Portfolio Companies

The case studies provided herein are a selection of investments that we believe illustrate our investment approach and philosophy, as well as the range of businesses in which Sands Capital typically invests. They were selected on an objective basis. The case studies are being provided for discussion purposes only and the information included should not be relied upon to make any investment decision.

The actual realizations on unrealized investments will depend on, among other factors, future operating results of the investments, the value of the underlying assets, and market conditions at the time of disposition, distribution, or initial public offering.