoping to engage, empower the next generation, Biden cybersecurity strategy a positive step, ASU expert says, Morrison Institute contributing to the 'future of democracy,' Crow says, Melikian Center receives federal funding to expand global study opportunities, Francis and Dionne Najafi 100 Million Learners Global Initiative, Sun Devil WBB opens Pac-12 play on Friday vs. No. 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. For example, BK2 Holdings, a Princeton Junction, New Jersey-based company that. 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. 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.. The company made another contribution $10,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) two weeks before election day. He is a board member of EastWest Institute, a global think-and-do