In 1986, he received a master's degree in business economics from Harvard University. Dean's Council members - W. P. Carey School of Business 0000061404 00000 n Jamshid Jahm Najafi (born March 1963)[1] is an Iranian-American billionaire[2] businessman. Promontory is a Pivotal Group Community. An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . 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. Michael Olsen Chief Financial Officer Globe Corp. Brad Parker Executive Vice President, West Region PNC Bank. Today, with its capital resources, experience and expertise, Pivotal Group is well positioned for continued success in the private equity and real estate markets. [3], Najafi has a bachelor's degree in economics from the University of California, Berkeley. Based on our data team's research, Jahm Najafi is the Pivotal Private Equity's CEO. Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal "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. 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. 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. The certificate will be covered by full scholarships, thus at no cost to learners. Title. 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 Founder and Chief Executive Officer The National Ethnic Coalition of Organizations could not have 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. Pivotal Group backs SnapNurse | PE Hub 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 . The document is copyrighted 2018 National Vista, Inc. Some of the wording in it exactly mirrors that used in a, , an Idaho-based company that sells its own cleaning products along with an arsenal of health-related products. Francis Najafi. Pivotal Group Location 1934 Old Gallows Rd Ste 350, Tysons Corner, Virginia, 22182, United States Description Industry This material may not be published, broadcast, rewritten, or redistributed. A member of the franchise system of BHH Affiliates, LLC. 0000161571 00000 n 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. Pivotal's real. Francis is much more prolific and conservative. Learn more about theFrancis and Dionne Najafi 100 Million Learners Global Initiative. 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. Mr. 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. The group aired multiple television ads to attack Cherny, him a Washington, D.C. insider in another. [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. F. Francis Najafi CEO, Founder Pivotal Group Phoenix, Arizona, United States 2K followers 500+ connections Join to view profile pivotal group Thunderbird School of Global Management. Francis Najafi is a '77 alum of Thunderbird, and his wife, Dionne, is an '06 alum. Pivotal Group and Trumpf Ventures lead significant investment in AI cybersecurity prediction platform . standards, and a firm belief that business can be a powerful source of Atlanta Inno - Parent company of SnapNurse files $17.8M raise Name. Another 1,500 building lots are available across a sprawling sagebrush-covered hill overlooking the ski town of Park City. ancestors. Pivotal Private Equity has 2,525 employees, of which 5 are in a . 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. 20005. Mr. Najafis interest and commitment to community service spans the As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. comprise Americas unique cultural mosaic. Francis Najafi. 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. An obscure Carter Lake limited liability company (LLC) named DRT, LLC made a $250,000 contribution to pro-Trump super PAC America First Action in April 2018. We understand that it takes vision, persistence, and humility to succeed. We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. startxref NECO was created in 1984 on the conviction of its founders that the Flooding changed the course of the river in 1897 leaving a two-mile square piece of Iowa forever marooned in Nebraska. Najafi said he'll have to spend about $70 million before Promontory recovers. privateequity@pivotalgroup.com, Contact Richard Garner Home - Pivotal Group 0000003867 00000 n [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. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. "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. . Not all so-called shell corporations are as easy to trace. "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. VanderSloot was national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. 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. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 They are headquartered in Phoenix, Arizona. Script error: No such module "AfC topic". 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. [18], In 2003, Najafi, through Najafi Cos., purchased Network Solutions from Verisign Inc. for $20 million. Francis Najafi (Na-JAF-ee), 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 already been built. 0000063403 00000 n But they don't appear to be on the same page politically. Pivotal group gave $3,800. He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. Between 2015 and 2016, the group. where he earned a Bachelors Degree in Engineering in 1976. The main office of represented VC is situated in the Phoenix. Carey School of Business Deans Council. The learners in the initiativewill receive a badge for each course they complete and a 15-unit accredited certificate upon successful completion of all five courses. The Valley's Most Powerful Men2011 - Page 6. Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. For example, BK2 Holdings, a Princeton Junction, New Jersey-based company that. As an immigrant some five decades ago, I learned the value of education. 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. 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. "F. Francis Najafi Founder and CEO Pivotal Group", "Suns Sale Closes Today:Sarver Becomes Main Owner", "With $25M gift, ASU's Thunderbird School of Global Management aims to educate 100 million worldwide by 2030", "Investor report 20042005 - Arizona Memory Project", "Board of Directors Nonprofit Leadership - The O'Connor Institute", "Landmark Hotel in Los Angeles Sold to Private Real-Estate Group", "Francis Najafi, Author at Quincy Institute for Responsible Statecraft", "GPEC welcomes new board of directors members 2018-19", "Phoenix Art Museum begins year-long celebration of its 60th anniversary with "The pARTy in the Garden" gala and late-night Museum-gala experience "The afterpARTy," celebrating Museum's rich history of providing access to the arts", "Current Supporters | EastWest Institute", "CyBERsECURITy: FORGING SOLUTIONS - EastWest Institute", "F. Francis and Dionne Najafi of Pivotal Foundation Award Ballet Arizona $500,000 in Multi-Year Gift - Health & Living Magazine", "PIVOTAL FOUNDATION - ArizonaCorporates Company Profiles of Arizona", "Philanthropist Francis Najafi Gives $1M to PARSA Community Foundation", "Mark Zuckerberg and Priscilla Chan Are Giving $50 Million to U. of Hawaii", "Najafi receives Ellis Island Medal of Honor", "Five Iranian Americans to Receive Ellis Island Medal of Honor Award", "The Valley's Most Powerful Men2012 - Page 11", "Francis and Dionne Najafi Donate $25 Million to ASU's Thunderbird School of Global Management", article "Francis Najafi" is from Wikipedia, https://en.everybodywiki.com/index.php?title=Francis_Najafi&oldid=3075039, Thunderbird School of Global Management alumni, University of South Carolina Beaufort alumni, Thunderbird School of International Management. In 1982, he founded Pivotal Group, a real estate opportunity fund. [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. Pivotal concentrated on buying commercial properties such as 650 California Street in San Francisco, The . About QI - Quincy Institute for Responsible Statecraft Former recipients include business icons The business wasted little time jumping into politics, giving $400,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) on Oct. 17, 2018. As one of the leading Iranian-American entrepreneurs in the awarded the Ellis Island Medal of Honor for outstanding citizenship, 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. In court on Friday, Credit Suisse didn't support or oppose Najafi's bid, surrendering the battle. Large development planned for Central & Indian School We have the expertise to assess complex investment opportunities. bG*aA wfmBB FP/v}. 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. TODAY'S DEALS: Pivotal Group Acquires 21 Communities in Texas Sorry, we In 2014, DPUS gave another $55,000 to the super PAC, which swiftly. F. Francis Najafi is the American Dream come to life. Script error: No such module "Draft topics". Pivotal Group hires managing director for private equity Opposing bids came from former Warner Music Group executive Edgar Bronfman Jr., Iowa-based company Meredith Corporation, and private equity firm Pamplona Capital Management. This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. (Melaleuca is a genus of trees from which tea tree oil is derived. Najafi is the founder of private equity firm Najafi Cos. The PAC received its largest donation of $20,000 from Francis Najafi, founder and CEO of the investment firm Pivotal Group. Founded by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. 0000001016 00000 n Pivotal Group Portfolio Investments, Pivotal Group Funds, Pivotal Group Pivotal focused on the purchase of . 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. 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. The document is copyrighted 2018 National Vista, Inc. Some of the wording in it exactly mirrors that used in a press release released in February by Melaleuca, an Idaho-based company that sells its own cleaning products along with an arsenal of health-related products. Pivotal Group's private equity arm focuses on middle-market companies and annual. 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. Pivotal Group - Overview, News & Competitors | ZoomInfo.com The owner is Wayne Hoovestol, a midwest businessman who owns several farming and trucking-related businesses, including. [34], Najafi and his wife, Cheryl Najafi, live in Arizona with their three children. 