Hong Kong Family Office Yacht Investment Backs Central Yacht Expansion

A Hong Kong family office yacht investment by TGG Group will support Central Yacht’s expansion across China’s Greater Bay Area and the development of vessels tailored to Asian owners.

TGG Group, the single-family office led by Barry Lau, has invested in the yacht designer, builder and operator, with Lau joining Central Yacht as a partner.

The agreement combines TGG’s capital and regional commercial network with Central Yacht’s experience in owner representation, new-build supervision and Italian yacht projects.

Central Yacht plans to launch its first programme with a 30-metre aluminium vessel based on the Orchid 100 concept.

The yacht will incorporate waste-heat recovery technology and design features intended to address marina and operating constraints across Asian markets.

Founder Paul Brackley said the partnership would enable the company to reconsider how yachts are designed, constructed and supported for regional clients, reflecting growing family office interest in specialised luxury assets and marine businesses.