a16z Perennial Diversifying Investments Offshore Fund, Ltd.
a16z Perennial Diversifying Investments Offshore Fund, Ltd. is a hedge fund based in Menlo Park, California. According to its most recent Form D, filed Oct 9, 2026, the fund has sold $18,000,000 of interests to 5 investors since its first sale in Jun 2024. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include a16z Perennial Management, L.P; Michel Del Buono; Eric Alby.
Performance
No verified returns have been reported for this fund. As a rough guide, A16z Perennial Management, L.P., which manages it, disclosed U.S. stock holdings that returned an estimated -9.7% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q3 2024 to Q2 2026, the estimate is +3.1% (S&P 500: +31.2%).
This estimate covers the firm's whole disclosed long U.S. stock portfolio. It is not this fund's return and excludes dividends, fees, shorts, derivatives, bonds, cash and trading within each quarter.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $18,000,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Jun 3, 2024
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- a16z Perennial Management, L.P; Michel Del Buono; Eric Alby
- Latest Form D
- Oct 9, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about a16z Perennial Diversifying Investments Offshore Fund, Ltd.
What is the minimum investment for a16z Perennial Diversifying Investments Offshore Fund, Ltd.?
a16z Perennial Diversifying Investments Offshore Fund, Ltd.'s latest Form D, filed Oct 9, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in a16z Perennial Diversifying Investments Offshore Fund, Ltd.?
a16z Perennial Diversifying Investments Offshore Fund, Ltd. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has a16z Perennial Diversifying Investments Offshore Fund, Ltd. raised?
a16z Perennial Diversifying Investments Offshore Fund, Ltd. reports $18,000,000 sold from 5 investors on its Form D filed Oct 9, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is a16z Perennial Diversifying Investments Offshore Fund, Ltd. based?
a16z Perennial Diversifying Investments Offshore Fund, Ltd. is based in Menlo Park, California and is managed by A16z Perennial Management, L.P..
When did a16z Perennial Diversifying Investments Offshore Fund, Ltd. launch?
a16z Perennial Diversifying Investments Offshore Fund, Ltd. reports its first sale in Jun 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every hedge fund
Raised more than 42% of the 1,060 hedge funds based in California, and more than 29% of all 10,307 that report sales.