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Fund aimed at Cuba investment grows

Reuters reports that CEIBA Investments, a closed-end fund that invests only in Cuba, plans to list on the London Stock Exchange (AIM) in June, a sign of growing interest in the socialist state since Fidel Castro was sidelined by illness.

The fund, registered in the Channel Islands, announced this week it raised its capital by $28 million to $137.3 million in a share placing, the news agendy added in a report from Havana.