The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALLEGION PUB LTD CO ORD SHS G0176J109 182 2,637 SH   DFND 1 0 2,637 0
ASPEN INSURANCE HOLDINGS LTD SHS G05384105 465 9,977 SH   DFND 1 0 9,977 0
BRISTOL MYERS SQUIBB CO DBCV 9/1 110122AN8 1,356 1,000,000 PRN   DFND 1 0 1,000,000 0
CMS ENERGY CORP COM 125896100 368 8,756 SH   DFND 1 0 8,756 0
DANAHER CORP DEL NOTE 1/2 235851AF9 2,994 1,000,000 PRN   DFND 1 0 1,000,000 0
E M C CORP MASS COM 24703L103 102 2,135 SH   DFND 1 0 2,135 0
FORD MTR CO DEL COM PAR $0.01 345370860 1,056 87,514 SH   DFND 1 0 87,514 0
HOST HOTELS & RESORTS INC COM 44107P104 1,250 80,305 SH   DFND 1 0 80,305 0
INGERSOLL-RAND PLC SHS G47791101 537 7,911 SH   DFND 1 0 7,911 0
ISHARES TR CORE S&P500 ETF 464287200 14,128 64,937 SH   DFND 1 0 64,937 0
ISHARES TR CORE US AGGBD ET 464287226 15,121 134,504 SH   DFND 1 0 134,504 0
ISHARES TR IBOXX INV CP ETF 464287242 64,670 525,000 SH   DFND 1 0 525,000 0
TCP CAP CORP COM 87238Q103 32,955 2,011,900 SH   DFND 1 0 2,011,900 0
WELLPOINT INC NOTE 2.750%10/1 94973VBG1 2,627 1,500,000 PRN   DFND 1 0 1,500,000 0
WELLTOWER INC COM 95040Q104 579 7,747 SH   DFND 1 0 7,747 0