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 We seek to identify new strategic investments in established companies to create significant value over time. 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. 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. It also doesnt mind giving identical contributions to the same group in multiple increments, as various branches of the company gave a total of four $250,000 contributions to anti-Obama super PAC Restore Our Future in 2011. trailer Want first access to OpenSecrets' investigations and data features? The certificate will be covered by full scholarships, thus at no cost to learners. , many of which use the same Iowa address. 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. awarded the Ellis Island Medal of Honor for outstanding citizenship, Download Full Image. 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. Najafi is founder and CEO of Pivotal Group, a 30-year-old investment firm with extensive experience in private equity investments, and all major real estate product types. years ago, investing in landmark properties including the Century Plaza degree in engineering followed by two Masters Degrees from Thunderbird The School of Global Management, and the University of Southern California (USC). 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. 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. equity and real estate. 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. Francis Najafi is an Iranian-American businessman and investor. 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. "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. Thirty years ago, Najafi founded Pivotal Group, one of the Valley's top investment companies. abiding respect and understanding of other cultures, high ethical Notable deals. 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. %%EOF Two Thunderbird alumni, Francis and Dionne Najafi, donated $25 million to launch the initiative, the largest gift since Thunderbird joined ASU. Global Capacity and Pivotal Group have now commenced seeking regulatory approvals and estimate the . 0000176062 00000 n 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. [34], Najafi and his wife, Cheryl Najafi, live in Arizona with their three children. privateequity@pivotalgroup.com, Contact Richard Garner 0000003204 00000 n Pivotal Group appeared to be the VC, which was created in 1982. 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. Key Quotes: For over twenty-five years, Pivotal has been involved with niche residential projects, commercial development, master planned communities, luxury hotel and spa properties, commercial office buildings and other real estate . "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. We look forward to providing you with even more cutting-edge market research, as Topio Networks. [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. My wife and I think of education as part of your basic human rights. Hakuziyaremye said Africans across the continent will be able to access a world-class global education. Mitchel Sayare Chairman of the Board PharmAthene, Inc. Hilla Sferruzza He came to America from Iran to get an education and earned four degrees from three universities. Mr. Najafi has substantial board-level experience. Najafi Companies did not respond to a request for comment on any potential connection with DPUS. (Photo by Wes Clowers). Copyright 2021 Pars Equality Center. Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. 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. There is a large body of people around the world who have no access to education, Francis Najafi said. Professional Services . The group aired multiple television ads to attack Cherny, him a Washington, D.C. insider in another. 0000001241 00000 n Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. As an immigrant some five decades ago, I learned the value of education. in the midst of the Arizona gubernatorial election between Doug Ducey and Fred DuVal. The only link to National Vista on the internet is an obscure document that highlights a widely cited study linking national brand cleaning products such as Clorox and Lysol to lung damage. We do not acquire companies from management teams; we partner with them. 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 Restoring Arizonas Integrity in 2012. Najafi kept operations going during a yearlong bankruptcy. Mr. Najafis interest and commitment to community service spans the Democratic primary to oppose Andrei Cherny, who would go on to lose to Sinema during her first successful bid for the House. The company later acquired the France, Belgium, Switzerland and Quebec operations of Direct Group. into the Congressional Record. The honorees are remarkable Americans who exemplify outstanding At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. Group is a diversified investment company primarily focused on private The only link to National Vista on the internet is an. We invest in later-stage venture capital and growth equity opportunities in order to help generate notable growth over time. All prices, incentives, locations, descriptions, options, and terms are subject to change without notice. Pivotal's real. a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. Francis Najafi has been working as a Chief Executive Officer at Pivotal Group for 18 years. where he earned a Bachelors Degree in Engineering in 1976. Jackie Pelham Global Business Leader W. L. Gore & Associates Inc. Glenn Rufrano Community Member. 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. Today, with its capital resources, experience and expertise, Pivotal Group is well positioned for continued success in the private equity and real estate markets. F HmQ:!3%=9 adding to the rich diversity and cultural hodgepodge that makes America Ellis Island is the gateway An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . Washington, Technically, the town is on the Nebraska side of the Missouri River in Omaha, and its horseshoe-shaped lake was once an oxbow bend of the river itself. (Melaleuca is a genus of trees from which tea tree oil is derived. Dan Mahoney, co-chair of Snell & Wilmer's Venture Capital and Private Equity Industry Group. The purpose of disclosure is to allow people to know immediately upon looking at an FEC report who the contributors are. In 1982 he founded Pivotal Group, a real estate opportunity fund with uncanny market timing and wisdom. Whether youre reading about 2022 midterm fundraising, conflicts of interest or dark money influence, we produce this content with a small, but dedicated team. [3][4][10][17], In December 2020, Najafi was announced as the next vice-chairman of McLaren Racing, a Formula One constructor. The Najafi Companies is an entrepreneurially driven private investment firm founded by Jahm Najafi in 2002. Melaleuca sells its products through a multi-level marketing structure. This unrestricted gift will support the production and operating costs that Ballet Arizona incurs to produce its six mainstage performances over the . 