Multi-Family Office

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NOIA Capital

NOIA Capital was established in 2019 by Muhammed Yesilhark and Nicolas Vassaux. The Lhoist family provides the primary capital anchor through its...

NOIA Capital logo

NOIA Capital

NOIA Capital was established in 2019 by Muhammed Yesilhark and Nicolas Vassaux. The Lhoist family provides the primary capital anchor through its industrial-minerals operations. The firm allocates across liquid strategies and early-stage growth equity. It executes direct deals and maintains exposure to blockchain-related opportunities. Geographic reach includes Europe and the Middle East through its regulatory registrations. A transaction in which a group led by NOIA Capital acquired the defence business of Improbable, later rebranded Skyral, illustrates its direct-deal activity. Team size and total deployment figures remain undisclosed. The firm lists an additional residential property at 745 Penny Dr, Pittsburgh. Adjacent vehicles include the philanthropic entities EverGive and National Zakat Foundation UK. Muhammed Yesilhark serves on the Dubai Chamber of Commerce Digital Economy Advisory Council. NOIA Capital operates with approvals from the CSSF in Luxembourg, FSMA in Belgium and VARA in the UAE. This multi-jurisdictional structure supports both proprietary family capital and third-party mandates under a single platform.

General information

Firm type

Multi Family Office

Year founded

2019

Location

Region

Europe

Country

Luxembourg

City

Luxembourg

Corporate office

Luxembourg, Luxembourg

Principals

Muhammed Yesilhark

Co-founder and Chief Investment Officer

Nicolas Vassaux

Co-founder and Head of Direct Deals

Sector focus

Venture CapitalPrivate Equity

Frequently asked questions

Who runs investment decisions at NOIA Capital?

Muhammed Yesilhark serves as co-founder and Chief Investment Officer. Nicolas Vassaux serves as co-founder and Head of Direct Deals.

Where does the underlying wealth come from?

The Lhoist family industrial-minerals fortune anchors the firm.

Does NOIA Capital participate in fund commitments or only direct deals?

The firm executes direct deals, including the acquisition of Improbable's defence business.

Which regulatory bodies oversee NOIA Capital?

The firm is registered with the CSSF in Luxembourg, FSMA in Belgium and VARA in the UAE.

What investment stages does NOIA Capital typically target?

The firm focuses on early-stage growth rounds alongside liquid strategies.

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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