Updated:
Perennial
Perennial is a partner-driven wealth management and investment firm serving families and institutions, founded by Chris Heintz and Scott Strasser.
Perennial
Chris Heintz and Scott Strasser co-founded Perennial to operate as a modern wealth management and investment firm that bundles advice, portfolio management, and service under one roof. Heintz previously founded Perennial Investors, a long-biased equity hedge fund that reached $400 million in assets. Strasser was a Managing Director at GB Merchant Partners, the private equity affiliate of Gordon Brothers, managing a $320 million fund focused on middle-market consumer companies. The firm invests across public and private equity, with a long-term, value-oriented approach. Heintz and Strasser have over sixty years of combined investing experience. The firm does not publicly disclose portfolio holdings, but its strategy spans direct private equity co-investments and public equity positions. Shyamli Milam, a Partner who was Director of Research at Perennial Investors, leads research and analysis. Perennial is headquartered in New York City with additional offices in Montreal and Toronto, Canada. The firm does not disclose its AUM or the number of professionals. Chris Heintz is a member of the Explorers Club and has made first ascents of mountains in Antarctica and Greenland — an operational detail that reflects a broader culture of endurance and exploration. Perennial structures itself as a multi-family office, combining wealth management advisory with direct principal investing. This model allows the firm to align its own capital with that of clients, operating without the conflicts inherent in traditional wealth management — a structural differentiator that sets it apart from standard outsourced CIO or wirehouse offerings.
General information
Firm type
Multi Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
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.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: