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
AMAZON COM INC COM 023135106 35,747 96,067 SH   SOLE   96,067 0 0
AMERICAN EXPRESS CO COM 025816109 35,947 460,148 SH   SOLE   460,148 0 0
APOLLO GLOBAL MGMT LLC CL A SHS 037612306 41,597 1,925,801 SH   SOLE   1,925,801 0 0
ARCOS DORADOS HOLDINGS INC SHS CLASS -A - G0457F107 74,221 15,054,946 SH   SOLE   15,054,946 0 0
BAIDU INC SPON ADR REP A 056752108 192,433 923,383 SH   SOLE   923,383 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,443 10,000 SH   SOLE   10,000 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 28,393 730,083 SH   SOLE   730,083 0 0
CARLYLE GROUP L P COM UTS LTD PTN 14309L102 9,034 333,375 SH   SOLE   333,375 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 70,565 1,131,028 SH   SOLE   1,131,028 0 0
COMCAST CORP NEW CL A 20030N101 24,087 426,546 SH   SOLE   426,546 0 0
COMPANHIA BRASILEIRA DE DIST SPN ADR PFD CL A 20440T201 129,055 4,327,805 SH   SOLE   4,327,805 0 0
CREDICORP LTD COM G2519Y108 110,081 782,768 SH   SOLE   782,768 0 0
DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 14,089 458,043 SH   SOLE   458,043 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 34,702 1,177,332 SH   SOLE   1,177,332 0 0
DOLLAR GEN CORP NEW COM 256677105 13,174 174,764 SH   SOLE   174,764 0 0
EBAY INC COM 278642103 38,576 668,787 SH   SOLE   668,787 0 0
EMBOTELLADORA ANDINA S A SPON ADR A 29081P204 762 60,262 SH   SOLE   60,262 0 0
FORTRESS INVESTMENT GROUP LL CL A 34958B106 45,427 5,629,119 SH   SOLE   5,629,119 0 0
GAP INC DEL COM 364760108 18,920 436,640 SH   SOLE   436,640 0 0
GOOGLE INC CL A 38259P508 41,903 75,542 SH   SOLE   75,542 0 0
JD COM INC SPON ADR CL A 47215P106 118,229 4,024,129 SH   SOLE   4,024,129 0 0
KKR & CO L P DEL COM UNITS 48248M102 48,822 2,140,375 SH   SOLE   2,140,375 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 4,180 229,162 SH   SOLE   229,162 0 0
MASTERCARD INC CL A 57636Q104 16,062 185,928 SH   SOLE   185,928 0 0
MELCO CROWN ENTMT LTD ADR 585464100 60,320 2,810,830 SH   SOLE   2,810,830 0 0
NETEASE INC SPONSORED ADR 64110W102 7,205 68,420 SH   SOLE   68,420 0 0
NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 38,728 1,746,852 SH   SOLE   1,746,852 0 0
PHOENIX NEW MEDIA LTD SPONSORED ADS 71910C103 19,461 3,432,209 SH   SOLE   3,432,209 0 0
PRICELINE GRP INC COM NEW 741503403 6,016 5,168 SH   SOLE   5,168 0 0
QUALCOMM INC COM 747525103 17,881 257,879 SH   SOLE   257,879 0 0
RALPH LAUREN CORP CL A 751212101 8,748 66,524 SH   SOLE   66,524 0 0
SOHU COM INC COM 83408W103 153,411 2,876,633 SH   SOLE   2,876,633 0 0
SOUFUN HLDGS LTD ADR 836034108 52,992 8,832,042 SH   SOLE   8,832,042 0 0
TATA MTRS LTD SPONSORED ADR 876568502 303,086 6,803,196 SH   SOLE   6,803,196 0 0
TIME WARNER CABLE INC COM 88732J207 8,938 59,635 SH   SOLE   59,635 0 0
TRIPADVISOR INC COM 896945201 16,991 204,292 SH   SOLE   204,292 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 12,217 361,026 SH   SOLE   361,026 0 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 26,324 800,607 SH   SOLE   800,607 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 13,033 153,908 SH   SOLE   153,908 0 0
YANDEX N V SHS CLASS A N97284108 26,897 1,773,628 SH   SOLE   1,773,628 0 0
YUM BRANDS INC COM 988498101 13,839 175,796 SH   SOLE   175,796 0 0