This statue is modeled after one of Portland's founders, George Cleeve, and it stands along the Eastern Waterfront. The statue happens to be standing on land belong to Portland Yacht Services, a business that is owned by a descendent of Cleeve. As you can read in this article from 2003, this statue caused some controversy back when it was offered to the city in 2002. It was not accepted by the city due to the possibility that Cleeve had owned slaves. So despite not being a piece of public art and being located on private land, when the Portland Yacht Services is open during the day you can stop in for a glimpse of the statue that they found a place for.
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