Investment Research Internship - Summer 2024
About Sands Capital:
We are a long-term concentrated growth investment manager based in Arlington, Virginia (or greater Washington, D.C. area). We invest globally across the life cycle of high-quality innovative businesses, ranging from early-stage private to leading public companies. Our investment philosophy centers around our six criteria based on our founding principles (detailed on our website www.sandscapital.com).
Identified below are Core Values the firm holds in high regard and believes are critical for high-performing teams at Sands Capital:
- Integrity & Trust: Do what is right, not what is popular. Deliver on commitments.
- Client-Centered: Always act in the best interest of our clients.
- Commitment to Excellence: Strive to learn and improve. Implement best practices.
About the Research Intern Role:
Sands Capital is seeking motivated Research Interns to support our Investment Team, working across our sector teams (Consumer, Financials, Industrials, Life Sciences, and Technology). As a Research Intern, you will help conduct investment research on new and existing investment opportunities across a global landscape. The internship will be a rotational program, providing exposure to various sectors and geographies.
This role is expected to work from our Arlington, VA office on a hybrid schedule at a minimum of two days per week in office or as directed, depending on team needs. Please know that the hybrid schedule is subject to change, as directed by our Executive Management Team, at any time.
Position Responsibilities:
Coordinate research activities with your managing analyst, including but not limited to:
- Building company-focused financial models and projections;
- Conducting discrete research projects to analyze company or market fundamentals (i.e., business models, growth drivers, market size, competitive advantage, industry trends, key competitors/risks, financial strength, and fit with Sands Capital’s six investment criteria);
- Completing research on current holdings (i.e., earnings notes, model updates, expert calls, company meetings, Analyst meetings, news updates, etc.);
- Participating in weekly Investment and Sector Team meetings;
- Performing other administrative or professional responsibilities, as needed; and
- Exhibiting behaviors consistent with Sands Capital’s Mission, Values, and culture.
Skills and Qualifications:
- 2nd or 3rd year undergraduate students interested in exploring a career in investment management;
- A genuine and demonstrable interest in business analysis and investment research;
- Strong familiarity with basic and intermediate accounting, as well as financial modeling;
- Superior verbal and written communication skills; and
- Exceptional work ethic and ability to complete assignments on time with limited supervision.
Values for Success at Sands Capital:
- Focus: Identify and concentrate on “what matters”
- Long-Term Perspective: Appreciate that time allows sound decisions to demonstrate their worth. Avoid short-term thinking
- Independent Thinking: Have the courage to develop and articulate your own convictions. Debate others openly and honestly
- Teamwork: Collaborate to gather facts, develop perspective, build conviction, and support timely decision-making
- Positive “Can-Do” Attitude: Demonstrate a willingness to tackle any task
- Graciousness: Reflect kindness and courtesy at all times
- Balance: Enjoy your work while balancing professional activities with interests beyond the firm
- Meritocracy: Know that talent and achievement will drive your success at Sands Capital