Firm Trust Report
A16Z PERENNIAL MANAGEMENT, L.P.
The firm's Form ADV/IARD record in the cited SEC dataset reports it as a registered investment adviser as of the source date shown. That is not SEC approval, certification, endorsement, or a finding that the firm is safe or trustworthy.
- CRD
- 324429
- SEC file number
- 801-127229
- Principal office
- 2875 SAND HILL RDMENLO PARK, CA, 94025
- Current as of
- August 3, 2026
- Retrieved
- August 18, 2026
- Source effective date
- August 3, 2026
SEC/IARD source release: August 3, 2026 · InvestorTrustHub retrieved: August 18, 2026
Official identifiers
Identifiers come from the cited SEC/IARD firm roster. InvestorTrustHub does not invent missing numbers.
CRD
324429
SEC number
801-127229
Regulatory status
ReportedReported as registered
The firm's Form ADV/IARD record in the cited SEC dataset reports it as a registered investment adviser as of the source date shown. That is not SEC approval, certification, endorsement, or a finding that the firm is safe or trustworthy.
A source reports this value. We have not independently confirmed it beyond the cited record.
Source
ReportedU.S. Securities and Exchange Commission / IARD Form ADV dataset.
Registered Investment Advisers (IARD firm roster)
A source reports this value. We have not independently confirmed it beyond the cited record.
Firm / ADV facts
Legal structure
Limited Partnership
Website as reported
https://www.a16z.com/perennial
Regulatory assets under management
$2.8 billion
Exact source amount: $2,753,465,119.00
Regulatory assets under management is a Form ADV regulatory measure and should not be interpreted as investment performance, firm quality, popularity, or an endorsement.
Regulatory disclosures
Firm reported No for Item 11 in this filing.
This is the Form ADV Item 11 checkbox as filed. It is not a disciplinary-event list and not a finding of a clean record.
Clients, compensation, and custody
Figures below are adviser-reported Form ADV items. They are not performance, popularity, or quality scores.
Reported scale
ReportedEmployees as reported: 26
Advisory personnel as reported: 10
Clients as reported: 0
As of May 26, 2026
A source reports this value. We have not independently confirmed it beyond the cited record.
Reported compensation methods
Reported- Other
- Percentage of assets under management
- Performance-based fees
Compensation methods are the boxes the adviser checked on Form ADV. This is not a “fee-only” determination.
A source reports this value. We have not independently confirmed it beyond the cited record.
Reported custody
ReportedClient cash: Yes as reported
Client securities: Yes as reported
Related-person cash: Yes as reported
Related-person securities: Yes as reported
Custody is reported as filed. It is not a risk score or a quality finding.
A source reports this value. We have not independently confirmed it beyond the cited record.
Other business activities (Item 6)
Reported- Commodity pool operator / commodity trading advisor
A source reports this value. We have not independently confirmed it beyond the cited record.
Reported related financial businesses
Reported- Other
- Other investment adviser
Reported affiliations are types of related financial businesses as filed. They are not a conflict finding.
A source reports this value. We have not independently confirmed it beyond the cited record.
Current reported relationships
Names appear only as reported on this firm’s Form ADV. They are not standalone public profiles. Name-only or otherwise unconfirmed rows remain internal and are not shown.
Ownership and control
Schedule A is direct ownership. Schedule B is indirect ownership. An executive/control relationship is not the same as ownership.
Reported direct owner
DEL BUONO, MICHEL, ATTILA
Individual as reported · Title/status as reported: CHIEF INVESTMENT OFFICER
Reported in Form ADV dated May 26, 2026 · Registered investment adviser filing
Reported direct owner
WALKER, ROBERT, SCOTT THOMAS
Individual as reported · Title/status as reported: CHIEF COMPLIANCE OFFICER
Reported in Form ADV dated May 26, 2026 · Registered investment adviser filing
Reported indirect owner
ANDREESSEN, MARC, LOWELL
Individual as reported · Ownership range: 25% but less than 50% · Title/status as reported: MEMBER
Reported in Form ADV dated May 26, 2026 · Registered investment adviser filing
Reported indirect owner
HOROWITZ, BENJAMIN, ABRAHAM
Individual as reported · Ownership range: 25% but less than 50% · Title/status as reported: MEMBER
Reported in Form ADV dated May 26, 2026 · Registered investment adviser filing
Reported executive/control relationship
ANDREESSEN, MARC, LOWELL
Individual as reported · Title/status as reported: MEMBER
Reported in Form ADV dated May 26, 2026 · Registered investment adviser filing
Reported executive/control relationship
DEL BUONO, MICHEL, ATTILA
Individual as reported · Title/status as reported: CHIEF INVESTMENT OFFICER
Reported in Form ADV dated May 26, 2026 · Registered investment adviser filing
Reported executive/control relationship
HOROWITZ, BENJAMIN, ABRAHAM
Individual as reported · Title/status as reported: MEMBER
Reported in Form ADV dated May 26, 2026 · Registered investment adviser filing
Reported executive/control relationship
WALKER, ROBERT, SCOTT THOMAS
Individual as reported · Title/status as reported: CHIEF COMPLIANCE OFFICER
Reported in Form ADV dated May 26, 2026 · Registered investment adviser filing
Related organizations
No current CRD-linked related organizations are available to display from Form ADV.
Private funds reported by the adviser
Named funds appear only on this adviser profile. InvestorTrustHub does not publish standalone fund pages from this graph.
Item 7.B private-fund count as reported (not a named-fund list) · Item 7.B: Yes as reported · Count 7.B.(1): 7 · Gross assets as reported: 761,838,476
Private fund reported by the adviser
A16Z PERENNIAL DIVERSIFYING INVESTMENTS FUND, L.P.
