Richer's PAC had $69,761 in total expenditures, with $45,000 going to Defending Arizona Values, a campaign launched by Arizona Democrat Rep. Ann Kirkpatrick. Chief Executive Officer @ Pivotal Group Preparing Francis profile View Francis's Email & Phone (It's Free) 5 free lookups per month. Pivotal Group is part of the Venture Capital & Private Equity industry, and located in Virginia, United States. 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. that is America, said Nasser J. Kazeminy, Chairman of NECO. every race from so many walks of life, together, celebrating the magic 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. Francis is much more prolific and conservative. tank; a trustee and alumnus of Thunderbird School of Global Management; "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. The takeover required a buyer to raise millions more to keep operations at Promontory going. Professional Services . 41 0 obj <>stream Script error: No such module "Draft topics". 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. Former recipients include business icons . [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. (Photo by Joe Jaszewski for The Washington Post via Getty Images). Name. Habib also got another $3,900 from the Iranian American PAC. 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. adding to the rich diversity and cultural hodgepodge that makes America 0000001495 00000 n We invest in later-stage venture capital and growth equity opportunities in order to help generate notable growth over time. She has served as an executive for Pivotal Group, a private equity and real estate investment firm, KSL, a KKR, Kohlberg, Kravis and Roberts company, and as Executive Director of The National Women's Hall of Fame in New York, which recognizes and celebrates the achievements of extraordinary American women. 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. In 2014, DPUS gave another $55,000 to the super PAC, which swiftly. He previously served on the . Pivotal's real. 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. 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. Opposing bids came from former Warner Music Group executive Edgar Bronfman Jr., Iowa-based company Meredith Corporation, and private equity firm Pamplona Capital Management. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. (Melaleuca is a genus of trees from which tea tree oil is derived. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los Angeles, Alameda, California-based Harbor Bay and 650 California Street in San Francisco. xref VanderSloot was, national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. %%EOF "There is no question in my mind that the economy will recover.". Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. A group of creditors who forced the bankruptcy said he stopped paying loans in December 2007. "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. We do not acquire companies from management teams; we partner with them. 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. Mr. Najafi serves as a Board Member of several private companies. Today, the club members enjoy an impressive suite of 14 signature amenities with several new additions in the works. Francis Najafi. McCain. Drawn by the unrealized potential of well-managed, middle-market companies with unique assets, Pivotal Group entered the private equity market in 2002. , which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. 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. Copyright 2009 Associated Press. 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.. in 2012. 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. We want to make sure you get the most out of our platform. ancestors. The owner is Wayne Hoovestol, a midwest businessman who owns several farming and trucking-related businesses, including. 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 , 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. 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. Medal of Honor this year. Francis Najafi has been working as a Chief Executive Officer at Pivotal Group for 18 years. Later he broadened Pivotal Groups mandate, successfully investing in private equity and growth venture opportunities. Michael Olsen Chief Financial Officer Globe Corp. Brad Parker Executive Vice President, West Region PNC Bank. We work across a diverse range of industries, including telecommunications, technology, media, aerospace, consumer, and business services. Their typical investments range from $25MM-$250MM. All rights reserved. [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. NECO was created in 1984 on the conviction of its founders that the He is also a partial owner and vice chairman of the Phoenix Suns NBA team. The club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. , many of which use the same Iowa address. <<7E07F676488E4E4DB696AADCB8495A3F>]>> By the second year, the program will be expanded across Africa, the Middle East, Asia and Latin America to at least 25 languages. The group aired multiple television ads to attack Cherny, him a Washington, D.C. insider in another. Work History. They gave just $20,400 to Republicans during that time. Francis Najafi - $111,000 in Political Contributions for 2020, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions . Picture courtesy of Thunderbird College of International Administration at ASU. Pivotal's Francis Najafi and Tyler Rives also join SnapNurse's Board of . 