# Aqua Group

Aqua Group is a Single Family Office based in Jersey, Jersey.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Jersey, Jersey
- **Region:** Europe
- **Address:** Jersey, Channel Islands, United Kingdom
- **Assets under management:** Undisclosed
- **Website:** aquagroup.co
- **LinkedIn:** https://www.linkedin.com/company/aqua-trust-company-limited

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Real Estate
- Luxury
- Private Client

## Offices

- Isle of Man
- Malta

## People

- Jo Luce — Founder and Managing Director

## 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)

## Related profiles

- [A.P. Møller Holding](https://altss.com/profile/apmollerholdingarnoldpetermollerfamilyoffice)
- [Aquitaine](https://altss.com/profile/aquitainefamille)

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Updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/aquagroupfamilyoffice

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