Montana Capital Partners is deploying $40 million across climate and social impact investments through a discretionary mandate. The firm plans to allocate capital via fund investments, secondary transactions and co-investments, according to PE International.

Discretionary mandates provide asset managers flexibility to move quickly on opportunities without requiring client approval for each deal. This approach proves valuable in competitive impact markets where speed determines access to sought-after fund managers and transactions. The firm can pursue multiple strategies simultaneously.

The deployment signals continued institutional appetite for impact-focused private equity. Climate and social strategies have attracted growing capital as investors seek measurable environmental and social returns alongside financial gains. The discretionary structure allows Montana Capital Partners to navigate a fragmented market efficiently.