As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. To explore Pivotal Group's full profile, request access. Another 1,500 building lots are available across a sprawling sagebrush-covered hill overlooking the ski town of Park City. economic prosperity and human development around the world.. 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. As an immigrant some five decades ago, I learned the value of education. 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. But they dont appear to be on the same page politically. Francis is much more prolific and conservative. In 2015, Huffington Post reported that Francis may have used a shell company called Tread Standard LLC to transfer $150,000 to a pro-Jeb Bush super PAC. Locally, Mr. Najafi serves, on the Board of Directors of Sandra Day OConnor Institute, is a Cabinet Member of the Presidents Club at Arizona State University, a Board Member Emeritus and Capital Campaign Chair of Arizona Science Center, and serves on ASUs W.P. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. Francis Najafi is an Iranian-American businessman and investor. To request permission for commercial use, please contactus. public service activities offered by the Urban Land Institute. The Najafi Thunderbird Global Initiative is educational inclusion, innovation and impact at a worldwide scale, Khagram said. Thunderbird Dean Sanjeev Khagram celebrates the launch of the 100 million learners international initiative with Francis and Dionne Najafi. Copyright 2021 Pars Equality Center. [5], In May 2011, Najafi received the Ellis Island Medal of Honor for outstanding citizenship, individual achievement, and encouragement of cultural unity. Pivotal (Francis Najafi/Tyler Rives) The Najafi Companies (Jahm Najafi) . Use the CB Insights Platform to explore Pivotal Group's full profile. And former NSA Deputy Director Bill Crowell will also join the board. "Integrity is your word, your character and the foundation for all future endeavors. HSn@}G)_!UQ0B`%NpNZWb93350.HB$]>f8F^z^Sk6(`Sr\\L\G ZpL,Gqi 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. Park City, Utah. - F. Francis Najafi, CEO of Pivotal Group. "Having finished his undergraduate study in engineering, Francis obtained two masters degrees from the American Graduate School . %%EOF Mr. Najafi started a family of privately held firms 30 continued economic prosperity and world leadership, said Mr. Najafi. "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. 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. All rights reserved. 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 company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. To access all the content for free, please sign up by entering your email. DAN DELANEY. Disclosure of who is spending money in elections is a vital component of our campaign finance system, but transparency is undermined when a wealthy donor launders their contribution through a shell company, said Brendan Fischer, director of federal reform at the nonpartisan Campaign Legal Center. Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. 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. Two Thunderbird alumni, Francis and Dionne Najafi, donated $25 million to launch the initiative, the largest gift since Thunderbird joined ASU. Najafi was also a founding partner of Social Venture . Phoenix, AZ 85018. , VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. 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. Since 2001, we have generated a substantial economic impact to Summit County, including $2 billion in construction projects, $90 million in property tax revenue, $340,000 for affordable housing, $1.2 million in grants to local non-profits, $3 million-plus in agriculture protection fees, $84 million in employee wages plus an additional $84 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. 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. 0000005250 00000 n The bid fell through when Borders was liquidated. 0000005917 00000 n Our most important investment criterion is an outstanding management team. 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. Our goal is to enable A+ teams to reach their peaks and achieve greatness. In 1982 he founded Pivotal Group, a real estate opportunity fund with uncanny market timing and wisdom. One of the reasons Arizona State University is so pleased to have Thunderbird as part of our enterprise is because it is a school that has been focused on sustained prosperity worldwide for decades. Professional Services . 0000156504 00000 n Pivotal Group is a Phoenix, Arizona basedprivate equity financing firm. 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. That is so unique to Thunderbird.. By the fourth year or earlier, the program will have expanded to Europe and Central Asia with 40 total languages. 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. Dan Mahoney, co-chair of Snell & Wilmer's Venture Capital and Private Equity Industry Group. My wife and I think of education as part of your basic human rights. The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. 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. [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. At its inception, the firm capitalized on profitable market niches by acquiring,. Fund a NeedBecome a SponsorBecome a Volunteer, Phone: (408) 297-6700Fax: (408) 261-6401 Email: info@parsequalitycenter.orgAddress: 1635 The Alameda, San Jose, CA 95126, Phone: (818) 616-3091 Fax: (818) 616-3092 Address: 4954 Van Nuys Blvd. Pivotal group gave $3,800. 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. Francis Najafi is a '77 alum of Thunderbird, and his wife, Dionne, is an '06 alum. No credit card required. that is America, said Nasser J. Kazeminy, Chairman of NECO. Najafi kept operations going during a yearlong bankruptcy. All prices, incentives, locations, descriptions, options, and terms are subject to change without notice. Status. The architecturally diverse structures would allow family members to engage in their individual pursuits and gather for joint recreation and celebration. through which more than 12 million immigrants passed in their quest for He has made such an amount from his various business. The federal-level Iranian American PAC has received $15,000 from Francis Najafi, while the groups state-level, in the 2016 election cycle and another $2,500 from the Jahm Najafi-owned, 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. that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. [2][3], Najafi was born in Isfahan, Iran in 1955. His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. 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. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. Francis Najafi is founder of Pivotal. Najafi said he believes sales will pick up in a year or two, making Promontory viable again. 0000006605 00000 n Pivotal's real. The developer is Valley resident F. Francis Najafi, founder and CEO of The Pivotal Group. [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. , 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. 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. 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 . Sign up for our newsletter to track moneys influence on U.S. elections and public policy. Melaleuca sells its products through a multi-level marketing structure. 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. commitment to serving his community, both locally and internationally., The cultural diversity of our great nation is essential for Americas Francis Najafi Phone Number Found 3 phone numbers: 602625XXXX 602-956-XXXX . Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. Same platform but with new and improved features. Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. 20005. Dallas-based Highland Capital Management, a hedge fund that owns about 40 percent of the loans, didn't return calls from The Associated Press. awarded the Ellis Island Medal of Honor for outstanding citizenship, 8758 N Promontory Ranch Rd 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. Pivotal concentrated on buying commercial properties such as 650 California Street in San Francisco, The . 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. Though the source of DRTs funding is muddy, it appears to have a relatively obvious link to Hoovestols businesses. McCain. 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. 0000182369 00000 n Washington, acquired and sold Network Solutions, a leading provider of Web-based PHOENIX--(BUSINESS WIRE)--F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, was 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.
