Portage Ventures
QuietFiled to raiseToronto, A6Enterprise software, FintechLast fund filed July 2026
7 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| Sagard Credit Partners III-U RN (US) | July 2026 | Indefinite | $140M | 7 |
| Sagard Credit Partners III-U (US) | December 2025 | Indefinite | $106M | 4 |
| Sagard CLO Equity Fund US FeederFiled to raise in 2025, with no closing reported yet. | 2025 | Indefinite | $0 | 0 |
| Portage Capital Solutions US Fund I | November 2024 | $83M | $83M | 11 |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
17 partners are named across this firm’s filings, 7 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| Adam FeleskyNot on the current fund | Quiet | Enterprise software, Fintech | 3 |
Categories of Portage Ventures’s own portfolio companies, based on 3 with a verified or cited source.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Portage Ventures’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| Firm | Shared boards | Companies |
|---|---|---|
| 8VC | 1 | Socotra |
| Brewer Lane Ventures | 1 | Socotra |
| General Catalyst | 1 | Socotra |
| KSN | 1 |
| August 2024 |
| Indefinite |
| $132M |
| 18 |
| Sagard Senior Lending Partners Offshore | May 2024 | Indefinite | $3.9M | 7 |
| Sagard Senior Lending Partners Offshore-U | May 2024 | Indefinite | $45M | 1 |
| Mowat | February 2022 | $1M | $1M | 1 |
| Portage Ventures III International | March 2021 | Indefinite | $174M | 18 |
| 0 |
| Adam Vigna | Quiet | None listed | 2 | 0 |
| Daniel BallenNot on the current fund | Quiet | None listed | 2 | 0 |
| Devon KirkNot on the current fund | Quiet | None listed | 1 | 0 |
| Dominique PerronNot on the current fund | Quiet | None listed | 0 | 0 |
| Errin Echenique | Quiet | None listed | 0 | 0 |
| Hassan MichaelNot on the current fund | Quiet | None listed | 0 | 0 |
| Jonathan TetraultNot on the current fund | Quiet | None listed | 0 | 0 |
| Junaid SubbanNot on the current fund | Quiet | None listed | 0 | 0 |
| Junaid Subhan | Quiet | None listed | 1 | 0 |
| Michael Hassan | Quiet | None listed | 0 | 0 |
| Paul Desmarais III | Quiet | Enterprise software | 4 | 0 |
| Puja KumarNot on the current fund | Quiet | None listed | 0 | 0 |
| Sacha HaqueNot on the current fund | Quiet | None listed | 2 | 0 |
| Samuel Robinson | Quiet | None listed | 2 | 0 |
| Stephan Klee | Quiet | None listed | 2 | 0 |
| Stephen KleeNot on the current fund | Quiet | None listed | 0 | 0 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
| Socotra |
| NEA | 1 | Valstro Holdings |
A shared board seat: a company where filings name a Portage Ventures partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.