VANGUARD INTL EQUITY INDEX F

Ticker: VWO CUSIP: 922042858 Class: FTSE EMR MKT ETF

Alpine Global Management, LLC's Holding History (CIK: 0001581655)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016

Shares 437,060 Value ($000) $15,114 Avg Close — Range —

Q4 2015

Shares 921,679 Value ($000) $30,148 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	437,060	$15,114	—	—
Q4 2015	921,679	$30,148	—	—