Private equity funds in Montana
3 funds filed a Form D between Oct 1, 2024 and Oct 30, 2026. Largest cities: Missoula (1), Livingston (1), Bigfork (1).
3private equity funds
2emerging managers
2first sale since 2025
$5.3Mmedian raised
All 3 private equity funds in Montana
Fund
First sale
Raised
Investors
Minimum
Offering
Refuge Capital Fund Two, LLC
Missoula, MTEmerging
First saleAug 2025
Raised$5.3M
Investors26
Minimum$25K
Offering506(b)
Saddle Peak Partners LLC
Livingston, MTEmerging
First saleJan 2026
Raised$355K
Investors6
MinimumNone set
Offering506(b)
Shield Group, L.P.
Bigfork, MT
First sale—
Raised$0
Investors0
MinimumNone set
Offering506(b)