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Noel Group
Noel Group is a multi-family office led by CEO Andrew S. Feller, investing in real estate, private equity, and hedge funds.
Noel Group
Noel Group was founded as a multi-family office serving high-net-worth families, with Andrew S. Feller as CEO and David J. G. K. deBruin as CIO. The firm does not attribute its wealth to a single source, positioning itself as a service provider for multiple families rather than a single-family office. The firm's strategy spans real estate, private equity, hedge funds, and private credit. Noel Group makes direct investments and co-investments, with a geographic focus on North America and select international markets. Known portfolio holdings include commercial real estate assets in the U.S. and private equity positions in middle-market companies. Noel Group maintains a lean team structure, with a handful of investment professionals. The firm does not publicly disclose total assets under management, professionals count, or additional offices. No recent material operational events have been reported in public sources. The firm operates as a multi-family office, meaning it manages capital for multiple families rather than a single wealth origin. This structure allows Noel Group to pool resources for larger direct deals and co-investments, though its exact governance and succession plans remain private.
General information
Firm type
Multi Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Andrew S. Feller
Chief Executive Officer
David J. G. K. deBruin
Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Noel Group?
Andrew S. Feller serves as CEO, and David J. G. K. deBruin is the CIO, according to public records. They oversee the firm's multi-family office investment strategy, which spans real estate, private equity, and hedge funds.
How does Noel Group source proprietary deal flow?
Noel Group leverages its network of family office clients and external partners to source direct investments and co-investment opportunities. The firm focuses on middle-market private equity and commercial real estate, often syndicating deals among its family office clients.
Is Noel Group structured as a single family office or does it operate more like a venture firm?
Noel Group is a multi-family office (MFO), serving multiple wealthy families rather than a single fortune. It does not operate as a venture firm but makes direct investments in private equity and real estate, alongside external GP fund commitments.
Does Noel Group participate in fund commitments or only direct deals?
Noel Group pursues both fund commitments and direct co-investments. Its multi-family office structure allows it to allocate capital to external hedge funds and private equity funds while also taking direct positions in real estate and private companies.
What investment stages does Noel Group typically target?
Noel Group targets direct real estate and middle-market private equity investments, as well as hedge fund allocations. It does not focus on venture-stage startups but rather on later-stage, cash-flow-oriented assets.
Which sectors does Noel Group explicitly avoid?
Public information does not list explicit sector exclusions for Noel Group. However, its known focus on real estate, private equity, and hedge funds suggests it avoids high-risk early-stage technology sectors.
Where does the underlying wealth come from for Noel Group?
Noel Group does not disclose the specific sources of wealth for its client families. As a multi-family office, it serves multiple families whose origins are not published.
Profile maintained by Altss 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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