Patria Private Equity Trust PLC has appointed Duncan Budge as its new chair following the conclusion of the company’s annual general meeting, according to a report by Alliance News. Budge replaces Alan Devine, who has stepped down as both director and chair.
Devine had led the board since March 2022 and had been a company director since May 2014. Budge, who joined the board in February 2025, brings extensive experience in private equity and board leadership.
Outgoing chair Devine said: “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.”