Pamoja Capital today completed the acquisition of Dunk Island resort and Bedarra Island resort from the GPT Group.
Commenting on plans for the Islands, Managing Director of Pamoja Capital Australia, Rupert Greenhough, said:
“We are committed to delivering the high quality customer service experiences and outstanding holiday appeal that Dunk Island and Bedarra Island resorts are known for throughout both Australia and the world. Both Island destinations are an iconic part of north Queensland and we acknowledge their importance – in a cultural, environmental as well as an economic sense”
Pamoja Capital was founded in 2006 to manage the funds of Geneva-based philanthropic group, the McCall MacBain Foundation, and the McCall MacBain family. The McCall MacBain Foundation is a not-for-profit organization that supports a wide range of social and environmental initiatives primarily in the areas of education, healthcare and the environment, with a strong focus on Liberia and Sub-Saharan Africa. Pamoja means ‘togetherness’ in Swahili.
Pamoja Capital’s mandate is to make socially responsible investments that can provide an attractive long-term return to the McCall MacBain Foundation. Pamoja Capital undertakes investments across a broad range of themes and industries and focuses on direct investments in companies, real estate and forestry projects and sustainable and social enterprises.
Darren Cann, the newly appointed CEO who will oversee the management of the islands from a newly established head office in Cairns, said:
It is an exciting time for all involved, we plan to improve conference facilities, activities as well as upgrading of room types to ensure that Dunk Island continues to be a market leader. We are keen to be involved in a number of projects locally and work with the teams on both Islands to ensure that we continually improve and develop the customer experience.
Further information on Pamoja Capital and the McCall MacBain Foundation can be found on their websites: www.pamojacapital.com and www.mccallmacbain.org.
