Thunderbird has touched more than 2 million learners in its 75-year history, said Thunderbird Director General and Dean Sanjeev Khagram. Former recipients include business icons qualities in both their personal and processional lives, while 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. Francis Najafi is founder of Pivotal. Thank you for accessing our content on the Topio Networks Market Intelligence Center. Mr. Najafi serves as a Board Member of several private companies. However, National Vista did something of note besides bankrolling a super PAC. F HmQ:!3%=9 , and they look to take control positions in companies. Najafi insisted the bankruptcy was not his doing. When he needed a steadier paycheck, Karl went on to work in accounting and received his MBA at Vanderbilt. 0000003204 00000 n 0000001908 00000 n He is also a graduate of Thunderbird School of Global Management ('77) as is his wife. 0000001016 00000 n Professional Services . "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. 0000007915 00000 n 0000161571 00000 n Hakuziyaremye said Africans across the continent will be able to access a world-class global education. 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. 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. 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. 0000000016 00000 n 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. Francis Najafi. Pivotal concentrated on buying commercial properties such as 650 California Street in San Francisco, The . public service activities offered by the Urban Land Institute. Michael Olsen Chief Financial Officer Globe Corp. Brad Parker Executive Vice President, West Region PNC Bank. In addition to his professional success, this father 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. In 1982, he founded Pivotal Group, a real estate opportunity fund. every race from so many walks of life, together, celebrating the magic Sign up for our newsletter to track moneys influence on U.S. elections and public policy. Current. for all of its filings, including its FEC filing. The project was shopped to 80 potential investors, none of whom ventured a bid. Pivotal Group, Thunderbird The School of Global Management, Intelligent Assistance and Bots Ecosystem. Flooding changed the course of the river in 1897 leaving a two-mile square piece of Iowa forever marooned in Nebraska. organization of its kind in the U.S., presented the award. Pivotal Group is part of the Venture Capital & Private Equity industry, and located in Virginia, United States. Editors note:This story is featured in the2022 year in review. Tri-Point Column in Carter Lake, Iowa. 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. Based on our data team's research, Jahm Najafi is the Pivotal Private Equity's CEO. Learn more about theFrancis and Dionne Najafi 100 Million Learners Global Initiative. Najafi Companies did not respond to a request for comment on any potential connection with DPUS. All rights reserved. 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. 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. Mr. Najafi has substantial board-level experience. It is unclear how DRT is funded and what the company does, outside of giving political contributions. Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. 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. Read More sale of $100 million to $1 billion. %%EOF We seek to identify new strategic investments in established companies to create significant value over time. 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. In 1982, he founded Pivotal Group, a real estate opportunity fund. individual achievement and encouragement of cultural unity at an awards 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. [18], In 2003, Najafi, through Najafi Cos., purchased Network Solutions from Verisign Inc. for $20 million. 2022 Promontory Development, LLC. Our most important investment criterion is an outstanding management team. The honorees are remarkable Americans who exemplify outstanding 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. 0000170314 00000 n 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. Quan, 602-373-2400. Chief Executive Officer @ Pivotal Group Preparing Francis profile View Francis's Email & Phone (It's Free) 5 free lookups per month. He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. Unlike other MLM companies, products are sold online and shipped directly to the consumer. Najafi has referred to The Central Park as his "legacy project," creating something that is unique, long-lasting, and perhaps serving as a model for . We understand that it takes vision, persistence, and humility to succeed. 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. Pivotal's real. Page 6 of 9. Eventually, the initiative will be available for learners worldwide, reaching the goal of 100 million learners. 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. Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. As an immigrant some five decades ago, I learned the value of education. 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 . [3], Najafi has a bachelor's degree in economics from the University of California, Berkeley. Contact Tyler Rives His company was responsible for the redesign and re-launch of the Esplanade Mall on Camelback Road. 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). There is a large body of people around the world who have no access to education, Francis Najafi said. Sign up for our newsletter, and we promise to send you only the good stuff. At its inception, the firm capitalized on profitable market niches by acquiring, developing and managing investment grade commercial real estate properties in the Southwest. 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 This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. 0000175548 00000 n Promontory, valued at $560 million before the recession took hold a year ago, was sold for just $30 million to a developer who walked away from $350 million in loans packaged by Credit Suisse and sold to hedge funds and other investors. 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 To access all the content for free, please sign up by entering your email. Francis Najafi has been working as a Chief Executive Officer at Pivotal Group for 18 years. By the second year, the program will be expanded across Africa, the Middle East, Asia and Latin America to at least 25 languages. 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. We empirically evaluate markets and asset classes allowing us to effectively anticipate market movements. Script error: No such module "Draft topics". A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 To explore Pivotal Group's full profile, request access. Mr. Najafi has received several honors including the Ellis Island Medal of Honor, the NCCJ Humanitarian Award, Thunderbird Alumni Association Distinguished Alumni Award for Achievement as an Entrepreneur, and was honored as a Thunderbird Global Leader with the unveiling of the Najafi Global Mindset Institute at Thunderbird School of Global Management. Najafi said he believes sales will pick up in a year or two, making Promontory viable again. "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. In court on Friday, Credit Suisse didn't support or oppose Najafi's bid, surrendering the battle. Notable deals. 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. He came to America from Iran to get an education and earned four degrees from three universities. 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. 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. Dallas-based Highland Capital Management, a hedge fund that owns about 40 percent of the loans, didn't return calls from The Associated Press. The architecturally diverse structures would allow family members to engage in their individual pursuits and gather for joint recreation and celebration. Pictured is a section of the Boise, Idaho skyline. For more information, visit www.pivotalgroup.com. 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. With these competitive advantages, we make swift decisions and close transactions with creative and mutually beneficial structures. He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. Script error: No such module "Draft topics". 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. communities such as Promontory, an award-wining second-home community in No federal or state agency has judged the merits or value, if any, of this property. The plan is for a phased approach. trailer 0000003867 00000 n "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. Habib also got another $3,900 from the Iranian American PAC. 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 Iranian nuclear deal the Obama . "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. The sale was approved by U.S. Bankruptcy Judge Judith Boulden. freedom of speech, religion and economic opportunity. Not all so-called shell corporations are as easy to trace. Picture courtesy of Thunderbird College of International Administration at ASU. could not find your e-mail or password. 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. property in San Francisco, the Phoenix Ritz-Carlton; and developing [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. [5][6], Najafi continued his education at the University of Southern California where he worked as a Teachers Assistant (197779) while completing a Masters Degree in International Relations and his Ph.D. candidacy in the International Political Economy program. Jahm Najafi and his wife Cheryl have given $186,890 to Democratic groups and candidates since 1992, including $5,400 to Sinema in 2018. Later he broadened Pivotal Group's mandate successfully investing in private equity and . Najafi. , VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. Over the years, its portfolio expanded to include master-planned developments and landmark properties throughout the nation. 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. 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. Later he broadened Pivotal Groups mandate, successfully investing in private equity and growth venture opportunities. Drawn by the unrealized potential of well-managed, middle-market companies with unique assets, Pivotal Group entered the private equity market in 2002. "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. Instastaff is a startup business that provides staffing to business customers seeking shift employees. 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. awarded the Ellis Island Medal of Honor for outstanding citizenship, 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. 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. 0000156504 00000 n Internet Explorer presents a security risk. 0000176062 00000 n Additionally, we seek underperforming and distressed properties where we can add value through renovation, repositioning, redeployment, expansion, or capital restructuring.
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