# Patria Private Equity (Europe) Limited

> Patria Private Equity (Europe) Limited is an SEC-registered investment advisory firm in Edinburgh, United Kingdom, registered since 2023, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated May 12, 2026.

- CRD: 318769
- Filed as: PATRIA PRIVATE EQUITY (EUROPE) LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Edinburgh, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: May 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/318769
- AdvisorCensus page: https://advisorcensus.com/firm/patria-private-equity-europe-limited-edinburgh-318769

## Quick answers

**How is Patria Private Equity (Europe) Limited compensated?**
On its Form ADV (Item 5.E, October 2026), Patria Private Equity (Europe) Limited reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Patria Private Equity (Europe) Limited located?**
Patria Private Equity (Europe) Limited's principal office is in Edinburgh, United Kingdom, according to its Form ADV; the June 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Patria Private Equity (Europe) Limited registered with the SEC or a state?**
Patria Private Equity (Europe) Limited is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 318769.

**How much does Patria Private Equity (Europe) Limited manage?**
Patria Private Equity (Europe) Limited reports $8,005,705,681 in regulatory assets under management in its Form ADV filing dated May 12, 2026 (98% discretionary).

**How have Patria Private Equity (Europe) Limited's assets and staff changed since 2023?**
In the Form ADV data for Patria Private Equity (Europe) Limited: Regulatory assets under management: $2,195,176,863 in the October 2023 data and $8,005,705,681 in the October 2026 data, up 265%. Total employees: 57 in October 2023 and 70 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Patria Private Equity (Europe) Limited serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (26); corporations or other businesses not listed above (7); pension and profit sharing plans (but not the plan participants or government pension plans) (4).

**Which custodians does Patria Private Equity (Europe) Limited use?**
Patria Private Equity (Europe) Limited's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Societe Generale - Luxembourg as a custodian holding 10% or more of its separately managed account assets.

**Does Patria Private Equity (Europe) Limited report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/318769

**What changed in Patria Private Equity (Europe) Limited's recent Form ADV filings?**
In the June 2026 filing data: Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.D(2)).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Societe Generale - Luxembourg

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $8,005,705,681
- Discretionary: $7,860,328,148
- Non-discretionary: $145,377,533

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 2 | $77,870,275 |
| Pooled investment vehicles (other than investment companies and business development companies) | 26 | $4,477,042,602 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 4 | $1,104,262,997 |
| State or municipal government entities (including government pension plans) | 4 | $1,686,515,582 |
| Insurance companies | 3 | $491,428,337 |
| Corporations or other businesses not listed above | 7 | $168,585,888 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2023 (3 years)
- Employees: 70 total, 25 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NM
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- London
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- [patria.com](https://patria.com)
- Facebook @patriainvestments
- LinkedIn @patria-investments

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $2,195,176,863 | 57 | July 13, 2023 |
| October 2024 | $606,831,452 | 57 | September 27, 2024 |
| October 2025 | $6,943,189,096 | 70 | March 28, 2025 |
| October 2026 | $8,005,705,681 | 70 | May 12, 2026 |

Regulatory assets under management: $2,195,176,863 in the October 2023 data and $8,005,705,681 in the October 2026 data, up 265%.
Total employees: 57 in October 2023 and 70 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.D(2)).

### April 2026
- Regulatory assets under management went from $6,943,189,096 to $8,005,705,681 (+15%).
- Changed its office addresses in London.
- Added an office in New York, NY.
- No longer lists an office in Boston, MA.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Patria Private Equity (Europe) Limited (CRD 318769): Form ADV filing data as of October 2026.