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

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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
SEA LTD SPONSORED ADS 81141R100 70,157 1,744,338 SH   DFND 01,02 0 1,744,338 0
STONECO LTD COM CL A G85158106 45,821 1,148,676 SH   DFND 01,02 0 1,148,676 0
ARCO PLATFORM LTD COM CL A G04553106 30,325 686,089 SH   DFND 01,02 0 686,089 0
ISHARES TR MSCI EMG MKT ETF 464287234 6,643 148,053 SH   DFND 01,02 0 148,053 0
HUAZHU GROUP LTD SPONSORED ADS 44332N106 51 1,276 SH   DFND 01,02 0 1,276 0