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
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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
AGRIUM INC COM 008916108 23,330 246,000 SH   SOLE   246,000 0 0
AeroVironment Inc. COM 008073108 14,709 539,769 SH   SOLE   539,769 0 0
Arcos Dorados Holdings Inc. COM G0457F107 51,719 9,559,834 SH   SOLE   9,559,834 0 0
Carnival Corp. COM 143658300 87,721 1,935,175 SH   SOLE   1,935,175 0 0
eBay Inc. COM 278642103 81,687 1,455,572 SH   SOLE   1,455,572 0 0
FTI Consulting Inc. COM 302941109 96,734 2,504,114 SH   SOLE   2,504,114 0 0
Google Inc. Class A COM 38259P508 19,693 37,111 SH   SOLE   37,111 0 0
Google Inc. Class C COM 38259P706 19,535 37,111 SH   SOLE   37,111 0 0
Grifols SA (ADR) COM 398438408 3,644 107,200 SH   SOLE   100,000 0 7,200
Grupo Televisa SA COM 40049J206 72,631 2,132,441 SH   SOLE   2,073,600 0 58,841
Haemonetics Corporation COM 405024100 55,454 1,481,944 SH   SOLE   1,481,944 0 0
ICICI BANK LTD (ADR) COM 45104G104 46,896 4,060,250 SH   SOLE   3,915,000 0 145,250
II-VI Inc. COM 902104108 41,117 3,012,265 SH   SOLE   3,012,265 0 0
Mindray Medical Int`l COM 602675100 47,825 1,811,571 SH   SOLE   1,765,718 0 45,853
Oracle Corp COM 68389X105 89,186 1,983,224 SH   SOLE   1,983,224 0 0
Grupo Financiero Santander M COM 40053C105 36,084 3,483,000 SH   SOLE   3,483,000 0 0
Synopsys Inc. COM 871607107 21,518 495,000 SH   SOLE   495,000 0 0