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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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ISHARES TR MSCI EMG MKT ETF 464287234 12,417 303,822 SH   DFND 01,02 0 303,822 0
STONECO LTD COM CL A G85158106 61,999 1,782,596 SH   DFND 01,02 0 1,782,596 0
SEA LTD SPONSORED ADS 81141R100 78,442 2,534,484 SH   DFND 01,02 0 2,534,484 0
HUAZHU GROUP LTD SPONSORED ADS 44332N106 57 1,730 SH   DFND 01,02 0 1,730 0