Currently, you can archive Opportunities but once a Portfolio is set up it's always in your system. Sometimes, a Portfolio will no longer be used at an institution. Admins want to keep a record of that Portfolio to reference if needed, but don't necessarily want to see it on the All Portfolios page. The request came up for the ability to archive or somehow hide Portfolios to help keep that All Portfolios page clean.

Current workaround is to append the Portfolio name with something like "zzzzz" so that it appears at the bottom of the list.