Solo Capital also referred to as Solo Capital Limited or Solo Capital UK is a global financial services company with its headquarter in London, United Kingdom. The company is regulated in the United Kingdom and was regulated in 2011. The company’s operations encompasses consulting, proprietary trading and professional sports investments. The company had a net worth of £15.45 million, its assets amounted to £67.45 million and experienced a cash flow of £30.26 million as at March last year.
Solo Capital is a subsidiary of, a larger conglomerate founded by Sanjay Shah who is also the chairman and CEO of Aesa S.a.r.l., which controls Solo Group Holdings. Sanjay Shah is a billionaire businessman owing more than 7 other companies across major cities in the world including London, Luxembourg, British Virgin Island, and The Cayman Island, New York among others. Before Solo Capital was incorporated 8 years ago, Shah earned a total of £19 million in a year. After acquiring Old Park lane capital, an aviation and institutional stockbroker focusing on natural resources, his net worth has increased to US$280 million as at the beginning of this year. Shah has offices in Dubai and London and considers himself as having retired from the financial world.
History of Solo Capital
According to a recent article in PR NewswireShah, the founder of Solo Capital, did not study finance or investment. He studied medicine but realized later that that was not what he wanted. He therefore became an accountant, working for a number of investment banks including Morgan Stanley, Merrill Lynch and Credit Suisse. He was laid down during the financial crisis and without any hope for a potential job, Shah decided to establish a brokerage company. This is how Solo Capital mystery began to unfold.
Shah also created Autism Rocks, a company that aimed to raise awareness about autism as well as raise funds for research by throwing concerts. Shah dis this because his son had experienced the same problem after having been diagnosed with the neurodevelopmental disorder at the age of 4 years. Autism Rocks granted charities sponsoring children in India for more than 10 years.
Solo capital had employed more than 49 people as at the beginning of this year. The company has explored tough market conditions, expanding steadily to gain a strong foothold in the financial sector. Solo Capital has several major divisions of the financial services arena including safeguarding and administration of assets, principal trading, investment management, securities lending, agency brokerage, and safeguarding of client money. The company has an experienced team of workers working in a professional and collegiate environment to offer top class financial services facilities and advice to its clients and investors.
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