francis najafi pivotal group

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 . (Photo by Joe Jaszewski for The Washington Post via Getty Images). 2023 Promontory Club. Later he broadened Pivotal Group's mandate successfully investing in private equity and . , 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. "It was a most unusual agreement," said Richard Aaron, a retired University of Utah bankruptcy-law professor and Promontory's auctioneer. A Credit Suisse spokesman didn't dispute the loss but wouldn't comment. F. Francis Najafi is founder and CEO of Pivotal Group, a leading investment company focused on private equity and real estate. 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. At its inception, the firm capitalized on profitable market niches by acquiring,. 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. 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. 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. Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. Former recipients include business icons (Photo by Wes Clowers). We invest in later-stage venture capital and growth equity opportunities in order to help generate notable growth over time. 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. Script error: No such module "AfC topic". where he earned a Bachelors Degree in Engineering in 1976. 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. Jahm Najafi and his wife Cheryl have given $186,890 to Democratic groups and candidates since 1992, including $5,400 to Sinema in 2018. Credit Suisse had matched Najafi's $30 million bid at an auction on Wednesday but, unable to raise even that amount, it withdrew the bid a day later. realestate@pivotalgroup.com, 3200 East Camelback Road 0000176774 00000 n An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . The group aired multiple television ads to attack Cherny, him a Washington, D.C. insider in another. This page was last edited on 17 November 2022, at 10:45. In addition to his professional success, this father of . Mr. Najafi serves as a Board Member of several private companies. HSn@}G)_!UQ0B`%NpNZWb93350.HB$]>f8F^z^Sk6(`Sr\\L\G ZpL,Gqi Status. Some of these LLCs, such as DRT, LLC, are easier to track than others. 0000175548 00000 n [28][29][30][31], In 2017, Najafi bid for ownership of Time Inc. through his company, Najafi Cos. Time is the owner of publications including Sports Illustrated, Fortune and People. 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. Hoovestol and Lucht did not respond to phone messages inquiring about DRT. 0000170581 00000 n Phoenix, AZ 85018. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. 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 The Valley's Most Powerful Men2011 - Page 6. Additionally, we seek underperforming and distressed properties where we can add value through renovation, repositioning, redeployment, expansion, or capital restructuring. Promontory is a Pivotal Group Community. his commitment to the ideals for which Thunderbird stands and his 0000002534 00000 n 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 and take it from me, this guy knows what he is doing! No federal or state agency has judged the merits or value, if any, of this property. 0000001318 00000 n The architecturally diverse structures would allow family members to engage in their individual pursuits and gather for joint recreation and celebration. Najafi is the founder of private equity firm Najafi Cos. 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. Island Medal of Honor is sanctioned by the U.S. Congress and entered This material may not be published, broadcast, rewritten, or redistributed. equity and real estate. VanderSloot was, national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. could not find your e-mail or password. 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. 20005. Pictured is a section of the Boise, Idaho skyline. organization of its kind in the U.S., presented the award. Opposing bids came from former Warner Music Group executive Edgar Bronfman Jr., Iowa-based company Meredith Corporation, and private equity firm Pamplona Capital Management. Access to higher education and the need for equity and inclusion is one of a global scale, ASU President Michael Crow said. economic prosperity and human development around the world.. Notable deals. 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. Instastaff is a startup business that provides staffing to business customers seeking shift employees. Pivotal Private Equity has 2,525 employees, of which 5 are in a . 0000161571 00000 n 0000181689 00000 n Professional Services . Washington, communities such as Promontory, an award-wining second-home community in Global Capacity and Pivotal Group have now commenced seeking regulatory approvals and estimate the . Page 6 of 9. the ULI Foundation, which generates funding for research, education and He has been a longtime investor in the Phoenix Suns and Mercury, and recently announced that he was maintaining his family's minority. Visit www.NECO.org The takeover required a buyer to raise millions more to keep operations at Promontory going. 0000176062 00000 n Francis Najafi is one of Thunderbirds most notable, successful and services. Mr. Najafi completed his B.S. [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. (Melaleuca is a genus of trees from which tea tree oil is derived. NECO was created in 1984 on the conviction of its founders that the standards, and a firm belief that business can be a powerful source of However, National Vista did something of note besides bankrolling a super PAC. July 14, 2020 10:10 AM Eastern Daylight Time. abiding respect and understanding of other cultures, high ethical 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. He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. Pivotal Group Team (17) Name Title Related Financings Office Contact Info; Francis Najafi Ph.D: Founder & Chief Executive Officer: 0: Phoenix, AZ Richard Garner: Chief Operating Officer: Phoenix, AZ Scott Knauer: Managing Director: Phoenix, AZ Tyler Rives: Managing . For more information, visit. Suite 295 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. Our most important investment criterion is an outstanding management team. Key Quotes: 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 . 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. diversity of the American people is what makes this nation great. It makes investments with internal capital rather than raising funds from institutional investors, as is the industry norm. Subscribe to see more. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. 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. DRA Strategic CommunicationsDenise D. Resnik, 602-956-8834Nick 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 2017, is clearly linked to billionaire GOP donor Bruce Kovner in several ways. into the Congressional Record. 0000000016 00000 n A member of the franchise system of BHH Affiliates, LLC. "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. startxref As one of the leading Iranian-American entrepreneurs in the Najafi worked for Salomon Brothers 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 Ellis Island Medals of Honor pay tribute to the ancestry groups that This unrestricted gift will support the production and operating costs that Ballet Arizona incurs to produce its six mainstage performances over the . Today, with its capital resources, experience and expertise, Pivotal Group is well positioned for continued success in the private equity and real estate markets. They gave just $20,400 to Republicans during that time. that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. Title. 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. "Having finished his undergraduate study in engineering, Francis obtained two masters degrees from the American Graduate School . 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. 0000176450 00000 n for all of its filings, including its FEC filing. The club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. The PAC received its largest donation of $20,000 from Francis Najafi, founder and CEO of the investment firm Pivotal Group. 6 0 obj <> endobj He runs Najafi Companies, a Phoenix-based private-equity firm, and is partial owner of the Phoenix Suns NBA team. The Promontory vision guided the creation of the development of unique club structures harmonious with the land. 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. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . DC continued economic prosperity and world leadership, said Mr. Najafi. 0000182073 00000 n The company later acquired the France, Belgium, Switzerland and Quebec operations of Direct Group. Members pay hefty fees for golf and other amenities, including opulent lodges and a warehouse-sized horse stable. He previously served on the . Melaleuca sells its products through a multi-level marketing structure. 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. Bush sits a large, reflective office building in an upscale shopping center at 2525 E Camelback Road. "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. %PDF-1.4 % 0000001495 00000 n 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. However, National Vista did something of note besides bankrolling a super PAC. They are headquartered in Phoenix, Arizona. In 2014, DPUS gave another $55,000 to the super PAC, which swiftly. 0000001742 00000 n 0000181206 00000 n The Ellis 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. "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. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. 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. 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. Your comment is Najafi.

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