The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
EMPRESA NACIONAL DE ELCTRCID SPONSORED ADR 29244T101 13,295 358,744 SH   DFND 1 358,744 0 0
ENERSIS S A SPONSORED ADR 29274F104 27,834 2,290,841 SH   DFND 1 2,290,841 0 0
GRAN TIERRA ENERGY INC COM 38500T101 42,149 19,423,527 SH   DFND 1 19,423,527 0 0
NORTHERN DYNASTY MINERALS LT COM NEW 66510M204 183 602,982 SH   DFND 1 602,982 0 0
SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 8,154 428,922 SH   DFND 1 428,922 0 0