Key Takeaways
- • Dakota Marketplace's 2026 guide ranks the ten largest disclosed family offices in Hong Kong, which together manage more than $29.1B in disclosed assets across private equity, real estate, venture capital and direct co-investment.
- • The Mari-Cha Group, the private investment company of Robert W. Miller and family, leads the list at $10B, focused on alternative and illiquid assets.
- • Nan Fung Trinity ($4.1B) and VMS Group ($4B, $4.0B AUM as of March 31, 2025) are the next largest, with VMS reporting a broader $10.0B ecosystem including strategic partners.
- • The list is a marketing-oriented directory published by Dakota Marketplace, which sells access to family office contact data and demos; AUM figures are self-reported or platform-sourced and are not independently verified in the article.
Summary
Dakota Marketplace has published a 2026 guide to the top family offices in Hong Kong, a market the platform describes as concentrated around Central, where multi-generational real estate, trading and conglomerate wealth has been moved into structured investment vehicles. The ten offices listed collectively manage more than $29.1B in disclosed assets, according to the article.
The Mari-Cha Group, formerly Search Investment Group, is the largest entry at $10B. It is the private investment vehicle of Robert W. Miller and his family, established in the early 1970s, and Miller is a founding shareholder in Duty Free Shoppers, now co-owned with LVMH Moët Hennessy Louis Vuitton. Nan Fung Trinity, the financial investment arm of the privately held Nan Fung Group, manages $4.1B. The firm is licensed by the Hong Kong SFC for Type 1, 4 and 9 activities and has 40+ professionals. VMS Group reports $4.0B in AUM as of March 31, 2025, and a broader ecosystem of $10.0B including strategic partners and 400 ecosystem investments.
The remaining offices are smaller by disclosed AUM. DL Family Office ($4B) provides end-to-end services to ultra-high-net-worth families in Greater China. Grandis Capital ($2B) reports roughly $2B in accumulated deployed capital across more than 80 investments, with holdings including ByteDance, Meituan and Kuaishou. Andon Hong Kong ($2B) is a single-family office associated with Andon Health and maintains a New York presence focused on hedge fund access. Sino-Rich Family Office ($1B), Blackhorn Wealth Management ($1B), ZhongYi Investment Managers ($500M) and Youxfort Family Office ($500M) round out the list.
The article notes that Dakota Marketplace covers a broader universe of smaller and emerging family offices and offers filtering by geography, AUM, asset class and direct investment team contacts. Readers should weigh the list accordingly: the figures are presented without independent verification, and the piece functions in part as a lead-generation resource for capital raisers targeting Asia-Pacific family offices.
The Mari-Cha Group, formerly Search Investment Group, is the largest entry at $10B. It is the private investment vehicle of Robert W. Miller and his family, established in the early 1970s, and Miller is a founding shareholder in Duty Free Shoppers, now co-owned with LVMH Moët Hennessy Louis Vuitton. Nan Fung Trinity, the financial investment arm of the privately held Nan Fung Group, manages $4.1B. The firm is licensed by the Hong Kong SFC for Type 1, 4 and 9 activities and has 40+ professionals. VMS Group reports $4.0B in AUM as of March 31, 2025, and a broader ecosystem of $10.0B including strategic partners and 400 ecosystem investments.
The remaining offices are smaller by disclosed AUM. DL Family Office ($4B) provides end-to-end services to ultra-high-net-worth families in Greater China. Grandis Capital ($2B) reports roughly $2B in accumulated deployed capital across more than 80 investments, with holdings including ByteDance, Meituan and Kuaishou. Andon Hong Kong ($2B) is a single-family office associated with Andon Health and maintains a New York presence focused on hedge fund access. Sino-Rich Family Office ($1B), Blackhorn Wealth Management ($1B), ZhongYi Investment Managers ($500M) and Youxfort Family Office ($500M) round out the list.
The article notes that Dakota Marketplace covers a broader universe of smaller and emerging family offices and offers filtering by geography, AUM, asset class and direct investment team contacts. Readers should weigh the list accordingly: the figures are presented without independent verification, and the piece functions in part as a lead-generation resource for capital raisers targeting Asia-Pacific family offices.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.