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
Expires: July 31, 2015
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
ALVOTECH SA COMMON STOCK L01800108 280,524 76,023 SH DFND 1,2 76,023 0 0
ANGLOGOLD ASHANTI PLC COMMON STOCK G0378L100 13,636,031 168,575 SH DFND 1,2 168,575 0 0
BARRICK MINING CORP COMMON STOCK 06849F108 8,910,697 242,600 SH DFND 1,2 242,600 0 0
BIOXCEL THERAPEUTICS INC COMMON STOCK 09075P204 346,274 245,585 SH DFND 1,2 245,585 0 0
EMBRAER SA COMMON STOCK 29082A107 1,968,612 30,856 SH DFND 1,2 30,856 0 0
FREEPORT-MCMORAN INC COMMON STOCK 35671D857 5,181,821 82,395 SH DFND 1,2 82,395 0 0
ITAU UNIBANCO HOLDING SA COMMON STOCK 465562106 6,841,174 837,352 SH DFND 1,2 837,352 0 0
MAKEMYTRIP LTD COMMON STOCK V5633W109 3,599,579 67,547 SH DFND 1,2 67,547 0 0
NN INC COMMON STOCK 629337106 1,809,216 503,960 SH DFND 1,2 503,960 0 0
PEBBLEBROOK HOTEL TRUST CONVERTIBLE BOND 70509VAA8 61,572 62,000 PRN DFND 1,2 62,000 0 0
SEA LTD COMMON STOCK 81141R100 4,046,900 42,230 SH DFND 1,2 42,230 0 0
TERNIUM SA COMMON STOCK 880890108 1,788,532 41,886 SH DFND 1,2 41,886 0 0
XP INC COMMON STOCK G98239109 3,566,126 219,319 SH DFND 1,2 219,319 0 0
YPF SA COMMON STOCK 984245100 5,768,415 126,862 SH DFND 1,2 126,862 0 0