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
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 205,785 1,891,404 SH   SOLE   1,891,404 0 0
CDK GLOBAL INC COM 12508E101 54,796 1,125,633 SH   SOLE   762,805 362,828 0
COCA-COLA FEMSA SAB DE CV SPONSORD ADR REP 191241108 7,551 137,407 SH   SOLE   119 137,288 0
COMPANIA CERVECERIAS UNIDAS SPONSORED ADR 204429104 8,303 555,001 SH   SOLE   555,001 0 0
DIDI GLOBAL INC SPONSORED ADS 23292E108 651 260,560 SH   SOLE   260,560 0 0
HALLIBURTON CO COM 406216101 515 13,607 SH   SOLE   13,607 0 0
IAA INC COM 449253103 141,923 3,710,404 SH   SOLE   3,380,726 329,678 0
NEW ORIENTAL ED & TECHNOLOGY SPON ADR 647581107 15,189 13,207,692 SH   SOLE   11,357,292 1,850,400 0
SABRE CORP COM 78573M104 5,830 510,075 SH   SOLE   510,075 0 0
SCHLUMBERGER LTD COM 806857108 167,385 4,051,932 SH   SOLE   2,887,932 1,164,000 0
TAL EDUCATION GROUP SPONSORED ADS 874080104 15,887 5,277,992 SH   SOLE   4,297,892 980,100 0
TELECOM ARGENTINA S A SPON ADR REP B 879273209 4,014 667,890 SH   SOLE   667,890 0 0
TURKCELL ILETISIM HIZMETLERI SPON ADR NEW 900111204 2,502 643,069 SH   SOLE   643,069 0 0
UBER TECHNOLOGIES INC COM 90353T100 46,880 1,313,911 SH   SOLE   789,111 524,800 0
VISTRA CORP *W EXP 02/02/202 92840M128 11 62,325 SH   SOLE   62,325 0 0
WESTERN UN CO COM 959802109 106,468 5,681,336 SH   SOLE   4,604,236 1,077,100 0