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
TIME WARNER ORD Common 887317303 23,297 360,252 SH   SOLE   360,252 0 0
ACCRETIVE HEALTH ORD Common 00438v103 8,952 2,797,643 SH   SOLE   2,797,643 0 0
AETNA ORD Common 00817y108 28,327 262,000 SH   SOLE   262,000 0 0
ALTISOURCE RESIDENTIAL REIT Common 02153w100 33,439 2,694,504 SH   SOLE   2,694,504 0 0
DYNEGY INC- CW17 Common 26817r116 2,192 4,664,219 SH   SOLE   4,664,219 0 0
DYNEGY ORD Common 26817r108 14,668 1,094,651 SH   SOLE   1,094,651 0 0
FTD ORD Common 30281v108 46,827 1,789,320 SH   SOLE   1,789,320 0 0
GILEAD SCIENCES ORD Common 375558103 74,626 737,486 SH   SOLE   737,486 0 0
GLOBALSTAR VTG ORD Common 378973408 30,128 20,922,260 SH   SOLE   20,922,260 0 0
HUMANA ORD Common 444859102 15,263 85,500 SH   SOLE   85,500 0 0
IAC INTERACTIVE ORD Common 44919p508 57,830 963,039 SH   SOLE   963,039 0 0
INNOVIVA ORD Common 45781m101 31,401 2,979,212 SH   SOLE   2,979,212 0 0
INTERNATIONAL GAME TECHNOLOGY ORD Common G4863A108 69,475 4,293,874 SH   SOLE   4,293,874 0 0
MEDASSETS ORD Common 584045108 93,495 3,021,806 SH   SOLE   3,021,806 0 0
MYLAN ORD Common N59465109 81,883 1,514,383 SH   SOLE   1,514,383 0 0
SPRINT ORD Common 85207u105 22,857 6,314,175 SH   SOLE   6,314,175 0 0
TIMKENSTEEL ORD Common 887399103 7,222 861,784 SH   SOLE   861,784 0 0
VITAMIN SHOPPE ORD Common 92849e101 41,313 1,263,383 SH   SOLE   1,263,383 0 0