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Portage Announces US$600M Final Close of Ventures Fund IV

10 minutes ago
1 min read

Portage. (2026, September 16). Portage announces US$600M final close of Ventures Fund IV. https://portageinvest.com/blog/portage-announces-us600m-final-close-of-ventures-fund-iv/

  • Portage announced the final close of Portage Ventures Fund IV at approximately US$600M.

  • Portage is a global fintech investment platform with US$7.0B in assets under management, and the close marks a decade of the firm's investments in financial technologies and services.

  • Over ten years the firm has grown from its flagship Venture strategy into a platform spanning Venture, Growth Equity, and Secondaries strategies, with more than 140 portfolio companies across North America, Europe, and additional regions.

  • New strategic Limited Partners joining the fundraise include Broadridge and Fifth Third Bank.

  • Portage operates as Sagard's fintech investment platform and supports founders across wealth management, banking, insurance, and payments.

  • Adam Felesky, Co-Founder and CEO, said that financial services would undergo a profound technological transformation and that "wealth management is entering the same kind of structural disruption that transformed banking a decade ago."

  • Stephanie Choo, General Partner and Co-Head of Portage Ventures, said that "fintech has its own rulebook, and generic support won't give founders the edge they need to win."

Knote: This is good news since they are one of the more active WealthTech investors. They have between 12-15 WealthTech investments live, depending on how you count it, including Alpaca, Wealthsimple, and Conquest.

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