An In-Depth Look Into Solo Capital Markets and Founder, CEO Sanjay Shah
Solo Capital Markets is an international boutique financial services company that is headquartered in London, England, and regulated in the United Kingdom. Incorporated in September 2011, the firm is also referred to as Solo Capital Limited and Solo Capital UK. Their specialties include proprietary trading, consulting, and professional sports investments. As of the end of March 2015, Solo Capital Partners had a net worth of £15.45 million, assets amounting to £67.45 million and a cash flow of £30.26 million.
Solo Capital Partners is controlled by Solo Group Holdings, and Sanjay Shah is its founder and CEO as well as the owner of Aesa S.a.r.l., which controls Solo Group Holdings. Shah also owns more than three dozen other companies across London, The British Virgin Islands, Dubai, Luxembourg, Malta and The Cayman Islands. Prior to the incorporation of Solo Capital, Shah earned £19 million for the year ending March 31, 2011. In 2014, he took over Old Park Lane Capital, an institutional and invitation-only stockbroker that focuses on natural resources. As of January 2016, he has a net worth of US$280 million, has offices in London and Dubai and considers himself retired.
According to an interview with Global Citizen Magazine, Shah did not start out in the financial and investment industry. He studied medicine before deciding that being a doctor wasn’t what he wanted to do. Instead, he became an accountant and worked for a list of investment banks, including Merrill Lynch, Credit Suisse and Morgan Stanley. He was made redundant in 2009 during the financial crisis, and without many prospects for a new job, he decided to start his own brokerage company. This was the beginning of Solo Capital.
Shah also founded Autism Rocks, an organization with the goal of raising awareness about autism and raising money for research by throwing concerts. His son was diagnosed with the neurodevelopmental disorder in 2011 at the age of 4, and he had an epiphany while having a cup of tea with Snoop Dogg to raise money by staging gigs. The first Autism Rocks concert was held in 2014 with Prince, and only those who received invitations could attend. Since then, other concerts have featured Drake, Lenny Kravitz, Michael Bublè, Snoop Dogg and numerous well-known DJs.
While talking about Autism Rocks in the Global Citizen Magazine interview, Shah said that he has sponsored children in India for more than a decade but didn’t know what more he could do for charity beyond that. He became more focused on how and where to spend his charitable contributions when his son was diagnosed.
To spread even more awareness through Autism Rocks, Shah spent US$100,000 in June 2015 on the domain name “Autism.Rocks” to set up a website for the organization. He is also a trustee of Autism Research Trust, which provides donations to Cambridge University’s Autism Research Centre, and has held the position of trust director since January 2013. He and his wife have made their own donations to the trust as well.