Multi-Family Office

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LEON MFO Investments

LEON MFO Investments Ltd was registered in Cyprus in October 2013. Andrey Narutskiy, former Head of Wealth Advisory at PwC Cyprus, leads the firm as founder...

LEON MFO Investments logo

LEON MFO Investments

LEON MFO Investments Ltd was registered in Cyprus in October 2013. Andrey Narutskiy, former Head of Wealth Advisory at PwC Cyprus, leads the firm as founder and CEO. It holds authorization from CySEC as an alternative investment fund manager and provides portfolio management and investment advice. The firm deploys capital across hedge funds, private equity, real estate, private credit, and commodities. It sponsors the Leon Income Fund and Leon Global Hedge Fund as proprietary vehicles. It also acts as AIFM for the Global compartment of Quilvest Capital Partners. Geographic exposure centers on Europe and North America. In 2024 the firm launched its first Actively Managed Certificate. AUM stands at approximately $750 million. The firm maintains a Premium Real Estate Portfolio of over ten properties in Cyprus and holds interests in real-estate-backed NFT structures. It employs a core-satellite equity approach through ETFs focused on technology and energy themes. Additional offices are not disclosed. LEON MFO Investments operates a regulated AIFM platform that supplies fund infrastructure to international managers such as Quilvest while running its own branded products. This dual role as family-office allocator and third-party AIFM service provider distinguishes its structure from pure single-family offices.

General information

Firm type

Multi Family Office

Year founded

2013

AUM

750 (Altss estimate)

Location

Region

Europe

Country

Cyprus

City

Limassol

Corporate office

Nobel Centre, Spyrou Kyprianou Avenue 47 Office 202, Mesa Geitonia 4003

Principals

Andrey Narutskiy

Founder, CEO, and Managing Director

Mikhail Borisov

Chief Investment Officer and Portfolio Manager

Dimitris Nicolaou

Director and Head of Digital Transformation

Sector focus

Hedge FundsPrivate EquityReal EstatePrivate CreditFund of FundsFinTechEnergy Transition & Renewables

Frequently asked questions

Who runs investment decisions at LEON MFO Investments?

Andrey Narutskiy serves as Founder, CEO and Managing Director. Mikhail Borisov acts as Chief Investment Officer and Portfolio Manager.

Does LEON MFO Investments participate in fund commitments or only direct deals?

The firm sponsors and manages proprietary funds including the Leon Income Fund and Leon Global Hedge Fund. It also serves as AIFM for third-party vehicles such as the Quilvest Global compartment.

What investment stages does LEON MFO Investments typically target?

The firm focuses on established managers and income-oriented strategies. It maintains exposure to hedge funds, private credit, real estate and select private equity.

Where does the underlying wealth come from?

Wealth origin is not publicly disclosed. The firm serves high-net-worth families and institutions without attributing capital to a specific source family.

How is LEON MFO Investments related to external managers?

It provides AIFM platform services to international sponsors such as Quilvest Capital Partners while running its own branded funds.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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