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. "Having finished his undergraduate study in engineering, Francis obtained two masters degrees from the American Graduate School . Learn more about theFrancis and Dionne Najafi 100 Million Learners Global Initiative. We understand that it takes vision, persistence, and humility to succeed. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . Based on our data team's research, Jahm Najafi is the Pivotal Private Equity's CEO. 0000005250 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. ", "Paula Deen makes $75M deal to re-boot her empire", "NBA team owner may soon own Sports Illustrated's owner", "Boivin: The story behind Sean Miller's questionable timeout vs. UCLA", "STX Separating From Eros As Najafi Companies Enters $173M Agreement To Acquire Hollywood Studio", https://en.wikipedia.org/w/index.php?title=Jahm_Najafi&oldid=1141017506, This page was last edited on 22 February 2023, at 23:17. 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). degree in engineering followed by two Masters Degrees from Thunderbird The School of Global Management, and the University of Southern California (USC). 2022 Promontory Development, LLC. Key Quotes: 0000156504 00000 n 0000003867 00000 n And in a $244,200 contribution to Paul Ryans joint fundraising committee. Restoring Arizonas Integrity made all of its independent expenditures $59,796 in the. Mr. Najafi serves as a Board Member of several private companies. He is also a graduate of Thunderbird School of Global Management ('77) as is his wife. An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . Today, with its capital resources, experience and expertise, Pivotal Group is well positioned for continued success in the private equity and real estate markets. Dallas-based Highland Capital Management, a hedge fund that owns about 40 percent of the loans, didn't return calls from The Associated Press. Pivotal concentrated on buying commercial properties such as 650 California Street in San Francisco, The . 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. When he needed a steadier paycheck, Karl went on to work in accounting and received his MBA at Vanderbilt. Photo by Samantha Chow/ASU News, Reporter , ASU News. . 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 . in the midst of the heated Senate election between Democrat Kyrsten Sinema and Republican Martha McSally. 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. Pivotal Group appeared to be the VC, which was created in 1982. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. 0000181689 00000 n 2023 Promontory Club. Mr. As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. As one of the leading Iranian-American entrepreneurs in the Sign up for our newsletter to track moneys influence on U.S. elections and public policy. Pivotal group gave $3,800. It shouldnt require pulling records from other states to reveal a possible connection to another company.. The use of shell company contributions to super PACs is a growing trend that has captured the attention of government watchdogs. However, National Vista did something of note besides bankrolling a super PAC. Popular Searches Pivotal Group Inc The Pivotal Group LLC A Melaleuca representative expressed an interest in making a comment but did not do so by press time on Tuesday. [10], Najafi Companies (Najafi Cos.), a private-equity firm, was established in 2002. startxref Hoovestol and Lucht did not respond to phone messages inquiring about DRT. 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. [4] Upon graduation from ASU, he attended the Thunderbird School of Global Management and earned a Masters Degree in International Management in 1977. At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. Title. His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. Though the source of DRTs funding is muddy, it appears to have a relatively obvious link to Hoovestols businesses. Najafi Companies did not respond to a request for comment on any potential connection with DPUS. "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. Najafi. To explore Pivotal Group's full profile, request access. Pivotal Private Equity CEO And Executives - Learn more about Pivotal Private Equity CEO Jahm Najafi and key people by exploring the management team. ceremony this past weekend in the historic Great Hall on Ellis Island. 0000176774 00000 n We assist management with strategy and equip them with capital to help realize their companys potential. Pivotal Group is a Phoenix, Arizona basedprivate equity financing firm. A Credit Suisse spokesman didn't dispute the loss but wouldn't comment. Pivotal Group is the largest investor in the startup company. Current. Najafi said he'll have to spend about $70 million before Promontory recovers. in the midst of the Arizona gubernatorial election between Doug Ducey and Fred DuVal. He currently serves as Chairman of the Board of NxSystems. For more information, visit www.pivotalgroup.com. Najafi kept operations going during a yearlong bankruptcy. world. Jackie Pelham Global Business Leader W. L. Gore & Associates Inc. Glenn Rufrano Community Member. Website by Needlestack. Want first access to OpenSecrets' investigations and data features? The PAC received its largest donation of $20,000 from Francis Najafi, founder and CEO of the investment firm Pivotal Group. The opaque quality of a registered agent address makes the real source of the dark money very difficult to track.