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
ARC GROUP WORLDWIDE INC COM 00213H105 2,603 1,577,839 SH   SOLE   1,577,839 0 0
ARES MGMT LP COM SHS REG INT 04014Y101 13,943 601,000 SH   SOLE   601,000 0 0
CORPORATE CAP TR INC COM 219880101 1,340 87,826 SH   SOLE   87,826 0 0
EMCORE CORP COM NEW 290846203 6,529 1,374,606 SH   SOLE   1,374,606 0 0
EVERI HLDGS INC COM 30034T103 17,008 1,854,752 SH   SOLE   1,854,752 0 0
GOLDEN ENTMT INC COM 381013101 3,021 125,836 SH   SOLE   125,836 0 0
GREAT ELM CAP GROUP INC COM NEW 39036P209 7,809 2,402,792 SH   SOLE   2,402,792 0 0
IAC INTERACTIVECORP COM 44919P508 15,439 71,241 SH   SOLE   71,241 0 0
INFORMATION SERVICES GROUP I COM 45675Y104 4,288 896,975 SH   SOLE   896,975 0 0
INTEVAC INC COM 461148108 3,183 612,077 SH   SOLE   612,077 0 0
JACK IN THE BOX INC COM 466367109 7,309 87,186 SH   SOLE   87,186 0 0
LADDER CAP CORP CL A 505743104 6,437 380,000 SH   SOLE   380,000 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 5,555 127,840 SH   SOLE   127,840 0 0
PRGX GLOBAL INC COM NEW 69357C503 16,835 1,935,018 SH   SOLE   1,935,018 0 0
STARWOOD PPTY TR INC COM 85571B105 5,389 250,418 SH   SOLE   250,418 0 0
TURNING PT BRANDS INC COM 90041L105 5,879 141,806 SH   SOLE   141,806 0 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 8,390 183,100 SH   SOLE   183,100 0 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105 7,684 138,268 SH   SOLE   138,268 0 0