A popular organization, Old Park Lane Capital, has been making losses of late, and due to this, it has decided to merge or sell its shares to other investors to save itself from collapsing. Reports say that Solo Capital Partners will be buying the institution. Solo Capital is a privately owned company, and it is based in London and Dubai. Solo capital is a re-owned company, and it is currently regulated by the United Kingdom rules.
The chief executive for solo capital, Anne Martin is also the former chief operating officer for Cantor Index, and she joined Old Park Lane to work as the director not long ago. The management of Old Lane Capital hopes that the acquisition by Solo Capital will make it secure especially in its finances. The deal was announced just recently, and from the look of it, things are already moving positively. From 2013, the institution had been making serious losses, and experts had said that a merger would be the only solution to the problem.
Solo capital is a very popular institution in the world. The company was incorporated in late 2011, and it is managed under the UK regulations. The company has only been operating for a short time, but it has managed to make a lot of revenue, surprising investors in the competitive market.
The solo Capital was founded by Sanjay Shah, a wealthy individual who is currently based in London and Dubai too. He was born in Kenya of very wealthy parents. When he was a few years old, his parents relocated and came into the United Kingdom where he went to school. At first, he studied medicine at the University. Later on, he felt that he was not good enough. He abandoned the medical profession, choosing to the finance industry.
In the finance industry, Shah becomes quite successful, and that’s how he has managed to create his enormous wealth. He has several companies located in different parts of the world. His companies are all over the world, and he has decided to retire early to take care of Autism Rocks, a foundation he started recently.
In 2011, the life of Sanjay Shah changed completely changed when his youngest son got ill. His child would vomit after taking any food, and this left him worried most of the time. One day, he accompanied his wife to the hospital to understand what was really happening to the child. After many tests, the son was diagnosed with the serious condition known as autism. The journey was tough trying to cure the condition, and this motivated him to start the charitable foundation, Autism rocks. Apart from supporting autism rocks, Shah supports children in India who are suffering from autism.
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