CEIBA Investments Limited
A Guernsey-listed fund investing in Cuban hotels, wound down under Cuba General Licences 2 and 3.
Last refreshed: 26 July 2026 · Appears in 1 active topic
Why did a London-listed Cuba hotel fund get wound down by US licence?
Timeline for CEIBA Investments Limited
Licences wind down a Cuba hotel fund
Cuba DispatchBackground
OFAC issued Cuba General Licences 2 and 3 on 23 July 2026 to wind down CEIBA Investments Limited's Cuban holdings, alongside a separate licence permitting third-country embassies in Cuba to keep operating.
CEIBA is a Guernsey-registered closed-ended investment fund and, before the wind-down, Cuba's largest foreign investor in real estate, with a portfolio including modern commercial office space, a five-star hotel and three Varadero resorts next to the island's only 18-hole golf course. Its ordinary shares traded on the Specialist Fund Segment of the London Stock Exchange under the ticker CBA.
General licences function as release valves in a sanctions regime, letting a compliant foreign investor exit without being trapped by a blocking action aimed at Cuban state entities. The CEIBA wind-down follows the same pattern OFAC used for other Cuba-linked firms in July, giving counterparties a defined exit rather than an abrupt cut-off.