Jahm Najafi

[2] He manages The Najafi Companies, a private equity firm, is vice chairman of the NBA's Phoenix Suns and McLaren Racing.

Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel and St. Regis in Los Angeles, the Ritz Carlton in Phoenix, Harbor Bay and 650 California Street in San Francisco, and Promontory in Park City.

The company makes investments across industries with significant holdings in consumer, media, sports, travel, ecommerce, retail and technology.

Opposing bids came from former Warner Music Group executive Edgar Bronfman Jr., Iowa-based company Meredith Corporation, and private equity firm Pamplona Capital Management.

[28][29] Najafi Cos. invested in 2018 in the brand studio, Beach House Group, the parent and operating company of several consumer brands with celebrity co-founders including Beis with Shay Mitchell in travel, Moon with Kendall Jenner in Oral Care and Pattern with Tracee Ellis Ross in haircare.

[32] On October 26, 2022, MSP Sports Capital (known in part for its investment in McLaren Formula One Racing Team) announced that it has acquired a majority interest from ESPN Productions for the X Games.