The A16Z PERENNIAL MANAGEMENT is a privately held investment adviser that advises $109.48Bn in regulatory assets under management held in 4 SEC fund types across 5 investment strategies. A16Z PERENNIAL MANAGEMENT is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets increased by 205.39% over the last 5-years.
The Group has been registered with the SEC for 14.35 years and is comprised of 2 filing and 0 relying advisers. They operate out of 5 office locations with their Headquarters at 2865 SAND HILL ROAD, MENLO PARK, CALIFORNIA. The Group has not been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 764 employees comprised of 98 investment and 666 non-investment staff. The total number of Employees increased by 287.82% over the last 5-years.
Their $109.48Bn in assets advised are owned by 129 private funds, 0 public funds and BDCs and 10 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $107.25Bn or 97.96% of Total Assets and High Net Worth Individuals own $2.08Bn or 1.9% of Total Assets.
The Group's top investment strategies include Early Stage, Infrastructure and Multi Strat, representing 96.61%, 3.23% and 0.08% of total assets, respectively.
They advise 3 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and High Net Worth Individuals.
The Group uses 2 Fund Administrators, 3 Fund Auditors, 0 Prime Brokers, 10 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 119 private funds with $106.49Bn in assets.
The Group discloses management fees and performance-based fees.
A16Z PERENNIAL MANAGEMENT names 2 sub-advisers RECKONER CAPITAL MANAGEMENT LLC, VAN ECK ASSOCIATES CORP. to 1 different fund advised by the group. The Group has been named as the sub-adviser to 0 funds.