Patria Private Equity Trust Names New Chair
Patria Private Equity Trust PLC has appointed Duncan Budge as its new chair following the company’s annual general meeting, according to Private Equity Wire. Budge replaces Alan Devine, who has stepped down as both director and chair.
Appointment Background
Budge joined the board in February 2025 and brings extensive experience in private equity and board leadership, as reported in the source. Devine, who had served as chair since March 2022 and as a director since May 2014, is stepping down from his roles.
Transition Details
Outgoing chair Alan Devine stated: “I am pleased to hand over the chair to Duncan Budge. His deep sector knowledge and leadership skills make him an excellent successor. I remain committed to supporting Patria Private Equity Trust’s growth as a shareholder,” according to Private Equity Wire. This marks a leadership change at the trust, with Budge taking over immediately after the meeting.
Company Context
As a widely-known entity in private equity, Patria Private Equity Trust PLC focuses on investment opportunities, and this appointment follows standard board practices in the sector.