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.. 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. Status. ), Both releases use identical wording in several instances and note the exact same findings. Pivotal Group's private equity arm focuses on middle-market companies and annual. continued economic prosperity and world leadership, said Mr. Najafi. In 1986, he received a master's degree in business economics from Harvard University. [9], He serves as partial owner and vice chairman of the Phoenix Suns professional basketball team[4][13] and a governor on the board of the National Basketball Association. Suite 295 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. freedom of speech, religion and economic opportunity. Francis Najafi. DPUS didnt limit its political giving to federal elections. F. Francis Najafi CEO Pivotal Group. Copyright 2009 Associated Press. "My wife and I think of education as part of your basic human rights. With these competitive advantages, we make swift decisions and close transactions with creative and mutually beneficial structures. Mr. Najafi completed his B.S. 0000003156 00000 n Hotel in Los Angeles, 650 California Street, a Class A commercial office 0000002534 00000 n He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. Tri-Point Column in Carter Lake, Iowa. Island Medal of Honor is sanctioned by the U.S. Congress and entered A truck leasing company in a small Iowa town is one of several companies linked to nondisclosed dark money contributions during the 2018 election cycle. All Rights Reserved. Their largest recipient is Rep. Steve King (R-Iowa) with $25,700 in contributions. F. Francis Najafi is Founder and Chief Executive Officer of Pivotal Group, a thirty-year-old investment firm with extensive experience in private equity investments, and all major real estate product types. Quan, 602-373-2400. in the midst of the heated Senate election between Democrat Kyrsten Sinema and Republican Martha McSally. Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. 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. diversity of the American people is what makes this nation great. Later he broadened Pivotal Groups mandate, successfully investing in private equity and growth venture opportunities. 0000182073 00000 n All rights reserved. Equal Housing Opportunity. [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. 0000061585 00000 n every race from so many walks of life, together, celebrating the magic Former recipients include business icons [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. A member of the franchise system of BHH Affiliates, LLC. In this case, the source of the money is Kovner, but it takes some digging to figure that out, and BK2s contributions arent always disclosed as such. 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. [7], Najafi founded Pivotal Group in 1982. A Credit Suisse spokesman didn't dispute the loss but wouldn't comment. Script error: No such module "Draft topics". [2] [3] Contents 1 Early life and education 2 Career 3 Philanthropy and recognition 4 Personal life Editors note:This story is featured in the2022 year in review. recipients who represent all sectors and cultures in our society.. Current. 8758 N Promontory Ranch Rd 6 0 obj <> endobj 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. Founded by F. Francis Najafi, Pivotal Group has invested in real estate assets and companies like Instastaff and Red Mountain Resort. Francis Najafi CEO c5753ccd5d71c0 9d6ee09b348272075e14599 17ce51b948cc 7cdd6cbe9cddd078a. In 1982, he founded Pivotal Group, a real estate opportunity fund. Crowell previously served as an advisor to CYR3CON. For more information, visit www.pivotalgroup.com. Suite 201, Sherman Oaks, CA 91403. 0000001016 00000 n Pivotal Group CEO and founder and developer of Promontory, F. Francis Najafi, found inspiration in the massive 7,200 acre landscape to create a timeless mountain club for all ages. Pivotal Group is part of the Venture Capital & Private Equity industry, and located in Virginia, United States. Your comment is 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. VanderSloot was national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. bG*aA wfmBB FP/v}. a symbol of freedom and tolerance around the world, said Senator John It shouldnt require pulling records from other states to reveal a possible connection to another company.. The developer is Valley resident F. Francis Najafi, founder and CEO of The Pivotal Group. 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. 0000003867 00000 n The fact that Najafi was able to buy his own project back so cheaply is a reflection of the turbulence in credit markets. Not all apparent shell companies are necessarily dark money. After Sinema won the primary, the super PAC transferred $100,000 to House Majority PAC, which would spend $494,438 to oppose Sinemas Republican opponent Vernon Parker. Some of these LLCs, such as DRT, LLC, are easier to track than others. Lee Iacocca, Rupert Murdoch and Barron Hilton. The list of its authors can be seen in its historicaland/or the page Edithistory:Francis Najafi. Founder and Chief Executive Officer The owner is Wayne Hoovestol, a midwest businessman who owns several farming and trucking-related businesses, including Hoovestol, Inc, many of which use the same Iowa address. commitment to serving his community, both locally and internationally., The cultural diversity of our great nation is essential for Americas Sign up for our newsletter, and we promise to send you only the good stuff.

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