# Joe Andrasko

> Joe Andrasko is the CEO and CIO of Sands Capital Horizons and a professor of practice at UVA Darden. His career includes founding Fry’s Path Capital, investing for Murray Enterprises, and cofounding ventures in education and private investment. His teaching focuses on decision analysis, security analysis and the practice of investment judgment.

- **Role:** Chief Executive Officer and Chief Investment Officer at Sands Capital Horizons
- **Organizations:** Sands Capital Horizons, UVA Darden School of Business, Fry’s Path Capital, Murray Enterprises, Deloitte Consulting, Sustainable Development Capital, Greenmont Timber Partners, Nantucket Learning Group
- **Education:** AB, Economics and Spanish, Bowdoin College, MBA, University of Virginia Darden School of Business
- **Known for:** Founded Fry’s Path Capital to support multigenerational families and related foundations., Cofounded Nantucket Learning Group, which had fifteen teachers by 2013., Cofounded Greenmont Timber Partners after developing an internal timberland investment function.

## Career timeline

- **2004** — Graduated from Bowdoin; started the Nantucket Learning Group after tutoring a fishing-charter client’s son.
- **2006–2008** — Analyst in Deloitte Consulting’s strategy and operations practice in Boston.
- **2008** — Moved to Swaziland, now Eswatini, as a founding partner of Sustainable Development Capital.
- **2011** — Earned Darden MBA.
- **2011–2019** — Director of investments at Murray Enterprises.
- **2015** — Began Darden teaching work, according to Sands Capital’s biography.
- **2019–2025** — Founder and managing partner of Fry’s Path Capital.
- **2020** — Darden announced his appointment as professor of practice in Quantitative Analysis.
- **2025** — Joined Sands Capital as CEO and CIO of Sands Capital Horizons.

## Achievements

- Founded Fry’s Path Capital to support multigenerational families and related foundations.
- Cofounded Nantucket Learning Group, which had fifteen teachers by 2013.
- Cofounded Greenmont Timber Partners after developing an internal timberland investment function.
- Recipient of Darden’s Frank E. Genovese Fellowship, William Michael Shermet Award and Faculty Award for Academic Excellence.
- Coauthored Darden cases and technical notes on investment decisions and analytics.

## Latest updates

- **2026-09** — Darden published graduate Carlos Pardal’s account of Applied Security Analysis with Andrasko and Will Snellings, including its emphasis on deliberate practice.
- **2026-07** — Darden Business Publishing listed Toy Plaza, coauthored with Saša Zorc, Alvint Sheth and Davide Tomio, published July 20.
- **2025-01** — Twitter, Inc.: Deal on Hold, coauthored with Chas Cocke and Stephen E. Maiden, was published January 3.

## Links

- Website: https://www.sandscapital.com/people/joseph-r-andrasko/
- LinkedIn: https://www.linkedin.com/in/joe-andrasko-a622806

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Profile page: https://yespress.io/joe-andrasko
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Last updated: 2026-10-10