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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
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
NAVIOS MARITIME PARTNERS L P COM UNIT LPI Y62267409   4,367,750 215,300 SH Call DFND 1 215,300 0 0
NAVIOS MARITIME PARTNERS L P COM UNIT LPI Y62267409   18,412,500 447,900 SH Put DFND 1 447,900 0 0
NAVIOS MARITIME PARTNERS L P COM UNIT LPI Y62267409   129,950,223 4,647,719 SH   DFND 1 4,647,719 0 0
NOBLE CORP PLC ORD SHS A G65431127   681,657 14,154 SH   DFND 1 14,154 0 0
TIDEWATER INC NEW COM 88642R109   1,100,000 200 SH Put DFND 1 200 0 0
TIDEWATER INC NEW COM 88642R109   123,881,447 1,717,951 SH   DFND 1 1,717,951 0 0