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Portage Ventures

Portage Ventures last closed a fund in August 2024 — 27 months ago.

Next fund
No rhythm to call

2 funds on record — a rhythm needs three. No month is guessed; the filing will say.

Mid-cycle  This firm is far enough into its last fund to be investing, and too early to be raising again.

Still filing with the SEC: August 2025. That is an amendment to an existing offering, not a new fund - which is what an evergreen structure looks like in this data.

Funds on file
2
Capital raised
$282M
Latest close
August 2024
Based in
non-US

Vehicles on file

VehicleFirst closeAmount Filings
Portage Ventures IV International LPAugust 2024$132M0002029223 ↗
Portage Ventures III International LPMarch 2021$150M0001855148 ↗

Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.

Named on filings

Sacha Haque, Adam Felesky, Jonathan Tetrault, Michael Hassan, Paul Desmarais III, Puja Kumar, Samuel Robinson, Stephan Klee

What Portage Ventures invests in

Typical fund
$150M median, early stage, Series A-B scale
Median of this firm’s filed fund sizes on Form D.
Website
sagard.com
As filed by the adviser on Form ADV, April 2026.

Service providers

Fund administrator
SS&C (2 funds)
Auditor
Deloitte (2 funds)

From Form ADV filed by SAGARD HOLDINGS MANAGER LP CRD 304924 ↗, latest filing April 2026, covering 2 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.

What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.

What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.

“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.