Investment adviser · CRD 157542

PORTOLAN CAPITAL MANAGEMENT, LLC

Investment adviser filing (IA)

BOSTON, MA, United States · Form ADV filed Apr 15, 2026

Regulatory AUM: $2.02B
Client accounts: 20
Employees: 12
Advisory professionals: 4

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Investment companies	1	$1,047,307,339	51.8%
Pooled investment vehicles	4	$596,990,601	29.5%
High-net-worth individuals	14	$267,060,525	13.2%
Charities	Fewer than 5	$110,002,690	5.4%

Filing source

Form ADV 2094573 · Apr 15, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

5 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

PORTOLAN EQUITY FUND, LPHedge Fund · Last reported Apr 15, 2026$202MGross asset value

Form D fundraising filings

Portolan Equity Fund, LP

Feeder funds

PORTOLAN EQUITY OFFSHORE FUND, LTD.

Fund administrator INTERNATIONAL FUND SERVICES BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP BOSTON, Massachusetts, United States

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Marketer CRESTWAVE CAPITAL PARTNERS LLC PALM BEACH, Florida, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

GOLDMAN SACHS & CO. LLC
SEC 8-129

CRESTWAVE CAPITAL PARTNERS LLC
CRD 332709 · SEC 8-71269

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-4147784955
Reported beneficial owners: 34
Minimum commitment: $2M
Form D file number: 021-176515

Form ADV 2094573 · Apr 15, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PORTOLAN SELECT FUND, LPHedge Fund · Last reported Apr 15, 2026$200MGross asset value

Form D fundraising filings

Portolan Select Fund, LP

Fund administrator THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP BOSTON, Massachusetts, United States

Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Marketer CRESTWAVE CAPITAL PARTNERS LLC PALM BEACH, Florida, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

THE BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

CRESTWAVE CAPITAL PARTNERS LLC
CRD 332709 · SEC 8-71269

Fund details & source

Fund ID: 805-2372030720
Reported beneficial owners: 41
Minimum commitment: $1M
Form D file number: 021-358133

Form ADV 2094573 · Apr 15, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PORTOLAN CO-INVESTMENT FUND, LPHedge Fund · Last reported Apr 15, 2026$46.2MGross asset value

Form D fundraising filings

Portolan Co-Investment Fund, LP

Fund administrator THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP BOSTON, Massachusetts, United States

Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Marketer CRESTWAVE CAPITAL PARTNERS LLC PALM BEACH, Florida, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

THE BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

CRESTWAVE CAPITAL PARTNERS LLC
CRD 332709 · SEC 8-71269

Fund details & source

Fund ID: 805-8902838119
Reported beneficial owners: 12
Minimum commitment: $5M
Form D file number: 021-531099

Form ADV 2094573 · Apr 15, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PORTOLAN PILOT MASTER FUND, LTD.Hedge Fund · Last reported Sep 10, 2015$65MGross asset value

Feeder funds

Fund administrator INTERNATIONAL FUND SERVICES BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS BOSTON, Massachusetts, United States

Custodian GOLDMAN, SACHS & CO. NEW YORK, New York, United States Related to adviser: No

Prime broker GOLDMAN, SACHS & CO. NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

GOLDMAN, SACHS & CO.
SEC 8-129

GOLDMAN, SACHS & CO.
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-6909124194
Reported beneficial owners: 28
Minimum commitment: $1M

Form ADV 945346 · Sep 10, 2015 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PORTOLAN PILOT FUND, LPHedge Fund · Last reported Mar 29, 2016$59.5MGross asset value

Form D fundraising filings

PORTOLAN PILOT FUND LP

Fund administrator INTERNATIONAL FUND SERVICES BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS BOSTON, Massachusetts, United States

Custodian GOLDMAN, SACHS & CO. NEW YORK, New York, United States Related to adviser: No

Prime broker GOLDMAN, SACHS & CO. NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

GOLDMAN, SACHS & CO.
SEC 8-129

GOLDMAN, SACHS & CO.
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-2370250480
Reported beneficial owners: 25
Minimum commitment: $1M
Form D file number: 021-75032

Form ADV 995974 · Mar 29, 2016 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Apr 15, 2026. View historical filings

Reported services

Individual portfolio management · Investment company portfolio management · Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

TWO INTERNATIONAL PLACE, SUITE 2630
BOSTON, MA, 02110, United States

CRD 157542

Filing source

Form ADV 2094573 · Apr 15, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.