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
ADECOAGRO S A COM L00849106 2,510 941,076 SH   SOLE   941,076 0 0
DESPEGAR COM CORP ORD SHS G27358103 8,100 3,113,653 SH   SOLE   3,113,653 0 0
PETROLEO BRASILEIRO SA PETRO CALL 71654V908 11,680 650,000 SH Call SOLE   650,000 0 0
GRUPO TELEVISA S A B SPON ADR REP ORD 40049J206 8,180 591,915 SH   SOLE   591,915 0 0
CONTROLADORA VUELA COMP DE A SPON ADR RP 10 21240E105 10,270 1,066,329 SH   SOLE   1,066,329 0 0