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
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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
ACORDA THERAPEUTICS INC NOTE 1.750% 6/1 00484MAA4 1,128 1,000,000 PRN   OTR 1 0 1,000,000 0
AIR PRODS & CHEMS INC COM 009158106 5,192 36,000 SH   OTR 1 0 36,000 0
AKORN INC NOTE 3.500% 6/0 009728AB2 19,395 4,500,000 PRN   OTR 1 0 4,500,000 0
ALLY FINL INC COM 02005N100 5,752 243,537 SH   OTR 2 0 243,537 0
AMEDISYS INC COM 023436108 141,954 4,836,608 SH   OTR 2 0 4,836,608 0
AMERICAN INTL GROUP INC COM NEW 026874784 9,079 162,100 SH   OTR 1 0 162,100 0
AMERICAN INTL GROUP INC COM NEW 026874784 1,680 30,000 SH   OTR 2 0 30,000 0
AMERIPRISE FINL INC COM 03076C106 6,123 46,300 SH   OTR 1 0 46,300 0
ANADARKO PETE CORP COM 032511107 495 6,000 SH   OTR 1 0 6,000 0
ASHLAND INC NEW COM 044209104 2,002 16,715 SH   OTR 1 0 16,715 0
AXIALL CORP COM 05463D100 1,988 46,800 SH   OTR 1 0 46,800 0
BANK AMER CORP COM 060505104 1,342 75,000 SH   OTR 2 0 75,000 0
BARCLAYS BANK PLC ADR PFD SR 5 06739H362 2,125 81,469 SH   OTR 2 0 81,469 0
CBS CORP NEW CL B 124857202 2,003 36,200 SH   OTR 1 0 36,200 0
CHARTER COMMUNICATIONS INC D CL A NEW 16117M305 3,666 22,000 SH   OTR 1 0 22,000 0
CHENIERE ENERGY INC COM NEW 16411R208 3,839 54,530 SH   OTR 1 0 54,530 0
CHENIERE ENERGY INC COM NEW 16411R208 5,280 75,000 SH Call OTR 1 0 75,000 0
COHERUS BIOSCIENCES INC COM 19249H103 49,858 3,055,055 SH   OTR 1 0 3,055,055 0
CONTINENTAL AIRLS INC NOTE 4.500% 1/1 210795PU8 56,220 15,770,000 PRN   OTR 1 0 15,770,000 0
CROWN CASTLE INTL CORP NEW COM 22822V101 6,142 78,040 SH   OTR 1 0 78,040 0
DEERE & CO COM 244199105 1,062 12,000 SH   OTR 2 0 12,000 0
DEVELOPERS DIVERSIFIED RLTY NOTE 1.750%11/1 251591AX1 12,450 10,000,000 PRN   OTR 1 0 10,000,000 0
DISCOVER FINL SVCS COM 254709108 8,232 125,700 SH   OTR 1 0 125,700 0
DISH NETWORK CORP CL A 25470M109 2,916 40,000 SH   OTR 1 0 40,000 0
DOW CHEM CO COM 260543103 2,463 54,000 SH   OTR 1 0 54,000 0
ENERSYS NOTE 3.375% 6/0 29275YAA0 20,069 13,000,000 PRN   OTR 1 0 13,000,000 0
EQT CORP COM 26884L109 1,514 20,000 SH Call OTR 1 0 20,000 0
ESSEX RENT CORP COM 297187106 528 400,000 SH   OTR 2 0 400,000 0
FLEETCOR TECHNOLOGIES INC COM 339041105 1,368 9,200 SH   OTR 1 0 9,200 0
FRANCESCAS HLDGS CORP COM 351793104 34,188 2,047,194 SH   OTR 1 0 2,047,194 0
GILEAD SCIENCES INC NOTE 1.625% 5/0 375558AP8 55,418 13,250,000 PRN   OTR 1 0 13,250,000 0
GOOGLE INC CL A 38259P508 2,489 4,690 SH   OTR 1 0 4,690 0
