Craft in the City

Who Is Behind Solo Capital?

Sanjay Shah is the man who founded Solo Capital in September of 2011. Mr. Shah is a banker who has worked with notable financial companies in the past. His previous employers include mega financial firms such as Credit Suisse, Morgan Stanley and Merril Lynch. He worked as an accountant at these large financial banks and companies.

Mr. Shah’s beginnings were far removed from finances however. He began studying medicine after completing school, with his family hoping that he would become a doctor. Sanjay did not find the idea of being a doctor very interesting or appealing to him. So he instead decided to switch majors in college and began studying accounting and finances. The move it turned out was the right one. Shah found employment at major financial institutions and he quickly moved up through the ranks.

The recession hit the banking and financial industry especially hard. Shah was fired from his job in 2008. Not wanting to experience the same lack of job security, Shah decided to start his hedge fund firm which he named Solo Capital. It was a fitting name, since it started out as essentially a one man job. Shah quickly turned Solo Capital into a leading boutique hedge fund firm.

Solo Capital now has over 67 million British pounds of assets under its helm. This is equivalent to about $100 million US dollars. Sanjay Shah, has now hired several people to look after Solo Capital and he admits that the firm now operates almost independently without his intervention. He does remain the CEO of Solo Capital and is responsible for making corporate decisions for the firm.

With a large amount of money under his belt and not having to worry about earning a living for himself as he did before, Sanjay Shah has shifted his gear to philanthropy instead. His charity Autism Rocks, is focused on helping autistic children. The charity attracts superstars from the music world to perform at concerts where the proceeds will go to Autism Rocks. The charity takes all the money it raises and endows it to a research unit of Cambridge University in London that studies autism and how it can be managed more effectively.

 

Find out more about Solo Capital:

https://twitter.com/solocapital_uk

http://www.prnewswire.co.uk/news-releases/philanthropist-sanjay-shah-featured-on-epns-enterprise-radio-574570611.html

 

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