Industry pioneer and co-Founder of Under Canvas, the leading US glamping brand, Sarah Dusek, is returning to the sector with a $600 million investment fund.
The Quiver Tree Collection (named after an indigenous species from South Africa, where she is now based with her family) will acquire, launch and develop glamping/eco resorts around the world, driving impact in environmental and social responsibility.
Sarah and her husband Jacob sold Under Canvas in 2018 and Sarah then focused on Enygma Ventures the Venture Capital Fund, which invests in female founders and entrepreneurs in Southern Africa.
Sarah chose the recent Eco Resort Network event in Slovenia to announce the new Quiver Tree Collection and she is now actively looking for projects to invest in around the world.
“Our vision is to empower the glamping industry to protect wild spaces by launching the largest fund of its kind,” she told delegates over a live link from Africa.
“Our fund – the Quiver Tree Collection should be live later this summer – we are hoping to deploy over US$600m over the next three years with the vision to increase that capital to a billion dollars by the end of next year. I really believe the capital markets need to see that we can drive significant financial return as well as environmental and social impact in this space and that we can act with a long-term vision in mind. One other frustrating thing for me has been this idea of short-termism and thinking of the glamping industry as if we build something – who buys it and what happens to it – what’s the longevity of what we are doing and how do we use what we are doing to create bigger impacts and bigger platforms?”
“Quiver Tree will be the biggest fund of its kind and will invest in, acquire and develop outdoor hospitality concepts around the world with the focus on utilising that investment to really impact biodiversity, conservation, protecting wild spaces, rewilding spaces to increase habitat green spaces,” added Sarah.
Fuller interview to appear in our next issue.
