About
Sands Capital is an independent, staff-owned investment firm founded in 1992 and headquartered in Arlington, Virginia, with additional offices in London and Singapore. The firm manages $56 billion in client assets as of December 31, 2025, positioning itself as an active, long-term investor in innovative growth businesses across public and private markets. Sands Capital operates through two primary divisions: Sands Capital Management, which focuses on public equity strategies, and Sands Capital Ventures, which invests in private companies from Series A through public listing. The firm's investment thesis centers on identifying businesses with leadership positions in large addressable markets capable of sustaining above-average earnings growth. Sands Capital Ventures invests across technology, life sciences, financial services, and consumer sectors, with documented Series A investments averaging $13.6 million, Series B averaging $37.9 million, and Series C averaging $98.5 million. The public equity strategy has disclosed holdings in 192 stocks with a portfolio value of approximately $34.1 billion. The firm manages assets for institutional investors including pension plans, Taft-Hartley plans, endowments, and both tax-exempt and taxable clients, offering customized strategies rather than standardized fund vehicles. As of recent SEC filings, Sands Capital Management disclosed 66 total holdings. The firm is led by CEO and Chief Investment Officer Frank M. Sands, Jr., and maintains a governance structure emphasizing long-term value creation and prudent capital deployment. Sands Capital's dual approach—combining public market expertise with venture capital and private equity capabilities—enables it to support portfolio companies across their entire growth trajectory while maintaining relationships with sophisticated institutional allocators seeking exposure to high-quality growth businesses.