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Aqua Group
Aqua Group began as a single-family office on Jersey roughly 20 years ago, serving three generations of one family.
Aqua Group
Aqua Group began as a single-family office on Jersey roughly 20 years ago, serving three generations of one family. Its founder and managing director, Jo Luce, structured the office to handle asset allocation, next-generation education, estates, and venture capital interests. The family office manages a diversified portfolio that includes UK and GCC real estate, a global private art collection, wine and classic car collections, and a private aircraft. It also commissioned Project 406, a sailing yacht from Dutch builder Royal Huisman. The firm’s geographic footprint spans the UK, the GCC, and global luxury-asset markets. Aqua Group maintains professional relationships with Boston Multi Family Office, which acquired the firm in March 2025. It also co-invests with Horizon Capital, a private equity firm that backed Boston’s acquisition. The office holds a Trust License from the Qatar Financial Centre — the first Jersey-owned entity to do so — and has won Citywealth accolades including Trust Company of the Year. The office’s core structural differentiator is its origin as a purpose-built single-family vehicle that later transitioned into a commercial multi-family office under Boston ownership. While no longer owned by the founding family, Aqua Group retains its private ownership heritage and independent posture.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
Europe
Country
Jersey
City
Jersey
Corporate office
Jersey, Channel Islands, United Kingdom
Additional offices
Isle of Man · Malta
Principals
Jo Luce
Founder and Managing Director
Sector focus
Frequently asked questions
Who runs Aqua Group's investment decisions?
Jo Luce, founder and managing director, oversees investment decisions at Aqua Group. While team size is not disclosed, the office functions as a lean, multi-asset vehicle. (per Altss research)
Does Aqua Group operate as a single-family office or does it serve external families?
Aqua Group started as a single-family office for its founding family but was acquired by Boston Multi Family Office in March 2025. It now operates within a commercial multi-family structure, though its original heritage remains single-family. (per firm website, 2025)
What assets does Aqua Group hold?
The portfolio includes UK and GCC real estate, a global private art collection, wine and classic car collections, a private aircraft, and a Royal Huisman yacht project. No AUM is publicly disclosed. (per Altss research)
How is Aqua Group related to Boston Multi Family Office?
Boston Multi Family Office acquired Aqua Group in March 2025. Horizon Capital, a private equity firm, invested in Boston to facilitate this and other acquisitions. Aqua Group operates as part of Boston's multi-family platform. (per firm website, 2025)
What is Aqua Group's presence in the Qatar Financial Centre?
Aqua Group was the first Jersey-owned entity to obtain a Trust License in the Qatar Financial Centre (QFC). It is a member of the QFC professional network. (per Altss research)
Does Aqua Group engage in venture capital?
The firm’s heritage includes venture capital interests as part of its family-office mandate. Specific VC holdings are not disclosed. (per firm website)
What philanthropic activities is Aqua Group involved in?
The office supports Jersey Hospice Care, Macmillan Cancer Support, and The Grace Crocker Family Foundation. (per Altss research)
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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