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<informationTable xmlns="http://www.sec.gov/edgar/document/thirteenf/informationtable" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
	        <infoTable>
            <nameOfIssuer>500.COM LTD-CLASS A-ADR</nameOfIssuer>
            <titleOfClass>ADR</titleOfClass>
            <cusip>33829R100</cusip>
            <value>2447</value>
            <shrsOrPrnAmt>
                <sshPrnamt>182476</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>182476</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>ADVANCED DISPOSAL SERVICES I</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>00790X101</cusip>
            <value>4520</value>
            <shrsOrPrnAmt>
                <sshPrnamt>200000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>200000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>ALCOA CORP</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>013872106</cusip>
            <value>6880</value>
            <shrsOrPrnAmt>
                <sshPrnamt>200000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>200000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>ALPHABET INC-CL A</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>02079K305</cusip>
            <value>3149</value>
            <shrsOrPrnAmt>
                <sshPrnamt>3714</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>1461</Sole>
            <Shared>0</Shared>
            <None>2253</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>ALPHABET INC-CL C</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>02079K107</cusip>
            <value>15521</value>
            <shrsOrPrnAmt>
                <sshPrnamt>18709</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>15901</Sole>
            <Shared>0</Shared>
            <None>2808</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>ALPHABET INC-CL C</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>02079K107</cusip>
            <value>17716</value>
            <shrsOrPrnAmt>
                <sshPrnamt>21356</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>OTR</investmentDiscretion>
            <otherManager>1</otherManager>
            <votingAuthority>
            <Sole>21356</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>ALLERGAN PLC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>G0177J108</cusip>
            <value>931644</value>
            <shrsOrPrnAmt>
                <sshPrnamt>3899400</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <putCall>Put</putCall>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>3899400</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>ALLERGAN PLC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>G0177J108</cusip>
            <value>611850</value>
            <shrsOrPrnAmt>
                <sshPrnamt>2560900</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <putCall>Call</putCall>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>2560900</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>ALLIED WORLD ASSURANCE CO</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>H01531104</cusip>
            <value>10621</value>
            <shrsOrPrnAmt>
                <sshPrnamt>200025</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>200025</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>ALTERYX INC - CLASS A</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>02156B103</cusip>
            <value>2579</value>
            <shrsOrPrnAmt>
                <sshPrnamt>165000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>165000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>AMPHENOL CORP-CL A</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>032095101</cusip>
            <value>4911</value>
            <shrsOrPrnAmt>
                <sshPrnamt>69000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <putCall>Put</putCall>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>61100</Sole>
            <Shared>0</Shared>
            <None>7900</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>AMYRIS INC</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>03236MAC5</cusip>
            <value>746</value>
            <shrsOrPrnAmt>
                <sshPrnamt>1400000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>1400000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>AMYRIS INC</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>03236MAF8</cusip>
            <value>748</value>
            <shrsOrPrnAmt>
                <sshPrnamt>1102000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>1102000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>ANADARKO PETROLEUM CORP</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>032511107</cusip>
            <value>23233</value>
            <shrsOrPrnAmt>
                <sshPrnamt>374716</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>299750</Sole>
            <Shared>0</Shared>
            <None>74966</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>APOLLO CMMRL REAL EST FI</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>03762UAA3</cusip>
            <value>29124</value>
            <shrsOrPrnAmt>
                <sshPrnamt>26500000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>26500000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>APPTIO INC - CLASS A</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>03835C108</cusip>
            <value>235</value>
            <shrsOrPrnAmt>
                <sshPrnamt>20000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>ARBOR REALTY TRUST INC</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>038923AA6</cusip>
            <value>14451</value>
            <shrsOrPrnAmt>
                <sshPrnamt>13853000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>13853000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>ATKORE INTERNATIONAL GROUP I</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>047649108</cusip>
            <value>526</value>
            <shrsOrPrnAmt>
                <sshPrnamt>20000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>AUTODESK INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>052769106</cusip>
            <value>7266</value>
            <shrsOrPrnAmt>
                <sshPrnamt>84033</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>84033</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>AVID TECHNOLOGY INC</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>05367PAB6</cusip>
            <value>21206</value>
            <shrsOrPrnAmt>
                <sshPrnamt>30130000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>30130000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>AVISTA HEALTHCARE PUBLIC-A</nameOfIssuer>
            <titleOfClass>WRT</titleOfClass>
            <cusip>G0726L117</cusip>
            <value>60</value>
            <shrsOrPrnAmt>
                <sshPrnamt>120000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>120000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>BAIDU INC - SPON ADR</nameOfIssuer>
            <titleOfClass>ADR</titleOfClass>
            <cusip>056752108</cusip>
            <value>321</value>
            <shrsOrPrnAmt>
                <sshPrnamt>1862</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>1862</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>BELLICUM PHARMACEUTICALS INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>079481107</cusip>
            <value>617</value>
            <shrsOrPrnAmt>
                <sshPrnamt>50000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>50000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>BLUE CAPITAL REINSURANCE HOL</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>G1190F107</cusip>
            <value>874</value>
            <shrsOrPrnAmt>
                <sshPrnamt>45285</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>45285</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>BOULEVARD ACQUISITION COR II</nameOfIssuer>
            <titleOfClass>WRT</titleOfClass>
            <cusip>10157Q110</cusip>
            <value>761</value>
            <shrsOrPrnAmt>
                <sshPrnamt>855100</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>855100</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>BOX INC - CLASS A</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>10316T104</cusip>
            <value>3540</value>
            <shrsOrPrnAmt>
                <sshPrnamt>217030</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>217030</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>CAPITOL ACQUISITION CORP III</nameOfIssuer>
            <titleOfClass>WRT</titleOfClass>
            <cusip>14055M114</cusip>
            <value>1330</value>
            <shrsOrPrnAmt>
                <sshPrnamt>700000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>700000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>CBS CORP-CLASS B NON VOTING</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>124857202</cusip>
            <value>484</value>
            <shrsOrPrnAmt>
                <sshPrnamt>6971</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>6971</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>CIMAREX ENERGY CO</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>171798101</cusip>
            <value>13741</value>
            <shrsOrPrnAmt>
                <sshPrnamt>115000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>115000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>COGNIZANT TECH SOLUTIONS-A</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>192446102</cusip>
            <value>14332</value>
            <shrsOrPrnAmt>
                <sshPrnamt>240791</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>180386</Sole>
            <Shared>0</Shared>
            <None>60405</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>COMCAST CORP-CLASS A</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>20030N101</cusip>
            <value>4054</value>
            <shrsOrPrnAmt>
                <sshPrnamt>107847</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>39269</Sole>
            <Shared>0</Shared>
            <None>68578</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>COMMUNITY HEALTH SYSTEMS-CVR</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>203668116</cusip>
            <value>46</value>
            <shrsOrPrnAmt>
                <sshPrnamt>5303225</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>5303225</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>COMSTOCK RESOURCES INC</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>205768AM6</cusip>
            <value>11</value>
            <shrsOrPrnAmt>
                <sshPrnamt>13304</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>13304</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>CONCHO RESOURCES INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>20605P101</cusip>
            <value>21416</value>
            <shrsOrPrnAmt>
                <sshPrnamt>166855</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>131707</Sole>
            <Shared>0</Shared>
            <None>35148</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>CONTINENTAL RESOURCES INC/OK</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>212015101</cusip>
            <value>657</value>
            <shrsOrPrnAmt>
                <sshPrnamt>14450</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>12342</Sole>
            <Shared>0</Shared>
            <None>2108</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>COWEN GROUP INC</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>223622AB7</cusip>
            <value>17407</value>
            <shrsOrPrnAmt>
                <sshPrnamt>17270000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>17270000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>CSX CORP</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>126408103</cusip>
            <value>2068</value>
            <shrsOrPrnAmt>
                <sshPrnamt>44386</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>15232</Sole>
            <Shared>0</Shared>
            <None>29154</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>CTRIP.COM INTERNATIONAL-ADR</nameOfIssuer>
            <titleOfClass>ADR</titleOfClass>
            <cusip>22943F100</cusip>
            <value>7483</value>
            <shrsOrPrnAmt>
                <sshPrnamt>152249</sshPrnamt>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>92427</Sole>
            <Shared>0</Shared>
            <None>59822</None>
            </votingAuthority>
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        <infoTable>
            <nameOfIssuer>DELTA TECHNOLOGY HOLDINGS LT</nameOfIssuer>
            <titleOfClass>WRT</titleOfClass>
            <cusip>G8477B113</cusip>
            <value>35</value>
            <shrsOrPrnAmt>
                <sshPrnamt>576058</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>576058</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
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        <infoTable>
            <nameOfIssuer>DEVON ENERGY CORP</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>25179M103</cusip>
            <value>11866</value>
            <shrsOrPrnAmt>
                <sshPrnamt>284426</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>215413</Sole>
            <Shared>0</Shared>
            <None>69013</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>DISH NETWORK CORP-A</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>25470M109</cusip>
            <value>223</value>
            <shrsOrPrnAmt>
                <sshPrnamt>3506</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>3506</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>DOLLAR GENERAL CORP</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>256677105</cusip>
            <value>9376</value>
            <shrsOrPrnAmt>
                <sshPrnamt>134459</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>87776</Sole>
            <Shared>0</Shared>
            <None>46683</None>
            </votingAuthority>
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        <infoTable>
            <nameOfIssuer>DOUBLE EAGLE ACQUISITION-A</nameOfIssuer>
            <titleOfClass>WRT</titleOfClass>
            <cusip>G28195116</cusip>
            <value>896</value>
            <shrsOrPrnAmt>
                <sshPrnamt>1600000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>1600000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
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        <infoTable>
            <nameOfIssuer>ELECTRUM SPECIAL ACQUISITION</nameOfIssuer>
            <titleOfClass>WRT</titleOfClass>
            <cusip>G3105C112</cusip>
            <value>728</value>
            <shrsOrPrnAmt>
                <sshPrnamt>1617500</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>1617500</Sole>
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            <None>0</None>
            </votingAuthority>
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        <infoTable>
            <nameOfIssuer>ELF BEAUTY INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>26856L103</cusip>
            <value>1008</value>
            <shrsOrPrnAmt>
                <sshPrnamt>35000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>35000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
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            <nameOfIssuer>ENERNOC INC</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>292764AB3</cusip>
            <value>12535</value>
            <shrsOrPrnAmt>
                <sshPrnamt>14592000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>14592000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
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            <nameOfIssuer>EQUINIX INC</nameOfIssuer>
            <titleOfClass>REIT</titleOfClass>
            <cusip>29444U700</cusip>
            <value>2522</value>
            <shrsOrPrnAmt>
                <sshPrnamt>6300</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <putCall>Put</putCall>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>5800</Sole>
            <Shared>0</Shared>
            <None>500</None>
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            <nameOfIssuer>EXTRACTION OIL &amp; GAS INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>30227M105</cusip>
            <value>4638</value>
            <shrsOrPrnAmt>
                <sshPrnamt>250000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>250000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
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            <nameOfIssuer>FACEBOOK INC-A</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>30303M102</cusip>
            <value>640</value>
            <shrsOrPrnAmt>
                <sshPrnamt>4502</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>4502</Sole>
            <Shared>0</Shared>
            <None>0</None>
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            <nameOfIssuer>FAIRMOUNT SANTROL HOLDINGS I</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>30555Q108</cusip>
            <value>6744</value>
            <shrsOrPrnAmt>
                <sshPrnamt>920000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>920000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
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        <infoTable>
            <nameOfIssuer>FIRST HAWAIIAN INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>32051X108</cusip>
            <value>3638</value>
            <shrsOrPrnAmt>
                <sshPrnamt>121602</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>121602</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
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            <nameOfIssuer>FORTINET INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>34959E109</cusip>
            <value>10076</value>
            <shrsOrPrnAmt>
                <sshPrnamt>262749</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>262749</Sole>
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            <None>0</None>
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            <nameOfIssuer>FOUNDATION BUILDING MATERIAL</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>350392106</cusip>
            <value>1597</value>
            <shrsOrPrnAmt>
                <sshPrnamt>100000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>100000</Sole>
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            <None>0</None>
            </votingAuthority>
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            <nameOfIssuer>GLOBAL EAGLE ENTERTMNT</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>37951DAB8</cusip>
            <value>252</value>
            <shrsOrPrnAmt>
                <sshPrnamt>500000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>500000</Sole>
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            <None>0</None>
            </votingAuthority>
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            <nameOfIssuer>GORES HOLDINGS II INC</nameOfIssuer>
            <titleOfClass>UNIT</titleOfClass>
            <cusip>382867208</cusip>
            <value>2058</value>
            <shrsOrPrnAmt>
                <sshPrnamt>200000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
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            <None>0</None>
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            <nameOfIssuer>GSV CAPITAL CORP</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>36191JAB7</cusip>
            <value>13115</value>
            <shrsOrPrnAmt>
                <sshPrnamt>13328000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
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            <Sole>13328000</Sole>
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            <None>0</None>
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            <nameOfIssuer>HALLIBURTON CO</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>406216101</cusip>
            <value>26252</value>
            <shrsOrPrnAmt>
                <sshPrnamt>533462</sshPrnamt>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
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            <Sole>434040</Sole>
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            <None>99422</None>
            </votingAuthority>
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            <nameOfIssuer>HARMONIC INC</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>413160AB8</cusip>
            <value>4092</value>
            <shrsOrPrnAmt>
                <sshPrnamt>3275000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
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            <None>0</None>
            </votingAuthority>
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            <nameOfIssuer>HP INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>40434L105</cusip>
            <value>23519</value>
            <shrsOrPrnAmt>
                <sshPrnamt>1315444</sshPrnamt>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
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            <nameOfIssuer>HP INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>40434L105</cusip>
            <value>6716</value>
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                <sshPrnamt>375700</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <putCall>Call</putCall>
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            <otherManager>none</otherManager>
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            <None>32300</None>
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            <nameOfIssuer>HSBC HOLDINGS PLC FLT PERP</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>404280AT6</cusip>
            <value>5099</value>
            <shrsOrPrnAmt>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
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            <nameOfIssuer>INFOSYS LTD-SP ADR</nameOfIssuer>
            <titleOfClass>ADR</titleOfClass>
            <cusip>456788108</cusip>
            <value>6842</value>
            <shrsOrPrnAmt>
                <sshPrnamt>433000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <putCall>Put</putCall>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>381400</Sole>
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            <None>51600</None>
            </votingAuthority>
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            <nameOfIssuer>INTEL CORP</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>458140100</cusip>
            <value>6145</value>
            <shrsOrPrnAmt>
                <sshPrnamt>170344</sshPrnamt>
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            <investmentDiscretion>SOLE</investmentDiscretion>
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            <None>47542</None>
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            <nameOfIssuer>INVITATION HOMES INC</nameOfIssuer>
            <titleOfClass>REIT</titleOfClass>
            <cusip>46187W107</cusip>
            <value>6549</value>
            <shrsOrPrnAmt>
                <sshPrnamt>300000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
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            <Sole>300000</Sole>
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            <None>0</None>
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            <nameOfIssuer>ISHARES IBOXX USD HIGH YIELD</nameOfIssuer>
            <titleOfClass>ETP</titleOfClass>
            <cusip>464288513</cusip>
            <value>285285</value>
            <shrsOrPrnAmt>
                <sshPrnamt>3250000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <putCall>Put</putCall>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
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            <Sole>3250000</Sole>
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            <None>0</None>
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            <nameOfIssuer>ISHARES MSCI EMERGING MARKET</nameOfIssuer>
            <titleOfClass>ETP</titleOfClass>
            <cusip>464287234</cusip>
            <value>25994</value>
            <shrsOrPrnAmt>
                <sshPrnamt>659900</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <putCall>Put</putCall>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
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            <Sole>659900</Sole>
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            <None>0</None>
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            <nameOfIssuer>J. JILL INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>46620W102</cusip>
            <value>2115</value>
            <shrsOrPrnAmt>
                <sshPrnamt>150000</sshPrnamt>
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            <investmentDiscretion>SOLE</investmentDiscretion>
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            <Sole>150000</Sole>
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            <None>0</None>
            </votingAuthority>
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            <nameOfIssuer>JELD-WEN HOLDING INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>47580P103</cusip>
            <value>5749</value>
            <shrsOrPrnAmt>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
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            <Sole>175000</Sole>
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            <None>0</None>
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            <nameOfIssuer>JUNIPER NETWORKS INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>48203R104</cusip>
            <value>6651</value>
            <shrsOrPrnAmt>
                <sshPrnamt>239013</sshPrnamt>
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            <investmentDiscretion>SOLE</investmentDiscretion>
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            <Sole>239013</Sole>
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            <None>0</None>
            </votingAuthority>
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            <nameOfIssuer>KBS FASION GROUP LTD</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>Y46002203</cusip>
            <value>0</value>
            <shrsOrPrnAmt>
                <sshPrnamt>18000</sshPrnamt>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
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            <Sole>18000</Sole>
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            <None>0</None>
            </votingAuthority>
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            <nameOfIssuer>KEANE GROUP INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>48669A108</cusip>
            <value>3218</value>
            <shrsOrPrnAmt>
                <sshPrnamt>225000</sshPrnamt>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
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            <Sole>225000</Sole>
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            <None>0</None>
            </votingAuthority>
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            <nameOfIssuer>KEYW 2.5 19</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>493723AA8</cusip>
            <value>6115</value>
            <shrsOrPrnAmt>
                <sshPrnamt>6350000</sshPrnamt>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
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            <Sole>6350000</Sole>
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            <None>0</None>
            </votingAuthority>
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            <nameOfIssuer>KINDER MORGAN INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>49456B101</cusip>
            <value>4849</value>
            <shrsOrPrnAmt>
                <sshPrnamt>223025</sshPrnamt>
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            <investmentDiscretion>SOLE</investmentDiscretion>
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            <Sole>76539</Sole>
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            <None>146486</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>KINDER MORGAN INC</nameOfIssuer>
            <titleOfClass>WRT</titleOfClass>
            <cusip>49456B119</cusip>
            <value>2</value>
            <shrsOrPrnAmt>
                <sshPrnamt>500000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>500000</Sole>
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            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>KINDER MORGAN INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>49456B101</cusip>
            <value>16792</value>
            <shrsOrPrnAmt>
                <sshPrnamt>772400</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>OTR</investmentDiscretion>
            <otherManager>1</otherManager>
            <votingAuthority>
            <Sole>772400</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
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        <infoTable>
            <nameOfIssuer>KONGZHONG CORP-ADR</nameOfIssuer>
            <titleOfClass>ADR</titleOfClass>
            <cusip>50047P104</cusip>
            <value>5770</value>
            <shrsOrPrnAmt>
                <sshPrnamt>778669</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>778669</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
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        <infoTable>
            <nameOfIssuer>LA QUINTA HOLDINGS INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>50420D108</cusip>
            <value>931</value>
            <shrsOrPrnAmt>
                <sshPrnamt>68846</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>68846</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>LAUREATE EDUCATION INC-A</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>518613203</cusip>
            <value>635</value>
            <shrsOrPrnAmt>
                <sshPrnamt>44500</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>44500</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>LAYNE CHRISTENSEN CO</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>521050AD6</cusip>
            <value>5624</value>
            <shrsOrPrnAmt>
                <sshPrnamt>5380000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>5380000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
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        <infoTable>
            <nameOfIssuer>LIBERTY TRIPADVISOR HDG-A</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>531465102</cusip>
            <value>958</value>
            <shrsOrPrnAmt>
                <sshPrnamt>67985</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>67985</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>LOWE'S COS INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>548661107</cusip>
            <value>4440</value>
            <shrsOrPrnAmt>
                <sshPrnamt>53992</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>18953</Sole>
            <Shared>0</Shared>
            <None>35039</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>MAMMOTH ENERGY SERVICES INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>56155L108</cusip>
            <value>5593</value>
            <shrsOrPrnAmt>
                <sshPrnamt>260000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>260000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>MICROSOFT CORP</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>594918104</cusip>
            <value>9040</value>
            <shrsOrPrnAmt>
                <sshPrnamt>137264</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>92128</Sole>
            <Shared>0</Shared>
            <None>45136</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>MIDSTATES PETROLEUM CO INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>59804T407</cusip>
            <value>23217</value>
            <shrsOrPrnAmt>
                <sshPrnamt>1258350</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>1258350</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>MODUSLINK GLOBAL SOLUTIO</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>60786LAB3</cusip>
            <value>11206</value>
            <shrsOrPrnAmt>
                <sshPrnamt>12020000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>12020000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>MOLSON COORS BREWING CO -B</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>60871R209</cusip>
            <value>3986</value>
            <shrsOrPrnAmt>
                <sshPrnamt>41658</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>14888</Sole>
            <Shared>0</Shared>
            <None>26770</None>
            </votingAuthority>
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        <infoTable>
            <nameOfIssuer>NEW RELIC INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>64829B100</cusip>
            <value>569</value>
            <shrsOrPrnAmt>
                <sshPrnamt>15359</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>15359</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>NEW YORK MORTGAGE TRUST</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>649604AD7</cusip>
            <value>6325</value>
            <shrsOrPrnAmt>
                <sshPrnamt>6500000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>6500000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>NEWS CORP - CLASS A</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>65249B109</cusip>
            <value>12999</value>
            <shrsOrPrnAmt>
                <sshPrnamt>1000000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <putCall>Put</putCall>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>1000000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>NIKE INC -CL B</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>654106103</cusip>
            <value>266</value>
            <shrsOrPrnAmt>
                <sshPrnamt>4760</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>1715</Sole>
            <Shared>0</Shared>
            <None>3045</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>NIMBLE STORAGE INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>65440R101</cusip>
            <value>6250</value>
            <shrsOrPrnAmt>
                <sshPrnamt>500025</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>500025</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>NIELSEN HOLDINGS PLC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>G6518L108</cusip>
            <value>8206</value>
            <shrsOrPrnAmt>
                <sshPrnamt>198637</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>131130</Sole>
            <Shared>0</Shared>
            <None>67507</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>PALO ALTO NETWORKS INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>697435105</cusip>
            <value>4525</value>
            <shrsOrPrnAmt>
                <sshPrnamt>40165</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>40165</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>PARSLEY ENERGY INC-CLASS A</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>701877102</cusip>
            <value>11379</value>
            <shrsOrPrnAmt>
                <sshPrnamt>350000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>350000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>PATTERSON-UTI ENERGY INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>703481101</cusip>
            <value>22589</value>
            <shrsOrPrnAmt>
                <sshPrnamt>930712</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>930712</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>PDL BIOPHARMA INC</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>69329YAF1</cusip>
            <value>7780</value>
            <shrsOrPrnAmt>
                <sshPrnamt>7918000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>7918000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>PENNYMAC CORP</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>70932AAB9</cusip>
            <value>22812</value>
            <shrsOrPrnAmt>
                <sshPrnamt>23423000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>23423000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>PETROLEO BRASILEIRO-SPON ADR</nameOfIssuer>
            <titleOfClass>ADR</titleOfClass>
            <cusip>71654V408</cusip>
            <value>969</value>
            <shrsOrPrnAmt>
                <sshPrnamt>100000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>100000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>PIONEER NATURAL RESOURCES CO</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>723787107</cusip>
            <value>17675</value>
            <shrsOrPrnAmt>
                <sshPrnamt>94909</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>74264</Sole>
            <Shared>0</Shared>
            <None>20645</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>POST HOLDINGS INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>737446104</cusip>
            <value>602</value>
            <shrsOrPrnAmt>
                <sshPrnamt>6885</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>6885</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>PRICELINE GROUP INC/THE</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>741503403</cusip>
            <value>331</value>
            <shrsOrPrnAmt>
                <sshPrnamt>186</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>186</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>PROPETRO HOLDING CORP</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>74347M108</cusip>
            <value>4318</value>
            <shrsOrPrnAmt>
                <sshPrnamt>335000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>335000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>PROSPECT CAPITAL CORP</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>74348TAK8</cusip>
            <value>4369</value>
            <shrsOrPrnAmt>
                <sshPrnamt>4321000</sshPrnamt>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>4321000</Sole>
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            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>PROSPECT CAPITAL CORP</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>74348TAL6</cusip>
            <value>8837</value>
            <shrsOrPrnAmt>
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                <sshPrnamtType>PRN</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>8625000</Sole>
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            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>QUINPARIO ACQUISITION CORP 2</nameOfIssuer>
            <titleOfClass>WRT</titleOfClass>
            <cusip>74874U119</cusip>
            <value>611</value>
            <shrsOrPrnAmt>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>1222482</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>RAIT FINANCIAL TRUST</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>749227AB0</cusip>
            <value>30516</value>
            <shrsOrPrnAmt>
                <sshPrnamt>32136000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>32136000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>RANGE RESOURCES CORP</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>75281A109</cusip>
            <value>1455</value>
            <shrsOrPrnAmt>
                <sshPrnamt>50000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>50000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>RED HAT INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>756577102</cusip>
            <value>7666</value>
            <shrsOrPrnAmt>
                <sshPrnamt>88629</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>88629</Sole>
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            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>REDWOOD TRUST INC</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>758075AB1</cusip>
            <value>32516</value>
            <shrsOrPrnAmt>
                <sshPrnamt>32325000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>32325000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>RESOURCE CAPITAL CORP</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>76120WAB0</cusip>
            <value>47215</value>
            <shrsOrPrnAmt>
                <sshPrnamt>46693000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>46693000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>RESOURCE CAPITAL CORP</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>76120WAA2</cusip>
            <value>30652</value>
            <shrsOrPrnAmt>
                <sshPrnamt>30630000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>30630000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>RITE AID CORP</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>767754104</cusip>
            <value>4250</value>
            <shrsOrPrnAmt>
                <sshPrnamt>1000000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <putCall>Call</putCall>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>1000000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
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        <infoTable>
            <nameOfIssuer>RITE AID CORP</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>767754104</cusip>
            <value>4250</value>
            <shrsOrPrnAmt>
                <sshPrnamt>1000000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <putCall>Put</putCall>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>1000000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
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        <infoTable>
            <nameOfIssuer>ROCKWELL AUTOMATION INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>773903109</cusip>
            <value>6106</value>
            <shrsOrPrnAmt>
                <sshPrnamt>39209</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>14671</Sole>
            <Shared>0</Shared>
            <None>24538</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>ROCKWELL COLLINS INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>774341101</cusip>
            <value>828</value>
            <shrsOrPrnAmt>
                <sshPrnamt>8525</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>8525</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>ROYAL CARIBBEAN CRUISES LTD</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>V7780T103</cusip>
            <value>582</value>
            <shrsOrPrnAmt>
                <sshPrnamt>5933</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>4059</Sole>
            <Shared>0</Shared>
            <None>1874</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>RPC INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>749660106</cusip>
            <value>11847</value>
            <shrsOrPrnAmt>
                <sshPrnamt>647000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>647000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>RSP PERMIAN INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>74978Q105</cusip>
            <value>8659</value>
            <shrsOrPrnAmt>
                <sshPrnamt>209000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>209000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>RWT HOLDINGS INC</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>749772AB5</cusip>
            <value>11919</value>
            <shrsOrPrnAmt>
                <sshPrnamt>11589000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>11589000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>SAFEGUARD SCIENTIFICS INC</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>786449AK4</cusip>
            <value>4126</value>
            <shrsOrPrnAmt>
                <sshPrnamt>4069000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>4069000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>SILVER RUN ACQUISITION CORP</nameOfIssuer>
            <titleOfClass>UNIT</titleOfClass>
            <cusip>82812A202</cusip>
            <value>1043</value>
            <shrsOrPrnAmt>
                <sshPrnamt>100000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>100000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>SINCLAIR BROADCAST GROUP -A</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>829226109</cusip>
            <value>8910</value>
            <shrsOrPrnAmt>
                <sshPrnamt>220000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>220000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>SOLARCITY CORP</nameOfIssuer>
            <titleOfClass>DEBT</titleOfClass>
            <cusip>83416TAC4</cusip>
            <value>36000</value>
            <shrsOrPrnAmt>
                <sshPrnamt>40171000</sshPrnamt>
                <sshPrnamtType>PRN</sshPrnamtType>
            </shrsOrPrnAmt>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>40171000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>SPDR S&amp;P 500 ETF TRUST</nameOfIssuer>
            <titleOfClass>ETP</titleOfClass>
            <cusip>78462F103</cusip>
            <value>1024292</value>
            <shrsOrPrnAmt>
                <sshPrnamt>4345000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <putCall>Put</putCall>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>4345000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>SPDR S&amp;P OIL &amp; GAS EXP &amp; PR</nameOfIssuer>
            <titleOfClass>ETP</titleOfClass>
            <cusip>78464A730</cusip>
            <value>48673</value>
            <shrsOrPrnAmt>
                <sshPrnamt>1300000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <putCall>Put</putCall>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>1300000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>SPLUNK INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>848637104</cusip>
            <value>531</value>
            <shrsOrPrnAmt>
                <sshPrnamt>8520</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>8520</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>SUPERIOR ENERGY SERVICES INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>868157108</cusip>
            <value>2282</value>
            <shrsOrPrnAmt>
                <sshPrnamt>160000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>160000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>SYMANTEC CORP</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>871503108</cusip>
            <value>7497</value>
            <shrsOrPrnAmt>
                <sshPrnamt>244376</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>160449</Sole>
            <Shared>0</Shared>
            <None>83927</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>TABLEAU SOFTWARE INC-CL A</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>87336U105</cusip>
            <value>13365</value>
            <shrsOrPrnAmt>
                <sshPrnamt>269719</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>269719</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>TABLEAU SOFTWARE INC-CL A</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>87336U105</cusip>
            <value>3702</value>
            <shrsOrPrnAmt>
                <sshPrnamt>74700</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
            </shrsOrPrnAmt>
            <putCall>Call</putCall>
            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>74700</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>TALEND SA  - ADR</nameOfIssuer>
            <titleOfClass>ADR</titleOfClass>
            <cusip>874224207</cusip>
            <value>1489</value>
            <shrsOrPrnAmt>
                <sshPrnamt>50000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>50000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>TECHNICPFMC PLC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>G87110105</cusip>
            <value>10853</value>
            <shrsOrPrnAmt>
                <sshPrnamt>333947</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>312026</Sole>
            <Shared>0</Shared>
            <None>21921</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>TESLA INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>88160R101</cusip>
            <value>5566</value>
            <shrsOrPrnAmt>
                <sshPrnamt>20000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>TRADE DESK INC/THE -CLASS A</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>88339J105</cusip>
            <value>1118</value>
            <shrsOrPrnAmt>
                <sshPrnamt>30000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>30000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>TREEHOUSE FOODS INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>89469A104</cusip>
            <value>949</value>
            <shrsOrPrnAmt>
                <sshPrnamt>11208</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>11208</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>VERIZON COMMUNICATIONS INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>92343V104</cusip>
            <value>26840</value>
            <shrsOrPrnAmt>
                <sshPrnamt>550604</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>452860</Sole>
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            <None>97744</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>VERIZON COMMUNICATIONS INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>92343V104</cusip>
            <value>16542</value>
            <shrsOrPrnAmt>
                <sshPrnamt>339322</sshPrnamt>
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            <investmentDiscretion>OTR</investmentDiscretion>
            <otherManager>1</otherManager>
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            <Sole>339322</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
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        <infoTable>
            <nameOfIssuer>WEATHERFORD INTERNATIONAL PLC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>G48833100</cusip>
            <value>14630</value>
            <shrsOrPrnAmt>
                <sshPrnamt>2200000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>2200000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>WESTERN DIGITAL CORP</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>958102105</cusip>
            <value>558</value>
            <shrsOrPrnAmt>
                <sshPrnamt>6757</sshPrnamt>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>6757</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>
        <infoTable>
            <nameOfIssuer>WPX ENERGY INC</nameOfIssuer>
            <titleOfClass>COM</titleOfClass>
            <cusip>98212B103</cusip>
            <value>670</value>
            <shrsOrPrnAmt>
                <sshPrnamt>50000</sshPrnamt>
                <sshPrnamtType>SH</sshPrnamtType>
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            <investmentDiscretion>SOLE</investmentDiscretion>
            <otherManager>none</otherManager>
            <votingAuthority>
            <Sole>50000</Sole>
            <Shared>0</Shared>
            <None>0</None>
            </votingAuthority>
        </infoTable>

</informationTable>
