a16z perennial Evergreen Fund for Sustainable Investments

The a16z Perennial Evergreen Fund is a game-changer for sustainable investments. It's a unique fund that allows investors to support companies that are working towards a more sustainable future.

By providing a steady stream of capital, the Evergreen Fund helps companies scale their impact without sacrificing financial returns. This approach has the potential to drive significant positive change.

The Evergreen Fund is designed to be a long-term investment, with a focus on supporting companies that have a strong track record of sustainability. This means investors can have confidence in their investments and know they're making a positive impact.

A different take: A16z Investments

Andreessen Horowitz has launched a new fund called a16z Perennial Venture Capital Fund to sustain its growth despite the slowdown in traditional venture capital funding. This fund is an open-ended, perpetual-life offering.

The firm aims to retain its shares in publicly traded companies rather than distributing them to limited partners, allowing for potential upside growth. This approach is similar to Sequoia Capital's evergreen fund in 2021.

The new fund will operate from Andreessen Horowitz's Menlo Park office and has been registered with the U.S. Securities and Exchange Commission. The firm's advisory services will cater to high-net-worth individuals, small businesses, pooled investment vehicles, private fund managers, wealth management advisers, and financial planners.

The Perennial Management business has 18 clients and employs eight individuals, including Chief Investment Officer Michel Del Buono, who was hired in the previous year.

The a16z Perennial Venture Capital Fund is an open-ended, perpetual-life offering that filed registration documents with the Securities and Exchange Commission earlier this month.

It's interesting to note that this fund is designed to be a long-term investment option for high-net-worth individuals.

The fund will offer advisory services to individuals, small enterprises, and pooled investment vehicles, as well as private fund managers, wealth management advisers, and financial planners.

As of May 27, the Perennial Management organization has $105 million in assets.

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The fund is part of a larger business unit that has 18 high-net-worth individuals as clientele.

This suggests that the fund is tailored to meet the specific needs of high-net-worth investors who are looking for long-term growth opportunities.

Other funds mentioned in the same regulatory filings include a16z Perennial Real Assets, a16z Perennial Private Equity, and a16z Perennial Diversifying Investments.