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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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Uncovering Europe’s Next Generation of Global Leaders

From aquaculture to semiconductors, European firms are quietly becoming global leaders in innovation, sustainability, and value creation.

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Revolutionizing Public Safety: The Axon Ecosystem

In this episode of What Matters Most, ⁠Sands Capital Portfolio Manager and Sr. Research Analyst Danielle Menichella discusses the business’ journey from Taser maker to artificial intelligence-powered software developer. 

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Fostering Long-Term Thinking

Executive Managing Director and Senior Portfolio Manager Brian Christiansen discusses the importance of candor, collaboration, and entrepreneurialism in creating a culture that promotes long-term thinking.

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FPT Harnesses Education to Transform Talent Landscape

FPT has harnessed education to drive Vietnam’s digital transformation and human-capital development.

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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 and Growth Equity

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

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a man with blond hair wearing a black jacket and light pink shirt smiles at the camera

Eric C. Black

Sr. Research Analyst

 

Joined Sands Capital

2013

Work Experience

Sands Capital (2019 - 2023)
Arlington, VA | Research Analyst

Sands Capital (2014 - 2018)
Arlington, VA | Sr. Research Associate

Sands Capital (2013 - 2014)
Arlington, VA | Research Associate

World Justice Project (2012)
Washington, D.C. | Research Assistant

Wikistrat (2012)
Washington, D.C. | Research Assistant

Education

University of Virginia  (2020)
MBA | Darden School of Business

Georgetown University (2011)
BA | Political Economy and Russian

Eric is a senior research analyst primarily covering businesses across global emerging and frontier markets. He also co-leads the firm’s macroeconomic research efforts.

Eric joined Sands Capital in 2013 as a research associate supporting the portfolio managers of the Global Growth and Emerging Markets Growth strategies. He was promoted to senior research associate in 2014, research analyst in 2019, and senior research analyst in 2023. In 2024, he was appointed as a portfolio manager associate on the Emerging Markets Growth strategy. Prior to joining the firm, Eric was a research assistant at Wikistrat and at the World Justice Project.

Eric received a BA in political economy and Russian from Georgetown University and an MBA from the UVA Darden School of Business.

Business Perspectives
Globant Takes a Design-First Approach to Pure-Play Digital Services
Pure-play businesses have become a staple investment for Sands Capital. Discover the story behind Globant, a growing leader in IT Services, whose more than 1,500 Fortune 500 and Fortune 2000 clients rely on it to deliver cutting edge technologies and customized solutions for even their loftiest technology goals.
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Investment Strategy
Finding Common Ground—and Uncommon Returns in EM
Some of the best-performing emerging markets businesses are often led by founders and families. We believe their passion and grit lead them to launch the innovative businesses that often challenge the status quo, create new opportunities, and establish enduring legacies.
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Investment Strategy
Riding India’s Digital Wave
Indian businesses that are able to seize the country’s increased digital and physical connectivity to find innovative and cost-effective ways to fill the unmet or evolving demands could find long runways for growth.
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More News & Events
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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 alternatives, 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 $58B in client assets as of June 30, 2025.

For institutional and professional investors only. Investment advisory fees are described in Part II of the adviser’s Form ADV.
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