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
ASSURED GUARANTY LTD COM G0585R106 39,272 1,025,913 SH   SOLE   1,025,913 0 0
OI S A SPONSORED ADR NE 670851500 10,855 6,784,293 SH   SOLE   6,784,293 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 149,952 600,000 SH Put SOLE   600,000 0 0
UNITI GROUP INC COM 91325V108 1,373 88,200 SH Call SOLE   0 0 0