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
AEROVIRONMENT INC. COM 008073108 15,793 595,734 SH   SOLE   595,734 0 0
AGRIUM INC COM 008916108 17,053 163,635 SH   SOLE   163,635 0 0
ARCOS DORADOS HOLDINGS INC. COM G0457F107 48,881 9,914,919 SH   SOLE   9,914,919 0 0
CARNIVAL CORP. COM 143658300 95,940 2,005,426 SH   SOLE   2,005,426 0 0
EBAY INC. COM 278642103 48,560 841,884 SH   SOLE   841,884 0 0
FTI CONSULTING INC. COM 302941109 97,700 2,608,115 SH   SOLE   2,608,115 0 0
GOOGLE INC. CLASS A COM 38259P508 20,585 37,111 SH   SOLE   37,111 0 0
GOOGLE INC. CLASS C COM 38259P706 20,337 37,111 SH   SOLE   37,111 0 0
GRIFOLS SA (ADR) COM 398438408 24,248 739,050 SH   SOLE   685,100 0 53,950
GRUPO TELEVISA SA COM 40049J206 71,014 2,151,286 SH   SOLE   2,092,445 0 58,841
HAEMONETICS CORPORATION COM 405024100 66,569 1,481,944 SH   SOLE   1,481,944 0 0
ICICI BANK LTD (ADR) COM 45104G104 45,356 4,377,980 SH   SOLE   4,232,730 0 145,250
II-VI INC. COM 902104108 33,769 1,829,282 SH   SOLE   1,829,282 0 0
MINDRAY MEDICAL INT`L COM 602675100 49,732 1,818,371 SH   SOLE   1,772,518 0 45,853
NIELSEN NV COM N63218106 21,849 490,228 SH   SOLE   490,228 0 0
ORACLE CORP COM 68389X105 90,154 2,089,310 SH   SOLE   2,089,310 0 0
GRUPO FINANCIERO SANTANDER MEXICO COM 40053C105 38,144 3,493,000 SH   SOLE   3,493,000 0 0
SYNOPSYS INC. COM 871607107 18,799 405,845 SH   SOLE   405,845 0 0