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Perennial
Perennial Inc. is an SEC-registered investment adviser in LOS ANGELES, CA, registered since 2017. The firm manages approximately $2.5 billion in regulatory...
Perennial
Perennial Inc. is an SEC-registered investment adviser in LOS ANGELES, CA, registered since 2017. The firm manages approximately $2.5 billion in regulatory assets. It has 71 employees and 39 investment advisers.
General information
Firm type
Multi Family Office
Year founded
2004
Location
Region
North America
Country
United States
City
Los Angeles
Corporate office
1350 Avenue of the Americas, Suite 1920, New York, NY 10019, United States
Additional offices
Montreal, Canada · Toronto, Canada
Principals
Chris Heintz
Managing Partner
Scott Strasser
Managing Partner
Shyamli Milam
Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Perennial?
Chris Heintz (Managing Partner, co-founder) and Scott Strasser (Managing Partner, co-founder) jointly lead investment decisions. Shyamli Milam (Partner) oversees portfolio research and analysis. The firm emphasizes direct access to the investment team for clients.
How does Perennial source proprietary deal flow?
The firm does not publicly detail its sourcing model. However, Heintz and Strasser bring networks from Morgan Stanley, Goldman Sachs, Atticus Capital, Gordon Brothers, and Bear Stearns. The firm likely relies on these relationships and its principal investing experience.
Is Perennial structured as a single family office or does it operate more like an investment firm?
Perennial operates as a multi-family office, serving multiple families, professionals, and institutions. It combines wealth management advisory with principal investing, bundling advice, portfolio management, and service into one relationship.
Does Perennial participate in fund commitments or only direct deals?
Perennial invests in both public and private equity directly, acting as a principal. It does not disclose fund commitments to external GPs, but its heritage includes hedge fund management (Perennial Investors) and private equity fund experience (Strasser at GB Merchant Partners).
What investment stages does Perennial typically target?
The firm is long-term oriented and invests across public and private equity stages. Chris Heintz previously ran a long-biased equity hedge fund, and Scott Strasser focused on control and minority private equity investments in middle-market consumer companies.
Which sectors does Perennial explicitly avoid?
The firm does not publish a list of excluded sectors. Its known focuses include private equity in consumer, healthcare, business services, and specialty finance, as well as value-oriented public equities.
How is Perennial related to Perennial Investors?
Perennial was founded by Chris Heintz after he established Perennial Investors, a long-biased equity hedge fund that reached $400 million. Perennial is a separate entity but shares its investment roots and many of the same team members.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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