Perennial Value Management

Perennial Value Management is a specialist, active investment management firm based in Australia, founded in 2000 by John Murray. The firm is employee-owned following a management buyout of the remaining stake from IOOF Holdings in 2019. It operates as a boutique investment firm under the Perennial Partners brand. Perennial Value focuses on Australian equities with a value-based investment style, managing strategies across large caps, smaller companies, and microcaps. It also manages funds that invest in unlisted and pre-IPO companies, such as the Perennial Private to Public Opportunities Fund. The firm's investment in Equiem was part of this private investment strategy.