22 Colorado at DFA, The Melikian Center: Russian, Eurasian and East European Studies, CHIPS Act at forefront of ASU's Mexico priorities, Watts College of Public Service and Community Solutions, School of Community Resources and Development. By using this website you consent to the use of cookies. Tri-Point Column in Carter Lake, Iowa. Unlike other MLM companies, products are sold online and shipped directly to the consumer. We empirically evaluate markets and asset classes allowing us to effectively anticipate market movements. Top Maricopa election official launched PAC in 2021 to stop Republican AI Cyber Attack Prediction Platform CYR3CON Secures $8.2 Million There is a large body of people around the world who have no access to education, Francis Najafi said. (Photo by Joe Jaszewski for The Washington Post via Getty Images). To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Pivotal (Francis Najafi/Tyler Rives) The Najafi Companies (Jahm Najafi) . When he needed a steadier paycheck, Karl went on to work in accounting and received his MBA at Vanderbilt. Today, the club members enjoy an impressive suite of 14 signature amenities with several new additions in the works. Arizona State Universitys Thunderbird School of Global Managementannounced plans today to educate 100 million learners by 2030, thanks to a historic $25 million donation. 6 0 obj <> endobj Pivotal Group is the largest investor in the startup company. Drawn by the unrealized potential of well-managed, middle-market companies with unique assets, Pivotal Group entered the private equity market in 2002. (TGen); active in the Public Affairs Alliance of Iranian Americans [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. Professional Services . Najafi kept operations going during a yearlong bankruptcy. With $25M gift, ASU's Thunderbird School of Global Management aims to At its inception, the firm capitalized on profitable market niches by acquiring, developing and managing investment grade commercial real estate properties in the Southwest. Jahm Najafi Net Worth: How Rich is the Businessman Actually? 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. He currently serves as Chairman of the Board of NxSystems. years ago, investing in landmark properties including the Century Plaza 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. The company later acquired the France, Belgium, Switzerland and Quebec operations of Direct Group. This award embodies the ideals of freedom, tolerance and acceptance 0000176062 00000 n [26] The company invested approximately $200 million to Jeff Berg's talent agency, Resolution, after Najafi negotiated the deal in 2013. 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. Mr. Najafi started a family of privately held firms 30 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. And in a $244,200 contribution to Paul Ryans joint fundraising committee. - F. Francis Najafi, CEO of Pivotal Group. 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. Lee Iacocca, Rupert Murdoch and Barron Hilton. Our most important investment criterion is an outstanding management team. AZ Inno - My View: Arizona has a growing number of entrepreneur funding 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. 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. 0000008522 00000 n 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. With $25M Reward, Thunderbird Launches International Initiative To 0000001495 00000 n 0000001908 00000 n Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. He runs Najafi Companies, a Phoenix-based private-equity firm, and is partial owner of the Phoenix Suns NBA team. 0000156916 00000 n Pivotal Private Equity Leadership: Executives and Demographics Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. that is America, said Nasser J. Kazeminy, Chairman of NECO. 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. 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. Chief Executive Officer. All Rights Reserved. Complete the form or call 435.333.4600 to learn more about this property. Global Capacity and Pivotal Group have now commenced seeking regulatory approvals and estimate the . Pivotal Private Equity Company Rankings No credit card required. 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. 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 . Founded by F. Francis Najafi, Pivotal Group has invested in real estate assets and companies like Instastaff and Red Mountain Resort. However, National Vista did something of note besides bankrolling a super PAC. Francis Najafi is founder of Pivotal. . 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. It makes investments with internal capital rather than raising funds from institutional investors, as is the industry norm. The club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. A Melaleuca representative expressed an interest in making a comment but did not do so by press time on Tuesday. , 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. We seek to identify new strategic investments in established companies to create significant value over time. Najafi said he believes sales will pick up in a year or two, making Promontory viable again. With our medalists, we see America at its best. Melaleuca is run by billionaire GOP megadonor Frank VanderSloot, who is reported to be the richest person in Idaho at an estimated net worth of $3.4 billion, according to Forbes. All rights reserved. Eventually, the initiative will be available for learners worldwide, reaching the goal of 100 million learners. 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.

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