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Our Culture

What you believe and what you value as an organization matters. Discover the DNA of our firm.

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Our People

Get to know our teams and the stories of select staff members who share why they choose to work at Sands Capital.

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News & Events

Read about some of the latest events, partnerships, and business highlights from Sands Capital.

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Careers

At Sands Capital, we strive to hire exceptional talent who will live our values and support our efforts to deliver on our mission.
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Decoding Software's Future

The combination of software and the move to cloud computing remains one of the largest secular growth trends we see, which is driving increased demand for scalable, cloud-based solutions across every sector of the economy.

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Episode 10: Flutter

In this episode of What Matters Most, we delve deep into the world of online sports betting, focusing on the global leader, Flutter. Research Analyst Katherine Bates joins us to discuss Flutter’s journey, its innovative strategies, and how it’s transforming the gambling landscape.

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Instilling a Long-term Focus

At Sands Capital we encourage our investment team to think in decades not quarters. Director of Research Michael Raab, CFA discusses how culture can support the visionary research needed to find businesses creating the future.

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Nubank Transforming the Industry, One Market at a Time

Nu Holdings’ Nubank focuses on driving financial inclusion among underbanked populations who lack sufficient access to mainstream financial services and products, including access to common banking services, such as credit cards or loans.

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Philosophy & Approach

Our philosophy is rooted in the belief that, over time, stock prices will reflect the earnings power and growth of the underlying businesses.

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Stewardship

Our latest annual report offers a comprehensive view of how we add value through active stewardship.

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Public Equity

Our newest strategy takes an unconstrained approach to seeking the best growth businesses outside of the U.S.

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Venture & Growth Equity

Sands Capital invests in innovative businesses across all stages of the growth spectrum

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Michael F. Raab, CFA

Executive Managing Director
Director of Research
Portfolio Manager
Sr. Research Analyst

Joined Sands Capital

2007

Work Experience

Sands Capital (2024)
Arlington, VA | Director of Research, Portfolio Manager, Sr. Research Analyst

Sands Capital (2021 – 2023)
Arlington, VA | Portfolio Manager, Sr. Research Analyst

Sands Capital (2019 – 2021)
Arlington, VA | Portfolio Manager, Sr. Research Analyst, Associate Director of Research

Sands Capital (2017 - 2019)
Arlington, VA | Sr. Research Analyst, Associate Director of Research

Sands Capital (2015 - 2016)
Arlington, VA | Research Analyst, Associate Director of Research

Sands Capital (2010 – 2015)
Arlington, VA | Research Analyst

Sands Capital (2009)
Arlington, VA | Sr. Research Associate

Sands Capital (2007 – 2008)
Arlington, VA | Research Associate

SNL Financial (2006 - 2007)
Charlottesville, VA | Analyst

Education

University of Maryland (2011)
MBA | Robert H. Smith School of Business

University of Virginia (2006)
BA | Economics

Mike is the director of research, a co-portfolio manager of the Global Leaders strategy, a senior research analyst, and an executive managing director of Sands Capital.

Mike joined the firm as a research associate in 2007 and was promoted to research analyst in 2009. He held the position of associate director of research from 2015 to 2021. In 2016, Mike was promoted to senior research analyst. In 2019, he was named a co-portfolio manager of the Global Leaders strategy, after serving as a portfolio manager associate since the strategy’s inception. In 2024, Mike was appointed to Sands Capital’s executive management team, which provides strategic leadership across the firm. Before joining Sands Capital, Mike was an analyst at SNL Financial (now New Mountain Capital).

Mike earned a BA from the University of Virginia and an MBA from the Robert H. Smith School of Business at the University of Maryland. He is a CFA®charterholder.

Events
Sands Capital Director of Research Michael Raab Talks Teams and Culture at SAI Roundtable
Managing a team of analysts is no easy task, explains Michael Raab. It’s a diverse opinionated group charged with creating the investment ideas that can add value for clients. Cultivating a culture that supports this creativity is an ongoing endeavor.
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Watch the video
Listen here
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Investment Culture
Instilling a Long-term Focus
At Sands Capital we encourage our investment team to think in decades not quarters. Tune in as Director of Research Michael Raab, CFA discusses how culture can support the visionary research needed to find businesses creating the future.
Learn more
Watch the video
Listen here
Learn more
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Our latest thinking on innovation investing, long-term capital, and culture.

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Sands Capital
1000 Wilson Blvd, Suite 3000
Arlington, VA 22209, USA
1.703.562.4000
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Disclosures and Definitions

Notice for non-US Investors

Sands Capital is an active, long-term investor in leading innovative growth businesses, globally. Our approach combines analytical rigor and creative thinking to identify high-quality growth businesses that are creating the future. Through an integrated investment platform spanning venture capital, growth equity and public equity, we provide growth capital solutions to institutions and fund sponsors in more than 40 countries.

An independent, staff-owned firm founded in 1992 and headquartered in the Washington, D.C. area with offices in London and Singapore, Sands Capital managed more than $53.9B in client assets as of September 30, 2024.

For institutional and professional investors only. Investment advisory fees are described in Part II of the adviser’s Form ADV.
© 2024 Sands Capital. All Rights Reserved.

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