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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
AMERICAN INTL GROUP INC COM NEW 026874784 3,574 60,000 SH   SOLE 60,000 0 0
APPLE INC COM 037833100 2,523 14,911 SH   SOLE 14,911 0 0
BANK AMER CORP COM 060505104 2,656 90,000 SH   SOLE 90,000 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101 3,129 174,420 SH   SOLE 174,420 0 0
CARLYLE GROUP L P COM UTS LTD PTN 14309L102 2,035 88,898 SH   SOLE 88,898 0 0
CHUBB LIMITED COM H1467J104 3,653 25,000 SH   SOLE 25,000 0 0
CISCO SYS INC COM 17275R102 659 17,220 SH   SOLE 17,220 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 3,245 153,300 SH   SOLE 153,300 0 0
GENERAL ELECTRIC CO COM 369604103 3,209 183,918 SH   SOLE 183,918 0 0
INTEL CORP COM 458140100 3,928 85,106 SH   SOLE 85,106 0 0
NOVARTIS A G SPONSORED ADR 66987V109 2,099 25,000 SH   SOLE 25,000 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 9,577 227,495 SH   SOLE 227,495 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 2,209 30,000 SH   SOLE 30,000 0 0
PFIZER INC COM 717081103 1,412 39,000 SH   SOLE 39,000 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 3,867 57,981 SH   SOLE 57,981 0 0
SOUTHWEST AIRLS CO COM 844741108 1,676 25,610 SH   SOLE 25,610 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 3,474 28,100 SH   SOLE 28,100 0 0
TOTAL S A SPONSORED ADR 89151E109 2,426 43,903 SH   SOLE 43,903 0 0