Shah joins The Prescott Group to expand IR management team

Dallas-based The Prescott Group, a real estate private equity firm, has hired Anar Shah to expand the firm’s investor relations management team. Previously, she worked as a managing director at Citigroup in New York.


DALLAS–(BUSINESS WIRE)–The Prescott Group, a 21-year-old real estate, private equity firm, is expanding its investor relations management team to accelerate the company’s reach into a broader base of capital.

Anar Shah has joined the Dallas-based firm as managing director from Citigroup in New York to build out the firm’s investor relations, sales and marketing team. Shah, previously a senior vice president with the Alternative Investments Sales team at Citi, will work alongside Jud Pankey, CEO of Prescott; Vance Detwiler, the firm’s president; and Richie Butler, the firm’s senior managing director on the investment relations team.

“Anar’s experience in raising institutional capital and her knowledge and expertise in real estate investments, coupled with her leadership in sales and marketing, are extremely important to our firm’s growth,” said Mr. Pankey.

Prescott Group, founded in Dallas in 1996, is a full-service real estate investment and direct operating company with a vertically-integrated asset management, debt acquisition and servicing platform. Prescott is focused on smaller, niche real estate opportunities in developing and growth markets throughout the United States.

“Our ability to understand the inflections in the real estate market and the complexity and opportunities of both equity and debt investments, allow us to attract like-minded capital through our network and relationships,” Pankey said.
“We started out by building and managing commercial office real estate and apartment projects, and in 21 years we’ve created a diversified strategy that combines redevelopment, financial and loan acquisitions,” he added.

Anar Shah collectively raised over $2.1bn in capital for third party, private equity, real estate, and hedge funds through institutions, family offices, and high net worth clients while at Citi. She brings over 18 years of institutional business development experience to Prescott, having held previous investment positions with Waterstreet Investment Consultants, Morgan Stanley and AIM Management Group.

“The Prescott investment team has a proven track record in investing on both the equity and debt side, and are able to leverage their expertise in different market cycles,” according to Shah.

“We’re not targeting coastal ‘gateway’ efficiently-priced markets favored by most larger private equity funds. Rather, we identify market inefficiencies and create an attractive risk reward profile that clients are looking for today. Because Prescott is a full service operating partner with acquisition, management, leasing and loan servicing capabilities, we have an advantage over traditional, real estate ‘capital allocator’ firms,” Shah added.

Prescott Group is comprised of Prescott Advisors, a registered investment advisor, Dyck O’Neal Inc., a nationwide purchaser and manager of real estate loans, and Prescott Realty Group, a full service real estate operating company, specializing in office, mixed-use, transit-oriented developments and residential projects.

The company website can be found at