Sanjay Shah has had a successful career in the financial industry and he is taking his success to new industries now.
Shah was born to Kenyan emigrant parents in London. He went on to study at King’s College, graduated and started a career in finance at KPMG. After KPMG, Shah worked for a variety of investment banks, including ING, Rabobank, Credit Suisse, Merrill Lynch and Morgan Stanley. When the recession hit, Rabobank had to let Shah go due to redundancy. But Shah was not interested in looking for another job. He did not enjoy the commute from his home to the office every day and he did not enjoy sitting in the office the entire day when he knew he could get his work done in half the time. So instead, Shah founded his own company, Solo Capital.
After gaining significant success with Solo Capital, including a pay check of 19 million pounds in 2011, Shah decided it was time for him to take a step back and pursue a few of his passions. Since Shah’s days at King’s College, he had loved music so he decided to make his way into the music industry by partnering with Done Events, a Dubai based promotional firm. Together, they created Blended, a jazz music festival. This is now an annual event with several thousand people in attendance.
Shah also decided to start a charity because his son was diagnosed with autism. The charity is called Autism Rocks and has already raised hundreds of thousands of dollars for autism research.
Solo Capital is still moving forward and growing even as Shah has stepped back. The firm is also sometimes referred to as Solo Capital Markets, Solo Capital UK or Solo Capital Limited. It is controlled by Solo Group Holdings, which is controlled by Aesa S.a.r.l. Sanjay Shah owns both of those companies.
As of 2015, the firm had a cash flow of 30 million pounds, assets worth 67 million pounds and a net worth of 15 million pounds. While the company started out small, with only a few employees, it has now grown to more than 100 individuals, including 35 designated traders.
The firm provides a variety of services and products to their investors. They specialize in 3 main areas, which are professional sports investment, consulting and proprietary trading. Within each of these areas there are more specialties. In the proprietary trading division, the team works on FX, commodities and derivatives. In the consulting division, the team works on investment, performance and human capital. And in the investments divisions, the team provides talent acquisition, commercial advisory and representation and asset management.