Global fintech investor Portage has launched a late-stage, fintech-focused Portage Capital Solutions (PCS) Fund.
Co-heads Daniel Ballen and Devon Kirk will lead the strategy, focusing on structured opportunities in fintech and financial services companies globally and targeting investments of more than $50 million.
Portage believes PCS’ strategy is well-positioned to meet the demand for capital across all cycles in both public and private markets, whether for organic growth, mergers and acquisitions, or recapitalizations. PCS will leverage Portage’s existing platform, one of the largest global fintech specialist investment firms with more than $3 billion in AUM, and benefit from its deep fintech experience, established sourcing network and proven value-creation expertise.
Kirk has nearly two decades of experience in private equity and structured solutions, with a focus on financials. She spent more than 10 years at CPP Investments, based in Toronto, and was