Solo Capital, an international boutique financial services company has performed a rescue merger as speculated the company, lead by Sanjay Shah, will either take-over or merge with the natural resources stock brokerage firm, Old Park Lane Capital. Old Park Lane was set up in 2007 by its present CEO, Michael Parnes and deals mostly in international dual listings, CFDs and equities trading. Solo Capital has already established a presence within the firm with an appointment of it’s chief executive, Anne Stratford-Martin to Park Lane’s board of directors with hopes to bolster the profitability of the slumping company.
Solo Capital was incorporated in September 2011, specializing in professional sports investments, proprietary trading and consulting. Within four years the company has pared well with a cash flow of £30.26 million and assets of £67.45 million. As reported in The Sunday Times, Mr. Shah himself has also had a bumper year and was able to pay himself £19 million at the end of fiscal year 2013. Solo Capital’s divers group of professionals are leaders in the niche market of professional sports investments including talent acquisition as well as acting as commercial advisors and representatives.
Sanjay Shah started his education studying medicine yet decided to take another route into the world of financial business. Working as an accountant he amassed an impressive resume employed by top financial institutions such as Morgan Stanley and Merrill Lynch until the 2007-2008 economic disaster made his job redundant. Instead of settling for have been a modest position with another firm, Mr. Shah started his own brokerage company, aptly named Solo Capital.
These days Sanjay Shah spends much of his time working on behalf of the charity he founded when he and his wife discovered their youngest son was autistic. His foundation, Autism Rocks, is committed to raising awareness and advancing research to cure autism. The idea was born while he entertained rapper Snoop Dogg at his home in Dubai. The first invitation only Autism Rocks concert was held in 2014 and featured super entertainer Prince. The success of the initial has led to others featuring such well known musicians as Micheal Buble, Drake, Lenny Kravitz as well as many well known DJs.
You can follow them on LinkedIn.