Our Culture

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

Our People

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

News & Events

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

Careers

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

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

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. 

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.

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

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.

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

Public Equity

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

Venture and Growth Equity

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

Kelly L. Rogal, CFA

Sr. Research Analyst

Joined Sands Capital

2024

Work Experience

Wafra (2022 - 2024)
New York, NY | Director

Franklin Templeton (2017 - 2022)
San Francisco, CA | Analyst/Portfolio Manager

BNP Paribas Corporate & Investment Bank (2016 - 2017)
New York, NY | Analyst

Oak Hill Advisors (2014 - 2016)
New York, NY | Associate

Falcon Point Capital (2009 - 2013)
San Francisco, CA | Associate

Education

University of California, Berkeley (2008)
BA | Slavic Languages and Area Studies

Kelly is a senior research analyst covering life sciences. She joined Sands Capital in 2024, bringing significant experience investing in therapeutics, in tools and devices, and in ex-U.S. opportunities.

Before joining the firm, Kelly was a director and the global healthcare sector head for Wafra, an alternative asset management firm owned by the Public Institution for Social Security of Kuwait. She also worked as a research analyst on innovative technology businesses at Franklin Templeton, where she was a co-portfolio manager on strategies focused on genomics and medical devices. In addition, she was a commodity trading analyst at BNP Paribas, a fixed income analyst at Oak Hill Advisors, and a long/short research associate at Falcon Point Capital.

Kelly received a BA from the University of California, Berkeley. She is a CFA® charterholder.

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