Solo capital is a very popular global boutique financial services institution that has its headquarters in London. The company is regulated by the United Kingdom. Solo Capital was incorporated early September 2011, and since then, it has been given two names: Solo Capital Limited or Solo Capital UK. The company specializes mostly proprietary trading, professional sports investment and consulting. The net worth of the company by March 2015 was approximately $15.4 million.
The company is managed by Solo Group Holdings. It is also controlled by Sanjay Shah, the founder and also the CEO. Shah is believed to own over 3 dozen companies all over London, Dubai, British Virgin Islands, and the Cayman Islands among other places.
Before the incorporation of the company, its CEO, Mr. Shah had earned $19 million in the year that ended on March 2011. Later in 2014, he decided to take over Old Park Lane Capital. The company was institutional, and only invitation brokers that mainly focuses on the natural resources. By the start of this year, Shah had a net worth of US$280 million. His offices are in London, and he has chosen to retire.
In an interview conducted by the Global Citizen Magazine, Shah said that he did not begin his career in the financial and investment sector. He had studied medicine before, but he felt that becoming a medical doctor was not his calling. He then chose to become an accountant and got positions in several investment banks. Some of these include Credit Suisse, Mortgage Stanley and Merrill.
In 2009, Shah was made redundant due to the financial crisis. He, however, didn’t want another job, in a new company, and he chose to start his company. This is how Solo Capital was started. After this, he started Autism Rocks, a company that was aimed at creating awareness concerning autism as well as raise funds for doing research by doing concerts. He has a son who has the condition, and this has made him create the awareness.
In an interview with the Global Citizen Magazine about autism, Shah said he has decided to sponsor children from India, who were suffering from the condition. According to him, this was the only way he could help them. He has done this for over 10 years, and he plans to do this for more years. Since his son was diagnosed with autism, Shah decides to focus his charity only on such cases to help other parents.
To ensure that the awareness concerning autism through his organization, Shah decided to spend $100000 in 2015 in order to create a website for the foundation. He is a trustee of Autism research trust, an organization that gives donations to universities that do autism research.