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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALMACENES EXITO S A SPON ADS 02028M105   172,611 24,074 SH   SOLE   24,074 0 0
DLOCAL LTD CLASS A COM G29018101   212,280 12,000 SH   SOLE   12,000 0 0
ISHARES INC MSCI BRAZIL ETF 464286400   174,730 4,998 SH   SOLE   4,998 0 0
ISHARES INC MSCI BRAZIL ETF 464286400   108,376 3,100 SH Call SOLE   3,100 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408   1,034,856 64,800 SH   SOLE   64,800 0 0
VASTA PLATFORM LTD CL A G9440A109   9,430,732 2,116,887 SH   SOLE   2,116,887 0 0