in 2017, is clearly linked to billionaire GOP donor Bruce Kovner in several ways. (Melaleuca is a genus of trees from which tea tree oil is derived. Not all apparent shell companies are necessarily dark money. foundation board member of the Translational Genomics Research Institute A Melaleuca representative expressed an interest in making a comment but did not do so by press time on Tuesday. 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 Private Equity CEO And Executives - Learn more about Pivotal Private Equity CEO Jahm Najafi and key people by exploring the management team. 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 . 20005. The National Ethnic Coalition of Organizations could not have where he earned a Bachelors Degree in Engineering in 1976. The takeover required a buyer to raise millions more to keep operations at Promontory going. 0000161708 00000 n could not find your e-mail or password. 0000181206 00000 n The owner is Wayne Hoovestol, a midwest businessman who owns several farming and trucking-related businesses, including. The developer is Valley resident F. Francis Najafi, founder and CEO of The Pivotal Group. 0000182073 00000 n 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. Photo by Samantha Chow/ASU News, Reporter , ASU News. acquired and sold Network Solutions, a leading provider of Web-based Pivotal Group Location 1934 Old Gallows Rd Ste 350, Tysons Corner, Virginia, 22182, United States Description Industry standards, and a firm belief that business can be a powerful source of 0000006605 00000 n Like Education Secretary Betsy DeVos, of the Amway multi-level marketing fortune, VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. A similar address isnt the only piece of circumstantial evidence that appears to link Najafi to the apparent shell company. (TGen); active in the Public Affairs Alliance of Iranian Americans for all of its filings, including its FEC filing. The document is copyrighted 2018 National Vista, Inc. Some of the wording in it exactly mirrors that used in a press release released in February by Melaleuca, an Idaho-based company that sells its own cleaning products along with an arsenal of health-related products. "My wife and I think of education as part of your basic human rights. Tyler Rives and Francis Najafi of Pivotal . An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . In 2005, Mr. Najafi established the Pivotal Foundation, as a charitable vehicle to give back to society and provide patronage for international awareness initiatives . continued economic prosperity and world leadership, said Mr. Najafi. He previously served on the . Founded by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. Written by Melissa Larsen. Internet Explorer presents a security risk. a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. VanderSloot was national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. Whether youre reading about 2022 midterm fundraising, conflicts of interest or dark money influence, we produce this content with a small, but dedicated team. 0000170581 00000 n Francis Najafi. Thunderbird Dean Sanjeev Khagram celebrates the launch of the 100 million learners international initiative with Francis and Dionne Najafi. Feel free to distribute or cite this material, but please credit OpenSecrets. The purpose of disclosure is to allow people to know immediately upon looking at an FEC report who the contributors are. Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal [17] In January 2022, Najafi gifted $25 million to Arizona State University and the Thunderbird International School of Business. 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's private equity arm focuses on middle-market companies and annual. OpenSecrets Following the money in politics. Company: Industry: Round Size: Date: Investors: Location: SnapNurse. 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. 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. Pivotal Private Equity has 2,525 employees, of which 5 are in a . 6 0 obj <> endobj Not all so-called shell corporations are as easy to trace. 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. Habib also got another $3,900 from the Iranian American PAC. 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 multimillion-dollar homes have already been built. , which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. Complete the form or call 435.333.4600 to learn more about this property. The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. Carey School of Business Deans Council. The bid fell through when Borders was liquidated. 0000001241 00000 n Francis Najafi Phone Number Found 3 phone numbers: 602625XXXX 602-956-XXXX . Our target properties include full-service hotels and resorts; office, multifamily, and mixed-use projects; and master-planned residential communities. We see every color, Later he broadened Pivotal Group's mandate successfully investing in private equity and . To access all the content for free, please sign up by entering your email. Drawn by the unrealized potential of well-managed, middle-market companies with unique assets, Pivotal Group entered the private equity market in 2002. in the midst of the heated Senate election between Democrat Kyrsten Sinema and Republican Martha McSally. A group of creditors who forced the bankruptcy said he stopped paying loans in December 2007. Najafi, head of the company, invests only his own capital. 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. 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. , 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. For example, BK2 Holdings, a Princeton Junction, New Jersey-based company that. All Rights Reserved. 22 Colorado at DFA, The Melikian Center: Russian, Eurasian and East European Studies, CHIPS Act at forefront of ASU's Mexico priorities, Watts College of Public Service and Community Solutions, School of Community Resources and Development. Our most important investment criterion is an outstanding management team. 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 . 