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
ANTERO RES CORP COM 03674X106 3,709 105,000 SH   SOLE   105,000 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 38,890 1,000,000 SH Call SOLE   1,000,000 0 0
BOARDWALK PIPELINE PARTNERS UT LTD PARTNER 096627104 6,391 396,984 SH   SOLE   396,984 0 0
BOYD GAMING CORP COM 103304101 28,400 2,000,000 SH   SOLE   2,000,000 0 0
COLONY FINL INC COM 19624R106 1,555 60,000 SH   SOLE   60,000 0 0
COLONY FINL INC NOTE 3.875% 1/1 19624RAB2 59,781 55,000,000 PRN   SOLE   0 0 0
DISH NETWORK CORP CL A 25470M109 35,030 500,000 SH Call SOLE   500,000 0 0
DISH NETWORK CORP CL A 25470M109 25,222 360,000 SH   SOLE   360,000 0 0
GLOBALSTAR INC COM 378973408 24,508 7,359,842 SH   SOLE   7,359,842 0 0
KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 36,554 8,915,547 SH   SOLE   8,915,547 0 0
MARKET VECTORS ETF TR RUSSIA ETF 57060U506 17,030 1,000,000 SH Call SOLE   1,000,000 0 0
NEPTUNE TECHNOLOGIES BIORESO COM 64077P108 405 250,000 SH   SOLE   250,000 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 865,920 8,200,000 SH Call SOLE   8,200,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 82,572 400,000 SH Call SOLE   400,000 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 19,292 350,000 SH   SOLE   350,000 0 0