A16z Perennial Management, L.P.

Registered investment adviser · Menlo Park, CA · CRD #324429

Form ADV data as of 2026-09-01

Regulatory assets

$2.75 billion

Total accounts

147

Employees

Disclosure events

Firm details

Website: https://www.a16z.com/perennial
Telephone: (650) 798-5800
SEC file number: 801-127229
Most recent Form ADV filing: 2026-05-26
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$2.75 billion
Non-discretionary regulatory assets under management	$0
Total regulatory assets under management	$2.75 billion
Discretionary accounts	147
Non-discretionary accounts	0
Total accounts	147
Regulatory assets under management attributable to non-U.S. persons	$586.0 million

People

Total employees (excluding clerical)	26
Employees performing investment advisory functions (including research)	10
Employees who are registered representatives of a broker-dealer	0
Employees registered as investment adviser representatives with a state	0
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	0
Firms or persons who solicit advisory clients on the firm's behalf	0

Custody

Has custody of client cash or bank accounts	Yes
Has custody of client securities	Yes
Client funds and securities held in the firm's custody	$2.23 billion
Clients for whom the firm has custody	66
A related person has custody of client cash or bank accounts	Yes
A related person has custody of client securities	Yes
Client funds and securities held in a related person's custody	$509.9 million
Clients for whom a related person has custody	7
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No
Number of persons acting as qualified custodians for the firm's clients	5

How the firm is compensated

A percentage of assets under managementPerformance-based feesOther

Advisory services offered

Financial planning servicesPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesSelection of other advisers (including private fund managers)

Other business activities

Commodity pool operator or commodity trading advisor

Affiliated related persons

Other investment adviser (including financial planners)Sponsor, general partner, or managing member of pooled investment vehicles

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Recommends securities in which it has another proprietary interest
Recommends securities for which it serves as underwriter or general partner
Recommends brokers or dealers to clients
Receives soft dollar benefits

Client types

Type of client	Clients	Assets
High net worth individuals	56	$2.08 billion
Pooled investment vehicles (other than investment companies and BDCs)	7	$521.5 million
Charitable organizations	10	$153.6 million