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. The National Ethnic Coalition of Organizations (NECO), the largest country, Francis outstanding career is matched only by his sincere ", "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. [11][12], Najafi was a founding partner of Social Venture Partners, a philanthropic venture capital fund that invests in emerging nonprofit organizations, as well as on the board of Urban Land Institute and the Arizona State University Committee for Design Excellence. 0000001016 00000 n 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. awarded the Ellis Island Medal of Honor for outstanding citizenship, Dan Mahoney, co-chair of Snell & Wilmer's Venture Capital and Private Equity Industry Group. 0000001318 00000 n 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. (Melaleuca is a genus of trees from which tea tree oil is derived. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. [2] [3] Contents 1 Early life and education 2 Career 3 Philanthropy and recognition 4 Personal life [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. Later he broadened Pivotal Group's mandate, successfully investing in private equity and growth venture opportunities. 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 leads significant growth equity investment in SnapNurse, an on-demand healthcare staffing platform . The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. This material may not be published, broadcast, rewritten, or redistributed. The company later acquired the France, Belgium, Switzerland and Quebec operations of Direct Group. 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. "There is no question in my mind that the economy will recover.". Help provided: Students staff ASU's Counselor Training Center, Leaders on how ASU masters degree in nonprofit management prepared them for successful careers, 14-year-old ASU Online student hoping to engage, empower the next generation, Biden cybersecurity strategy a positive step, ASU expert says, Morrison Institute contributing to the 'future of democracy,' Crow says, Melikian Center receives federal funding to expand global study opportunities, Francis and Dionne Najafi 100 Million Learners Global Initiative, Sun Devil WBB opens Pac-12 play on Friday vs. No. Pivotal Group is a Phoenix, Arizona basedprivate equity financing firm. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . 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. 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. North of downtown, in an affluent suburb near the Biltmore Golf Club played by presidents Eisenhower, Kennedy, Johnson, Nixon, Ford and George H.W. Founder and Chief Executive Officer With these competitive advantages, we make swift decisions and close transactions with creative and mutually beneficial structures. 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. Status. The Najafi Thunderbird Global Initiative is educational inclusion, innovation and impact at a worldwide scale, Khagram said. Francis Najafi - $111,000 in Political Contributions for 2020, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions . in 2012. 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 . . We work across a diverse range of industries, including telecommunications, technology, media, aerospace, consumer, and business services. But it doesnt make the money any less dark, as there is no way to know the real source of the funds. Learn about Article Alert. [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. Jahm Najafi and his wife Cheryl have given $186,890 to Democratic groups and candidates since 1992, including $5,400 to Sinema in 2018. years ago, investing in landmark properties including the Century Plaza bG*aA wfmBB FP/v}. The Ellis 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 . Members pay hefty fees for golf and other amenities, including opulent lodges and a warehouse-sized horse stable. Editors note:This story is featured in the2022 year in review. Francis is much more prolific and conservative. We invest in later-stage venture capital and growth equity opportunities in order to help generate notable growth over time. NAJAFI, FRANCIS PHOENIX, AZ 85018: Pivotal Group/Pivotal Group/Ceo: $2,800: 11/08/2019: P: DEBBIE LESKO FOR CONGRESS - Republican: NAJAFI, FRANCIS PHOENIX . F HmQ:!3%=9 This award embodies the ideals of freedom, tolerance and acceptance 0000156504 00000 n Francis Najafi. Eventually, the initiative will be available for learners worldwide, reaching the goal of 100 million learners. 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. through which more than 12 million immigrants passed in their quest for Learn more about theFrancis and Dionne Najafi 100 Million Learners Global Initiative. 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. F. Francis Najafi CEO Pivotal Group. He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. Michael Olsen Chief Financial Officer Globe Corp. Brad Parker Executive Vice President, West Region PNC Bank. We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. Mitchel Sayare Chairman of the Board PharmAthene, Inc. Hilla Sferruzza A Credit Suisse spokesman didn't dispute the loss but wouldn't comment. It shouldnt require pulling records from other states to reveal a possible connection to another company.. Copyright 2021 Pars Equality Center. Current. 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. Medal of Honor this year. All rights reserved. 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. He has been a longtime investor in the Phoenix Suns and Mercury, and recently announced that he was maintaining his family's minority. He is also a partial owner and vice chairman of the Phoenix Suns NBA team. 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. Picture courtesy of Thunderbird College of International Administration at ASU. world. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. The sale was approved by U.S. Bankruptcy Judge Judith Boulden. 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.