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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABACUS LIFE INC CL A 00258Y104   1,639,348 189,520 SH   SOLE 0 189,520 0 0
ABACUS LIFE INC CL A 00258Y104   523,152 60,480 SH   OTR 1 60,480 0 0
ACRES COMMERCIAL REALTY CORP COM NEW 00489Q102   972,478 76,213 SH   SOLE 0 76,213 0 0
ACRES COMMERCIAL REALTY CORP COM NEW 00489Q102   303,522 23,787 SH   OTR 1 23,787 0 0
ARCHER AVIATION INC COM CL A 03945R102   1,240,684 352,467 SH   SOLE 0 352,467 0 0
ARCHER AVIATION INC COM CL A 03945R102   386,443 109,785 SH   OTR 1 109,785 0 0
BEAZER HOMES USA INC COM NEW 07556Q881   3,986,222 145,059 SH   SOLE 0 145,059 0 0
BEAZER HOMES USA INC COM NEW 07556Q881   1,142,783 41,586 SH   OTR 1 41,586 0 0
BOYD GAMING CORP COM 103304101   5,148,489 93,439 SH   SOLE 0 93,439 0 0
BOYD GAMING CORP COM 103304101   1,724,575 31,299 SH   OTR 1 31,299 0 0
CATO CORP NEW CL A 149205106   1,357,046 244,954 SH   SOLE 0 244,954 0 0
CATO CORP NEW CL A 149205106   461,044 83,221 SH   OTR 1 83,221 0 0
FIRSTCASH HOLDINGS INC COM 33768G107   4,132,901 39,406 SH   SOLE 0 39,406 0 0
FIRSTCASH HOLDINGS INC COM 33768G107   1,325,264 12,636 SH   OTR 1 12,636 0 0
INSPIRED ENTMT INC COM 45782N108   3,466,020 378,800 SH Call SOLE 0 0 0 378,800
INSPIRED ENTMT INC COM 45782N108   1,108,980 121,200 SH Call OTR 1 0 0 121,200
ISHARES TR RUSSELL 2000 ETF 464287655   7,669,242 37,800 SH Put SOLE 0 0 0 37,800
ISHARES TR RUSSELL 2000 ETF 464287655   2,475,258 12,200 SH Put OTR 1 0 0 12,200
NAVIGATOR HLDGS LTD SHS Y62132108   4,365,000 250,000 SH   SOLE 0 250,000 0 0
NAVIOS MARITIME PARTNERS L P COM UNIT LPI Y62267409   5,178,881 101,487 SH   SOLE 0 101,487 0 0
NAVIOS MARITIME PARTNERS L P COM UNIT LPI Y62267409   1,310,706 25,685 SH   OTR 1 25,685 0 0
PROFICIENT AUTO LOGISTICS IN COM 74317M104   2,439,851 151,921 SH   SOLE 0 151,921 0 0
SCORPIO TANKERS INC SHS Y7542C130   2,160,282 26,575 SH   SOLE 0 26,575 0 0
SCORPIO TANKERS INC SHS Y7542C130   660,481 8,125 SH   OTR 1 8,125 0 0
TERRAN ORBITAL CORPORATION COM 88105P103   367,856 448,605 SH   SOLE 0 448,605 0 0
TERRAN ORBITAL CORPORATION COM 88105P103   122,258 149,095 SH   OTR 1 149,095 0 0
TPG RE FIN TR INC COM 87266M107   8,687,917 1,005,546 SH   SOLE 0 1,005,546 0 0
TPG RE FIN TR INC COM 87266M107   2,520,098 291,678 SH   OTR 1 291,678 0 0
TPG RE FIN TR INC COM 87266M107   6,579,360 761,500 SH Call SOLE 0 0 0 761,500
TPG RE FIN TR INC COM 87266M107   2,060,640 238,500 SH Call OTR 1 0 0 238,500
TSAKOS ENERGY NAVIGATION LTD SHS G9108L173   3,544,022 121,039 SH   SOLE 0 121,039 0 0
TSAKOS ENERGY NAVIGATION LTD SHS G9108L173   1,111,498 37,961 SH   OTR 1 37,961 0 0
XPONENTIAL FITNESS INC COM CL A 98422X101   6,139,598 393,564 SH   SOLE 0 393,564 0 0
XPONENTIAL FITNESS INC COM CL A 98422X101   1,934,447 124,003 SH   OTR 1 124,003 0 0
XPONENTIAL FITNESS INC COM CL A 98422X101   13,030,680 835,300 SH Call SOLE 0 0 0 835,300
XPONENTIAL FITNESS INC COM CL A 98422X101   4,129,320 264,700 SH Call OTR 1 0 0 264,700