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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
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 65,056 7,025,500 SH   SOLE   7,025,500 0 0
MOODYS CORP COM 615369105 58,753 542,600 SH   SOLE   542,600 0 0
SANTANDER CONSUMER USA HDG I COM 80283M101 128,400 10,559,200 SH   SOLE   10,559,200 0 0
VISA INC COM CL A 92826C839 37,083 448,400 SH   SOLE   448,400 0 0