Like Education Secretary Betsy DeVos, of the. 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. commitment to serving his community, both locally and internationally., The cultural diversity of our great nation is essential for Americas 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. In 2007, it sold Network Solutions to General Atlantic for $800 million. Suite 201, Sherman Oaks, CA 91403. This approach allows us to profit from the cyclical nature of the real estate market. a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. . No federal or state agency has judged the merits or value, if any, of this property. Pivotal's Francis Najafi and Tyler Rives also join SnapNurse's Board of . www.vbprofiles.com is now www.topionetworks.com. Najafi insisted the bankruptcy was not his doing. Opposing bids came from former Warner Music Group executive Edgar Bronfman Jr., Iowa-based company Meredith Corporation, and private equity firm Pamplona Capital Management. 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. Pivotal's Private Equity practice, which is traditionally oriented around full buyouts. Francis Najafi is an Iranian-American businessman and investor. [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. Copyright 2009 Associated Press. 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. Script error: No such module "AfC topic". It has a local reputation as a lower-income town of small houses, mobile homes, airport hotels, a few industrial businesses and a large abstract steel sculpture called Tri-Point Column by the late sculptor Rod Kagan sitting alone in a field on Abbott Drive. 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. Equal Housing Opportunity. ), Both releases use identical wording in several instances and note the exact same findings. 6 36 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. Jamshid Jahm Najafi (born March 1963)[1] is an Iranian-American billionaire[2] businessman. 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. startxref 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. Name. The owner is Wayne Hoovestol, a midwest businessman who owns several farming and trucking-related businesses, including. Visit www.NECO.org Najafi countered that Credit Suisse agreed to loan money he says he didn't even need and that the bank was a victim of its own excess. , VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. Obtain the property report and read it before signing anything. Ballet Arizona announced it recently received a multi-year gift in the amount of $500,000 from Mr. F. Francis & Mrs. Dionne Najafi of the Pivotal Group, a private entrepreneurial investment firm. where he earned a Bachelors Degree in Engineering in 1976. [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. Pivotal Group is the largest investor in the startup 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 as of 2018 including Apple, WalMart and Coca-Cola. Global management certificate to be available at no cost, in 40 languages. Pivotal Group leads significant growth equity investment in SnapNurse, an on-demand healthcare staffing platform . Learn about Article Alert. F HmQ:!3%=9 0000063403 00000 n However, National Vista did something of note besides bankrolling a super PAC. He runs Najafi Companies, a Phoenix-based private-equity firm, and is partial owner of the Phoenix Suns NBA team. Jackie Pelham Global Business Leader W. L. Gore & Associates Inc. Glenn Rufrano Community Member. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. [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. 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. . 0000001908 00000 n 0000155666 00000 n 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 . The bid fell through when Borders was liquidated. in 2017, is clearly linked to billionaire GOP donor Bruce Kovner in several ways. In addition to his professional success, this father of . 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. 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 club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. [4] Upon graduation from ASU, he attended the Thunderbird School of Global Management and earned a Masters Degree in International Management in 1977. that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. , and they look to take control positions in companies. Habib also got another $3,900 from the Iranian American PAC. Later he broadened Pivotal Group's mandate successfully investing in private equity and . This unrestricted gift will support the production and operating costs that Ballet Arizona incurs to produce its six mainstage performances over the . "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. By the fourth year or earlier, the program will have expanded to Europe and Central Asia with 40 total languages. [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. Najafi said he'll have to spend about $70 million before Promontory recovers. Their largest recipient is Rep. Steve King (R-Iowa) with $25,700 in contributions. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 F. Francis Najafi is the American Dream come to life. into the Congressional Record. The Pivotal Foundation has in the last three years given $205,000 to the National Iranian-American Council (NIAC), which has been a vocal advocate for the . 20005. HSn@}G)_!UQ0B`%NpNZWb93350.HB$]>f8F^z^Sk6(`Sr\\L\G ZpL,Gqi 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. We assist management with strategy and equip them with capital to help realize their companys potential. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . property in San Francisco, the Phoenix Ritz-Carlton; and developing 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 . 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. 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. xref Unlike other MLM companies, products are sold online and shipped directly to the consumer. No credit card required. Mr. Najafi is one of six Iranian-Americans to receive the Ellis Island 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.. 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. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. Pivotal Group is a Phoenix, Arizona basedprivate equity financing firm. Later he broadened Pivotal Groups mandate, successfully investing in private equity and growth venture opportunities. 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. We are grateful for their commitment to a borderless expansion of the opportunities that come with higher education.. Editors note:This story is featured in the2022 year in review. With our medalists, we see America at its best. Later he broadened Pivotal Group's mandate, successfully investing in private equity and growth venture opportunities. 0000005250 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. The National Ethnic Coalition of Organizations (NECO), the largest Use the CB Insights Platform to explore Pivotal Group's full profile. "It was a most unusual agreement," said Richard Aaron, a retired University of Utah bankruptcy-law professor and Promontory's auctioneer. 8758 N Promontory Ranch Rd diversity of the American people is what makes this nation great. Mr. Najafi completed his B.S. Arizona State Universitys Thunderbird School of Global Managementannounced plans today to educate 100 million learners by 2030, thanks to a historic $25 million donation. Promontory is a Pivotal Group Community. The group aired multiple television ads to attack Cherny, him a Washington, D.C. insider in another. Subscribe to see more. , which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. We invest in later-stage venture capital and growth equity opportunities in order to help generate notable growth over time. Contact Tyler Rives Francis is much more prolific and conservative. 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. Over the years, its portfolio expanded to include master-planned developments and landmark properties throughout the nation. Najafi holds an DC The deal is subject to a 45-day period where ErosSTX may solicit other offers; if ErosSTX declines the offer, it must pay a $4.5 million breakup fee. F. Francis Najafi CEO Pivotal Group. , 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. 0000003204 00000 n Download Full Image. 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. Our target properties include full-service hotels and resorts; office, multifamily, and mixed-use projects; and master-planned residential communities. PHOENIX--(BUSINESS WIRE)--F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, was After Sinema won the primary, the super PAC transferred $100,000 to House Majority PAC, which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. Francis Najafi - $111,000 in Political Contributions for 2020, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions . The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. Script error: No such module "Draft topics". To explore Pivotal Group's full profile, request access. Our goal is to enable A+ teams to reach their peaks and achieve greatness. 0000176774 00000 n committed graduates, not only in his professional career, but also for 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 and Chief Executive Officer of Pivotal Group, a thirty year old investment firm with experience in private equity and real estate investments. 0000001495 00000 n [5], In May 2011, Najafi received the Ellis Island Medal of Honor for outstanding citizenship, individual achievement, and encouragement of cultural unity. Pivotal Group is a leading investment company focused on private equity Company: Industry: Round Size: Date: Investors: Location: SnapNurse. Francis Najafi. 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. Current. privateequity@pivotalgroup.com, Contact Richard Garner organization of its kind in the U.S., presented the award. 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. Francis Najafi is founder of Pivotal. We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins.