<?xml version="1.0" encoding="us-ascii"?>
<informationTable xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://www.sec.gov/edgar/document/thirteenf/informationtable">
    <infoTable>
        <nameOfIssuer>1-800-FLOWERS.COM INC-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>68243Q106</cusip>
        <value>643800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>185000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>185000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>3D SYSTEMS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>88554D205</cusip>
        <value>151000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>50000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>3M CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>88579Y101</cusip>
        <value>2266740</value>
        <shrsOrPrnAmt>
            <sshPrnamt>14000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>14000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>7GC &amp; CO HOLDINGS CL A -CW26</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>06682J118</cusip>
        <value>120</value>
        <shrsOrPrnAmt>
            <sshPrnamt>12289</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>12289</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>A SPAC III ACQUISITION CORP RIGHTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G0544A145</cusip>
        <value>5816</value>
        <shrsOrPrnAmt>
            <sshPrnamt>71800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>71800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>A10 NETWORKS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>002121101</cusip>
        <value>373600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AAON INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>000360206</cusip>
        <value>634300</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AAR CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>000361105</cusip>
        <value>9835156</value>
        <shrsOrPrnAmt>
            <sshPrnamt>68811</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>68811</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ABBOTT LABORATORIES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>002824100</cusip>
        <value>4096911</value>
        <shrsOrPrnAmt>
            <sshPrnamt>45150</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>45150</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ABBVIE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>00287Y109</cusip>
        <value>13399830</value>
        <shrsOrPrnAmt>
            <sshPrnamt>53250</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>53250</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ABIVAX SA-ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>00370M103</cusip>
        <value>1332600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ABM INDUSTRIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>000957100</cusip>
        <value>7679445</value>
        <shrsOrPrnAmt>
            <sshPrnamt>173586</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>173586</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ACCURAY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>004397105</cusip>
        <value>11292</value>
        <shrsOrPrnAmt>
            <sshPrnamt>43800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>43800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ACUITY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>00508Y102</cusip>
        <value>3936097</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10450</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10450</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ADVANCE AUTO PARTS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>00751Y106</cusip>
        <value>8536584</value>
        <shrsOrPrnAmt>
            <sshPrnamt>137200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>137200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ADVANCED ENERGY INDUSTRIES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>007973100</cusip>
        <value>2610090</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ADVANCED MICRO DEVICES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>007903107</cusip>
        <value>38614830</value>
        <shrsOrPrnAmt>
            <sshPrnamt>66473</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>66473</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AEBI SCHMIDT HOLDING AG</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>H00501108</cusip>
        <value>614950</value>
        <shrsOrPrnAmt>
            <sshPrnamt>49000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>49000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AEON ACQUISITION I CORP</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>G0R30P136</cusip>
        <value>195940</value>
        <shrsOrPrnAmt>
            <sshPrnamt>19400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>19400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AES CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>00130H105</cusip>
        <value>74898673</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5109050</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5109050</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AFFILIATED MANAGERS GROUP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>008252108</cusip>
        <value>1966442</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5811</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5811</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AFFINITY BANCSHARES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>00832E103</cusip>
        <value>649456</value>
        <shrsOrPrnAmt>
            <sshPrnamt>28737</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>28737</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AGCO CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>001084102</cusip>
        <value>837900</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AGILENT TECHNOLOGIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>00846U101</cusip>
        <value>1767834</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13309</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13309</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AGNICO EAGLE MINES LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>008474108</cusip>
        <value>24332141</value>
        <shrsOrPrnAmt>
            <sshPrnamt>156850</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>156850</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AGRICULTURE &amp; NATURAL SOLUTI</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G0131Y100</cusip>
        <value>572142</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>50100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AGRICULTURE &amp; NATURAL SOLU-W</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>G0131Y118</cusip>
        <value>5038</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25050</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25050</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AI INFRASTRUCTURE AC-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G01336109</cusip>
        <value>1164174</value>
        <shrsOrPrnAmt>
            <sshPrnamt>113800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>113800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AI INFRASTRUCTURE ACQ RIGHTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G01336117</cusip>
        <value>23898</value>
        <shrsOrPrnAmt>
            <sshPrnamt>113800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>113800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AIFEEX/SHEPHERD AVE CAPITAL ACQ-RIGHTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G8089R118</cusip>
        <value>29991</value>
        <shrsOrPrnAmt>
            <sshPrnamt>146800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>146800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AIR PRODUCTS &amp; CHEMICALS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>009158106</cusip>
        <value>1008539</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3440</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3440</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AIRBNB INC-CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>009066101</cusip>
        <value>844290</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AKAMAI TECHNOLOGIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>00971T101</cusip>
        <value>236420</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AKAMAI TECHNOLOGIES INC 0.250 05/15/33 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>00971TAQ4</cusip>
        <value>7164094</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4900000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>4900000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALAMOS GOLD INC-CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>011532108</cusip>
        <value>20232988</value>
        <shrsOrPrnAmt>
            <sshPrnamt>666875</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>666875</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALBANY INTL CORP-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>012348108</cusip>
        <value>24895740</value>
        <shrsOrPrnAmt>
            <sshPrnamt>334171</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>334171</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALBEMARLE CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>012653101</cusip>
        <value>486108</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALBEMARLE CORP 7.250 03/01/27 CVT</nameOfIssuer>
        <titleOfClass>PREFERRED CONVER</titleOfClass>
        <cusip>012653200</cusip>
        <value>1245375</value>
        <shrsOrPrnAmt>
            <sshPrnamt>22500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>22500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALBERTSONS COS INC - CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>013091103</cusip>
        <value>432960</value>
        <shrsOrPrnAmt>
            <sshPrnamt>32000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>32000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALCON INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>H01301128</cusip>
        <value>1140700</value>
        <shrsOrPrnAmt>
            <sshPrnamt>17000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>17000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALERUS FINANCIAL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>01446U103</cusip>
        <value>4190321</value>
        <shrsOrPrnAmt>
            <sshPrnamt>134737</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>134737</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALGONQUIN POWER &amp; UTILITIES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>015857105</cusip>
        <value>12719687</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2170595</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2170595</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALIBABA GROUP HOLDING 0.500 06/01/31 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>01609WBG6</cusip>
        <value>7190314</value>
        <shrsOrPrnAmt>
            <sshPrnamt>6100000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>6100000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALIBABA GROUP HOLDING-SP ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>01609W102</cusip>
        <value>854222</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>8900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALIGN TECHNOLOGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>016255101</cusip>
        <value>1838394</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALIGNMENT HEALTHCARE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>01625V104</cusip>
        <value>595250</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALKERMES PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G01767105</cusip>
        <value>261975</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALLEGION PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G0176J109</cusip>
        <value>1573488</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>11200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALLIANCE RESOURCE PARTNERS</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>01877R108</cusip>
        <value>772156</value>
        <shrsOrPrnAmt>
            <sshPrnamt>32200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>32200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALLIANCEBERNSTEIN HOLDING LP</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>01881G106</cusip>
        <value>2113200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>60000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>60000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALLIANT ENERGY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>018802108</cusip>
        <value>27014213</value>
        <shrsOrPrnAmt>
            <sshPrnamt>354099</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>354099</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALLIENT INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>019330109</cusip>
        <value>7037324</value>
        <shrsOrPrnAmt>
            <sshPrnamt>68370</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>68370</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALLISON TRANSMISSION HOLDING</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>01973R101</cusip>
        <value>2081068</value>
        <shrsOrPrnAmt>
            <sshPrnamt>18459</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>18459</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALLY FINANCIAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>02005N100</cusip>
        <value>6752812</value>
        <shrsOrPrnAmt>
            <sshPrnamt>146960</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>146960</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALPHABET INC 6.250 05/15/29 SR:B CVT</nameOfIssuer>
        <titleOfClass>PREFERRED CONVER</titleOfClass>
        <cusip>02079K602</cusip>
        <value>8247188</value>
        <shrsOrPrnAmt>
            <sshPrnamt>163960</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>163960</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALPHABET INC-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>02079K305</cusip>
        <value>122963155</value>
        <shrsOrPrnAmt>
            <sshPrnamt>344078</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>344078</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALPHABET INC-CL C</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>02079K107</cusip>
        <value>136899122</value>
        <shrsOrPrnAmt>
            <sshPrnamt>387454</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>387454</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ALPINE INCOME PROPERTY TRUST</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>02083X103</cusip>
        <value>5017028</value>
        <shrsOrPrnAmt>
            <sshPrnamt>241668</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>241668</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMAZON.COM INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>023135106</cusip>
        <value>146406780</value>
        <shrsOrPrnAmt>
            <sshPrnamt>614277</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>614277</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMBARELLA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G037AX101</cusip>
        <value>909480</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMC GLOBAL MEDIA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>00164V103</cusip>
        <value>1272450</value>
        <shrsOrPrnAmt>
            <sshPrnamt>127500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>127500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMC NETWORKS INC 4.250 02/15/29 SR: CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>00164VAJ2</cusip>
        <value>635394</value>
        <shrsOrPrnAmt>
            <sshPrnamt>600000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>600000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMCOR PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G0250X149</cusip>
        <value>1896693</value>
        <shrsOrPrnAmt>
            <sshPrnamt>43753</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>43753</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMENTUM HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>023939101</cusip>
        <value>1576770</value>
        <shrsOrPrnAmt>
            <sshPrnamt>76283</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>76283</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMEREN CORPORATION</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>023608102</cusip>
        <value>54507888</value>
        <shrsOrPrnAmt>
            <sshPrnamt>482200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>482200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMERICA MOVIL SAB DE CV</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>02390A101</cusip>
        <value>7654055</value>
        <shrsOrPrnAmt>
            <sshPrnamt>294500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>294500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMERICAN EAGLE OUTFITTERS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>02553E106</cusip>
        <value>1032000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>60000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>60000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMERICAN ELECTRIC POWER</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>025537101</cusip>
        <value>80365614</value>
        <shrsOrPrnAmt>
            <sshPrnamt>587425</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>587425</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMERICAN EXPRESS CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>025816109</cusip>
        <value>145918344</value>
        <shrsOrPrnAmt>
            <sshPrnamt>431392</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>431392</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMERICAN INTERNATIONAL GROUP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>026874784</cusip>
        <value>4337646</value>
        <shrsOrPrnAmt>
            <sshPrnamt>58200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>58200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMERICAN OUTDOOR BRANDS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>02875D109</cusip>
        <value>834197</value>
        <shrsOrPrnAmt>
            <sshPrnamt>71056</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>71056</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMERICAN STATES WATER CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>029899101</cusip>
        <value>3883610</value>
        <shrsOrPrnAmt>
            <sshPrnamt>47000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>47000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMERICAN TOWER CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>03027X100</cusip>
        <value>19078805</value>
        <shrsOrPrnAmt>
            <sshPrnamt>116640</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>116640</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMERICAN VANGUARD CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>030371108</cusip>
        <value>77000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>27500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>27500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMERICAN WATER WORKS CO INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>030420103</cusip>
        <value>17171190</value>
        <shrsOrPrnAmt>
            <sshPrnamt>130500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>130500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMERICAS GOLD AND SILVER COR</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>03062D803</cusip>
        <value>9982800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2115000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2115000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMERIPRISE FINANCIAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>03076C106</cusip>
        <value>2412619</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5259</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5259</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMERIS BANCORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>03076K108</cusip>
        <value>1624680</value>
        <shrsOrPrnAmt>
            <sshPrnamt>18000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>18000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMETEK INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>031100100</cusip>
        <value>209982871</value>
        <shrsOrPrnAmt>
            <sshPrnamt>867913</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>867913</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMGEN INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>031162100</cusip>
        <value>20170084</value>
        <shrsOrPrnAmt>
            <sshPrnamt>55700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>55700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMPCO-PITTSBURGH CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>032037103</cusip>
        <value>12039070</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1391800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1391800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMPHENOL CORP-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>032095101</cusip>
        <value>34391392</value>
        <shrsOrPrnAmt>
            <sshPrnamt>195051</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>195051</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AMRIZE LTD USD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>H2927K103</cusip>
        <value>2773785</value>
        <shrsOrPrnAmt>
            <sshPrnamt>52041</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>52041</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ANALOG DEVICES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>032654105</cusip>
        <value>996102</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2508</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2508</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ANGI INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>00183L201</cusip>
        <value>130918</value>
        <shrsOrPrnAmt>
            <sshPrnamt>22003</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>22003</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ANGLOGOLD ASHANTI PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G0378L100</cusip>
        <value>33680412</value>
        <shrsOrPrnAmt>
            <sshPrnamt>416373</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>416373</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ANI PHARMACEUTICALS INC 2.250 09/01/29 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>00182CAC7</cusip>
        <value>6569949</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5050000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5050000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ANTERIX INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>03676C100</cusip>
        <value>28668790</value>
        <shrsOrPrnAmt>
            <sshPrnamt>278500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>278500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AON PLC-CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G0403H108</cusip>
        <value>2282027</value>
        <shrsOrPrnAmt>
            <sshPrnamt>6880</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>6880</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>APA CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>03743Q108</cusip>
        <value>7500871</value>
        <shrsOrPrnAmt>
            <sshPrnamt>230300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>230300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>APARTMENT INVT &amp; MGMT CO -A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>03748R747</cusip>
        <value>671282</value>
        <shrsOrPrnAmt>
            <sshPrnamt>226021</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>226021</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>APEX TECH ACQUISITION INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G0R21F105</cusip>
        <value>159200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>16000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>APEX TECH ACQUISITION INC-RIGHTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G0R21F113</cusip>
        <value>3520</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>16000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>API GROUP CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>00187Y100</cusip>
        <value>3747975</value>
        <shrsOrPrnAmt>
            <sshPrnamt>88500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>88500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>APOGEE ACQUISITION CORP-UNITS</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>G04126127</cusip>
        <value>851326</value>
        <shrsOrPrnAmt>
            <sshPrnamt>83300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>83300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>APOGEE ENTERPRISES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>037598109</cusip>
        <value>5820003</value>
        <shrsOrPrnAmt>
            <sshPrnamt>127241</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>127241</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>APOGEE THERAPEUTICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>03770N101</cusip>
        <value>16894007</value>
        <shrsOrPrnAmt>
            <sshPrnamt>127281</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>127281</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>APOLLO GLOBAL MANAGEMENT INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>03769M106</cusip>
        <value>5183871</value>
        <shrsOrPrnAmt>
            <sshPrnamt>43816</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>43816</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>APPLE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>037833100</cusip>
        <value>111281201</value>
        <shrsOrPrnAmt>
            <sshPrnamt>384577</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>384577</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>APPLIED DIGITAL CORP 2.750 06/01/30 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>038169AB4</cusip>
        <value>7390917</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1850000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1850000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>APPLIED MATERIALS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>038222105</cusip>
        <value>50826900</value>
        <shrsOrPrnAmt>
            <sshPrnamt>70300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>70300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>APTIV PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G3265R107</cusip>
        <value>3963491</value>
        <shrsOrPrnAmt>
            <sshPrnamt>64573</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>64573</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ARC GROUP ACQUISITION I CORP-UNIT</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>G24498100</cusip>
        <value>111800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10950</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10950</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ARCHER-DANIELS-MIDLAND CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>039483102</cusip>
        <value>14011760</value>
        <shrsOrPrnAmt>
            <sshPrnamt>183400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>183400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ARCOSA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>039653100</cusip>
        <value>26438131</value>
        <shrsOrPrnAmt>
            <sshPrnamt>181968</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>181968</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ARDAGH METAL PACKAGING SA</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>L02235106</cusip>
        <value>4905180</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1034848</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1034848</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ARISTA NETWORKS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>040413205</cusip>
        <value>21462639</value>
        <shrsOrPrnAmt>
            <sshPrnamt>126340</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>126340</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ARKO CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>041242108</cusip>
        <value>963600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>120000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>120000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ARKO PETROLEUM CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>04124A100</cusip>
        <value>754000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>40000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>40000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ARLO TECHNOLOGIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>04206A101</cusip>
        <value>2918824</value>
        <shrsOrPrnAmt>
            <sshPrnamt>216530</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>216530</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ARQ INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>00770C101</cusip>
        <value>132600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>52000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>52000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ARRAY DIGITAL INFRASTRUCTURE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>911684108</cusip>
        <value>19767139</value>
        <shrsOrPrnAmt>
            <sshPrnamt>545150</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>545150</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ARTESIAN RESOURCES CORP-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>043113208</cusip>
        <value>1587333</value>
        <shrsOrPrnAmt>
            <sshPrnamt>46700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>46700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ARTHUR J GALLAGHER &amp; CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>363576109</cusip>
        <value>638893</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2783</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2783</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ASHLAND INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>044186104</cusip>
        <value>3472403</value>
        <shrsOrPrnAmt>
            <sshPrnamt>52700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>52700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ASML HOLDING NV-NY REG SHS</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>N07059210</cusip>
        <value>62382870</value>
        <shrsOrPrnAmt>
            <sshPrnamt>31357</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>31357</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ASTEC INDUSTRIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>046224101</cusip>
        <value>29120321</value>
        <shrsOrPrnAmt>
            <sshPrnamt>475900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>475900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ASTRAZENECA PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G0593M107</cusip>
        <value>2967553</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15650</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15650</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ASTRONICS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>046433108</cusip>
        <value>3251619</value>
        <shrsOrPrnAmt>
            <sshPrnamt>40015</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>40015</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ASTRONOVA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>04638F108</cusip>
        <value>4735985</value>
        <shrsOrPrnAmt>
            <sshPrnamt>166350</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>166350</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AT&amp;T INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>00206R102</cusip>
        <value>7632090</value>
        <shrsOrPrnAmt>
            <sshPrnamt>368700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>368700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ATI INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>01741R102</cusip>
        <value>3267721</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16579</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>16579</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ATLANTA BRAVES HLDS A IN-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>047726104</cusip>
        <value>51654965</value>
        <shrsOrPrnAmt>
            <sshPrnamt>917332</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>917332</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ATLANTA BRAVES HLDS C IN-C</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>047726302</cusip>
        <value>66367021</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1278748</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1278748</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ATLANTIC UNION BANKSHARES CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>04911A107</cusip>
        <value>5719931</value>
        <shrsOrPrnAmt>
            <sshPrnamt>135191</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>135191</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ATMOS ENERGY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>049560105</cusip>
        <value>16012497</value>
        <shrsOrPrnAmt>
            <sshPrnamt>92950</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>92950</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ATMUS FILTRATION TECHNOLOGIE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>04956D107</cusip>
        <value>1963115</value>
        <shrsOrPrnAmt>
            <sshPrnamt>38500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>38500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ATN INTERNATIONAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>00215F107</cusip>
        <value>2903304</value>
        <shrsOrPrnAmt>
            <sshPrnamt>109600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>109600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AURA MINERALS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G06973112</cusip>
        <value>2832750</value>
        <shrsOrPrnAmt>
            <sshPrnamt>45000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>45000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AURORA INNOVATION INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>051774107</cusip>
        <value>103569</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15186</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15186</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AUTOLIV INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>052800109</cusip>
        <value>1333051</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11475</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>11475</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AUTOMATIC DATA PROCESSING</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>053015103</cusip>
        <value>1164540</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AUTONATION INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>05329W102</cusip>
        <value>43354097</value>
        <shrsOrPrnAmt>
            <sshPrnamt>233350</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>233350</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AUTOZONE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>053332102</cusip>
        <value>5752692</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AVALONBAY COMMUNITIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>053484101</cusip>
        <value>943450</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AVANOS MEDICAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>05350V106</cusip>
        <value>6244880</value>
        <shrsOrPrnAmt>
            <sshPrnamt>251000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>251000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AVANTOR INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>05352A100</cusip>
        <value>851400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>86000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>86000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AVIENT CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>05368V106</cusip>
        <value>739200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AVISTA CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>05379B107</cusip>
        <value>20137620</value>
        <shrsOrPrnAmt>
            <sshPrnamt>492242</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>492242</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AVITA MEDICAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>05380C102</cusip>
        <value>61950</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AXALTA COATING SYSTEMS LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G0750C108</cusip>
        <value>403796</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>11800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AXIS CAPITAL HOLDINGS LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G0692U109</cusip>
        <value>2336820</value>
        <shrsOrPrnAmt>
            <sshPrnamt>21750</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>21750</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AXOGEN INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>05463X106</cusip>
        <value>2101645</value>
        <shrsOrPrnAmt>
            <sshPrnamt>45500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>45500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AXSOME THERAPEUTICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>05464T104</cusip>
        <value>244770</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>AZZ INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>002474104</cusip>
        <value>25935214</value>
        <shrsOrPrnAmt>
            <sshPrnamt>167270</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>167270</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BACKBLAZE INC-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>05637B105</cusip>
        <value>158917</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10020</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10020</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BADGER METER INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>056525108</cusip>
        <value>15420688</value>
        <shrsOrPrnAmt>
            <sshPrnamt>103927</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>103927</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BAKER HUGHES CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>05722G100</cusip>
        <value>14479950</value>
        <shrsOrPrnAmt>
            <sshPrnamt>260900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>260900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BANC OF CALIFORNIA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>05990K106</cusip>
        <value>1430100</value>
        <shrsOrPrnAmt>
            <sshPrnamt>70000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>70000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BANCO SANTANDER SA-SPON ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>05964H105</cusip>
        <value>1035000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>75000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>75000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BANK OF AMERICA CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>060505104</cusip>
        <value>14833603</value>
        <shrsOrPrnAmt>
            <sshPrnamt>260330</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>260330</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BANK OF NEW YORK MELLON CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>064058100</cusip>
        <value>167213555</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1156307</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1156307</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BARRICK MINING CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>06849F108</cusip>
        <value>37661656</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1025365</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1025365</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BASSETT FURNITURE INDS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>070203104</cusip>
        <value>3304780</value>
        <shrsOrPrnAmt>
            <sshPrnamt>186500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>186500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BATH &amp; BODY WORKS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>070830104</cusip>
        <value>1114080</value>
        <shrsOrPrnAmt>
            <sshPrnamt>48166</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>48166</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BAUSCH LOMB CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>071705107</cusip>
        <value>4711320</value>
        <shrsOrPrnAmt>
            <sshPrnamt>284500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>284500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BAUSCH HEALTH COS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>071734107</cusip>
        <value>241570</value>
        <shrsOrPrnAmt>
            <sshPrnamt>49000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>49000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BAXTER INTERNATIONAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>071813109</cusip>
        <value>10734620</value>
        <shrsOrPrnAmt>
            <sshPrnamt>503500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>503500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BBB FOODS INC-CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G0896C103</cusip>
        <value>2875230</value>
        <shrsOrPrnAmt>
            <sshPrnamt>69000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>69000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BCE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>05534B760</cusip>
        <value>16433640</value>
        <shrsOrPrnAmt>
            <sshPrnamt>764000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>764000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BEASLEY BROADCAST GRP INC -A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>074014200</cusip>
        <value>493500</value>
        <shrsOrPrnAmt>
            <sshPrnamt>18800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>18800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BECTON DICKINSON AND CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>075887109</cusip>
        <value>6804553</value>
        <shrsOrPrnAmt>
            <sshPrnamt>44965</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>44965</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BEL FUSE INC-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>077347201</cusip>
        <value>18434859</value>
        <shrsOrPrnAmt>
            <sshPrnamt>63300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>63300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BELDEN INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>077454106</cusip>
        <value>5371968</value>
        <shrsOrPrnAmt>
            <sshPrnamt>44800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>44800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BELLRING BRANDS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>07831C103</cusip>
        <value>7986892</value>
        <shrsOrPrnAmt>
            <sshPrnamt>617225</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>617225</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BERKSHIRE HATHAWAY INC-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>084670108</cusip>
        <value>95852800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>128</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>128</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BERKSHIRE HATHAWAY INC-CL B</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>084670702</cusip>
        <value>27044078</value>
        <shrsOrPrnAmt>
            <sshPrnamt>54046</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>54046</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BHP GROUP LTD-SPON ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>088606108</cusip>
        <value>34032135</value>
        <shrsOrPrnAmt>
            <sshPrnamt>408500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>408500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BIGLARI HOLDINGS INC-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>08986R408</cusip>
        <value>3283301</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1560</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1560</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BIOCRYST PHARMACEUTICALS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>09058V103</cusip>
        <value>147200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>14720</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>14720</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BIOGEN INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>09062X103</cusip>
        <value>3046446</value>
        <shrsOrPrnAmt>
            <sshPrnamt>14100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>14100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BIOMARIN PHARMACEUTICAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>09061G101</cusip>
        <value>989906</value>
        <shrsOrPrnAmt>
            <sshPrnamt>17300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>17300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BIOMOTION SCIENCES-CW29</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>G1281K114</cusip>
        <value>927</value>
        <shrsOrPrnAmt>
            <sshPrnamt>30496</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>30496</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BIO-RAD LABORATORIES-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>090572207</cusip>
        <value>7604499</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BIO-TECHNE CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>09073M104</cusip>
        <value>13374045</value>
        <shrsOrPrnAmt>
            <sshPrnamt>189300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>189300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BLACK HILLS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>092113109</cusip>
        <value>38611740</value>
        <shrsOrPrnAmt>
            <sshPrnamt>518975</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>518975</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BLACKROCK INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>09290D101</cusip>
        <value>14086854</value>
        <shrsOrPrnAmt>
            <sshPrnamt>14650</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>14650</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BLACKSTONE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>09260D107</cusip>
        <value>18471837</value>
        <shrsOrPrnAmt>
            <sshPrnamt>156980</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>156980</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BLACKSTONE MORTGAGE TRU-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>09257W100</cusip>
        <value>3135750</value>
        <shrsOrPrnAmt>
            <sshPrnamt>185000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>185000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BLUE BIRD CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>095306106</cusip>
        <value>1892040</value>
        <shrsOrPrnAmt>
            <sshPrnamt>23962</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>23962</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BLUEPORT ACQUISITION LTD</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>G1196A128</cusip>
        <value>1006744</value>
        <shrsOrPrnAmt>
            <sshPrnamt>97364</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>97364</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BOEING CO/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>097023105</cusip>
        <value>37314449</value>
        <shrsOrPrnAmt>
            <sshPrnamt>172377</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>172377</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BOEING CO/THE 6.000 10/15/27 CVT</nameOfIssuer>
        <titleOfClass>PREFERRED CONVER</titleOfClass>
        <cusip>097023204</cusip>
        <value>4446175</value>
        <shrsOrPrnAmt>
            <sshPrnamt>66065</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>66065</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BOOKING HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>09857L108</cusip>
        <value>1604160</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>9000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BORGWARNER INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>099724106</cusip>
        <value>18094000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>272500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>272500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BOSTON BEER COMPANY INC-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>100557107</cusip>
        <value>7506072</value>
        <shrsOrPrnAmt>
            <sshPrnamt>42400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>42400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BOSTON SCIENTIFIC CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>101137107</cusip>
        <value>3501894</value>
        <shrsOrPrnAmt>
            <sshPrnamt>82050</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>82050</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BOYD GAMING CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>103304101</cusip>
        <value>7412654</value>
        <shrsOrPrnAmt>
            <sshPrnamt>83920</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>83920</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BP PLC-SPONS ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>055622104</cusip>
        <value>13379595</value>
        <shrsOrPrnAmt>
            <sshPrnamt>362100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>362100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BREEZE ACQUISITION C- RIGHTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G13227114</cusip>
        <value>22113</value>
        <shrsOrPrnAmt>
            <sshPrnamt>85050</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>85050</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BREEZE ACQUISITION COR -ORD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G13227106</cusip>
        <value>842846</value>
        <shrsOrPrnAmt>
            <sshPrnamt>85050</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>85050</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BRIDGEBIO PHARMA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>10806X102</cusip>
        <value>4863544</value>
        <shrsOrPrnAmt>
            <sshPrnamt>65300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>65300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BRIDGEBIO PHARMA INC 1.750 03/01/31 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>10806XAJ1</cusip>
        <value>10188805</value>
        <shrsOrPrnAmt>
            <sshPrnamt>6050000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>6050000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BRIGHTHOUSE FINANCIAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>10922N103</cusip>
        <value>5359231</value>
        <shrsOrPrnAmt>
            <sshPrnamt>84664</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>84664</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BRIGHTSPRING HEALTH SERV 6.750 02/01/27 CVT</nameOfIssuer>
        <titleOfClass>PREFERRED CONVER</titleOfClass>
        <cusip>10950A205</cusip>
        <value>9066420</value>
        <shrsOrPrnAmt>
            <sshPrnamt>39600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>39600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BRIGHTSPRING HEALTH SERVICES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>10950A106</cusip>
        <value>924055</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13250</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13250</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BRIGHTSTAR LOTTERY PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G4863A108</cusip>
        <value>5534372</value>
        <shrsOrPrnAmt>
            <sshPrnamt>516266</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>516266</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BRINK'S CO/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>109696104</cusip>
        <value>1507116</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15950</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15950</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BRISTOL-MYERS SQUIBB CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>110122108</cusip>
        <value>14796240</value>
        <shrsOrPrnAmt>
            <sshPrnamt>256790</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>256790</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BRITISH AMERICAN TOB-SP ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>110448107</cusip>
        <value>4693760</value>
        <shrsOrPrnAmt>
            <sshPrnamt>76000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>76000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BRIXMOR PROPERTY GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>11120U105</cusip>
        <value>1735159</value>
        <shrsOrPrnAmt>
            <sshPrnamt>55032</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>55032</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BROADCOM INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>11135F101</cusip>
        <value>103948112</value>
        <shrsOrPrnAmt>
            <sshPrnamt>275177</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>275177</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BROOKFIELD ASSET MGMT-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>113004105</cusip>
        <value>705221</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15724</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15724</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BROOKFIELD CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>11271J107</cusip>
        <value>3820323</value>
        <shrsOrPrnAmt>
            <sshPrnamt>89700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>89700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BROOKFIELD RENEWABLE CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>11285B108</cusip>
        <value>725696</value>
        <shrsOrPrnAmt>
            <sshPrnamt>19550</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>19550</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BROWN-FORMAN CORP-CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>115637100</cusip>
        <value>24654096</value>
        <shrsOrPrnAmt>
            <sshPrnamt>901100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>901100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BRUKER CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>116794108</cusip>
        <value>752250</value>
        <shrsOrPrnAmt>
            <sshPrnamt>12500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>12500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BRUNSWICK CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>117043109</cusip>
        <value>10646335</value>
        <shrsOrPrnAmt>
            <sshPrnamt>126381</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>126381</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BUNGE GLOBAL SA</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>H11356104</cusip>
        <value>1600950</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>BWX TECHNOLOGIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>05605H100</cusip>
        <value>200879</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1032</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1032</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CACTUS INC - A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>127203107</cusip>
        <value>3796092</value>
        <shrsOrPrnAmt>
            <sshPrnamt>74099</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>74099</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CADENCE DESIGN SYS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>127387108</cusip>
        <value>15686124</value>
        <shrsOrPrnAmt>
            <sshPrnamt>41794</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>41794</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CADIZ INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>127537207</cusip>
        <value>41800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CADRE HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>12763L105</cusip>
        <value>461948</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16203</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>16203</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CAE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>124765108</cusip>
        <value>995458</value>
        <shrsOrPrnAmt>
            <sshPrnamt>39723</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>39723</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CAESARS ENTERTAINMENT INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>12769G100</cusip>
        <value>13119246</value>
        <shrsOrPrnAmt>
            <sshPrnamt>434700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>434700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CALIFORNIA WATER SERVICE GRP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>130788102</cusip>
        <value>6863931</value>
        <shrsOrPrnAmt>
            <sshPrnamt>141088</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>141088</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CAMECO CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>13321L108</cusip>
        <value>36556739</value>
        <shrsOrPrnAmt>
            <sshPrnamt>358892</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>358892</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CANADIAN PACIFIC KANSAS CITY</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>13646K108</cusip>
        <value>3365486</value>
        <shrsOrPrnAmt>
            <sshPrnamt>38840</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>38840</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CANNAE HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>13765N107</cusip>
        <value>3575534</value>
        <shrsOrPrnAmt>
            <sshPrnamt>248301</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>248301</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CANTERBURY PARK HOLDING CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>13811E101</cusip>
        <value>3073200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>195000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>0</Shared>
            <None>195000</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CANTOR EQUITY PARTNERS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G1827P106</cusip>
        <value>159698</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>11900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CANTOR EQUITY PARTNERS-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G1828E100</cusip>
        <value>592800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>57000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>57000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CAPITAL ONE FINANCIAL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>14040H105</cusip>
        <value>9522228</value>
        <shrsOrPrnAmt>
            <sshPrnamt>47464</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>47464</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CAPITOL FEDERAL FINANCIAL IN</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>14057J101</cusip>
        <value>104673</value>
        <shrsOrPrnAmt>
            <sshPrnamt>12300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>12300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CARDINAL HEALTH INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>14149Y108</cusip>
        <value>712680</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CARETRUST REIT INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>14174T107</cusip>
        <value>7319772</value>
        <shrsOrPrnAmt>
            <sshPrnamt>181407</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>181407</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CARMAX INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>143130102</cusip>
        <value>6008304</value>
        <shrsOrPrnAmt>
            <sshPrnamt>113600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>113600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CARPENTER TECHNOLOGY</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>144285103</cusip>
        <value>6782156</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10995</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10995</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CARRIER GLOBAL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>14448C104</cusip>
        <value>4193420</value>
        <shrsOrPrnAmt>
            <sshPrnamt>57170</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>57170</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CARTESIAN GROWTH CORP III - WARRANTS</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>30347G111</cusip>
        <value>125570</value>
        <shrsOrPrnAmt>
            <sshPrnamt>92331</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>92331</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CARTESIAN GROWTH CORP IV</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>G19316127</cusip>
        <value>937000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>93700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>93700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CASEY'S GENERAL STORES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>147528103</cusip>
        <value>6206515</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7809</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7809</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CASS INFORMATION SYSTEMS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>14808P109</cusip>
        <value>3561505</value>
        <shrsOrPrnAmt>
            <sshPrnamt>69398</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>69398</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CATALYST PHARMACEUTICALS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>14888U101</cusip>
        <value>8415383</value>
        <shrsOrPrnAmt>
            <sshPrnamt>267750</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>267750</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CATERPILLAR INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>149123101</cusip>
        <value>102424212</value>
        <shrsOrPrnAmt>
            <sshPrnamt>96182</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>96182</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CAVCO INDUSTRIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>149568107</cusip>
        <value>29969456</value>
        <shrsOrPrnAmt>
            <sshPrnamt>48780</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>48780</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CELCUITY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>15102K100</cusip>
        <value>209240</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CELCUITY INC 0.250 08/01/32 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>15102KAB6</cusip>
        <value>1053307</value>
        <shrsOrPrnAmt>
            <sshPrnamt>925000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>925000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CENCORA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>03073E105</cusip>
        <value>7614992</value>
        <shrsOrPrnAmt>
            <sshPrnamt>26910</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>26910</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CENTERPOINT ENERGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>15189T107</cusip>
        <value>6010139</value>
        <shrsOrPrnAmt>
            <sshPrnamt>136470</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>136470</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CENTRAL AND EASTERN EUROPE F</nameOfIssuer>
        <titleOfClass>EXCHANGE TRADED</titleOfClass>
        <cusip>153436100</cusip>
        <value>2373525</value>
        <shrsOrPrnAmt>
            <sshPrnamt>115500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>115500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CF INDUSTRIES HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>125269100</cusip>
        <value>2149502</value>
        <shrsOrPrnAmt>
            <sshPrnamt>19855</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>19855</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHAMPION HOMES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>830830105</cusip>
        <value>13627758</value>
        <shrsOrPrnAmt>
            <sshPrnamt>154650</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>154650</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHARLES RIVER LABORATORIES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>159864107</cusip>
        <value>385543</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHART INDUSTRIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>16115Q308</cusip>
        <value>49642890</value>
        <shrsOrPrnAmt>
            <sshPrnamt>237594</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>237594</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHARTER COMMUNICATIONS INC-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>16119P108</cusip>
        <value>3740123</value>
        <shrsOrPrnAmt>
            <sshPrnamt>26300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>26300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHECK POINT SOFTWARE TECH</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>M22465104</cusip>
        <value>2074360</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15783</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15783</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHEESECAKE FACTORY INC/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>163072101</cusip>
        <value>1034020</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHEMED CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>16359R103</cusip>
        <value>14233014</value>
        <shrsOrPrnAmt>
            <sshPrnamt>30560</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>30560</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHENIERE ENERGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>16411R208</cusip>
        <value>1746207</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7306</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7306</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHESAPEAKE UTILITIES CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>165303108</cusip>
        <value>6124000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>50000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHEVRON CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>166764100</cusip>
        <value>70433413</value>
        <shrsOrPrnAmt>
            <sshPrnamt>424912</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>424912</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHIRON REAL ESTATE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>37954A303</cusip>
        <value>3820774</value>
        <shrsOrPrnAmt>
            <sshPrnamt>101833</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>101833</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHORD ENERGY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>674215207</cusip>
        <value>2452764</value>
        <shrsOrPrnAmt>
            <sshPrnamt>21459</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>21459</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHUBB LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>H1467J104</cusip>
        <value>6512223</value>
        <shrsOrPrnAmt>
            <sshPrnamt>19112</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>19112</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHURCH &amp; DWIGHT CO INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>171340102</cusip>
        <value>13892592</value>
        <shrsOrPrnAmt>
            <sshPrnamt>143400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>143400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHURCHILL CAPITAL CORP IX</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G21301109</cusip>
        <value>2454062</value>
        <shrsOrPrnAmt>
            <sshPrnamt>225350</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>225350</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHURCHILL CAPITAL CORP IX WARRANTS</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>G21301117</cusip>
        <value>11542</value>
        <shrsOrPrnAmt>
            <sshPrnamt>14797</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>14797</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHURCHILL CAPITAL CORP XII</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>G2131M128</cusip>
        <value>494640</value>
        <shrsOrPrnAmt>
            <sshPrnamt>45800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>45800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHURCHILL CAPITAL CORP XI-WARRANTS</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>G2131A116</cusip>
        <value>121820</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16440</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>16440</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHURCHILL CAPITAL CORP-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G2131A108</cusip>
        <value>1842720</value>
        <shrsOrPrnAmt>
            <sshPrnamt>105600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>105600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CHURCHILL DOWNS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>171484108</cusip>
        <value>13316560</value>
        <shrsOrPrnAmt>
            <sshPrnamt>148556</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>148556</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CIA DE MINAS BUENAVENTUR-ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>204448104</cusip>
        <value>878700</value>
        <shrsOrPrnAmt>
            <sshPrnamt>30000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>30000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CINEMARK HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>17243V102</cusip>
        <value>3232208</value>
        <shrsOrPrnAmt>
            <sshPrnamt>101866</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>101866</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CIPHER DIGITAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>17253J106</cusip>
        <value>208250</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>8500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CIRCLE INTERNET GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>172573107</cusip>
        <value>1565750</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CISCO SYSTEMS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>17275R102</cusip>
        <value>4060005</value>
        <shrsOrPrnAmt>
            <sshPrnamt>34565</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>34565</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CITIGROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>172967424</cusip>
        <value>33223705</value>
        <shrsOrPrnAmt>
            <sshPrnamt>237380</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>237380</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CLARUS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>18270P109</cusip>
        <value>236250</value>
        <shrsOrPrnAmt>
            <sshPrnamt>75000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>75000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CLEAR CHANNEL OUTDOOR HOLDIN</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>18453H106</cusip>
        <value>7258396</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2999337</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2999337</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CLEARWAY ENERGY INC-C</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>18539C204</cusip>
        <value>458012</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CLEVELAND-CLIFFS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>185899101</cusip>
        <value>262920</value>
        <shrsOrPrnAmt>
            <sshPrnamt>28000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>28000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CMS ENERGY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>125896100</cusip>
        <value>14492313</value>
        <shrsOrPrnAmt>
            <sshPrnamt>189442</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>189442</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CMS ENERGY CORP 3.375 05/01/28 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>125896BX7</cusip>
        <value>5699301</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5100000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5100000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CNH INDUSTRIAL NV</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>N20944109</cusip>
        <value>79686238</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7095836</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7095836</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CNX RESOURCES CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>12653C108</cusip>
        <value>1119690</value>
        <shrsOrPrnAmt>
            <sshPrnamt>33000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>33000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COCA-COLA CO/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>191216100</cusip>
        <value>23539043</value>
        <shrsOrPrnAmt>
            <sshPrnamt>289640</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>289640</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COCA-COLA EUROPACIFIC PARTNE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G25839104</cusip>
        <value>4092863</value>
        <shrsOrPrnAmt>
            <sshPrnamt>40900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>40900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COCA-COLA FEMSA SAB-SP ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>191241108</cusip>
        <value>1030625</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>9700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COEUR MINING INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>192108504</cusip>
        <value>408000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COGNITION THERAPEUTICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>19243B102</cusip>
        <value>34500</value>
        <shrsOrPrnAmt>
            <sshPrnamt>30000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>30000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COHEN &amp; STEERS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>19247A100</cusip>
        <value>15218254</value>
        <shrsOrPrnAmt>
            <sshPrnamt>199872</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>199872</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COHEN CIRCLE ACQ II -WARRANTS</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>G2254C113</cusip>
        <value>14387</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20260</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20260</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COHEN CIRCLE ACQUISIT II - A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G2254C121</cusip>
        <value>834722</value>
        <shrsOrPrnAmt>
            <sshPrnamt>81041</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>81041</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COHU INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>192576106</cusip>
        <value>3695500</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>50000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COLGATE-PALMOLIVE CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>194162103</cusip>
        <value>916800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COLOMBIER ACQ III-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G2284A103</cusip>
        <value>1754800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>171200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>171200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COLOMBIER ACQUISITION - 31</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>G2284A111</cusip>
        <value>17120</value>
        <shrsOrPrnAmt>
            <sshPrnamt>21400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>21400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COLUMBIA BANKING SYSTEM INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>197236102</cusip>
        <value>9936077</value>
        <shrsOrPrnAmt>
            <sshPrnamt>310018</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>310018</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COLUMBUS ACQUISITION CORP RIGHTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G2295P115</cusip>
        <value>57904</value>
        <shrsOrPrnAmt>
            <sshPrnamt>105300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>105300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COMCAST CORP-CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>20030N101</cusip>
        <value>16709982</value>
        <shrsOrPrnAmt>
            <sshPrnamt>680651</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>680651</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COMMERCIAL VEHICLE GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>202608105</cusip>
        <value>487410</value>
        <shrsOrPrnAmt>
            <sshPrnamt>105500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>105500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CONCENTRA GROUP HOLDINGS PAR</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>20603L102</cusip>
        <value>5302015</value>
        <shrsOrPrnAmt>
            <sshPrnamt>178219</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>178219</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CONMED CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>207410101</cusip>
        <value>922986</value>
        <shrsOrPrnAmt>
            <sshPrnamt>28200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>28200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CONOCOPHILLIPS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>20825C104</cusip>
        <value>46566803</value>
        <shrsOrPrnAmt>
            <sshPrnamt>447930</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>447930</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CONSOLIDATED EDISON INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>209115104</cusip>
        <value>6416540</value>
        <shrsOrPrnAmt>
            <sshPrnamt>58000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>58000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CONSOLIDATED WATER CO-ORD SH</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G23773107</cusip>
        <value>1020612</value>
        <shrsOrPrnAmt>
            <sshPrnamt>34597</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>34597</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CONSTELLATION BRANDS INC-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>21036P108</cusip>
        <value>2851345</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CONSTELLATION ENERGY</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>21037T109</cusip>
        <value>18839361</value>
        <shrsOrPrnAmt>
            <sshPrnamt>75852</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>75852</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CONTANGO SILVER &amp; GOLD INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>21077F100</cusip>
        <value>1997103</value>
        <shrsOrPrnAmt>
            <sshPrnamt>126479</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>126479</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COOPER COS INC/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>216648501</cusip>
        <value>4575098</value>
        <shrsOrPrnAmt>
            <sshPrnamt>63800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>63800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COPART INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>217204106</cusip>
        <value>10520508</value>
        <shrsOrPrnAmt>
            <sshPrnamt>373200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>373200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CORE MOLDING TECHNOLOGIES IN</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>218683100</cusip>
        <value>7233400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>306500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>306500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COREBRIDGE FINANCIAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>21871X109</cusip>
        <value>400820</value>
        <shrsOrPrnAmt>
            <sshPrnamt>14000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>14000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COREWEAVE INC-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>21873S108</cusip>
        <value>3731755</value>
        <shrsOrPrnAmt>
            <sshPrnamt>37490</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>37490</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CORNING INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>219350105</cusip>
        <value>49697483</value>
        <shrsOrPrnAmt>
            <sshPrnamt>194564</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>194564</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CORTEVA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>22052L104</cusip>
        <value>2964150</value>
        <shrsOrPrnAmt>
            <sshPrnamt>35000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>35000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COSTCO WHOLESALE CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>22160K105</cusip>
        <value>60746615</value>
        <shrsOrPrnAmt>
            <sshPrnamt>64937</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>64937</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>COUPANG INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>22266T109</cusip>
        <value>967509</value>
        <shrsOrPrnAmt>
            <sshPrnamt>55700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>55700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CRACKER BARREL OLD COUNTRY</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>22410J106</cusip>
        <value>1066000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CRANE CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>224408104</cusip>
        <value>148182724</value>
        <shrsOrPrnAmt>
            <sshPrnamt>664288</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>664288</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CRANE HARBOR ACQUISITIO-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G25014104</cusip>
        <value>1791997</value>
        <shrsOrPrnAmt>
            <sshPrnamt>176900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>176900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CRANE HARBOR ACQUISITION-RTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G25014112</cusip>
        <value>39767</value>
        <shrsOrPrnAmt>
            <sshPrnamt>176900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>176900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CRANE NXT CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>224441105</cusip>
        <value>14997503</value>
        <shrsOrPrnAmt>
            <sshPrnamt>293149</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>293149</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CRH PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G25508105</cusip>
        <value>1498000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>14000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>14000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CROSS COUNTRY HEALTHCARE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>227483104</cusip>
        <value>11494206</value>
        <shrsOrPrnAmt>
            <sshPrnamt>870114</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>870114</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CROWDSTRIKE HOLDINGS INC - A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>22788C105</cusip>
        <value>38669067</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50671</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>50671</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CROWN CASTLE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>22822V101</cusip>
        <value>2734232</value>
        <shrsOrPrnAmt>
            <sshPrnamt>36105</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>36105</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CROWN HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>228368106</cusip>
        <value>13246197</value>
        <shrsOrPrnAmt>
            <sshPrnamt>118460</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>118460</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CROWN RESERVE ACQ CO-WARRANTS</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>G2574S103</cusip>
        <value>2798</value>
        <shrsOrPrnAmt>
            <sshPrnamt>69600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>69600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CROWN RESERVE ACQUISITI-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G2574F119</cusip>
        <value>1407312</value>
        <shrsOrPrnAmt>
            <sshPrnamt>139200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>139200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CROWN RESERVE ACQUISITIO-RTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G2574F127</cusip>
        <value>22258</value>
        <shrsOrPrnAmt>
            <sshPrnamt>139200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>139200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CTS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>126501105</cusip>
        <value>29335500</value>
        <shrsOrPrnAmt>
            <sshPrnamt>450000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>450000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CULLEN/FROST BANKERS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>229899109</cusip>
        <value>3584864</value>
        <shrsOrPrnAmt>
            <sshPrnamt>23200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>23200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CUMMINS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>231021106</cusip>
        <value>584832</value>
        <shrsOrPrnAmt>
            <sshPrnamt>820</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>820</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CURTISS-WRIGHT CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>231561101</cusip>
        <value>71236260</value>
        <shrsOrPrnAmt>
            <sshPrnamt>94009</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>94009</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CVS HEALTH CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>126650100</cusip>
        <value>26302163</value>
        <shrsOrPrnAmt>
            <sshPrnamt>254250</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>254250</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CYBERARK SOFTWARE LTD 0.000 06/15/30 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>23248VAD7</cusip>
        <value>12585171</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7550000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7550000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>CYTOKINETICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>23282W605</cusip>
        <value>1014528</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11909</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>11909</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DAKTRONICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>234264109</cusip>
        <value>1120788</value>
        <shrsOrPrnAmt>
            <sshPrnamt>57300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>57300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DANA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>235825205</cusip>
        <value>30856984</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1134031</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1134031</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DANAHER CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>235851102</cusip>
        <value>3095300</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16250</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>16250</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DARLING INGREDIENTS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>237266101</cusip>
        <value>2250344</value>
        <shrsOrPrnAmt>
            <sshPrnamt>41200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>41200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DAUCH CORPORATION</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>024061103</cusip>
        <value>254382</value>
        <shrsOrPrnAmt>
            <sshPrnamt>46934</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>46934</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DAVITA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>23918K108</cusip>
        <value>1535112</value>
        <shrsOrPrnAmt>
            <sshPrnamt>6900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>6900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DAWSON GEOPHYSICAL CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>239360100</cusip>
        <value>862488</value>
        <shrsOrPrnAmt>
            <sshPrnamt>145200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>145200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DEERE &amp; CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>244199105</cusip>
        <value>155172342</value>
        <shrsOrPrnAmt>
            <sshPrnamt>244624</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>244624</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DELL TECHNOLOGIES -C</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>24703L202</cusip>
        <value>5056280</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11719</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>11719</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DENTSPLY SIRONA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>24906P109</cusip>
        <value>217505</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DEUTSCHE BANK AG-REGISTERED</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>D18190898</cusip>
        <value>1282880</value>
        <shrsOrPrnAmt>
            <sshPrnamt>38000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>38000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DEVON ENERGY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>25179M103</cusip>
        <value>18308066</value>
        <shrsOrPrnAmt>
            <sshPrnamt>443080</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>443080</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DEXCOM INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>252131107</cusip>
        <value>4687560</value>
        <shrsOrPrnAmt>
            <sshPrnamt>69600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>69600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DIAGEO PLC-SPONSORED ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>25243Q205</cusip>
        <value>54622229</value>
        <shrsOrPrnAmt>
            <sshPrnamt>679550</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>679550</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DIAMONDBACK ENERGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>25278X109</cusip>
        <value>16746033</value>
        <shrsOrPrnAmt>
            <sshPrnamt>95267</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>95267</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DIGI INTERNATIONAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>253798102</cusip>
        <value>1184210</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DIGITALBRIDGE GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>25401T603</cusip>
        <value>18926532</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1199400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1199400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DISTRIBUTION SOLUTIONS GROUP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>520776105</cusip>
        <value>2844400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>104000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>104000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DMC GLOBAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>23291C103</cusip>
        <value>339885</value>
        <shrsOrPrnAmt>
            <sshPrnamt>58500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>58500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DOLBY LABORATORIES INC-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>25659T107</cusip>
        <value>2488138</value>
        <shrsOrPrnAmt>
            <sshPrnamt>47321</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>47321</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DOMINION ENERGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>25746U109</cusip>
        <value>34916677</value>
        <shrsOrPrnAmt>
            <sshPrnamt>511300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>511300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DONALDSON CO INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>257651109</cusip>
        <value>58215845</value>
        <shrsOrPrnAmt>
            <sshPrnamt>648500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>648500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DOUBLEDOWN INTERACTIVE -ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>25862B109</cusip>
        <value>1442014</value>
        <shrsOrPrnAmt>
            <sshPrnamt>125611</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>125611</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DOUGLAS DYNAMICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>25960R105</cusip>
        <value>5723394</value>
        <shrsOrPrnAmt>
            <sshPrnamt>106087</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>106087</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DR HORTON INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>23331A109</cusip>
        <value>3298320</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20250</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20250</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DRUGS MADE IN AMERICA ACQ-RT</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G2851K112</cusip>
        <value>12912</value>
        <shrsOrPrnAmt>
            <sshPrnamt>161400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>161400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DRUGS MADE IN AMERICA ACQUIS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G2851K104</cusip>
        <value>1337980</value>
        <shrsOrPrnAmt>
            <sshPrnamt>133000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>133000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DRUGS MADE IN AMERICA AC-RTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G2847J112</cusip>
        <value>5423</value>
        <shrsOrPrnAmt>
            <sshPrnamt>49300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>49300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DT CLOUD STAR ACQUISITION CO</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G2853N114</cusip>
        <value>9240</value>
        <shrsOrPrnAmt>
            <sshPrnamt>84000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>84000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DT MIDSTREAM INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>23345M107</cusip>
        <value>1247290</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>8500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DTE ENERGY COMPANY</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>233331107</cusip>
        <value>5317713</value>
        <shrsOrPrnAmt>
            <sshPrnamt>34900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>34900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DUCOMMUN INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>264147109</cusip>
        <value>18007413</value>
        <shrsOrPrnAmt>
            <sshPrnamt>97227</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>97227</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DUKE ENERGY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>26441C204</cusip>
        <value>42024560</value>
        <shrsOrPrnAmt>
            <sshPrnamt>332000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>332000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>DUPONT DE NEMOURS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>26614N201</cusip>
        <value>10772800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>79422</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>79422</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EAGLE BANCORP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>268948106</cusip>
        <value>1064625</value>
        <shrsOrPrnAmt>
            <sshPrnamt>37500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>37500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EAGLE NUCLEAR ENERGY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>269710109</cusip>
        <value>146024</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15195</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15195</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EAGLE NUCLEAR ENERGY WARRANTS</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>269710117</cusip>
        <value>28348</value>
        <shrsOrPrnAmt>
            <sshPrnamt>19550</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>19550</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EASTERN CO/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>276317104</cusip>
        <value>4511700</value>
        <shrsOrPrnAmt>
            <sshPrnamt>162000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>162000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EATON CORP PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G29183103</cusip>
        <value>44024162</value>
        <shrsOrPrnAmt>
            <sshPrnamt>103314</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>103314</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EBAY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>278642103</cusip>
        <value>2089725</value>
        <shrsOrPrnAmt>
            <sshPrnamt>18700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>18700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ECHOSTAR CORP-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>278768106</cusip>
        <value>39349317</value>
        <shrsOrPrnAmt>
            <sshPrnamt>387678</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>387678</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ECOLAB INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>278865100</cusip>
        <value>5168216</value>
        <shrsOrPrnAmt>
            <sshPrnamt>18550</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>18550</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EDGEWELL PERSONAL CARE CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>28035Q102</cusip>
        <value>8245429</value>
        <shrsOrPrnAmt>
            <sshPrnamt>306978</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>306978</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EDISON INTERNATIONAL</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>281020107</cusip>
        <value>11093050</value>
        <shrsOrPrnAmt>
            <sshPrnamt>149000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>149000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EL PASO ENERGY CAP TRST 4.750 03/31/28 CVT</nameOfIssuer>
        <titleOfClass>PREFERRED CONVER</titleOfClass>
        <cusip>283678209</cusip>
        <value>4417875</value>
        <shrsOrPrnAmt>
            <sshPrnamt>87500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>87500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EL POLLO LOCO HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>268603107</cusip>
        <value>932800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>55000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>55000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ELANCO ANIMAL HEALTH INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>28414H103</cusip>
        <value>3076250</value>
        <shrsOrPrnAmt>
            <sshPrnamt>125000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>125000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ELBIT SYSTEMS LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>M3760D101</cusip>
        <value>1759472</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2319</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2319</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ELDORADO GOLD CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>284902509</cusip>
        <value>34590796</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1112600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1112600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ELECTROMED INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>285409108</cusip>
        <value>1298610</value>
        <shrsOrPrnAmt>
            <sshPrnamt>30700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>30700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ELECTRONIC ARTS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>285512109</cusip>
        <value>36630396</value>
        <shrsOrPrnAmt>
            <sshPrnamt>178650</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>178650</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ELEMENT SOLUTIONS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>28618M106</cusip>
        <value>4393000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>92000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>92000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ELEVANCE HEALTH INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>036752103</cusip>
        <value>1624266</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>4200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ELI LILLY &amp; CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>532457108</cusip>
        <value>124875056</value>
        <shrsOrPrnAmt>
            <sshPrnamt>104112</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>104112</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ELME COMMUNITIES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>939653101</cusip>
        <value>1129832</value>
        <shrsOrPrnAmt>
            <sshPrnamt>763400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>763400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EMERA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>290876101</cusip>
        <value>13202897</value>
        <shrsOrPrnAmt>
            <sshPrnamt>249000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>249000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EMERSON ELECTRIC CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>291011104</cusip>
        <value>243355</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EMMIS ACQUISITION CORP RIGHTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G3037D113</cusip>
        <value>40208</value>
        <shrsOrPrnAmt>
            <sshPrnamt>268050</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>268050</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EMMIS ACQUISITION CORP-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G3037D105</cusip>
        <value>1364850</value>
        <shrsOrPrnAmt>
            <sshPrnamt>135000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>135000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ENACT HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29249E109</cusip>
        <value>3878996</value>
        <shrsOrPrnAmt>
            <sshPrnamt>84861</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>84861</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ENBRIDGE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29250N105</cusip>
        <value>43305659</value>
        <shrsOrPrnAmt>
            <sshPrnamt>798850</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>798850</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ENCOMPASS HEALTH CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29261A100</cusip>
        <value>1845215</value>
        <shrsOrPrnAmt>
            <sshPrnamt>18255</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>18255</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ENCORE ENERGY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29259W700</cusip>
        <value>13100</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ENEL CHILE SA-ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>29278D105</cusip>
        <value>126000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>28000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>28000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ENERGIZER HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29272W109</cusip>
        <value>11138080</value>
        <shrsOrPrnAmt>
            <sshPrnamt>519500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>519500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ENERGY RECOVERY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29270J100</cusip>
        <value>667480</value>
        <shrsOrPrnAmt>
            <sshPrnamt>74000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>74000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ENERGY TRANSFER LP</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>29273V100</cusip>
        <value>24483638</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1280525</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1280525</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ENERPAC TOOL GROUP CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>292765104</cusip>
        <value>2929762</value>
        <shrsOrPrnAmt>
            <sshPrnamt>81700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>81700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ENI SPA-SPONSORED ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>26874R108</cusip>
        <value>6091800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>130000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>130000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ENOVIS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>194014502</cusip>
        <value>228714</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11049</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>11049</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ENPRO INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29355X107</cusip>
        <value>20269411</value>
        <shrsOrPrnAmt>
            <sshPrnamt>53775</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>53775</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ENSIGN GROUP INC/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29358P101</cusip>
        <value>5721428</value>
        <shrsOrPrnAmt>
            <sshPrnamt>35692</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>35692</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ENTEGRIS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29362U104</cusip>
        <value>10126118</value>
        <shrsOrPrnAmt>
            <sshPrnamt>56300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>56300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ENTERGY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29364G103</cusip>
        <value>4335965</value>
        <shrsOrPrnAmt>
            <sshPrnamt>37750</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>37750</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ENTERPRISE PRODUCTS PARTNERS</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>293792107</cusip>
        <value>12705175</value>
        <shrsOrPrnAmt>
            <sshPrnamt>345625</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>345625</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ENTRAVISION COMMUNICATIONS-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29382R107</cusip>
        <value>3181760</value>
        <shrsOrPrnAmt>
            <sshPrnamt>244000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>244000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EOG RESOURCES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>26875P101</cusip>
        <value>18953553</value>
        <shrsOrPrnAmt>
            <sshPrnamt>146100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>146100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EQT CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>26884L109</cusip>
        <value>9133543</value>
        <shrsOrPrnAmt>
            <sshPrnamt>171780</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>171780</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EQUINIX INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29444U700</cusip>
        <value>7400969</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EQUINOR ASA-SPON ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>29446M102</cusip>
        <value>11335400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>361000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>361000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EQUINOX GOLD CORP USD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29446Y502</cusip>
        <value>22404163</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2304955</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2304955</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EQUITABLE HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29452E101</cusip>
        <value>3958195</value>
        <shrsOrPrnAmt>
            <sshPrnamt>90205</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>90205</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EQUITY LIFESTYLE PROPERTIES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29472R108</cusip>
        <value>1278624</value>
        <shrsOrPrnAmt>
            <sshPrnamt>19839</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>19839</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EQV VENTURES ACQ CORP II -A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G3106Q102</cusip>
        <value>2287955</value>
        <shrsOrPrnAmt>
            <sshPrnamt>224750</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>224750</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EQV VENTURES ACQ CORP II -WARRANTS</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>G3106Q128</cusip>
        <value>36404</value>
        <shrsOrPrnAmt>
            <sshPrnamt>91582</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>91582</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ERASCA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29479A108</cusip>
        <value>183200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ESAB CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29605J106</cusip>
        <value>5053407</value>
        <shrsOrPrnAmt>
            <sshPrnamt>51236</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>51236</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ESPERION THERAPEUTICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29664W105</cusip>
        <value>9097488</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2878952</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2878952</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ESSENTIAL UTILITIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29670G102</cusip>
        <value>23485946</value>
        <shrsOrPrnAmt>
            <sshPrnamt>613050</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>613050</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ESTEE LAUDER COMPANIES-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>518439104</cusip>
        <value>4042240</value>
        <shrsOrPrnAmt>
            <sshPrnamt>51200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>51200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ETHAN ALLEN INTERIORS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>297602104</cusip>
        <value>558500</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EUREKA ACQUISITION CORP-RTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G32168125</cusip>
        <value>25305</value>
        <shrsOrPrnAmt>
            <sshPrnamt>72300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>72300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EURONET WORLDWIDE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>298736109</cusip>
        <value>1526743</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20860</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20860</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EUROPEAN EQUITY FUND INC/THE</nameOfIssuer>
        <titleOfClass>EXCHANGE TRADED</titleOfClass>
        <cusip>298768102</cusip>
        <value>354358</value>
        <shrsOrPrnAmt>
            <sshPrnamt>32229</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>32229</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EVERGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>30034W106</cusip>
        <value>87918584</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1017223</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1017223</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EVERSOURCE ENERGY</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>30040W108</cusip>
        <value>49747055</value>
        <shrsOrPrnAmt>
            <sshPrnamt>688350</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>688350</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EVERTEC INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>30040P103</cusip>
        <value>3974485</value>
        <shrsOrPrnAmt>
            <sshPrnamt>143070</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>143070</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EVERUS CONSTRUCTION GROUP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>300426103</cusip>
        <value>6518350</value>
        <shrsOrPrnAmt>
            <sshPrnamt>39279</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>39279</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EVOLENT HEALTH INC - A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>30050B101</cusip>
        <value>1074786</value>
        <shrsOrPrnAmt>
            <sshPrnamt>198300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>198300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EW SCRIPPS CO NEW</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>811054402</cusip>
        <value>3784684</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1366312</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1366312</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EXELON CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>30161N101</cusip>
        <value>18623385</value>
        <shrsOrPrnAmt>
            <sshPrnamt>399472</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>399472</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EXPAND ENERGY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>165167735</cusip>
        <value>6694987</value>
        <shrsOrPrnAmt>
            <sshPrnamt>73418</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>73418</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>EXXON MOBIL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>30231G102</cusip>
        <value>87075601</value>
        <shrsOrPrnAmt>
            <sshPrnamt>636890</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>636890</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FEDERAL SIGNAL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>313855108</cusip>
        <value>22948314</value>
        <shrsOrPrnAmt>
            <sshPrnamt>178600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>178600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FEDERATED HERMES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>314211103</cusip>
        <value>4666200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>84502</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>84502</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FEDEX CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>31428X106</cusip>
        <value>388907</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1242</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1242</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FEDEX FREIGHT HOLDING CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>314352105</cusip>
        <value>1590030</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10530</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10530</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FERGUSON ENTERPRISES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>31488V107</cusip>
        <value>688257</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FERRARI NV</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>N3167Y103</cusip>
        <value>6767488</value>
        <shrsOrPrnAmt>
            <sshPrnamt>18178</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>18178</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FIDELITY NATIONAL FINANCIAL</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>31620R303</cusip>
        <value>1744920</value>
        <shrsOrPrnAmt>
            <sshPrnamt>37000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>37000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FIDELITY NATIONAL INFO SERV</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>31620M106</cusip>
        <value>524880</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FIFTH ERA ACQUISITION CORP I RIGHTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G3415K135</cusip>
        <value>41428</value>
        <shrsOrPrnAmt>
            <sshPrnamt>125500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>125500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FIFTH ERA ACQUISITION CORP-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G3415K101</cusip>
        <value>781500</value>
        <shrsOrPrnAmt>
            <sshPrnamt>75000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>75000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FIFTH THIRD BANCORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>316773100</cusip>
        <value>4713998</value>
        <shrsOrPrnAmt>
            <sshPrnamt>83626</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>83626</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FIREFLY AEROSPACE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>31816X106</cusip>
        <value>369440</value>
        <shrsOrPrnAmt>
            <sshPrnamt>12566</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>12566</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FIRST AMERICAN FINANCIAL</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>31847R102</cusip>
        <value>6890689</value>
        <shrsOrPrnAmt>
            <sshPrnamt>100462</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>100462</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FIRST BANCORP/NC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>318910106</cusip>
        <value>4416860</value>
        <shrsOrPrnAmt>
            <sshPrnamt>69089</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>69089</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FIRST CITIZENS BCSHS -CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>31946M103</cusip>
        <value>13446065</value>
        <shrsOrPrnAmt>
            <sshPrnamt>6462</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>6462</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FIRST HORIZON CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>320517105</cusip>
        <value>999960</value>
        <shrsOrPrnAmt>
            <sshPrnamt>39000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>39000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FIRST INTERSTATE BANCSYS-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>32055Y201</cusip>
        <value>771200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FIRST SEACOAST BANCORP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>33631F104</cusip>
        <value>1421298</value>
        <shrsOrPrnAmt>
            <sshPrnamt>84300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>84300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FIRST SOLAR INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>336433107</cusip>
        <value>534449</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2265</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2265</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FIRSTENERGY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>337932107</cusip>
        <value>18226408</value>
        <shrsOrPrnAmt>
            <sshPrnamt>383391</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>383391</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FIRSTENERGY CORP 3.875 01/15/31 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>337932AV9</cusip>
        <value>11229988</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10100000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10100000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FIRSTSUN CAPITAL BANCORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>33767U107</cusip>
        <value>1420473</value>
        <shrsOrPrnAmt>
            <sshPrnamt>36629</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>36629</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FISERV INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>337738108</cusip>
        <value>7444809</value>
        <shrsOrPrnAmt>
            <sshPrnamt>151780</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>151780</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FIVE STAR BANCORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>33830T103</cusip>
        <value>1217250</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FLEX LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>Y2573F102</cusip>
        <value>2845625</value>
        <shrsOrPrnAmt>
            <sshPrnamt>17558</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>17558</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FLOWERS FOODS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>343498101</cusip>
        <value>5758737</value>
        <shrsOrPrnAmt>
            <sshPrnamt>728954</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>728954</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FLOWSERVE CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>34354P105</cusip>
        <value>81777789</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1102721</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1102721</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FLUENCE ENERGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>34379V103</cusip>
        <value>198800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FLUOR CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>343412102</cusip>
        <value>3793455</value>
        <shrsOrPrnAmt>
            <sshPrnamt>72408</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>72408</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FLUOR CORP 1.125 08/15/29 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>343412AJ1</cusip>
        <value>11510883</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8700000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>8700000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FLUTTER ENTERTAINMENT PLC-DI</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G3643J108</cusip>
        <value>1389512</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FMC CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>302491303</cusip>
        <value>1124700</value>
        <shrsOrPrnAmt>
            <sshPrnamt>97800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>97800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FNB CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>302520101</cusip>
        <value>1259280</value>
        <shrsOrPrnAmt>
            <sshPrnamt>66000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>66000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FOMENTO ECONOMICO MEX-SP ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>344419106</cusip>
        <value>25733480</value>
        <shrsOrPrnAmt>
            <sshPrnamt>201200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>201200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FORD MOTOR CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>345370860</cusip>
        <value>347500</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FORMFACTOR INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>346375108</cusip>
        <value>2398950</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FORTINET INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>34959E109</cusip>
        <value>876095</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5703</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5703</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FORTIS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>349553107</cusip>
        <value>9469026</value>
        <shrsOrPrnAmt>
            <sshPrnamt>165350</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>165350</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FORTREA HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>34965K107</cusip>
        <value>426300</value>
        <shrsOrPrnAmt>
            <sshPrnamt>24500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>24500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FORTRESS VALUE ACQUIS V-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G3645T104</cusip>
        <value>504489</value>
        <shrsOrPrnAmt>
            <sshPrnamt>49900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>49900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FORTUNA MINING CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>349942102</cusip>
        <value>2535000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>300000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>300000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FORTUNE BRANDS INNOVATIONS I</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>34964C106</cusip>
        <value>14224425</value>
        <shrsOrPrnAmt>
            <sshPrnamt>259097</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>259097</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FOSTER (LB) CO-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>350060109</cusip>
        <value>5628182</value>
        <shrsOrPrnAmt>
            <sshPrnamt>124600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>124600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FOX CORP - CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>35137L105</cusip>
        <value>13083449</value>
        <shrsOrPrnAmt>
            <sshPrnamt>250833</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>250833</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FOX CORP - CLASS B</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>35137L204</cusip>
        <value>26350872</value>
        <shrsOrPrnAmt>
            <sshPrnamt>562572</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>562572</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FRANCO-NEVADA CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>351858105</cusip>
        <value>20798895</value>
        <shrsOrPrnAmt>
            <sshPrnamt>99777</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>99777</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FRANKLIN BSP REALTY TRUST IN</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>35243J101</cusip>
        <value>4687981</value>
        <shrsOrPrnAmt>
            <sshPrnamt>575919</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>575919</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FRANKLIN ELECTRIC CO INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>353514102</cusip>
        <value>22777875</value>
        <shrsOrPrnAmt>
            <sshPrnamt>212500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>212500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FREEPORT-MCMORAN INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>35671D857</cusip>
        <value>66163425</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1052050</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1052050</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FTAI AVIATION LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G3730V105</cusip>
        <value>4193215</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FULL HOUSE RESORTS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>359678109</cusip>
        <value>1703295</value>
        <shrsOrPrnAmt>
            <sshPrnamt>610500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>610500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FUTURECREST ACQUISITION-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G3730U107</cusip>
        <value>115360</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>11200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>FUTUREWAVE ACQUISITION CORP</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>G37073122</cusip>
        <value>587257</value>
        <shrsOrPrnAmt>
            <sshPrnamt>58550</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>58550</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GABELLI FIN SRVCS OPP ETF</nameOfIssuer>
        <titleOfClass>EXCHANGE TRADED</titleOfClass>
        <cusip>36261K400</cusip>
        <value>21120882</value>
        <shrsOrPrnAmt>
            <sshPrnamt>479863</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>479863</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GABELLI GLOBAL TECHNOLOGY LE</nameOfIssuer>
        <titleOfClass>EXCHANGE TRADED</titleOfClass>
        <cusip>36261K301</cusip>
        <value>4265100</value>
        <shrsOrPrnAmt>
            <sshPrnamt>105000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>105000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GABELLI LOVE OUR PLANET &amp; PE</nameOfIssuer>
        <titleOfClass>EXCHANGE TRADED</titleOfClass>
        <cusip>36261K103</cusip>
        <value>1792661</value>
        <shrsOrPrnAmt>
            <sshPrnamt>45000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>45000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GAMBLING.COM GROUP LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G3R239101</cusip>
        <value>106400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>56000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>56000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GAMING AND LEISURE PROPERTIE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>36467J108</cusip>
        <value>2808952</value>
        <shrsOrPrnAmt>
            <sshPrnamt>63080</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>63080</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GARMIN LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>H2906T109</cusip>
        <value>237540</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GARRETT MOTION INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>366505105</cusip>
        <value>29538464</value>
        <shrsOrPrnAmt>
            <sshPrnamt>815304</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>815304</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GATX CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>361448103</cusip>
        <value>143727669</value>
        <shrsOrPrnAmt>
            <sshPrnamt>811150</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>811150</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GBELI OP IN LIV AND SPRT ETF</nameOfIssuer>
        <titleOfClass>EXCHANGE TRADED</titleOfClass>
        <cusip>36261K889</cusip>
        <value>20557330</value>
        <shrsOrPrnAmt>
            <sshPrnamt>776695</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>776695</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GBL AERO &amp; DEF</nameOfIssuer>
        <titleOfClass>EXCHANGE TRADED</titleOfClass>
        <cusip>36261K509</cusip>
        <value>7428030</value>
        <shrsOrPrnAmt>
            <sshPrnamt>132500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>132500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GBL GLBL GRWTH ETF</nameOfIssuer>
        <titleOfClass>EXCHANGE TRADED</titleOfClass>
        <cusip>36261K202</cusip>
        <value>380205</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GE AEROSPACE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>369604301</cusip>
        <value>108245289</value>
        <shrsOrPrnAmt>
            <sshPrnamt>289635</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>289635</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GE VERNOVA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>36828A101</cusip>
        <value>81581104</value>
        <shrsOrPrnAmt>
            <sshPrnamt>69439</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>69439</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GEN DIGITAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>668771108</cusip>
        <value>4120490</value>
        <shrsOrPrnAmt>
            <sshPrnamt>165548</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>165548</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GEN DIGITAL INC - CVR</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>668771116</cusip>
        <value>87835</value>
        <shrsOrPrnAmt>
            <sshPrnamt>69435</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>69435</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GENCOR INDUSTRIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>368678108</cusip>
        <value>886248</value>
        <shrsOrPrnAmt>
            <sshPrnamt>59400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>59400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GENERAL DYNAMICS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>369550108</cusip>
        <value>2993682</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8451</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>8451</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GENERAL MILLS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>370334104</cusip>
        <value>5846400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>168000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>168000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GENERAL MOTORS CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>37045V100</cusip>
        <value>693720</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>9000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GENIUS SPORTS LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G3934V109</cusip>
        <value>378750</value>
        <shrsOrPrnAmt>
            <sshPrnamt>62500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>62500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GENTEX CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>371901109</cusip>
        <value>3032400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>120000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>120000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GENTHERM INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>37253A103</cusip>
        <value>392265</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>11500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GENUINE PARTS CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>372460105</cusip>
        <value>94389899</value>
        <shrsOrPrnAmt>
            <sshPrnamt>800050</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>800050</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GIBRALTAR INDUSTRIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>374689107</cusip>
        <value>1538136</value>
        <shrsOrPrnAmt>
            <sshPrnamt>34105</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>34105</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GIGCAPITAL8 CORP-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G3864J100</cusip>
        <value>2117490</value>
        <shrsOrPrnAmt>
            <sshPrnamt>210300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>210300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GIGCAPITAL8 CORP-RTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G3864J118</cusip>
        <value>66378</value>
        <shrsOrPrnAmt>
            <sshPrnamt>255300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>255300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GIGCAPITAL9 CORP-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G3865B114</cusip>
        <value>423276</value>
        <shrsOrPrnAmt>
            <sshPrnamt>42626</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>42626</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GILEAD SCIENCES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>375558103</cusip>
        <value>1080207</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8550</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>8550</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GLACIER BANCORP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>37637Q105</cusip>
        <value>515800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GLAUKOS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>377322102</cusip>
        <value>419280</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GLOBAL BUSINESS TRAVEL GROUP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>37890B100</cusip>
        <value>12069715</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1286750</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1286750</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GLOBALFOUNDRIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G39387108</cusip>
        <value>2440902</value>
        <shrsOrPrnAmt>
            <sshPrnamt>29619</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>29619</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GLOBALSTAR INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>378973507</cusip>
        <value>3686502</value>
        <shrsOrPrnAmt>
            <sshPrnamt>45350</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>45350</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GLOBUS MEDICAL INC - A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>379577208</cusip>
        <value>16671110</value>
        <shrsOrPrnAmt>
            <sshPrnamt>211000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>211000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GOGO INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>38046C109</cusip>
        <value>466860</value>
        <shrsOrPrnAmt>
            <sshPrnamt>150600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>150600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GOLAR LNG LTD 2.750 12/15/30 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>38046YAD3</cusip>
        <value>5686800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5000000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5000000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GOLD FIELDS LTD-SPONS ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>38059T106</cusip>
        <value>13325153</value>
        <shrsOrPrnAmt>
            <sshPrnamt>396700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>396700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GOLDMAN SACHS GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>38141G104</cusip>
        <value>40414345</value>
        <shrsOrPrnAmt>
            <sshPrnamt>39960</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>39960</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GORMAN-RUPP CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>383082104</cusip>
        <value>68745094</value>
        <shrsOrPrnAmt>
            <sshPrnamt>749347</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>749347</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GPGI INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>20459V105</cusip>
        <value>3812210</value>
        <shrsOrPrnAmt>
            <sshPrnamt>240518</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>240518</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GRACO INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>384109104</cusip>
        <value>45645757</value>
        <shrsOrPrnAmt>
            <sshPrnamt>603700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>603700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GRAHAM CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>384556106</cusip>
        <value>1682059</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13588</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13588</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GRAHAM HOLDINGS CO-CLASS B</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>384637104</cusip>
        <value>10272780</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>9000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GRAIL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>384747101</cusip>
        <value>2067420</value>
        <shrsOrPrnAmt>
            <sshPrnamt>30283</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>30283</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GRAY MEDIA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>389375106</cusip>
        <value>162770</value>
        <shrsOrPrnAmt>
            <sshPrnamt>41000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>0</Shared>
            <None>41000</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GRAY MEDIA INC-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>389375205</cusip>
        <value>501900</value>
        <shrsOrPrnAmt>
            <sshPrnamt>71700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>0</Shared>
            <None>71700</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GREENBRIER COMPANIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>393657101</cusip>
        <value>4028622</value>
        <shrsOrPrnAmt>
            <sshPrnamt>82200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>82200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GREIF INC-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>397624107</cusip>
        <value>28131149</value>
        <shrsOrPrnAmt>
            <sshPrnamt>377650</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>377650</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GREIF INC-CL B</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>397624206</cusip>
        <value>9868470</value>
        <shrsOrPrnAmt>
            <sshPrnamt>105500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>105500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GRIFFON CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>398433102</cusip>
        <value>27405930</value>
        <shrsOrPrnAmt>
            <sshPrnamt>281000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>281000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GRIFOLS SA-ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>398438408</cusip>
        <value>506560</value>
        <shrsOrPrnAmt>
            <sshPrnamt>71548</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>71548</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GRUPO TELEVISA SA-SPON ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>40049J206</cusip>
        <value>21557391</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7954757</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7954757</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GSK PLC-SPON ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>37733W204</cusip>
        <value>354359</value>
        <shrsOrPrnAmt>
            <sshPrnamt>6760</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>6760</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GSR IV ACQUISITION CORP-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G4R12K107</cusip>
        <value>2083816</value>
        <shrsOrPrnAmt>
            <sshPrnamt>205100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>205100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GSR IV ACQUISITION CORP-RTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G4R12K115</cusip>
        <value>79219</value>
        <shrsOrPrnAmt>
            <sshPrnamt>32871</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>32871</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GSR V ACQUISITION CORP-UNITS</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>G4R102125</cusip>
        <value>693193</value>
        <shrsOrPrnAmt>
            <sshPrnamt>69250</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>69250</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GXO LOGISTICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>36262G101</cusip>
        <value>2362012</value>
        <shrsOrPrnAmt>
            <sshPrnamt>46588</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>46588</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>GYRODYNE LLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>403829104</cusip>
        <value>1309678</value>
        <shrsOrPrnAmt>
            <sshPrnamt>213825</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>213825</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>H.B. FULLER CO.</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>359694106</cusip>
        <value>17545290</value>
        <shrsOrPrnAmt>
            <sshPrnamt>301000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>301000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>H2O AMERICA</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>784305104</cusip>
        <value>9892080</value>
        <shrsOrPrnAmt>
            <sshPrnamt>162779</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>162779</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HAEMONETICS CORP/MASS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>405024100</cusip>
        <value>1125000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HAIN CELESTIAL GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>405217100</cusip>
        <value>28570</value>
        <shrsOrPrnAmt>
            <sshPrnamt>51000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>51000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HALEON PLC-ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>405552100</cusip>
        <value>121290</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HALLIBURTON CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>406216101</cusip>
        <value>32433284</value>
        <shrsOrPrnAmt>
            <sshPrnamt>955325</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>955325</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HALOZYME THERAPEUTICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>40637H109</cusip>
        <value>3616074</value>
        <shrsOrPrnAmt>
            <sshPrnamt>46200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>46200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HANOVER BANCORP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>410709109</cusip>
        <value>583000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HARLEY-DAVIDSON INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>412822108</cusip>
        <value>1083578</value>
        <shrsOrPrnAmt>
            <sshPrnamt>44300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>44300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HARMONIC INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>413160102</cusip>
        <value>2367850</value>
        <shrsOrPrnAmt>
            <sshPrnamt>145000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>145000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HARTFORD INSURANCE GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>416515104</cusip>
        <value>7712664</value>
        <shrsOrPrnAmt>
            <sshPrnamt>58200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>58200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HASBRO INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>418056107</cusip>
        <value>2485959</value>
        <shrsOrPrnAmt>
            <sshPrnamt>30100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>30100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HAWAIIAN ELECTRIC INDS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>419870100</cusip>
        <value>4542021</value>
        <shrsOrPrnAmt>
            <sshPrnamt>335700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>335700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HAWKINS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>420261109</cusip>
        <value>5058760</value>
        <shrsOrPrnAmt>
            <sshPrnamt>35600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>35600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HCA HEALTHCARE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>40412C101</cusip>
        <value>6470225</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16595</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>16595</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HEICO CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>422806109</cusip>
        <value>4908298</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13780</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13780</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HELIOS TECHNOLOGIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>42328H109</cusip>
        <value>5039858</value>
        <shrsOrPrnAmt>
            <sshPrnamt>56469</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>56469</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HENRY SCHEIN INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>806407102</cusip>
        <value>24182047</value>
        <shrsOrPrnAmt>
            <sshPrnamt>289536</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>289536</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HERC HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>42704L104</cusip>
        <value>71705978</value>
        <shrsOrPrnAmt>
            <sshPrnamt>500251</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>500251</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HERITAGE FINANCIAL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>42722X106</cusip>
        <value>592400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HERSHEY CO/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>427866108</cusip>
        <value>2807200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>16000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HERTZ GLOBAL HLDGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>42806J700</cusip>
        <value>628764</value>
        <shrsOrPrnAmt>
            <sshPrnamt>277600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>277600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HESS MIDSTREAM LP - CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>428103105</cusip>
        <value>564000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HEWLETT PACKARD ENTERPRISE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>42824C109</cusip>
        <value>20590324</value>
        <shrsOrPrnAmt>
            <sshPrnamt>456447</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>456447</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HEXCEL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>428291108</cusip>
        <value>8882026</value>
        <shrsOrPrnAmt>
            <sshPrnamt>88767</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>88767</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HILLTOP HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>432748101</cusip>
        <value>4757530</value>
        <shrsOrPrnAmt>
            <sshPrnamt>122680</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>122680</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HINGE HEALTH INC-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>433313103</cusip>
        <value>249000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HOME DEPOT INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>437076102</cusip>
        <value>3950016</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>11200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HONEYWELL AEROSPACE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>43849R105</cusip>
        <value>42781633</value>
        <shrsOrPrnAmt>
            <sshPrnamt>193512</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>193512</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HONEYWELL INTERNATIONAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>438516205</cusip>
        <value>43310097</value>
        <shrsOrPrnAmt>
            <sshPrnamt>193435</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>193435</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HOPE BANCORP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>43940T109</cusip>
        <value>3146400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>230000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>230000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HORACE MANN EDUCATORS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>440327104</cusip>
        <value>774750</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HOWARD HUGHES HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>44267T102</cusip>
        <value>978269</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13684</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13684</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HOWMET AEROSPACE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>443201108</cusip>
        <value>37057512</value>
        <shrsOrPrnAmt>
            <sshPrnamt>137832</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>137832</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HP ENTERPRISE CO 7.625 09/01/27 CVT</nameOfIssuer>
        <titleOfClass>PREFERRED CONVER</titleOfClass>
        <cusip>42824C208</cusip>
        <value>17291170</value>
        <shrsOrPrnAmt>
            <sshPrnamt>149500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>149500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>40434L105</cusip>
        <value>230370</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HSBC HOLDINGS PLC-SPONS ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>404280406</cusip>
        <value>2158543</value>
        <shrsOrPrnAmt>
            <sshPrnamt>22700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>22700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HUBBELL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>443510607</cusip>
        <value>4450339</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8506</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>8506</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HUBSPOT INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>443573100</cusip>
        <value>976429</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5350</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5350</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HUNTINGTON BANCSHARES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>446150104</cusip>
        <value>11649089</value>
        <shrsOrPrnAmt>
            <sshPrnamt>657027</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>657027</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HUNTINGTON INGALLS INDUSTRIE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>446413106</cusip>
        <value>289966</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1036</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1036</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HUNTSMAN CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>447011107</cusip>
        <value>403560</value>
        <shrsOrPrnAmt>
            <sshPrnamt>38000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>38000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HYATT HOTELS CORP - CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>448579102</cusip>
        <value>2229160</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>11500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>HYSTER-YALE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>449172105</cusip>
        <value>1970372</value>
        <shrsOrPrnAmt>
            <sshPrnamt>56200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>56200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>I3 VERTICALS INC-CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>46571Y107</cusip>
        <value>427200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>IAMGOLD CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>450913108</cusip>
        <value>30431808</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1921200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1921200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ICF INTERNATIONAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>44925C103</cusip>
        <value>3788720</value>
        <shrsOrPrnAmt>
            <sshPrnamt>52000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>52000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ICHOR HOLDINGS LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G4740B105</cusip>
        <value>2694720</value>
        <shrsOrPrnAmt>
            <sshPrnamt>24000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>24000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ICON PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G4705A100</cusip>
        <value>434275</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ICU MEDICAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>44930G107</cusip>
        <value>9133180</value>
        <shrsOrPrnAmt>
            <sshPrnamt>62300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>62300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>IDACORP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>451107106</cusip>
        <value>8694001</value>
        <shrsOrPrnAmt>
            <sshPrnamt>57462</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>57462</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>IDEX CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>45167R104</cusip>
        <value>39965895</value>
        <shrsOrPrnAmt>
            <sshPrnamt>176100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>176100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>IDT CORP-CLASS B</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>448947507</cusip>
        <value>203560</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>IHS HOLDING LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G4701H109</cusip>
        <value>4399764</value>
        <shrsOrPrnAmt>
            <sshPrnamt>533952</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>533952</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ILLUMINA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>452327109</cusip>
        <value>879150</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>IMAX CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>45245E109</cusip>
        <value>3467820</value>
        <shrsOrPrnAmt>
            <sshPrnamt>87000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>87000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INCYTE CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>45337C102</cusip>
        <value>1609372</value>
        <shrsOrPrnAmt>
            <sshPrnamt>14197</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>14197</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INDIVIOR PHARMACEUTICALS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>45579U109</cusip>
        <value>568676</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13860</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13860</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INFINITE EAGLE CL-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G4802J103</cusip>
        <value>531300</value>
        <shrsOrPrnAmt>
            <sshPrnamt>52500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>52500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INFLECTION POINT ACQ RIGHTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G47875110</cusip>
        <value>48240</value>
        <shrsOrPrnAmt>
            <sshPrnamt>107200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>107200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INFLECTION POINT ACQUISITI-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G47875102</cusip>
        <value>1107376</value>
        <shrsOrPrnAmt>
            <sshPrnamt>107200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>107200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INFUSYSTEM HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>45685K102</cusip>
        <value>1400070</value>
        <shrsOrPrnAmt>
            <sshPrnamt>145085</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>145085</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INGERSOLL-RAND INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>45687V106</cusip>
        <value>4148694</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>50600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INGLES MARKETS INC-CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>457030104</cusip>
        <value>30250070</value>
        <shrsOrPrnAmt>
            <sshPrnamt>341500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>341500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INGRAM MICRO HOLDING CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>457152106</cusip>
        <value>4114500</value>
        <shrsOrPrnAmt>
            <sshPrnamt>150000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>150000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INGREDION INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>457187102</cusip>
        <value>303072</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INNOVATE CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>45784J303</cusip>
        <value>336060</value>
        <shrsOrPrnAmt>
            <sshPrnamt>18000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>18000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INNOVATIVE SOLUTIONS &amp; SUPP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>45769N105</cusip>
        <value>3981942</value>
        <shrsOrPrnAmt>
            <sshPrnamt>221219</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>221219</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INNOVEX INTERNATIONAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>457651107</cusip>
        <value>8451840</value>
        <shrsOrPrnAmt>
            <sshPrnamt>340800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>340800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INSMED INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>457669307</cusip>
        <value>911601</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8550</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>8550</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INSPIRED ENTERTAINMENT INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>45782N108</cusip>
        <value>1773750</value>
        <shrsOrPrnAmt>
            <sshPrnamt>215000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>215000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INTEGER HOLDINGS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>45826H109</cusip>
        <value>3037125</value>
        <shrsOrPrnAmt>
            <sshPrnamt>32500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>32500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INTEL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>458140100</cusip>
        <value>12913401</value>
        <shrsOrPrnAmt>
            <sshPrnamt>92483</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>92483</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INTERACTIVE BROKERS GRO-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>45841N107</cusip>
        <value>31260068</value>
        <shrsOrPrnAmt>
            <sshPrnamt>359146</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>359146</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INTERCONTINENTAL EXCHANGE IN</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>45866F104</cusip>
        <value>4519984</value>
        <shrsOrPrnAmt>
            <sshPrnamt>36715</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>36715</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INTERNATIONAL MONEY EXPRESS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>46005L101</cusip>
        <value>7600425</value>
        <shrsOrPrnAmt>
            <sshPrnamt>525981</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>525981</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INTERNATIONAL PAPER CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>460146103</cusip>
        <value>826770</value>
        <shrsOrPrnAmt>
            <sshPrnamt>21700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>21700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INTERNATIONAL SEAWAYS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>Y41053102</cusip>
        <value>5002093</value>
        <shrsOrPrnAmt>
            <sshPrnamt>65310</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>65310</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INTL BUSINESS MACHINES CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>459200101</cusip>
        <value>5597485</value>
        <shrsOrPrnAmt>
            <sshPrnamt>19905</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>19905</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INTL FLAVORS &amp; FRAGRANCES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>459506101</cusip>
        <value>2851920</value>
        <shrsOrPrnAmt>
            <sshPrnamt>36000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>36000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INTUITIVE SURGICAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>46120E602</cusip>
        <value>23642871</value>
        <shrsOrPrnAmt>
            <sshPrnamt>59452</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>59452</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>INVESCO LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G491BT108</cusip>
        <value>5673850</value>
        <shrsOrPrnAmt>
            <sshPrnamt>215000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>215000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>IRENIC ACQUISITION CORP</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>G4939F115</cusip>
        <value>5007913</value>
        <shrsOrPrnAmt>
            <sshPrnamt>492900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>492900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>IRIDIUM COMMUNICATIONS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>46269C102</cusip>
        <value>564955</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ITT INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>45073V108</cusip>
        <value>84384785</value>
        <shrsOrPrnAmt>
            <sshPrnamt>426703</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>426703</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>JABIL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>466313103</cusip>
        <value>2978604</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7727</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7727</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>JACKSON ACQUISITION CO II - RIGHTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G4992A136</cusip>
        <value>39099</value>
        <shrsOrPrnAmt>
            <sshPrnamt>278880</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>278880</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>JACKSON ACQUISITION CO-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G4992A110</cusip>
        <value>1382136</value>
        <shrsOrPrnAmt>
            <sshPrnamt>129900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>129900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>JAKKS PACIFIC INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>47012E403</cusip>
        <value>4388094</value>
        <shrsOrPrnAmt>
            <sshPrnamt>188492</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>188492</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>JANUS HENDERSON GROUP LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G4474Y214</cusip>
        <value>35367144</value>
        <shrsOrPrnAmt>
            <sshPrnamt>680792</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>680792</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>JEFFERIES FINANCIAL GROUP IN</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>47233W109</cusip>
        <value>6108056</value>
        <shrsOrPrnAmt>
            <sshPrnamt>122210</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>122210</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>JM SMUCKER CO/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>832696405</cusip>
        <value>15283125</value>
        <shrsOrPrnAmt>
            <sshPrnamt>135850</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>135850</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>JOHN B. SANFILIPPO &amp; SON INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>800422107</cusip>
        <value>1633810</value>
        <shrsOrPrnAmt>
            <sshPrnamt>19000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>19000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>JOHNSON &amp; JOHNSON</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>478160104</cusip>
        <value>32334698</value>
        <shrsOrPrnAmt>
            <sshPrnamt>127317</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>127317</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>JOHNSON CONTROLS INTERNATION</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G51502105</cusip>
        <value>50856654</value>
        <shrsOrPrnAmt>
            <sshPrnamt>348071</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>348071</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>JOHNSON OUTDOORS INC-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>479167108</cusip>
        <value>876417</value>
        <shrsOrPrnAmt>
            <sshPrnamt>19036</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>19036</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>JPMORGAN CHASE &amp; CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>46625H100</cusip>
        <value>93384630</value>
        <shrsOrPrnAmt>
            <sshPrnamt>285292</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>285292</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KAILERA THERAPEUTICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>482931102</cusip>
        <value>220300</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KAISER ALUMINUM CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>483007704</cusip>
        <value>2402336</value>
        <shrsOrPrnAmt>
            <sshPrnamt>12280</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>12280</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KB HOME</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>48666K109</cusip>
        <value>7107783</value>
        <shrsOrPrnAmt>
            <sshPrnamt>113561</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>113561</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KENNAMETAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>489170100</cusip>
        <value>5222450</value>
        <shrsOrPrnAmt>
            <sshPrnamt>149000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>149000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KENVUE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>49177J102</cusip>
        <value>15949875</value>
        <shrsOrPrnAmt>
            <sshPrnamt>834635</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>834635</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KEURIG DR PEPPER INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>49271V100</cusip>
        <value>6258009</value>
        <shrsOrPrnAmt>
            <sshPrnamt>191201</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>191201</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KEYCORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>493267108</cusip>
        <value>1452150</value>
        <shrsOrPrnAmt>
            <sshPrnamt>63000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>63000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KIMBALL ELECTRONICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>49428J109</cusip>
        <value>873062</value>
        <shrsOrPrnAmt>
            <sshPrnamt>34104</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>34104</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KIMBELL ROYALTY PARTNERS LP</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>49435R102</cusip>
        <value>2252150</value>
        <shrsOrPrnAmt>
            <sshPrnamt>155000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>155000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KIMBERLY-CLARK CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>494368103</cusip>
        <value>5587842</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50905</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>50905</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KINDER MORGAN INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>49456B101</cusip>
        <value>25474367</value>
        <shrsOrPrnAmt>
            <sshPrnamt>796821</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>796821</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KINIKSA PHARMACEUTICALS INTE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G52694109</cusip>
        <value>239813</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3750</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3750</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KINROSS GOLD CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>496902404</cusip>
        <value>48071424</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2035200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2035200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KINS TECH GROUP CL A -CW25</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>23248B117</cusip>
        <value>4671</value>
        <shrsOrPrnAmt>
            <sshPrnamt>81946</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>81946</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KKR &amp; CO INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>48251W104</cusip>
        <value>74924328</value>
        <shrsOrPrnAmt>
            <sshPrnamt>816347</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>816347</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KLA CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>482480100</cusip>
        <value>301710</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KNIFE RIVER CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>498894104</cusip>
        <value>10937488</value>
        <shrsOrPrnAmt>
            <sshPrnamt>130753</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>130753</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KONINKLIJKE PHILIPS NVR- NY</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>500472303</cusip>
        <value>1059078</value>
        <shrsOrPrnAmt>
            <sshPrnamt>38951</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>38951</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KONTOOR BRANDS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>50050N103</cusip>
        <value>5711207</value>
        <shrsOrPrnAmt>
            <sshPrnamt>68529</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>68529</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KOREA ELEC POWER CORP-SP ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>500631106</cusip>
        <value>4610100</value>
        <shrsOrPrnAmt>
            <sshPrnamt>381000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>381000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KRAFT HEINZ CO/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>500754106</cusip>
        <value>7827668</value>
        <shrsOrPrnAmt>
            <sshPrnamt>331400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>331400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KRATOS DEFENSE &amp; SECURITY</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>50077B207</cusip>
        <value>1113075</value>
        <shrsOrPrnAmt>
            <sshPrnamt>22324</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>22324</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KRISPY KREME INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>50101L106</cusip>
        <value>305345</value>
        <shrsOrPrnAmt>
            <sshPrnamt>86500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>86500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KROGER CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>501044101</cusip>
        <value>7230006</value>
        <shrsOrPrnAmt>
            <sshPrnamt>130200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>130200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>KYNDRYL HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>50155Q100</cusip>
        <value>662257</value>
        <shrsOrPrnAmt>
            <sshPrnamt>58555</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>58555</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>L3HARRIS TECHNOLOGIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>502431109</cusip>
        <value>39840180</value>
        <shrsOrPrnAmt>
            <sshPrnamt>137101</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>137101</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LABCORP HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>504922105</cusip>
        <value>7685160</value>
        <shrsOrPrnAmt>
            <sshPrnamt>27447</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>27447</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LAFAYETTE DIGITAL ACQ.-WARRANTS</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>G5345D115</cusip>
        <value>20791</value>
        <shrsOrPrnAmt>
            <sshPrnamt>61150</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>61150</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LAFAYETTE DIGITAL ACQUISITIO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G5345D107</cusip>
        <value>2438662</value>
        <shrsOrPrnAmt>
            <sshPrnamt>244600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>244600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LAKESHORE ACQUISITION III CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G5353S103</cusip>
        <value>728700</value>
        <shrsOrPrnAmt>
            <sshPrnamt>70000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>70000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LAKESHORE ACQUISITION III CO - RIGHTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G5353S137</cusip>
        <value>17220</value>
        <shrsOrPrnAmt>
            <sshPrnamt>86100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>86100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LAM RESEARCH CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>512807306</cusip>
        <value>1185158</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2735</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2735</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LAMAR ADVERTISING CO-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>512816109</cusip>
        <value>11538309</value>
        <shrsOrPrnAmt>
            <sshPrnamt>73973</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>73973</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LAMB WESTON HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>513272104</cusip>
        <value>2039089</value>
        <shrsOrPrnAmt>
            <sshPrnamt>47223</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>47223</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LANDS' END INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>51509F105</cusip>
        <value>518079</value>
        <shrsOrPrnAmt>
            <sshPrnamt>49435</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>49435</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LANTHEUS HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>516544103</cusip>
        <value>2662560</value>
        <shrsOrPrnAmt>
            <sshPrnamt>24000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>24000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LANTRONIX INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>516548203</cusip>
        <value>141120</value>
        <shrsOrPrnAmt>
            <sshPrnamt>24000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>24000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LAS VEGAS SANDS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>517834107</cusip>
        <value>471138</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LA-Z-BOY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>505336107</cusip>
        <value>1957856</value>
        <shrsOrPrnAmt>
            <sshPrnamt>48800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>48800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LCI INDUSTRIES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>50189K103</cusip>
        <value>317640</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LEAR CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>521865204</cusip>
        <value>536240</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>4000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LEE ENTERPRISES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>523768406</cusip>
        <value>1964023</value>
        <shrsOrPrnAmt>
            <sshPrnamt>219199</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>219199</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LEGACY HOUSING CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>52472M101</cusip>
        <value>4876763</value>
        <shrsOrPrnAmt>
            <sshPrnamt>185640</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>185640</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LEIDOS HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>525327102</cusip>
        <value>1232036</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11965</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>11965</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LEMAITRE VASCULAR INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>525558201</cusip>
        <value>959600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LENNAR CORP - B SHS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>526057302</cusip>
        <value>100969722</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1138200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1138200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LENSAR INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>52634L108</cusip>
        <value>336890</value>
        <shrsOrPrnAmt>
            <sshPrnamt>59000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>59000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LEONARDO DRS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>52661A108</cusip>
        <value>385950</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9045</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>9045</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIBERTY BROAD A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>530307107</cusip>
        <value>3072509</value>
        <shrsOrPrnAmt>
            <sshPrnamt>92323</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>92323</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIBERTY BROAD C</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>530307305</cusip>
        <value>9352945</value>
        <shrsOrPrnAmt>
            <sshPrnamt>281207</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>281207</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIBERTY CAPITAL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>36164V602</cusip>
        <value>446541</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20390</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20390</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIBERTY CAPITAL CORP-CL C</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>36164V800</cusip>
        <value>3109254</value>
        <shrsOrPrnAmt>
            <sshPrnamt>144214</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>144214</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIBERTY GLOBAL LTD-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G61188101</cusip>
        <value>16211119</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1425780</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1425780</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIBERTY GLOBAL LTD-C</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G61188127</cusip>
        <value>12340504</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1121864</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1121864</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIBERTY LATIN AMER A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G9001E102</cusip>
        <value>6656199</value>
        <shrsOrPrnAmt>
            <sshPrnamt>849005</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>849005</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIBERTY LATIN AMER C</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G9001E128</cusip>
        <value>1391886</value>
        <shrsOrPrnAmt>
            <sshPrnamt>178676</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>178676</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIBERTY LIVE HOLDINGS-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>530909100</cusip>
        <value>6698957</value>
        <shrsOrPrnAmt>
            <sshPrnamt>66156</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>66156</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIBERTY LIVE HOLDINGS-C</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>530909308</cusip>
        <value>18281213</value>
        <shrsOrPrnAmt>
            <sshPrnamt>173052</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>173052</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIBERTY MEDIA CORP C NEW -LIB-NEW-C</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>531229755</cusip>
        <value>10974399</value>
        <shrsOrPrnAmt>
            <sshPrnamt>115350</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>115350</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIBERTY MEDIA CORP-FORMULA-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>531229771</cusip>
        <value>13289097</value>
        <shrsOrPrnAmt>
            <sshPrnamt>151806</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>151806</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIFECORE BIOMEDICAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>514766104</cusip>
        <value>70875</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIFETIME BRANDS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>53222Q103</cusip>
        <value>106625</value>
        <shrsOrPrnAmt>
            <sshPrnamt>12500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>12500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIFEWAY FOODS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>531914109</cusip>
        <value>208880</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIGHTWAVE ACQUISITION CORP-WARRANTS</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>G5490M126</cusip>
        <value>6911</value>
        <shrsOrPrnAmt>
            <sshPrnamt>22300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>22300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIMONEIRA CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>532746104</cusip>
        <value>1962935</value>
        <shrsOrPrnAmt>
            <sshPrnamt>149500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>149500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LINCOLN ELECTRIC HOLDINGS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>533900106</cusip>
        <value>9691115</value>
        <shrsOrPrnAmt>
            <sshPrnamt>36500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>36500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LINDE PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G54950103</cusip>
        <value>2828223</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5450</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5450</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LINDSAY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>535555106</cusip>
        <value>3714000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>30000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>30000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIONSGATE STUDIOS HOLDING CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>53626N102</cusip>
        <value>11231416</value>
        <shrsOrPrnAmt>
            <sshPrnamt>733600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>733600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LITTELFUSE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>537008104</cusip>
        <value>2823046</value>
        <shrsOrPrnAmt>
            <sshPrnamt>6200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>6200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIVE NATION ENTERTAINMEN 2.875 01/15/30 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>538034BC2</cusip>
        <value>5746512</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4800000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>4800000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIVE NATION ENTERTAINMENT IN</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>538034109</cusip>
        <value>8339562</value>
        <shrsOrPrnAmt>
            <sshPrnamt>45544</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>45544</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LIVERAMP HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>53815P108</cusip>
        <value>10007987</value>
        <shrsOrPrnAmt>
            <sshPrnamt>265887</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>265887</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LKQ CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>501889208</cusip>
        <value>1234877</value>
        <shrsOrPrnAmt>
            <sshPrnamt>46900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>46900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LOCKHEED MARTIN CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>539830109</cusip>
        <value>10152009</value>
        <shrsOrPrnAmt>
            <sshPrnamt>19927</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>19927</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LOEWS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>540424108</cusip>
        <value>26208115</value>
        <shrsOrPrnAmt>
            <sshPrnamt>231500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>231500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LOWE'S COS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>548661107</cusip>
        <value>6471382</value>
        <shrsOrPrnAmt>
            <sshPrnamt>29350</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>29350</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LPL FINANCIAL HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>50212V100</cusip>
        <value>879405</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3122</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3122</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>LUCID DIAGNOSTICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>54948X109</cusip>
        <value>20865</value>
        <shrsOrPrnAmt>
            <sshPrnamt>19500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>19500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>M &amp; T BANK CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>55261F104</cusip>
        <value>11071749</value>
        <shrsOrPrnAmt>
            <sshPrnamt>46518</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>46518</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>M3-BRIGADE ACQUISITION -30</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>G63212115</cusip>
        <value>7863</value>
        <shrsOrPrnAmt>
            <sshPrnamt>21250</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>21250</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>M3-BRIGADE ACQUISITION V-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G63212107</cusip>
        <value>350892</value>
        <shrsOrPrnAmt>
            <sshPrnamt>32400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>32400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>M3-BRIGADE ACQUISITION VI - WARRANTS</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>G63221116</cusip>
        <value>30746</value>
        <shrsOrPrnAmt>
            <sshPrnamt>76866</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>76866</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>M3-BRIGADE ACQUISITION-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G63221108</cusip>
        <value>2082728</value>
        <shrsOrPrnAmt>
            <sshPrnamt>205600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>205600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MACY'S INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>55616P104</cusip>
        <value>2927265</value>
        <shrsOrPrnAmt>
            <sshPrnamt>124300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>124300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MADISON SQUARE GARDEN ENTERT</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>558256103</cusip>
        <value>40360227</value>
        <shrsOrPrnAmt>
            <sshPrnamt>498952</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>498952</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MADISON SQUARE GARDEN SPORTS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>55825T103</cusip>
        <value>157211060</value>
        <shrsOrPrnAmt>
            <sshPrnamt>391228</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>391228</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MAGNACHIP SEMICONDUCTOR CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>55933J203</cusip>
        <value>102499</value>
        <shrsOrPrnAmt>
            <sshPrnamt>21670</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>21670</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MAGNITE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>55955D100</cusip>
        <value>964564</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50820</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>50820</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MAGNOLIA OIL &amp; GAS CORP - A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>559663109</cusip>
        <value>1279000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>50000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MANCHESTER UNITED PLC-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G5784H106</cusip>
        <value>14045794</value>
        <shrsOrPrnAmt>
            <sshPrnamt>612551</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>612551</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MANITOWOC COMPANY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>563571405</cusip>
        <value>1100088</value>
        <shrsOrPrnAmt>
            <sshPrnamt>79200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>79200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MARATHON PETROLEUM CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>56585A102</cusip>
        <value>52719154</value>
        <shrsOrPrnAmt>
            <sshPrnamt>206200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>206200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MARCUS CORPORATION</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>566330106</cusip>
        <value>4433940</value>
        <shrsOrPrnAmt>
            <sshPrnamt>189000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>189000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MARINEMAX INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>567908108</cusip>
        <value>247954</value>
        <shrsOrPrnAmt>
            <sshPrnamt>6771</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>6771</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MARKEL GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>570535104</cusip>
        <value>312482</value>
        <shrsOrPrnAmt>
            <sshPrnamt>160</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>160</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MARRIOTT INTERNATIONAL -CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>571903202</cusip>
        <value>1297065</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MARSH &amp; MCLENNAN COS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>571748102</cusip>
        <value>10116869</value>
        <shrsOrPrnAmt>
            <sshPrnamt>60700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>60700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MARTIN MARIETTA MATERIALS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>573284106</cusip>
        <value>2883500</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MARVELL TECHNOLOGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>573874104</cusip>
        <value>269590</value>
        <shrsOrPrnAmt>
            <sshPrnamt>905</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>905</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MASTERBRAND INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>57638P104</cusip>
        <value>1364660</value>
        <shrsOrPrnAmt>
            <sshPrnamt>132620</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>132620</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MASTERCARD INC - A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>57636Q104</cusip>
        <value>169589693</value>
        <shrsOrPrnAmt>
            <sshPrnamt>330198</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>330198</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MASTERCRAFT BOAT HOLDINGS IN</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>57637H103</cusip>
        <value>1392731</value>
        <shrsOrPrnAmt>
            <sshPrnamt>53940</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>53940</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MATERION CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>576690101</cusip>
        <value>594780</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MATIV HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>808541106</cusip>
        <value>266464</value>
        <shrsOrPrnAmt>
            <sshPrnamt>35200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>35200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MATTEL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>577081102</cusip>
        <value>555200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>40000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>40000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MATTHEWS INTL CORP-CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>577128101</cusip>
        <value>4458867</value>
        <shrsOrPrnAmt>
            <sshPrnamt>165634</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>165634</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MCCORMICK &amp; CO INC VTG COM</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>579780107</cusip>
        <value>656500</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MCCORMICK &amp; CO-NON VTG SHRS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>579780206</cusip>
        <value>2193270</value>
        <shrsOrPrnAmt>
            <sshPrnamt>43500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>43500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MCGRATH RENTCORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>580589109</cusip>
        <value>7429548</value>
        <shrsOrPrnAmt>
            <sshPrnamt>61386</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>61386</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MCKESSON CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>58155Q103</cusip>
        <value>4473152</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5920</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5920</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MDU RESOURCES GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>552690109</cusip>
        <value>7386552</value>
        <shrsOrPrnAmt>
            <sshPrnamt>348258</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>348258</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MEDALLION FINANCIAL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>583928106</cusip>
        <value>796380</value>
        <shrsOrPrnAmt>
            <sshPrnamt>78000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>78000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MEDPACE HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>58506Q109</cusip>
        <value>397193</value>
        <shrsOrPrnAmt>
            <sshPrnamt>750</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>750</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MEDTRONIC PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G5960L103</cusip>
        <value>3207430</value>
        <shrsOrPrnAmt>
            <sshPrnamt>41000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>41000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MELCO RESORTS &amp; ENTERT-ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>585464100</cusip>
        <value>131750</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MERCADOLIBRE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>58733R102</cusip>
        <value>1269648</value>
        <shrsOrPrnAmt>
            <sshPrnamt>748</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>748</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MERCK &amp; CO. INC.</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>58933Y105</cusip>
        <value>37097950</value>
        <shrsOrPrnAmt>
            <sshPrnamt>288700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>288700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MERCURY SYSTEMS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>589378108</cusip>
        <value>4079583</value>
        <shrsOrPrnAmt>
            <sshPrnamt>33349</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>33349</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MESA LABORATORIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>59064R109</cusip>
        <value>6221775</value>
        <shrsOrPrnAmt>
            <sshPrnamt>62499</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>62499</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>META PLATFORMS INC-CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>30303M102</cusip>
        <value>95364434</value>
        <shrsOrPrnAmt>
            <sshPrnamt>169299</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>169299</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>METALLUS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>887399103</cusip>
        <value>1196160</value>
        <shrsOrPrnAmt>
            <sshPrnamt>64000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>64000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>METTLER-TOLEDO INTERNATIONAL</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>592688105</cusip>
        <value>3193775</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MGE ENERGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>55277P104</cusip>
        <value>41887098</value>
        <shrsOrPrnAmt>
            <sshPrnamt>513700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>513700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MGM RESORTS INTERNATIONAL</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>552953101</cusip>
        <value>12299123</value>
        <shrsOrPrnAmt>
            <sshPrnamt>257250</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>257250</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MICROCHIP TECHNOLOGY INC 7.500 03/15/28 CVT</nameOfIssuer>
        <titleOfClass>PREFERRED CONVER</titleOfClass>
        <cusip>595017302</cusip>
        <value>9780525</value>
        <shrsOrPrnAmt>
            <sshPrnamt>127500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>127500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MICRON TECHNOLOGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>595112103</cusip>
        <value>48616386</value>
        <shrsOrPrnAmt>
            <sshPrnamt>42118</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>42118</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MICROSOFT CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>594918104</cusip>
        <value>181025487</value>
        <shrsOrPrnAmt>
            <sshPrnamt>485297</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>485297</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MIDDLEBY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>596278101</cusip>
        <value>8600500</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>50000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MIDDLESEX WATER CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>596680108</cusip>
        <value>1086696</value>
        <shrsOrPrnAmt>
            <sshPrnamt>19350</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>19350</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MILLICOM INTL CELLULAR S.A.</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>L6388F110</cusip>
        <value>23951564</value>
        <shrsOrPrnAmt>
            <sshPrnamt>263900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>263900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MILLROSE PROPERTIES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>601137102</cusip>
        <value>15932149</value>
        <shrsOrPrnAmt>
            <sshPrnamt>530188</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>530188</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MINERALS TECHNOLOGIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>603158106</cusip>
        <value>7243882</value>
        <shrsOrPrnAmt>
            <sshPrnamt>97930</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>97930</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MIRION TECHNOLOGIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>60471A101</cusip>
        <value>6296299</value>
        <shrsOrPrnAmt>
            <sshPrnamt>351160</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>351160</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MISSION PRODUCE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>60510V108</cusip>
        <value>912004</value>
        <shrsOrPrnAmt>
            <sshPrnamt>77354</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>77354</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MKS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>55306N104</cusip>
        <value>14233600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>32000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>32000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MODERNA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>60770K107</cusip>
        <value>2065885</value>
        <shrsOrPrnAmt>
            <sshPrnamt>29500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>29500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MODINE MANUFACTURING CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>607828100</cusip>
        <value>37996946</value>
        <shrsOrPrnAmt>
            <sshPrnamt>142300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>142300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MOELIS &amp; CO - CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>60786M105</cusip>
        <value>3006049</value>
        <shrsOrPrnAmt>
            <sshPrnamt>45950</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>45950</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MOLSON COORS BEVERAGE CO - B</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>60871R209</cusip>
        <value>8827713</value>
        <shrsOrPrnAmt>
            <sshPrnamt>226584</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>226584</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MONDELEZ INTERNATIONAL INC-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>609207105</cusip>
        <value>37662516</value>
        <shrsOrPrnAmt>
            <sshPrnamt>651150</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>651150</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MONOPAR THERAPEUTICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>61023L207</cusip>
        <value>231475</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MONRO INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>610236101</cusip>
        <value>10161834</value>
        <shrsOrPrnAmt>
            <sshPrnamt>593912</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>593912</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MOODY'S CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>615369105</cusip>
        <value>24592650</value>
        <shrsOrPrnAmt>
            <sshPrnamt>54298</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>54298</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MOOG INC-CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>615394202</cusip>
        <value>38703797</value>
        <shrsOrPrnAmt>
            <sshPrnamt>91317</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>91317</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MOOG INC-CLASS B</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>615394301</cusip>
        <value>7779438</value>
        <shrsOrPrnAmt>
            <sshPrnamt>18212</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>18212</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MORGAN STANLEY</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>617446448</cusip>
        <value>36163293</value>
        <shrsOrPrnAmt>
            <sshPrnamt>172997</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>172997</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MOSAIC CO/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>61945C103</cusip>
        <value>1551108</value>
        <shrsOrPrnAmt>
            <sshPrnamt>73200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>73200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MOTOROLA SOLUTIONS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>620076307</cusip>
        <value>898688</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2164</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2164</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MOVADO GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>624580106</cusip>
        <value>2712390</value>
        <shrsOrPrnAmt>
            <sshPrnamt>69000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>69000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MSA SAFETY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>553498106</cusip>
        <value>1047480</value>
        <shrsOrPrnAmt>
            <sshPrnamt>6000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>6000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MSC INDUSTRIAL DIRECT CO-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>553530106</cusip>
        <value>1463085</value>
        <shrsOrPrnAmt>
            <sshPrnamt>12300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>12300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MUELLER INDUSTRIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>624756102</cusip>
        <value>130169471</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1058891</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1058891</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MUELLER WATER PRODUCTS INC-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>624758108</cusip>
        <value>17966082</value>
        <shrsOrPrnAmt>
            <sshPrnamt>695551</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>695551</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MYERS INDUSTRIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>628464109</cusip>
        <value>50939972</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1442650</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1442650</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>MYR GROUP INC/DELAWARE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>55405W104</cusip>
        <value>4003200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>8000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>N-ABLE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>62878D100</cusip>
        <value>426880</value>
        <shrsOrPrnAmt>
            <sshPrnamt>116316</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>116316</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NAPCO SECURITY TECHNOLOGIES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>630402105</cusip>
        <value>698832</value>
        <shrsOrPrnAmt>
            <sshPrnamt>18400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>18400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NASDAQ INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>631103108</cusip>
        <value>207060</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2627</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2627</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NATHAN'S FAMOUS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>632347100</cusip>
        <value>18288000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>180000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>180000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NATIONAL BEVERAGE CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>635017106</cusip>
        <value>1372800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>44000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>44000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NATIONAL FUEL GAS CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>636180101</cusip>
        <value>179618487</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2326363</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2326363</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NATIONAL GRID PLC-SP ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>636274409</cusip>
        <value>9886391</value>
        <shrsOrPrnAmt>
            <sshPrnamt>119300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>119300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NATIONAL PRESTO INDS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>637215104</cusip>
        <value>3181245</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25452</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25452</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NATIONAL STORAGE AFFILIATES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>637870106</cusip>
        <value>1380171</value>
        <shrsOrPrnAmt>
            <sshPrnamt>31036</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>31036</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NAVIENT CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>63938C108</cusip>
        <value>1276500</value>
        <shrsOrPrnAmt>
            <sshPrnamt>150000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>150000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NAVIGATOR HOLDINGS LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>Y62132108</cusip>
        <value>2235600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>120000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>120000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NCR ATLEOS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>63001N106</cusip>
        <value>5348676</value>
        <shrsOrPrnAmt>
            <sshPrnamt>123213</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>123213</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NCR VOYIX CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>62886E108</cusip>
        <value>209765</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25675</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25675</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NEKTAR THERAPEUTICS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>640268306</cusip>
        <value>366503</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5250</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5250</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NEOGEN CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>640491106</cusip>
        <value>1141730</value>
        <shrsOrPrnAmt>
            <sshPrnamt>127000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>127000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NEOGENOMICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>64049M209</cusip>
        <value>1597605</value>
        <shrsOrPrnAmt>
            <sshPrnamt>109500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>109500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NETFLIX INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>64110L106</cusip>
        <value>58674235</value>
        <shrsOrPrnAmt>
            <sshPrnamt>821768</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>821768</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NETSCOUT SYSTEMS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>64115T104</cusip>
        <value>4355000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>100000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>100000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NEURONETICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>64131A105</cusip>
        <value>49400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>38000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>38000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NEW ERA HELIUM INC -29</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>64428N117</cusip>
        <value>36805</value>
        <shrsOrPrnAmt>
            <sshPrnamt>12824</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>12824</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NEW GERMANY FUND INC/THE</nameOfIssuer>
        <titleOfClass>EXCHANGE TRADED</titleOfClass>
        <cusip>644465106</cusip>
        <value>2922300</value>
        <shrsOrPrnAmt>
            <sshPrnamt>255000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>255000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NEW HORIZON AIRCRAFT LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>64550A107</cusip>
        <value>66259</value>
        <shrsOrPrnAmt>
            <sshPrnamt>33634</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>33634</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NEW JERSEY RESOURCES CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>646025106</cusip>
        <value>784560</value>
        <shrsOrPrnAmt>
            <sshPrnamt>14000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>14000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NEWMARKET CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>651587107</cusip>
        <value>5855176</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NEWMONT CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>651639106</cusip>
        <value>194778041</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2085418</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2085418</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NEWS CORP - CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>65249B109</cusip>
        <value>6406140</value>
        <shrsOrPrnAmt>
            <sshPrnamt>258000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>258000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NEWS CORP - CLASS B</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>65249B208</cusip>
        <value>2693760</value>
        <shrsOrPrnAmt>
            <sshPrnamt>96000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>96000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NEXSTAR MEDIA GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>65336K103</cusip>
        <value>20494810</value>
        <shrsOrPrnAmt>
            <sshPrnamt>114759</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>114759</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NEXTERA ENERGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>65339F101</cusip>
        <value>164836010</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1878045</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1878045</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NEXTERA ENERGY INC 7.234 11/01/27 CVT</nameOfIssuer>
        <titleOfClass>PREFERRED CONVER</titleOfClass>
        <cusip>65339F119</cusip>
        <value>6361600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>128000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>128000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NEXTERA ENERGY INC 7.375 02/15/29 CVT</nameOfIssuer>
        <titleOfClass>PREFERRED CONVER</titleOfClass>
        <cusip>65339F655</cusip>
        <value>1917600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>40000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>40000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NEXTPOWER INC-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>65290E101</cusip>
        <value>480611</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4034</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>4034</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NIAGEN BIOSCIENCE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>171077407</cusip>
        <value>789525</value>
        <shrsOrPrnAmt>
            <sshPrnamt>247500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>247500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NIKE INC -CL B</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>654106103</cusip>
        <value>309353</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7536</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7536</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NIQ GLOBAL INTELLIGENCE PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G63755105</cusip>
        <value>2561900</value>
        <shrsOrPrnAmt>
            <sshPrnamt>274000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>274000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NISOURCE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>65473P105</cusip>
        <value>18663375</value>
        <shrsOrPrnAmt>
            <sshPrnamt>392500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>392500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NLIGHT INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>65487K100</cusip>
        <value>2297460</value>
        <shrsOrPrnAmt>
            <sshPrnamt>33000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>33000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NMP ACQUISITION CORP - RIGHTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G6375X112</cusip>
        <value>31718</value>
        <shrsOrPrnAmt>
            <sshPrnamt>179400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>179400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NN INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>629337106</cusip>
        <value>218990</value>
        <shrsOrPrnAmt>
            <sshPrnamt>61000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>61000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NOMAD FOODS LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G6564A105</cusip>
        <value>306600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>28000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>28000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NORDSON CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>655663102</cusip>
        <value>1297267</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>4300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NORFOLK SOUTHERN CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>655844108</cusip>
        <value>17259037</value>
        <shrsOrPrnAmt>
            <sshPrnamt>54862</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>54862</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NORTHERN TRUST CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>665859104</cusip>
        <value>10291328</value>
        <shrsOrPrnAmt>
            <sshPrnamt>59200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>59200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NORTHROP GRUMMAN CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>666807102</cusip>
        <value>14744015</value>
        <shrsOrPrnAmt>
            <sshPrnamt>28949</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>28949</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NORTHWEST NATURAL HOLDING CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>66765N105</cusip>
        <value>25511200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>520000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>520000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NORTHWESTERN ENERGY GROUP IN</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>668074305</cusip>
        <value>38617504</value>
        <shrsOrPrnAmt>
            <sshPrnamt>539200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>539200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NOV INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>62955J103</cusip>
        <value>1481737</value>
        <shrsOrPrnAmt>
            <sshPrnamt>79878</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>79878</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NOVARTIS AG-SPONSORED ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>66987V109</cusip>
        <value>11832360</value>
        <shrsOrPrnAmt>
            <sshPrnamt>75500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>75500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NRG ENERGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>629377508</cusip>
        <value>5608850</value>
        <shrsOrPrnAmt>
            <sshPrnamt>38401</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>38401</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NUTRIEN LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>67077M108</cusip>
        <value>2241020</value>
        <shrsOrPrnAmt>
            <sshPrnamt>35600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>35600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NUVALENT INC-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>670703107</cusip>
        <value>13695656</value>
        <shrsOrPrnAmt>
            <sshPrnamt>110896</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>110896</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NUVATION BIO INC 0.750 07/01/32 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>67080NAA9</cusip>
        <value>1400000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1400000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1400000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NVENT ELECTRIC PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G6700G107</cusip>
        <value>11377439</value>
        <shrsOrPrnAmt>
            <sshPrnamt>67080</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>67080</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NVIDIA CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>67066G104</cusip>
        <value>258380019</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1291319</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1291319</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NVR INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>62944T105</cusip>
        <value>7494740</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NXP SEMICONDUCTORS NV</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>N6596X109</cusip>
        <value>2360652</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>8400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OCCIDENTAL PETROLEUM CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>674599105</cusip>
        <value>8432092</value>
        <shrsOrPrnAmt>
            <sshPrnamt>173607</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>173607</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OCCIDENTAL PETROLEUM WTS 08/03/2027</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>674599162</cusip>
        <value>266407</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10004</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10004</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OCEAN CAPITAL ACQUISITION CO</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>G66903132</cusip>
        <value>157031</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15350</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15350</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OCEANAGOLD CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>675222400</cusip>
        <value>21936816</value>
        <shrsOrPrnAmt>
            <sshPrnamt>875498</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>875498</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OCEANEERING INTL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>675232102</cusip>
        <value>7864081</value>
        <shrsOrPrnAmt>
            <sshPrnamt>194079</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>194079</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OCEANFIRST FINANCIAL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>675234108</cusip>
        <value>10486634</value>
        <shrsOrPrnAmt>
            <sshPrnamt>536950</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>536950</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OGE ENERGY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>670837103</cusip>
        <value>53603856</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1101600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1101600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OIL-DRI CORP OF AMERICA</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>677864100</cusip>
        <value>16496694</value>
        <shrsOrPrnAmt>
            <sshPrnamt>161400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>161400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OLAPLEX HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>679369108</cusip>
        <value>1160610</value>
        <shrsOrPrnAmt>
            <sshPrnamt>566151</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>566151</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OLD NATIONAL BANCORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>680033107</cusip>
        <value>1295000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>50000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OLD REPUBLIC INTL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>680223104</cusip>
        <value>6486557</value>
        <shrsOrPrnAmt>
            <sshPrnamt>158518</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>158518</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OLIN CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>680665205</cusip>
        <value>4366049</value>
        <shrsOrPrnAmt>
            <sshPrnamt>220285</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>220285</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OMNICELL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>68213N109</cusip>
        <value>1245600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>30000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>30000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OMNICOM GROUP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>681919106</cusip>
        <value>2479570</value>
        <shrsOrPrnAmt>
            <sshPrnamt>34046</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>34046</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ON SEMICONDUCTOR CORP 0.500 03/01/29 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>682189AU9</cusip>
        <value>4648336</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3850000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3850000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ONE GAS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>68235P108</cusip>
        <value>14704956</value>
        <shrsOrPrnAmt>
            <sshPrnamt>190800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>190800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ONEIM ACQUISITION CL-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G6S74K106</cusip>
        <value>486381</value>
        <shrsOrPrnAmt>
            <sshPrnamt>48300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>48300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ONEOK INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>682680103</cusip>
        <value>73757723</value>
        <shrsOrPrnAmt>
            <sshPrnamt>848375</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>848375</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OPEN LENDING CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>68373J104</cusip>
        <value>2823725</value>
        <shrsOrPrnAmt>
            <sshPrnamt>907950</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>907950</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OPENLANE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>48238T109</cusip>
        <value>10681160</value>
        <shrsOrPrnAmt>
            <sshPrnamt>259000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>259000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OPERA LTD-ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>68373M107</cusip>
        <value>1502698</value>
        <shrsOrPrnAmt>
            <sshPrnamt>75779</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>75779</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OPKO HEALTH INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>68375N103</cusip>
        <value>255000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>170000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>170000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OPTION CARE HEALTH INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>68404L201</cusip>
        <value>6198732</value>
        <shrsOrPrnAmt>
            <sshPrnamt>295600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>295600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OR ROYALTIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>68390D106</cusip>
        <value>5014589</value>
        <shrsOrPrnAmt>
            <sshPrnamt>158539</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>158539</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ORACLE CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>68389X105</cusip>
        <value>17094911</value>
        <shrsOrPrnAmt>
            <sshPrnamt>116649</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>116649</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ORACLE CORP 6.500 01/15/29 SR:D CVT</nameOfIssuer>
        <titleOfClass>PREFERRED CONVER</titleOfClass>
        <cusip>68389X204</cusip>
        <value>4270250</value>
        <shrsOrPrnAmt>
            <sshPrnamt>95000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>95000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>O'REILLY AUTOMOTIVE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>67103H107</cusip>
        <value>94554144</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1026758</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1026758</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ORGANON &amp; CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>68622V106</cusip>
        <value>12929481</value>
        <shrsOrPrnAmt>
            <sshPrnamt>954910</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>954910</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ORION PROPERTIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>68629Y103</cusip>
        <value>34680</value>
        <shrsOrPrnAmt>
            <sshPrnamt>12000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>12000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ORLA MINING LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>68634K106</cusip>
        <value>18431633</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1882700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1882700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ORMAT TECHNOLOGIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>686688102</cusip>
        <value>10394505</value>
        <shrsOrPrnAmt>
            <sshPrnamt>95450</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>95450</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ORTHOFIX MEDICAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>68752M108</cusip>
        <value>999002</value>
        <shrsOrPrnAmt>
            <sshPrnamt>109300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>109300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OSHKOSH CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>688239201</cusip>
        <value>7435646</value>
        <shrsOrPrnAmt>
            <sshPrnamt>48447</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>48447</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OSI SYSTEMS INC 2.250 08/01/29 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>671044AF2</cusip>
        <value>6623402</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5025000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5025000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OTG ACQUISITION CORP I WARRANTS</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>G6791A118</cusip>
        <value>46160</value>
        <shrsOrPrnAmt>
            <sshPrnamt>115400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>115400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OTG ACQUISITION CORP I-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G6791A100</cusip>
        <value>2088870</value>
        <shrsOrPrnAmt>
            <sshPrnamt>205800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>205800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OTIS WORLDWIDE CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>68902V107</cusip>
        <value>286400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>4000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OTTER TAIL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>689648103</cusip>
        <value>41588756</value>
        <shrsOrPrnAmt>
            <sshPrnamt>462200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>462200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OUTFRONT MEDIA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>69007J304</cusip>
        <value>9800482</value>
        <shrsOrPrnAmt>
            <sshPrnamt>299160</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>299160</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OXFORD INDUSTRIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>691497309</cusip>
        <value>697400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OXLEY BRIDGE ACQ LTD-WARRANTS</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>G6858G115</cusip>
        <value>6055</value>
        <shrsOrPrnAmt>
            <sshPrnamt>27954</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>27954</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OXLEY BRIDGE ACQUISITIO-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G6858G107</cusip>
        <value>571380</value>
        <shrsOrPrnAmt>
            <sshPrnamt>55908</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>55908</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OYSTER ENTERPRISES II ACQ - RIGHTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G6861F138</cusip>
        <value>21943</value>
        <shrsOrPrnAmt>
            <sshPrnamt>199300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>199300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OYSTER ENTERPRISES II ACQ-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G6861F104</cusip>
        <value>1793547</value>
        <shrsOrPrnAmt>
            <sshPrnamt>174300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>174300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>P G &amp; E CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>69331C108</cusip>
        <value>5617880</value>
        <shrsOrPrnAmt>
            <sshPrnamt>334000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>334000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PACCAR INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>693718108</cusip>
        <value>41561520</value>
        <shrsOrPrnAmt>
            <sshPrnamt>346000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>346000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PACIFIC BIOSCIENCES OF CALIF</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>69404D108</cusip>
        <value>168000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>100000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>100000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PAGAYA TECHNOLOGIES LTD 6.125 10/01/29 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>69549FAB5</cusip>
        <value>7445129</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4700000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>4700000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PALANTIR TECHNOLOGIES INC-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>69608A108</cusip>
        <value>1574228</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13493</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13493</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PALO ALTO NETWORKS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>697435105</cusip>
        <value>525171</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1540</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1540</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PAN AMERICAN SILVER CORP USD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>697900108</cusip>
        <value>29655459</value>
        <shrsOrPrnAmt>
            <sshPrnamt>662100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>662100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PAR TECHNOLOGY CORP/DEL</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>698884103</cusip>
        <value>3252314</value>
        <shrsOrPrnAmt>
            <sshPrnamt>186700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>186700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PARK AEROSPACE CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>70014A104</cusip>
        <value>640439</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16783</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>16783</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PARKER HANNIFIN CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>701094104</cusip>
        <value>11355973</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11610</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>11610</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PARK-OHIO HOLDINGS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>700666100</cusip>
        <value>19078928</value>
        <shrsOrPrnAmt>
            <sshPrnamt>496201</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>496201</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PARSONS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>70202L102</cusip>
        <value>1309750</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PATTERSON-UTI ENERGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>703481101</cusip>
        <value>918000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>100000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>100000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PAYONEER GLOBAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>70451X104</cusip>
        <value>5733380</value>
        <shrsOrPrnAmt>
            <sshPrnamt>805250</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>805250</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PENN ENTERTAINMENT INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>707569109</cusip>
        <value>730512</value>
        <shrsOrPrnAmt>
            <sshPrnamt>34200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>34200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PENNANT GROUP INC/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>70805E109</cusip>
        <value>358119</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9692</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>9692</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PENSKE AUTOMOTIVE GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>70959W103</cusip>
        <value>15031800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>84000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>84000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PENTAIR PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G7S00T104</cusip>
        <value>8256282</value>
        <shrsOrPrnAmt>
            <sshPrnamt>107700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>107700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PENUMBRA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>70975L107</cusip>
        <value>16552562</value>
        <shrsOrPrnAmt>
            <sshPrnamt>52423</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>52423</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PEOPLE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>44891N208</cusip>
        <value>2815760</value>
        <shrsOrPrnAmt>
            <sshPrnamt>61000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>61000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PEPSICO INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>713448108</cusip>
        <value>21666031</value>
        <shrsOrPrnAmt>
            <sshPrnamt>160015</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>160015</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PERRIGO CO PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G97822103</cusip>
        <value>9084590</value>
        <shrsOrPrnAmt>
            <sshPrnamt>874359</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>874359</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PETROLEO BRASILEIRO-SPON ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>71654V408</cusip>
        <value>565600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>35000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>35000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PFIZER INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>717081103</cusip>
        <value>12076120</value>
        <shrsOrPrnAmt>
            <sshPrnamt>501500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>501500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PHILIP MORRIS INTERNATIONAL</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>718172109</cusip>
        <value>54137318</value>
        <shrsOrPrnAmt>
            <sshPrnamt>299250</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>299250</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PHILLIPS 66</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>718546104</cusip>
        <value>19964805</value>
        <shrsOrPrnAmt>
            <sshPrnamt>118100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>118100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PHINIA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>71880K101</cusip>
        <value>3171245</value>
        <shrsOrPrnAmt>
            <sshPrnamt>38500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>38500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PHOTRONICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>719405102</cusip>
        <value>487950</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PINNACLE FINANCIAL PARTNERS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>72348N109</cusip>
        <value>9425622</value>
        <shrsOrPrnAmt>
            <sshPrnamt>93434</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>93434</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PINNACLE WEST CAPITAL</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>723484101</cusip>
        <value>36561900</value>
        <shrsOrPrnAmt>
            <sshPrnamt>341700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>341700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PITNEY BOWES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>724479100</cusip>
        <value>175200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PLDT INC-SPON ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>69344D408</cusip>
        <value>385440</value>
        <shrsOrPrnAmt>
            <sshPrnamt>22000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>22000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PNC FINANCIAL SERVICES GROUP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>693475105</cusip>
        <value>44996705</value>
        <shrsOrPrnAmt>
            <sshPrnamt>182750</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>182750</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>POPULAR INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>733174700</cusip>
        <value>4670100</value>
        <shrsOrPrnAmt>
            <sshPrnamt>28445</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>28445</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PORTLAND GENERAL ELECTRIC CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>736508847</cusip>
        <value>15437566</value>
        <shrsOrPrnAmt>
            <sshPrnamt>297850</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>297850</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>POST HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>737446104</cusip>
        <value>16046551</value>
        <shrsOrPrnAmt>
            <sshPrnamt>181810</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>181810</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PPL CAPITAL FUNDING INC 2.875 03/15/28 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>69352PAS2</cusip>
        <value>8628584</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7600000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7600000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PPL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>69351T106</cusip>
        <value>22740197</value>
        <shrsOrPrnAmt>
            <sshPrnamt>625590</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>625590</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PPL CORPORATION 7.000 02/15/29 CVT</nameOfIssuer>
        <titleOfClass>PREFERRED CONVER</titleOfClass>
        <cusip>69351T866</cusip>
        <value>490700</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PRESIDIO PUBCO INC WARRANTS</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>74102N119</cusip>
        <value>39054</value>
        <shrsOrPrnAmt>
            <sshPrnamt>28300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>28300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PRIMO BRANDS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>741623102</cusip>
        <value>3231652</value>
        <shrsOrPrnAmt>
            <sshPrnamt>132228</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>132228</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PRIMORIS SERVICES CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>74164F103</cusip>
        <value>4288625</value>
        <shrsOrPrnAmt>
            <sshPrnamt>43267</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>43267</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PROCTER &amp; GAMBLE CO/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>742718109</cusip>
        <value>10499424</value>
        <shrsOrPrnAmt>
            <sshPrnamt>71600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>71600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PROG HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>74319R101</cusip>
        <value>1165250</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PROGRESS SOFTWARE CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>743312100</cusip>
        <value>1175300</value>
        <shrsOrPrnAmt>
            <sshPrnamt>35000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>35000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PROGRESSIVE CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>743315103</cusip>
        <value>590689</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2704</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2704</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PROSPERITY BANCSHARES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>743606105</cusip>
        <value>1795735</value>
        <shrsOrPrnAmt>
            <sshPrnamt>24589</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>24589</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PROTAGONIST THERAPEUTICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>74366E102</cusip>
        <value>355482</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PROTO LABS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>743713109</cusip>
        <value>1722469</value>
        <shrsOrPrnAmt>
            <sshPrnamt>21132</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>21132</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PUBLIC SERVICE ENTERPRISE GP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>744573106</cusip>
        <value>20523173</value>
        <shrsOrPrnAmt>
            <sshPrnamt>252873</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>252873</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PULTEGROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>745867101</cusip>
        <value>2963736</value>
        <shrsOrPrnAmt>
            <sshPrnamt>21600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>21600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PURECYCLE TECHNOLOGIES 4.750 07/01/32 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>74623VAD5</cusip>
        <value>2445734</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2425000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2425000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PURECYCLE TECHNOLOGIES 7.250 08/15/30 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>74623VAB9</cusip>
        <value>3867732</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3600000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3600000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PURECYCLE TECHNOLOGIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>74623V103</cusip>
        <value>162200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PVH CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>693656100</cusip>
        <value>2726530</value>
        <shrsOrPrnAmt>
            <sshPrnamt>36716</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>36716</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>QIAGEN N.V.</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>N72482156</cusip>
        <value>647379</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16557</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>16557</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>QNITY ELECTRONICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>74743L100</cusip>
        <value>17238840</value>
        <shrsOrPrnAmt>
            <sshPrnamt>105559</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>105559</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>QUAKER CHEMICAL CORPORATION</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>747316107</cusip>
        <value>1429830</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>9000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>QUALCOMM INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>747525103</cusip>
        <value>4134861</value>
        <shrsOrPrnAmt>
            <sshPrnamt>22376</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>22376</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>QUANTUMSPHERE ACQUISITION CO</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>G7387B122</cusip>
        <value>591909</value>
        <shrsOrPrnAmt>
            <sshPrnamt>57300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>57300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>QUEST DIAGNOSTICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>74834L100</cusip>
        <value>402705</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>QUIDELORTHO CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>219798105</cusip>
        <value>3089646</value>
        <shrsOrPrnAmt>
            <sshPrnamt>176400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>176400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RALLIANT CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>750940108</cusip>
        <value>3702485</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50285</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>50285</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RANPAK HOLDINGS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>75321W103</cusip>
        <value>712725</value>
        <shrsOrPrnAmt>
            <sshPrnamt>97500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>97500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RAPID7 INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>753422104</cusip>
        <value>106661</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13168</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13168</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RAYONIER INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>754907103</cusip>
        <value>384125</value>
        <shrsOrPrnAmt>
            <sshPrnamt>18051</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>18051</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RB GLOBAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>74935Q107</cusip>
        <value>2096100</value>
        <shrsOrPrnAmt>
            <sshPrnamt>18000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>18000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>READING INTERNATIONAL INC-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>755408101</cusip>
        <value>111360</value>
        <shrsOrPrnAmt>
            <sshPrnamt>87000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>87000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>READING INTERNATIONAL INC-B</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>755408200</cusip>
        <value>125097</value>
        <shrsOrPrnAmt>
            <sshPrnamt>14700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>14700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>REDWIRE CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>75776W103</cusip>
        <value>805786</value>
        <shrsOrPrnAmt>
            <sshPrnamt>65886</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>65886</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>REGAL REXNORD CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>758750103</cusip>
        <value>4159988</value>
        <shrsOrPrnAmt>
            <sshPrnamt>17465</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>17465</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>REGENERON PHARMACEUTICALS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>75886F107</cusip>
        <value>1169138</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1875</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1875</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>REINSURANCE GROUP OF AMERICA</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>759351604</cusip>
        <value>1137890</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5351</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5351</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RELAY THERAPEUTICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>75943R102</cusip>
        <value>187100</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RENTOKIL INITIAL PLC-SP ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>760125104</cusip>
        <value>414845</value>
        <shrsOrPrnAmt>
            <sshPrnamt>14500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>14500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>REPUBLIC SERVICES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>760759100</cusip>
        <value>114168051</value>
        <shrsOrPrnAmt>
            <sshPrnamt>535799</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>535799</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RESERVOIR MEDIA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>76119X105</cusip>
        <value>281865</value>
        <shrsOrPrnAmt>
            <sshPrnamt>28500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>28500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RESIDEO TECHNOLOGIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>76118Y104</cusip>
        <value>8548644</value>
        <shrsOrPrnAmt>
            <sshPrnamt>274876</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>274876</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>REVOLUTION MEDICINES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>76155X100</cusip>
        <value>1329501</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7099</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7099</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RGC RESOURCES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>74955L103</cusip>
        <value>5635620</value>
        <shrsOrPrnAmt>
            <sshPrnamt>235800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>235800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RIBBON ACQUISITION CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G7552W109</cusip>
        <value>869376</value>
        <shrsOrPrnAmt>
            <sshPrnamt>80797</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>80797</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RIBBON ACQUISITION CORP - RIGHTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G7552W117</cusip>
        <value>39456</value>
        <shrsOrPrnAmt>
            <sshPrnamt>151755</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>151755</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RILEY EXPLORATION PERMIAN IN</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>76665T102</cusip>
        <value>428480</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RIO TINTO PLC-SPON ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>767204100</cusip>
        <value>27823983</value>
        <shrsOrPrnAmt>
            <sshPrnamt>293100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>293100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RIOT PLATFORMS INC 0.750 01/15/30 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>767292AB1</cusip>
        <value>5629344</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2800000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2800000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ROCKET COS INC-CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>77311W101</cusip>
        <value>4206589</value>
        <shrsOrPrnAmt>
            <sshPrnamt>267085</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>267085</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ROCKWELL AUTOMATION INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>773903109</cusip>
        <value>42111505</value>
        <shrsOrPrnAmt>
            <sshPrnamt>85060</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>85060</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ROGERS COMMUNICATIONS INC-B</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>775109200</cusip>
        <value>58361193</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1795729</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1795729</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ROGERS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>775133101</cusip>
        <value>10216752</value>
        <shrsOrPrnAmt>
            <sshPrnamt>62400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>62400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ROKU INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>77543R102</cusip>
        <value>13109486</value>
        <shrsOrPrnAmt>
            <sshPrnamt>94900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>94900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ROLLINS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>775711104</cusip>
        <value>29969320</value>
        <shrsOrPrnAmt>
            <sshPrnamt>718000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>718000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ROPER TECHNOLOGIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>776696106</cusip>
        <value>4703621</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ROYAL GOLD INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>780287108</cusip>
        <value>42105733</value>
        <shrsOrPrnAmt>
            <sshPrnamt>210940</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>210940</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ROYALTY PHARMA PLC- CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G7709Q104</cusip>
        <value>321842</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5740</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5740</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ROYCE SMALL-CAP TRUST INC</nameOfIssuer>
        <titleOfClass>EXCHANGE TRADED</titleOfClass>
        <cusip>780910105</cusip>
        <value>779434</value>
        <shrsOrPrnAmt>
            <sshPrnamt>42200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>42200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RPC INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>749660106</cusip>
        <value>12645270</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2169000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2169000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RPM INTERNATIONAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>749685103</cusip>
        <value>1784958</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16059</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>16059</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RTX CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>75513E101</cusip>
        <value>10083391</value>
        <shrsOrPrnAmt>
            <sshPrnamt>53146</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>53146</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RUSH ENTERPRISES INC - CL B</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>781846308</cusip>
        <value>38709000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>506000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>506000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RUSH ENTERPRISES INC-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>781846209</cusip>
        <value>1824625</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RYMAN HOSPITALITY PROPERTIES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>78377T107</cusip>
        <value>50712975</value>
        <shrsOrPrnAmt>
            <sshPrnamt>394500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>0</Shared>
            <None>394500</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>S&amp;P GLOBAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>78409V104</cusip>
        <value>42775332</value>
        <shrsOrPrnAmt>
            <sshPrnamt>105032</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>105032</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SABLE OFFSHORE CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>78574H104</cusip>
        <value>564154</value>
        <shrsOrPrnAmt>
            <sshPrnamt>183167</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>183167</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SAFEHOLD INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>78646V107</cusip>
        <value>3311114</value>
        <shrsOrPrnAmt>
            <sshPrnamt>210899</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>210899</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SALLY BEAUTY HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>79546E104</cusip>
        <value>6519558</value>
        <shrsOrPrnAmt>
            <sshPrnamt>461072</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>461072</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SANDRIDGE ENERGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>80007P869</cusip>
        <value>274000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SAP SE-SPONSORED ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>803054204</cusip>
        <value>693495</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>4500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SBA COMMUNICATIONS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>78410G104</cusip>
        <value>1235220</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SCHWAB (CHARLES) CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>808513105</cusip>
        <value>12063380</value>
        <shrsOrPrnAmt>
            <sshPrnamt>130740</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>130740</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SCOTTS MIRACLE-GRO CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>810186106</cusip>
        <value>6238876</value>
        <shrsOrPrnAmt>
            <sshPrnamt>91600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>91600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SEAPORT ENTERTAINMENT GROUP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>812215200</cusip>
        <value>244241</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9182</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>9182</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SELECT MEDICAL HOLDINGS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>81619Q105</cusip>
        <value>2397252</value>
        <shrsOrPrnAmt>
            <sshPrnamt>145200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>145200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SELECT WATER SOLUTIONS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>81617J301</cusip>
        <value>6742930</value>
        <shrsOrPrnAmt>
            <sshPrnamt>337484</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>337484</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SEMPRA</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>816851109</cusip>
        <value>7601200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>81989</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>81989</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SENSIENT TECHNOLOGIES CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>81725T100</cusip>
        <value>21662053</value>
        <shrsOrPrnAmt>
            <sshPrnamt>175700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>175700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SERITAGE GROWTH PROP- A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>81752R100</cusip>
        <value>2057704</value>
        <shrsOrPrnAmt>
            <sshPrnamt>782397</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>782397</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SERVICENOW INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>81762P102</cusip>
        <value>992800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SERVICETITAN INC-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>81764X103</cusip>
        <value>247485</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SHAKE SHACK INC - CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>819047101</cusip>
        <value>420150</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SHELL PLC-ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>780259305</cusip>
        <value>28623891</value>
        <shrsOrPrnAmt>
            <sshPrnamt>369150</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>369150</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SHENANDOAH TELECOMMUNICATION</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>82312B106</cusip>
        <value>2613816</value>
        <shrsOrPrnAmt>
            <sshPrnamt>173330</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>173330</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SHERWIN-WILLIAMS CO/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>824348106</cusip>
        <value>5552160</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16125</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>16125</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SHIFT4 PAYMENTS INC 6.000 05/01/28 CVT</nameOfIssuer>
        <titleOfClass>PREFERRED CONVER</titleOfClass>
        <cusip>82452J307</cusip>
        <value>1120860</value>
        <shrsOrPrnAmt>
            <sshPrnamt>18000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>18000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SHINHAN FINANCIAL GROUP-ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>824596100</cusip>
        <value>3072432</value>
        <shrsOrPrnAmt>
            <sshPrnamt>48576</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>48576</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SHOALS TECHNOLOGIES GROUP -A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>82489W107</cusip>
        <value>571982</value>
        <shrsOrPrnAmt>
            <sshPrnamt>57776</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>57776</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SHOE STATION GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>824889109</cusip>
        <value>2070802</value>
        <shrsOrPrnAmt>
            <sshPrnamt>139636</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>139636</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SILA REALTY TRUST INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>146280508</cusip>
        <value>8827504</value>
        <shrsOrPrnAmt>
            <sshPrnamt>290761</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>290761</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SILICON LABORATORIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>826919102</cusip>
        <value>8683607</value>
        <shrsOrPrnAmt>
            <sshPrnamt>39731</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>39731</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SILICON VALLEY ACQUISIT-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G81306121</cusip>
        <value>2220809</value>
        <shrsOrPrnAmt>
            <sshPrnamt>220100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>220100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SILICON VALLEY ACQUISITION WARRANTS</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>G81306113</cusip>
        <value>81437</value>
        <shrsOrPrnAmt>
            <sshPrnamt>110050</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>110050</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SILVER PEGASUS ACQUISITION C</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>G8192J128</cusip>
        <value>840580</value>
        <shrsOrPrnAmt>
            <sshPrnamt>79300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>79300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SILVERCREST ASSET MANAGEME-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>828359109</cusip>
        <value>1538621</value>
        <shrsOrPrnAmt>
            <sshPrnamt>152188</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>152188</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SIMON PROPERTY GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>828806109</cusip>
        <value>1174163</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5250</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5250</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SIMPLY GOOD FOODS CO/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>82900L102</cusip>
        <value>1035840</value>
        <shrsOrPrnAmt>
            <sshPrnamt>78000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>78000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SIMULATIONS PLUS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>829214105</cusip>
        <value>2692632</value>
        <shrsOrPrnAmt>
            <sshPrnamt>147058</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>147058</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SINCLAIR INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>829242106</cusip>
        <value>15414225</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1081700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1081700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SIRIUS XM HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>829933100</cusip>
        <value>15095944</value>
        <shrsOrPrnAmt>
            <sshPrnamt>511034</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>511034</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SK TELECOM CO LTD-SPON ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>78440P306</cusip>
        <value>1293636</value>
        <shrsOrPrnAmt>
            <sshPrnamt>40225</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>40225</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SKYWATER TECHNOLOGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>83089J108</cusip>
        <value>3037801</value>
        <shrsOrPrnAmt>
            <sshPrnamt>87243</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>87243</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SKYWORKS SOLUTIONS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>83088M102</cusip>
        <value>991778</value>
        <shrsOrPrnAmt>
            <sshPrnamt>14628</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>14628</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SLB LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>806857108</cusip>
        <value>36630401</value>
        <shrsOrPrnAmt>
            <sshPrnamt>787920</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>787920</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SLM CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>78442P106</cusip>
        <value>3112800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>120000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>120000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SMITH (A.O.) CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>831865209</cusip>
        <value>1304576</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SNAP-ON INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>833034101</cusip>
        <value>201200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SNOWFLAKE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>833445109</cusip>
        <value>319398</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1255</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1255</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SNOWFLAKE INC 0.000 10/01/29 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>833445AD1</cusip>
        <value>6404360</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3625000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3625000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SOLARIS ENERGY INFRASTRU 0.250 10/01/31 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>83419XAB4</cusip>
        <value>7771104</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4800000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>4800000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SOLARIS ENERGY INFRASTRUCTUR</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>83418M103</cusip>
        <value>4033218</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50127</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>50127</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SOLSTICE ADV MATERIALS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>83443Q103</cusip>
        <value>5295445</value>
        <shrsOrPrnAmt>
            <sshPrnamt>59768</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>59768</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SOLVENTUM CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>83444M101</cusip>
        <value>749821</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9719</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>9719</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SONOCO PRODUCTS CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>835495102</cusip>
        <value>2997820</value>
        <shrsOrPrnAmt>
            <sshPrnamt>53200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>53200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SONOS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>83570H108</cusip>
        <value>676500</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>50000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SONY GROUP CORP - SP ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>835699307</cusip>
        <value>100915661</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5030691</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5030691</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SOULPOWER ACQUISITION CORP</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G82745137</cusip>
        <value>49893</value>
        <shrsOrPrnAmt>
            <sshPrnamt>427900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>427900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SOUTH PLAINS FINANCIAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>83946P107</cusip>
        <value>3980839</value>
        <shrsOrPrnAmt>
            <sshPrnamt>92395</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>92395</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SOUTHERN CO 7.125 12/15/28 SR:A CVT</nameOfIssuer>
        <titleOfClass>PREFERRED CONVER</titleOfClass>
        <cusip>842587842</cusip>
        <value>3944382</value>
        <shrsOrPrnAmt>
            <sshPrnamt>79300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>79300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SOUTHERN CO/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>842587107</cusip>
        <value>40002186</value>
        <shrsOrPrnAmt>
            <sshPrnamt>417952</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>417952</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SOUTHERN FIRST BANCSHARES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>842873101</cusip>
        <value>3820827</value>
        <shrsOrPrnAmt>
            <sshPrnamt>62534</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>62534</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SOUTHSTATE BANK CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>84472E102</cusip>
        <value>9163427</value>
        <shrsOrPrnAmt>
            <sshPrnamt>91726</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>91726</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SOUTHWEST GAS HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>844895102</cusip>
        <value>84320757</value>
        <shrsOrPrnAmt>
            <sshPrnamt>950843</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>950843</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SPARK I ACQUISITION CORP-28</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>G8316B118</cusip>
        <value>29331</value>
        <shrsOrPrnAmt>
            <sshPrnamt>12350</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>12350</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SPARTACUS ACQU CORP II</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>G8303R126</cusip>
        <value>544630</value>
        <shrsOrPrnAmt>
            <sshPrnamt>53500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>53500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SPECTRUM BRANDS HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>84790A105</cusip>
        <value>20571854</value>
        <shrsOrPrnAmt>
            <sshPrnamt>239905</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>239905</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SPHERE ENTERTAINMENT CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>55826T102</cusip>
        <value>87731401</value>
        <shrsOrPrnAmt>
            <sshPrnamt>507030</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>507030</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SPIRE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>84857L101</cusip>
        <value>10339116</value>
        <shrsOrPrnAmt>
            <sshPrnamt>132400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>132400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SPORTSMAN'S WAREHOUSE HOLDIN</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>84920Y106</cusip>
        <value>1562551</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1174850</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1174850</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SPORTSMAP TECH ACQ -CW27</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>456948116</cusip>
        <value>793</value>
        <shrsOrPrnAmt>
            <sshPrnamt>27347</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>27347</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SPOTIFY TECHNOLOGY SA</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>L8681T102</cusip>
        <value>21594261</value>
        <shrsOrPrnAmt>
            <sshPrnamt>47033</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>47033</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SPROUTS FARMERS MARKET INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>85208M102</cusip>
        <value>1268700</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ST JOE CO/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>790148100</cusip>
        <value>31653202</value>
        <shrsOrPrnAmt>
            <sshPrnamt>505400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>505400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STAAR SURGICAL CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>852312305</cusip>
        <value>1569859</value>
        <shrsOrPrnAmt>
            <sshPrnamt>54718</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>54718</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STAG INDUSTRIAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>85254J102</cusip>
        <value>5732140</value>
        <shrsOrPrnAmt>
            <sshPrnamt>150608</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>150608</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STANDARD MOTOR PRODS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>853666105</cusip>
        <value>17217492</value>
        <shrsOrPrnAmt>
            <sshPrnamt>441814</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>441814</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STANDARDAERO INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>85423L103</cusip>
        <value>5823268</value>
        <shrsOrPrnAmt>
            <sshPrnamt>194693</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>194693</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STANDEX INTERNATIONAL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>854231107</cusip>
        <value>15558645</value>
        <shrsOrPrnAmt>
            <sshPrnamt>43500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>43500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STAR HOLDINGS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>85512G106</cusip>
        <value>680203</value>
        <shrsOrPrnAmt>
            <sshPrnamt>74502</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>74502</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STARBUCKS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>855244109</cusip>
        <value>2672269</value>
        <shrsOrPrnAmt>
            <sshPrnamt>26150</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>26150</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STARZ ENTERTAINMENT CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>855919106</cusip>
        <value>2467530</value>
        <shrsOrPrnAmt>
            <sshPrnamt>85500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>85500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STATE STREET CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>857477103</cusip>
        <value>66746419</value>
        <shrsOrPrnAmt>
            <sshPrnamt>393552</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>393552</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STELLANTIS NV</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>N82405106</cusip>
        <value>287000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>50000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STERIS PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G8473T100</cusip>
        <value>4779939</value>
        <shrsOrPrnAmt>
            <sshPrnamt>22700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>22700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STEVEN MADDEN LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>556269108</cusip>
        <value>399950</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>9500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STEWART INFORMATION SERVICES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>860372101</cusip>
        <value>1650500</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STONERIDGE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>86183P102</cusip>
        <value>490440</value>
        <shrsOrPrnAmt>
            <sshPrnamt>67000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>67000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STRATASYS LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>M85548101</cusip>
        <value>2137423</value>
        <shrsOrPrnAmt>
            <sshPrnamt>249699</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>249699</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STRATTEC SECURITY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>863111100</cusip>
        <value>20712735</value>
        <shrsOrPrnAmt>
            <sshPrnamt>254300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>254300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STRAWBERRY FIELDS REIT INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>863182101</cusip>
        <value>1976026</value>
        <shrsOrPrnAmt>
            <sshPrnamt>143711</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>143711</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STRUCTURE THERAPEUTICS INC</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>86366E106</cusip>
        <value>217364</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4050</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>4050</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STRYKER CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>863667101</cusip>
        <value>22874700</value>
        <shrsOrPrnAmt>
            <sshPrnamt>72655</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>72655</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STURM RUGER &amp; CO INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>864159108</cusip>
        <value>4516603</value>
        <shrsOrPrnAmt>
            <sshPrnamt>119329</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>119329</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SUNBELT RENTALS HOLDINGS INC.</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>866966104</cusip>
        <value>6097015</value>
        <shrsOrPrnAmt>
            <sshPrnamt>81500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>81500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SUNCAR TECHNOLOGY GROUP -28</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>G85727116</cusip>
        <value>7275</value>
        <shrsOrPrnAmt>
            <sshPrnamt>44629</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>44629</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SUNCOR ENERGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>867224107</cusip>
        <value>4509120</value>
        <shrsOrPrnAmt>
            <sshPrnamt>84000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>84000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SUNOCOCORP LLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>86765Q106</cusip>
        <value>307899</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4550</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>4550</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SUPER GROUP SGHC LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G8588X103</cusip>
        <value>989150</value>
        <shrsOrPrnAmt>
            <sshPrnamt>73000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>73000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SUPERNUS PHARMACEUTICALS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>868459108</cusip>
        <value>1069730</value>
        <shrsOrPrnAmt>
            <sshPrnamt>23000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>23000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SURGERY PARTNERS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>86881A100</cusip>
        <value>1532110</value>
        <shrsOrPrnAmt>
            <sshPrnamt>91197</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>91197</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SURO CAPITAL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>86887Q109</cusip>
        <value>15387282</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1227056</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1227056</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SYNOPSYS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>871607107</cusip>
        <value>800696</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1795</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1795</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>T ROWE PRICE GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>74144T108</cusip>
        <value>18372304</value>
        <shrsOrPrnAmt>
            <sshPrnamt>161600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>161600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TAIWAN SEMICONDUCTOR-SP ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>874039100</cusip>
        <value>9436783</value>
        <shrsOrPrnAmt>
            <sshPrnamt>19760</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>19760</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TAKE-TWO INTERACTIVE SOFTWRE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>874054109</cusip>
        <value>12625740</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50507</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>50507</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TALKSPACE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>87427V103</cusip>
        <value>3462113</value>
        <shrsOrPrnAmt>
            <sshPrnamt>665791</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>665791</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TANDEM DIABETES CARE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>875372203</cusip>
        <value>1554270</value>
        <shrsOrPrnAmt>
            <sshPrnamt>103000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>103000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TARGA RESOURCES CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>87612G101</cusip>
        <value>12951162</value>
        <shrsOrPrnAmt>
            <sshPrnamt>48300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>48300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TARSUS PHARMACEUTICALS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>87650L103</cusip>
        <value>226584</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TAYLOR MORRISON HOME CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>87724P106</cusip>
        <value>15117483</value>
        <shrsOrPrnAmt>
            <sshPrnamt>210726</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>210726</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TD SYNNEX CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>87162W100</cusip>
        <value>2426913</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9078</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>9078</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TE CONNECTIVITY PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G87052109</cusip>
        <value>19959390</value>
        <shrsOrPrnAmt>
            <sshPrnamt>99000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>99000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TECHNIPFMC PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G87110105</cusip>
        <value>7591549</value>
        <shrsOrPrnAmt>
            <sshPrnamt>114503</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>114503</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TECOGEN INC/WALTHAM MA</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>87876P201</cusip>
        <value>104400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TEJON RANCH CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>879080109</cusip>
        <value>5030300</value>
        <shrsOrPrnAmt>
            <sshPrnamt>269000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>269000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TELECOM ARGENTINA SA-SP ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>879273209</cusip>
        <value>403000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>31000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>31000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TELEFLEX INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>879369106</cusip>
        <value>443660</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TELEFONICA BRASIL-ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>87936R205</cusip>
        <value>3526880</value>
        <shrsOrPrnAmt>
            <sshPrnamt>268000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>268000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TELEPHONE AND DATA SYSTEMS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>879433829</cusip>
        <value>56547579</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1527900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1527900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TELESAT CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>879512309</cusip>
        <value>36258144</value>
        <shrsOrPrnAmt>
            <sshPrnamt>716281</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>716281</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TELUS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>87971M103</cusip>
        <value>3614940</value>
        <shrsOrPrnAmt>
            <sshPrnamt>342000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>342000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TENARIS SA-ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>88031M109</cusip>
        <value>1109800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TENCENT MUSIC ENTERTAINM-ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>88034P109</cusip>
        <value>1143950</value>
        <shrsOrPrnAmt>
            <sshPrnamt>137000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>137000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TENET HEALTHCARE CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>88033G407</cusip>
        <value>3966096</value>
        <shrsOrPrnAmt>
            <sshPrnamt>21200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>21200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TENNANT CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>880345103</cusip>
        <value>17656818</value>
        <shrsOrPrnAmt>
            <sshPrnamt>201700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>201700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TERADATA CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>88076W103</cusip>
        <value>1039500</value>
        <shrsOrPrnAmt>
            <sshPrnamt>30000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>30000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TERADYNE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>880770102</cusip>
        <value>1983744</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>4100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TEREX CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>880779103</cusip>
        <value>506730</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TESLA INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>88160R101</cusip>
        <value>40695153</value>
        <shrsOrPrnAmt>
            <sshPrnamt>96755</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>96755</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TEVA PHARMACEUTICAL-SP ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>881624209</cusip>
        <value>11231220</value>
        <shrsOrPrnAmt>
            <sshPrnamt>331500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>331500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TEXAS CAPITAL BANCSHARES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>88224Q107</cusip>
        <value>1595367</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15450</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15450</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TEXAS INSTRUMENTS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>882508104</cusip>
        <value>103196901</value>
        <shrsOrPrnAmt>
            <sshPrnamt>346217</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>346217</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TEXAS PACIFIC LAND CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>88262P102</cusip>
        <value>3807468</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>8700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TEXTRON INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>883203101</cusip>
        <value>89081847</value>
        <shrsOrPrnAmt>
            <sshPrnamt>971131</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>971131</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TFS FINANCIAL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>87240R107</cusip>
        <value>283520</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>16000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>THE CAMPBELL'S COMPANY</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>134429109</cusip>
        <value>8826158</value>
        <shrsOrPrnAmt>
            <sshPrnamt>396325</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>396325</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>THE CIGNA GROUP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>125523100</cusip>
        <value>12196083</value>
        <shrsOrPrnAmt>
            <sshPrnamt>44240</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>44240</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>THERMO FISHER SCIENTIFIC INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>883556102</cusip>
        <value>8066882</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16090</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>16090</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>THOR INDUSTRIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>885160101</cusip>
        <value>1382944</value>
        <shrsOrPrnAmt>
            <sshPrnamt>18400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>18400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TIC SOLUTIONS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>00510N102</cusip>
        <value>93035</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>11500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TIM SA-ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>88706T108</cusip>
        <value>2197157</value>
        <shrsOrPrnAmt>
            <sshPrnamt>102575</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>102575</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TIMBERLAND BANCORP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>887098101</cusip>
        <value>5827809</value>
        <shrsOrPrnAmt>
            <sshPrnamt>130056</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>130056</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TIMKEN CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>887389104</cusip>
        <value>40116313</value>
        <shrsOrPrnAmt>
            <sshPrnamt>276055</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>276055</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TIPTREE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>88822Q103</cusip>
        <value>9631480</value>
        <shrsOrPrnAmt>
            <sshPrnamt>537471</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>537471</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TITAN INTERNATIONAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>88830M102</cusip>
        <value>119505</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TITAN MACHINERY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>88830R101</cusip>
        <value>2302080</value>
        <shrsOrPrnAmt>
            <sshPrnamt>109000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>109000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TKO GROUP HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>87256C101</cusip>
        <value>12317354</value>
        <shrsOrPrnAmt>
            <sshPrnamt>61186</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>61186</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>T-MOBILE US INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>872590104</cusip>
        <value>27850560</value>
        <shrsOrPrnAmt>
            <sshPrnamt>166044</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>166044</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TOLL BROTHERS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>889478103</cusip>
        <value>2998450</value>
        <shrsOrPrnAmt>
            <sshPrnamt>18200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>18200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TOOTSIE ROLL INDS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>890516107</cusip>
        <value>3931072</value>
        <shrsOrPrnAmt>
            <sshPrnamt>99395</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>99395</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TOPBUILD CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>89055F103</cusip>
        <value>5617682</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>13400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TORO CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>891092108</cusip>
        <value>6644044</value>
        <shrsOrPrnAmt>
            <sshPrnamt>68200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>68200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TOTALENERGIES SE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>F92124100</cusip>
        <value>15474240</value>
        <shrsOrPrnAmt>
            <sshPrnamt>199000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>199000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TOWNE BANK</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>89214P109</cusip>
        <value>205481</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5670</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5670</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TOWNSQUARE MEDIA INC - CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>892231101</cusip>
        <value>447531</value>
        <shrsOrPrnAmt>
            <sshPrnamt>63300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>63300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TOYOTA MOTOR CORP -SPON ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>892331307</cusip>
        <value>8412579</value>
        <shrsOrPrnAmt>
            <sshPrnamt>49950</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>49950</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TRACTOR SUPPLY COMPANY</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>892356106</cusip>
        <value>2955535</value>
        <shrsOrPrnAmt>
            <sshPrnamt>93500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>93500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TRAILBLAZER ACQUISITION CORP</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>G9009S129</cusip>
        <value>118320</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>11600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TRANE TECHNOLOGIES PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G8994E103</cusip>
        <value>38220107</value>
        <shrsOrPrnAmt>
            <sshPrnamt>77816</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>77816</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TRANSACT TECHNOLOGIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>892918103</cusip>
        <value>221920</value>
        <shrsOrPrnAmt>
            <sshPrnamt>38000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>38000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TRANSDIGM GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>893641100</cusip>
        <value>888471</value>
        <shrsOrPrnAmt>
            <sshPrnamt>667</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>667</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TRAVEL LEISURE CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>894164102</cusip>
        <value>779586</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TRAVELERS COS INC/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>89417E109</cusip>
        <value>20467440</value>
        <shrsOrPrnAmt>
            <sshPrnamt>62000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>62000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TRAVERE THERAPEUTICS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>89422G107</cusip>
        <value>471523</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>8300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TREDEGAR CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>894650100</cusip>
        <value>9806720</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1232000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>1232000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TREX COMPANY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>89531P105</cusip>
        <value>6398315</value>
        <shrsOrPrnAmt>
            <sshPrnamt>127864</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>127864</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TRINITY INDUSTRIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>896522109</cusip>
        <value>19022458</value>
        <shrsOrPrnAmt>
            <sshPrnamt>550100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>550100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TRUBRIDGE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>205306103</cusip>
        <value>5293267</value>
        <shrsOrPrnAmt>
            <sshPrnamt>201956</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>201956</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TRUIST FINANCIAL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>89832Q109</cusip>
        <value>797120</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>16000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TRUSTCO BANK CORP NY</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>898349204</cusip>
        <value>8233370</value>
        <shrsOrPrnAmt>
            <sshPrnamt>149943</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>149943</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TTM TECHNOLOGIES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>87305R109</cusip>
        <value>2992320</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>16000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TURKCELL ILETISIM HIZMET-ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>900111204</cusip>
        <value>2384340</value>
        <shrsOrPrnAmt>
            <sshPrnamt>405500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>405500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TWIN DISC INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>901476101</cusip>
        <value>9292157</value>
        <shrsOrPrnAmt>
            <sshPrnamt>400524</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>400524</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TWO HARBORS INVESTMENT CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>90187B804</cusip>
        <value>8377805</value>
        <shrsOrPrnAmt>
            <sshPrnamt>675085</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>675085</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TXNM ENERGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>69349H107</cusip>
        <value>53005322</value>
        <shrsOrPrnAmt>
            <sshPrnamt>933521</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>933521</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TYLER TECHNOLOGIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>902252105</cusip>
        <value>8686062</value>
        <shrsOrPrnAmt>
            <sshPrnamt>29700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>29700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TYSON FOODS INC-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>902494103</cusip>
        <value>4339550</value>
        <shrsOrPrnAmt>
            <sshPrnamt>75800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>75800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UBER TECHNOLOGIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>90353T100</cusip>
        <value>3131744</value>
        <shrsOrPrnAmt>
            <sshPrnamt>43400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>43400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UBER TECHNOLOGIES INC 0.875 12/01/28 SR:2028 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>90353TAM2</cusip>
        <value>6571945</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5480000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5480000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UBS GROUP AG-REG USD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>H42097107</cusip>
        <value>1694952</value>
        <shrsOrPrnAmt>
            <sshPrnamt>34200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>34200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UGI CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>902681105</cusip>
        <value>21728907</value>
        <shrsOrPrnAmt>
            <sshPrnamt>629094</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>629094</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UL SOLUTIONS INC - CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>903731107</cusip>
        <value>12635733</value>
        <shrsOrPrnAmt>
            <sshPrnamt>124050</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>124050</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ULTRA CLEAN HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>90385V107</cusip>
        <value>2851800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UNIFIRST CORP/MA</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>904708104</cusip>
        <value>5844566</value>
        <shrsOrPrnAmt>
            <sshPrnamt>22100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>22100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UNILEVER PLC-SPONSORED ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>904767803</cusip>
        <value>3052713</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50777</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>50777</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UNION PACIFIC CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>907818108</cusip>
        <value>223040</value>
        <shrsOrPrnAmt>
            <sshPrnamt>820</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>820</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UNITED GUARDIAN INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>910571108</cusip>
        <value>271320</value>
        <shrsOrPrnAmt>
            <sshPrnamt>38000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>38000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UNITED NATURAL FOODS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>911163103</cusip>
        <value>2420510</value>
        <shrsOrPrnAmt>
            <sshPrnamt>53000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>53000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UNITED RENTALS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>911363109</cusip>
        <value>47431839</value>
        <shrsOrPrnAmt>
            <sshPrnamt>41868</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>41868</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UNITEDHEALTH GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>91324P102</cusip>
        <value>8113098</value>
        <shrsOrPrnAmt>
            <sshPrnamt>19520</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>19520</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UNITIL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>913259107</cusip>
        <value>3767335</value>
        <shrsOrPrnAmt>
            <sshPrnamt>71500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>71500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UNIVERSAL DISPLAY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>91347P105</cusip>
        <value>755758</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8728</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>8728</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UNIVERSAL HEALTH SERVICES-B</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>913903100</cusip>
        <value>1405269</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9451</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>9451</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UNIVERSAL TECHNICAL INSTITUT</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>913915104</cusip>
        <value>543179</value>
        <shrsOrPrnAmt>
            <sshPrnamt>12700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>12700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UNIVEST FINANCIAL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>915271100</cusip>
        <value>918750</value>
        <shrsOrPrnAmt>
            <sshPrnamt>21000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>21000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>URBAN OUTFITTERS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>917047102</cusip>
        <value>566880</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>8000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UR-ENERGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>91688R108</cusip>
        <value>150950</value>
        <shrsOrPrnAmt>
            <sshPrnamt>110993</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>110993</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>USCB FINANCIAL HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>90355N101</cusip>
        <value>736560</value>
        <shrsOrPrnAmt>
            <sshPrnamt>36000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>36000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>UY SCUTI ACQUISITION CORP RIGHTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G93Y0A112</cusip>
        <value>5908</value>
        <shrsOrPrnAmt>
            <sshPrnamt>42200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>42200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>V2X INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>92242T101</cusip>
        <value>596480</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>8000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VAALCO ENERGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>91851C201</cusip>
        <value>2617302</value>
        <shrsOrPrnAmt>
            <sshPrnamt>515217</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>515217</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VALE SA-SP ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>91912E105</cusip>
        <value>150400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VALERO ENERGY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>91913Y100</cusip>
        <value>19971321</value>
        <shrsOrPrnAmt>
            <sshPrnamt>76683</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>76683</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VALLEY NATIONAL BANCORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>919794107</cusip>
        <value>4739275</value>
        <shrsOrPrnAmt>
            <sshPrnamt>323500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>323500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VALMONT INDUSTRIES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>920253101</cusip>
        <value>32861397</value>
        <shrsOrPrnAmt>
            <sshPrnamt>56893</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>56893</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VALUE LINE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>920437100</cusip>
        <value>1874548</value>
        <shrsOrPrnAmt>
            <sshPrnamt>46308</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>46308</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VALVOLINE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>92047W101</cusip>
        <value>4230780</value>
        <shrsOrPrnAmt>
            <sshPrnamt>107000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>107000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VENTURE GLOBAL INC-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>92333F101</cusip>
        <value>2893800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>260000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>260000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VEON LTD</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>91822M502</cusip>
        <value>6570106</value>
        <shrsOrPrnAmt>
            <sshPrnamt>125840</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>125840</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VERALTO CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>92338C103</cusip>
        <value>1744070</value>
        <shrsOrPrnAmt>
            <sshPrnamt>19667</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>19667</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VERICEL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>92346J108</cusip>
        <value>222450</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VERIZON COMMUNICATIONS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>92343V104</cusip>
        <value>17376336</value>
        <shrsOrPrnAmt>
            <sshPrnamt>410400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>410400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VERSANT MEDIA GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>925283103</cusip>
        <value>29690425</value>
        <shrsOrPrnAmt>
            <sshPrnamt>824505</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>824505</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VERSIGENT PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G9600F104</cusip>
        <value>717909</value>
        <shrsOrPrnAmt>
            <sshPrnamt>17089</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>17089</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VERTEX PHARMACEUTICALS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>92532F100</cusip>
        <value>3919696</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7891</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7891</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VERTIV HOLDINGS CO-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>92537N108</cusip>
        <value>2343740</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VESTIS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>29430C102</cusip>
        <value>508200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>35000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>35000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VIASAT INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>92552V100</cusip>
        <value>3987564</value>
        <shrsOrPrnAmt>
            <sshPrnamt>44400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>44400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VIATRIS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>92556V106</cusip>
        <value>3226816</value>
        <shrsOrPrnAmt>
            <sshPrnamt>203200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>203200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VICI PROPERTIES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>925652109</cusip>
        <value>12972330</value>
        <shrsOrPrnAmt>
            <sshPrnamt>488600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>488600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VICTORIA'S SECRET &amp; CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>926400102</cusip>
        <value>310880</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3724</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3724</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VICTORY CAPITAL HOLDING - A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>92645B103</cusip>
        <value>7118033</value>
        <shrsOrPrnAmt>
            <sshPrnamt>84678</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>84678</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VIEMED HEALTHCARE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>92663R105</cusip>
        <value>1053360</value>
        <shrsOrPrnAmt>
            <sshPrnamt>92400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>92400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VILLAGE SUPER MARKET-CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>927107409</cusip>
        <value>2461414</value>
        <shrsOrPrnAmt>
            <sshPrnamt>58355</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>58355</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VIRIDIAN THERAPEUTICS IN 1.750 05/15/32 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>92790CAB0</cusip>
        <value>1045853</value>
        <shrsOrPrnAmt>
            <sshPrnamt>975000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>975000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VIRTU FINANCIAL INC-CLASS A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>928254101</cusip>
        <value>8668269</value>
        <shrsOrPrnAmt>
            <sshPrnamt>145514</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>145514</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VISA INC-CLASS A SHARES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>92826C839</cusip>
        <value>67221281</value>
        <shrsOrPrnAmt>
            <sshPrnamt>195929</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>195929</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VISIONWAVE HOLDINGS INC WTS</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>927950113</cusip>
        <value>50485</value>
        <shrsOrPrnAmt>
            <sshPrnamt>73700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>73700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VISTRA CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>92840M102</cusip>
        <value>1364218</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>8600</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VITESSE ENERGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>92852X103</cusip>
        <value>8098415</value>
        <shrsOrPrnAmt>
            <sshPrnamt>513533</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>513533</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VODAFONE GROUP PLC-SP ADR</nameOfIssuer>
        <titleOfClass>DEPOSITORY RECEI</titleOfClass>
        <cusip>92857W308</cusip>
        <value>12334958</value>
        <shrsOrPrnAmt>
            <sshPrnamt>932700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>932700</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VONTIER CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>928881101</cusip>
        <value>252735</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8715</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>8715</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VOYA FINANCIAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>929089100</cusip>
        <value>2328884</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25725</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25725</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VSE CORP 5.750 02/01/29 CVT</nameOfIssuer>
        <titleOfClass>PREFERRED CONVER</titleOfClass>
        <cusip>918284209</cusip>
        <value>4497793</value>
        <shrsOrPrnAmt>
            <sshPrnamt>97000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>97000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>VULCAN MATERIALS CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>929160109</cusip>
        <value>10708273</value>
        <shrsOrPrnAmt>
            <sshPrnamt>36298</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>36298</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WAFD INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>938824109</cusip>
        <value>767400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WALMART INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>931142103</cusip>
        <value>17577952</value>
        <shrsOrPrnAmt>
            <sshPrnamt>155200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>155200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WALT DISNEY CO/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>254687106</cusip>
        <value>34501871</value>
        <shrsOrPrnAmt>
            <sshPrnamt>358461</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>358461</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WARNER BROS DISCOVERY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>934423104</cusip>
        <value>55292413</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2073984</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2073984</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WARNER MUSIC GROUP CORP-CL A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>934550203</cusip>
        <value>649680</value>
        <shrsOrPrnAmt>
            <sshPrnamt>24000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>24000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WASHINGTON TRUST BANCORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>940610108</cusip>
        <value>547200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WASTE CONNECTIONS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>94106B101</cusip>
        <value>30091212</value>
        <shrsOrPrnAmt>
            <sshPrnamt>180522</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>180522</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WASTE MANAGEMENT INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>94106L109</cusip>
        <value>39271456</value>
        <shrsOrPrnAmt>
            <sshPrnamt>176200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>176200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WATERS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>941848103</cusip>
        <value>2954190</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7877</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7877</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WATSCO INC -CL B</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>942622101</cusip>
        <value>2730000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>7800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WATTS WATER TECHNOLOGIES-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>942749102</cusip>
        <value>61283846</value>
        <shrsOrPrnAmt>
            <sshPrnamt>156556</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>156556</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WAYSTAR HOLDING CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>946784105</cusip>
        <value>307950</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WD-40 CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>929236107</cusip>
        <value>2314580</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>9500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WEALTHFRONT CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>947002101</cusip>
        <value>899391</value>
        <shrsOrPrnAmt>
            <sshPrnamt>100603</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>100603</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WEAVE COMMUNICATIONS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>94724R108</cusip>
        <value>167720</value>
        <shrsOrPrnAmt>
            <sshPrnamt>28000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>28000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WEBSTER FINANCIAL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>947890109</cusip>
        <value>17152087</value>
        <shrsOrPrnAmt>
            <sshPrnamt>224445</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>224445</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WEC ENERGY GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>92939U106</cusip>
        <value>68225208</value>
        <shrsOrPrnAmt>
            <sshPrnamt>584270</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>584270</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WEC ENERGY GROUP INC 4.375 06/01/29 CVT</nameOfIssuer>
        <titleOfClass>BOND CONVERTIBLE</titleOfClass>
        <cusip>92939UAR7</cusip>
        <value>7345104</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5925000</sshPrnamt>
            <sshPrnamtType>PRN</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>5925000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WELLS FARGO &amp; CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>949746101</cusip>
        <value>42834791</value>
        <shrsOrPrnAmt>
            <sshPrnamt>518330</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>518330</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WENDY'S CO/THE</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>95058W100</cusip>
        <value>696360</value>
        <shrsOrPrnAmt>
            <sshPrnamt>84000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>84000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WESCO INTERNATIONAL INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>95082P105</cusip>
        <value>3143413</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>9100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WESTERN COPPER AND GOLD CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>95805V108</cusip>
        <value>89600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>40000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>40000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WESTERN MIDSTREAM PARTNERS L</nameOfIssuer>
        <titleOfClass>EQUITY UNIT</titleOfClass>
        <cusip>958669103</cusip>
        <value>396072</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9051</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>9051</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WESTIN ACQUISITION CORP-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G9584S106</cusip>
        <value>1354078</value>
        <shrsOrPrnAmt>
            <sshPrnamt>134200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>134200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WESTIN ACQUISITION CORP-RTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G9584S114</cusip>
        <value>23082</value>
        <shrsOrPrnAmt>
            <sshPrnamt>134200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>134200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WESTWOOD HOLDINGS GROUP INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>961765104</cusip>
        <value>1575144</value>
        <shrsOrPrnAmt>
            <sshPrnamt>82210</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>82210</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WEX INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>96208T104</cusip>
        <value>285989</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2027</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2027</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WEYERHAEUSER CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>962166104</cusip>
        <value>5889240</value>
        <shrsOrPrnAmt>
            <sshPrnamt>246000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>246000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WHEATON PRECIOUS METALS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>962879102</cusip>
        <value>36335520</value>
        <shrsOrPrnAmt>
            <sshPrnamt>323500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>323500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WHITE PEARL ACQUISITION CO-A</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G96193100</cusip>
        <value>1036068</value>
        <shrsOrPrnAmt>
            <sshPrnamt>103400</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>103400</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WHITE PEARL ACQUISITION CORP-RIGHTS</nameOfIssuer>
        <titleOfClass>EQUITY RIGHT</titleOfClass>
        <cusip>G96193126</cusip>
        <value>15039</value>
        <shrsOrPrnAmt>
            <sshPrnamt>53500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>53500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WHITESTONE REIT</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>966084204</cusip>
        <value>3991535</value>
        <shrsOrPrnAmt>
            <sshPrnamt>210524</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>210524</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WILEY (JOHN) &amp; SONS-CL B</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>968223305</cusip>
        <value>210555</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>4500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WILLAMETTE VALLEY VINEYARDS</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>969136100</cusip>
        <value>50200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WILLIAMS COS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>969457100</cusip>
        <value>18088781</value>
        <shrsOrPrnAmt>
            <sshPrnamt>243325</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>243325</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WILLIS TOWERS WATSON PLC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>G96629103</cusip>
        <value>731836</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2800</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WINNEBAGO INDUSTRIES</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>974637100</cusip>
        <value>1546380</value>
        <shrsOrPrnAmt>
            <sshPrnamt>49500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>49500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WINTRUST FINANCIAL CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>97650W108</cusip>
        <value>8845064</value>
        <shrsOrPrnAmt>
            <sshPrnamt>55034</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>55034</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WOLVERINE WORLD WIDE INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>978097103</cusip>
        <value>2413380</value>
        <shrsOrPrnAmt>
            <sshPrnamt>146000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>146000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WOODWARD INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>980745103</cusip>
        <value>12487089</value>
        <shrsOrPrnAmt>
            <sshPrnamt>29351</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>29351</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WORTHINGTON ENTERPRISES INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>981811102</cusip>
        <value>1075200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WR BERKLEY CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>084423102</cusip>
        <value>9757614</value>
        <shrsOrPrnAmt>
            <sshPrnamt>138347</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>138347</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WYNDHAM HOTELS &amp; RESORTS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>98311A105</cusip>
        <value>2343564</value>
        <shrsOrPrnAmt>
            <sshPrnamt>27830</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>27830</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>WYNN RESORTS LTD</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>983134107</cusip>
        <value>5000135</value>
        <shrsOrPrnAmt>
            <sshPrnamt>51500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>51500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>XCEL ENERGY INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>98389B100</cusip>
        <value>42656645</value>
        <shrsOrPrnAmt>
            <sshPrnamt>531216</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>531216</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>XERIS BIOPHARMA HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>98422E103</cusip>
        <value>198000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>XEROX HOLDINGS CORP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>98421M106</cusip>
        <value>212840</value>
        <shrsOrPrnAmt>
            <sshPrnamt>68000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>68000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>XEROX HOLDINGS WARRANT 02/2028</nameOfIssuer>
        <titleOfClass>WARRANT</titleOfClass>
        <cusip>98421M114</cusip>
        <value>7975</value>
        <shrsOrPrnAmt>
            <sshPrnamt>29000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>29000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>XPLR INFRASTRUCTURE LP</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>65341B106</cusip>
        <value>6284798</value>
        <shrsOrPrnAmt>
            <sshPrnamt>532159</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>532159</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>XYLEM INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>98419M100</cusip>
        <value>53287058</value>
        <shrsOrPrnAmt>
            <sshPrnamt>450783</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>450783</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>YEXT INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>98585N106</cusip>
        <value>266190</value>
        <shrsOrPrnAmt>
            <sshPrnamt>57000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>57000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>YORK SPACE SYSTEMS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>987084100</cusip>
        <value>366936</value>
        <shrsOrPrnAmt>
            <sshPrnamt>14904</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>14904</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>YORK WATER CO</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>987184108</cusip>
        <value>4652455</value>
        <shrsOrPrnAmt>
            <sshPrnamt>151793</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>151793</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ZIM INTEGRATED SHIPPING SERV</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>M9T951109</cusip>
        <value>850772</value>
        <shrsOrPrnAmt>
            <sshPrnamt>32722</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>32722</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ZIMMER BIOMET HOLDINGS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>98956P102</cusip>
        <value>12470137</value>
        <shrsOrPrnAmt>
            <sshPrnamt>144850</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>144850</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ZOETIS INC</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>98978V103</cusip>
        <value>4972712</value>
        <shrsOrPrnAmt>
            <sshPrnamt>69200</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>69200</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ZURN ELKAY WATER SOLUTIONS C</nameOfIssuer>
        <titleOfClass>EQUITY</titleOfClass>
        <cusip>98983L108</cusip>
        <value>1622013</value>
        <shrsOrPrnAmt>
            <sshPrnamt>32100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>32100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
</informationTable>