805-9690934360
Cayman Islands · Reported in Form ADV dated May 26, 2026
Private fund reported by the adviser
A16Z PERENNIAL OPPORTUNITIES FUND, L.P. - SERIES I
805-8476388895
Delaware, United States · Reported in Form ADV dated May 26, 2026
Private fund reported by the adviser
A16Z PERENNIAL OPPORTUNITIES FUND, L.P. - SERIES II
805-2531527146
Delaware, United States · Reported in Form ADV dated May 26, 2026
Private fund reported by the adviser
A16Z PERENNIAL REAL ASSETS FUND, L.P.
805-4441246860
Delaware, United States · Reported in Form ADV dated May 26, 2026
Private fund reported by the adviser
A16Z PERENNIAL VENTURE CAPITAL FUND MASTER FUND A, L.P.
805-8519894925
Delaware, United States · Reported in Form ADV dated May 26, 2026
Private fund reported by the adviser
A16Z PERENNIAL VENTURE CAPITAL FUND MASTER FUND B, L.P.
805-8089911248
Delaware, United States · Reported in Form ADV dated May 26, 2026
Private fund reported by the adviser
A16Z PERENNIAL VENTURE CAPITAL FUND, L.P.
805-5307886723
Delaware, United States · Reported in Form ADV dated May 26, 2026
Fund service providers
Only current provider rows with sufficient identity quality are shown. Name-only rows remain internal.
Custodian reported for a private fund
RAYMOND JAMES & ASSOCIATES, INC.
Reported in Form ADV dated May 26, 2026
Filing history / historical reported relationships
Historical filings are evidence of what was filed, not a restatement of current facts.
Filings in graph
9
RIA 9 · ERA 0
Latest relational filing
May 26, 2026
Registered investment adviser · Other-Than Anual Amendment For Registered Adviser
ADV-W filings
0
Shown as historical evidence only
Recent sec form adv filings
- 2107987 · May 26, 2026 · RIA · Other-Than Anual Amendment For Registered Adviser · current reported filing
- 2048755 · March 28, 2026 · RIA · Annual Updating Amendment for Registered Adviser · historical filing
- 1875835 · May 15, 2024 · RIA · Other-Than Anual Amendment For Registered Adviser · historical filing
- 1845444 · March 28, 2024 · RIA · Annual Updating Amendment for Registered Adviser · historical filing
- 1765190 · May 27, 2023 · RIA · Other-Than Anual Amendment For Registered Adviser · historical filing
- 1703218 · January 20, 2023 · RIA · Other-Than Anual Amendment For Registered Adviser · historical filing
- 1695199 · December 21, 2022 · RIA · Initial SEC Registration Request · historical filing
- 1932602 · date not present · RIA · Annual Updating Amendment for Registered Adviser · historical filing
- 1994854 · date not present · RIA · Other-Than Anual Amendment For Registered Adviser · historical filing
Form CRS documents
Official Form CRS mapping/document metadata. InvestorTrustHub does not extract narrative claims from these files.
FIRM_CRS_324429_0945c2ce-0100-4fbd-9fea-dde27fb17a1f.pdf
March 28, 2026 · 0945c2ce-0100-4fbd-9fea-dde27fb17a1f
FIRM_CRS_324429_74d088c5-b81c-498e-8737-c46b6c71c995.pdf
March 28, 2025 · 74d088c5-b81c-498e-8737-c46b6c71c995
Sources and methodology
Evidence and source details
Material facts on this page are traced to the official SEC/IARD roster. Expand a panel to see source context. Raw 400-column filings are not dumped here.
Source, dataset, and retrieval
Source. U.S. Securities and Exchange Commission / IARD · Registered Investment Advisers (IARD firm roster) · record 324429 · retrieved August 18, 2026
Release: August 3, 2026
Evidence records tied to this firm: 7
Raw source snapshot: present
Source status text (not a consumer endorsement): Approved
What these terms mean
What is an RIA?
A registered investment adviser is a firm whose Form ADV/IARD record reports it as registered with the SEC or, in other contexts, a state. InvestorTrustHub shows what the cited official dataset reports. Registration is a regulatory category, not a quality rating.
What is an Exempt Reporting Adviser?
An Exempt Reporting Adviser files a limited Form ADV report because it qualifies for an exemption from full SEC registration. It is not a registered investment adviser. Exemption from full registration is not a finding of safety, quality, or honesty.
What is a CRD number?
A CRD number is the Central Registration Depository identifier assigned to a firm or individual in the IARD/CRD system. InvestorTrustHub uses the firm CRD as the stable identity key. A CRD is an identifier, not an endorsement.
What is an SEC file number?
An SEC file number (often beginning 801- for registered advisers or 802- for exempt reporting advisers) is an official file identifier in SEC/IARD records. If this source record does not include one, that absence is not proof that no file number exists in another source.
What does “reported as registered” mean?
It means the cited official dataset reports the firm as a registered investment adviser as of the source date. It does not mean InvestorTrustHub or the SEC approved, certified, or recommended the firm.
What does it NOT mean?
Registration does not establish investment quality, performance, honesty, suitability, low risk, fiduciary compliance in every circumstance, or the absence of regulatory problems. Missing research is not a clean record.
What InvestorTrustHub has not researched yet
Absence from this page is not a finding that a record is clean, that no disclosure exists, or that the firm has no associated professionals.
- Individual professionals associated with this firm
- FINRA BrokerCheck research
- Detailed disciplinary history (DRP events)
- State-specific enforcement records
- Form ADV Part 2 brochure narrative
- Standalone public fund or owner profiles
- Investment performance
- Portfolio holdings
- Consumer reviews