X0708 D/A LIVE 0001769334 Downstream Perennial Offshore Fund Ltd C/O MAPLES AND CALDER BOX 309, UGLAND HOUSE GRAND CAYMAN E9 CAYMAN ISLANDS KY1-1104 415-878-3301 CAYMAN ISLANDS None None Other Cayman Islands Exempted Company true Daryl Smith 669 Hawthorne Drive Tiburon CA CALIFORNIA 94920 Director Sinead Hayes 948 Chenery Street San Francisco CA CALIFORNIA 94131 Director Pooled Investment Fund Hedge Fund false Decline to Disclose 06b 3C 3C.7 true 0001769334-25-000002 2019-03-25 true true true false 1000000 Indefinite 50946894 Indefinite false 6 0 0 0 false Downstream Perennial Offshore Fund Ltd /s/ Daryl Smith Daryl Smith Managing Member of the Investment Manager 2026-10-20