Portolan Capital Management, LLC

Portolan Capital Management, LLC is a Boston-based SEC-registered investment adviser specializing in small- and mid-cap equity investing. Founded in 2004 by George McCabe, the firm employs fundamental analysis and rigorous primary research in its investment decisions and active management of its portfolios. Portolan services qualified individuals, private and public institutions through its management of separate accounts, pooled investment vehicles, and within sub-advisory relationships.

The firm's investment philosophy centers on identifying high-quality, undiscovered, overlooked, and inefficient investment opportunities in small and mid-sized public companies. Portolan focuses on businesses with strong prospects, often at inflection points in their lifecycle, analyzing companies through the lens of management objectives and competitive dynamics within sectors. The research and investment team emphasizes portfolio construction with opportunities in growth, value, and special situations based on evolving opportunity sets.

Portolan generally seeks investments in well-managed companies with strong market and competitive positioning, improving fundamentals, margin expansion potential, and attractive valuation. The firm manages approximately $1.2 billion in assets across 22 accounts, all of which are discretionary. Portolan's fee structure includes asset-based and performance-based fees, with management fees typically ranging between an annual rate of 0.50% to 1.5% of net assets.