GULFPORT ENERGY CORP COM NEW 402635304 1,544 37,000 SH Call OTR 1 0 37,000 0
HARBINGER GROUP INC COM 41146A106 5,852 413,246 SH   OTR 2 0 413,246 0
HCA HOLDINGS INC COM 40412C101 1,092,780 14,890,037 SH   OTR   0 14,890,037 0
HEALTH CARE REIT INC PFD PER CON I 42217K601 9,878 150,000 SH   OTR 1 0 150,000 0
HEALTH CARE REIT INC NOTE 3.000%12/0 42217KAR7 19,500 13,000,000 PRN   OTR 1 0 13,000,000 0
HUNTSMAN CORP COM 447011107 4,600 201,941 SH   OTR 1 0 201,941 0
ISHARES IBOXX HI YD ETF 464288513 1,120 12,500 SH   OTR 1 0 12,500 0
ISHARES TR RUSSELL 2000 ETF 464287655 4,785 40,000 SH Put OTR 1 0 40,000 0
KAPSTONE PAPER & PACKAGING C COM 48562P103 1,398 47,700 SH   OTR 1 0 47,700 0
KKR & CO L P DEL COM UNITS 48248M102 108,325 4,667,166 SH   OTR 1 0 4,667,166 0
LIBERTY INTERACTIVE CORP INT COM SER A 53071M104 4,943 168,000 SH   OTR 1 0 168,000 0
LORILLARD INC COM 544147101 315 5,000 SH   OTR 2 0 5,000 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 2,382 30,000 SH Call OTR 1 0 30,000 0
MARKEL CORP COM 570535104 1,024 1,500 SH   OTR 2 0 1,500 0
MARKET VECTORS ETF TR OIL SVCS ETF 57060U191 2,874 80,000 SH Put OTR 1 0 80,000 0
MDC PARTNERS INC CL A SUB VTG 552697104 1,159 51,018 SH   OTR 1 0 51,018 0
MEDIVATION INC NOTE 2.625% 4/0 58501NAA9 27,744 14,450,000 PRN   OTR 1 0 14,450,000 0
NCR CORP NEW COM 62886E108 1,524 52,300 SH   OTR 1 0 52,300 0
NEXTERA ENERGY INC UNIT 09/01/2015 65339F887 6,694 100,000 SH   OTR 1 0 100,000 0
NIELSEN N V COM N63218106 687,357 15,366,790 SH   OTR   0 15,366,790 0
NOBLE CORP PLC SHS USD G65431101 166 10,000 SH   OTR 1 0 10,000 0
NORTHSTAR ASSET MGMT GROUP I COM 66705Y104 1,625 71,987 SH   OTR 1 0 71,987 0
NORTHSTAR RLTY FIN CORP COM NEW 66704R704 2,075 118,022 SH   OTR 1 0 118,022 0
PACKAGING CORP AMER COM 695156109 2,650 33,950 SH   OTR 1 0 33,950 0
PENN VA CORP COM 707882106 589 88,200 SH Call OTR 1 0 88,200 0
PHH CORP NOTE 6.000% 6/1 693320AQ6 5,992 3,000,000 PRN   OTR 1 0 3,000,000 0
PIONEER NAT RES CO COM 723787107 521 3,500 SH   OTR 1 0 3,500 0
PRA HEALTH SCIENCES INC COM 69354M108 967,193 39,933,657 SH   OTR   0 39,933,657 0
PROSHARES TR SHRT 20+YR TRE 74347X849 629 25,000 SH   OTR 1 0 25,000 0
RIGNET INC COM 766582100 194,893 4,750,000 SH   OTR   0 4,750,000 0
RITE AID CORP NOTE 8.500% 5/1 767754BU7 11,001 4,185,000 PRN   OTR 1 0 4,185,000 0
SALESFORCE COM INC NOTE 0.750% 1/1 79466LAB0 11,589 4,214,000 PRN   OTR 1 0 4,214,000 0
SANDISK CORP NOTE 1.500% 8/1 80004CAD3 45,943 23,500,000 PRN   OTR 1 0 23,500,000 0
SANDISK CORP NOTE 0.500%10/1 80004CAF8 11,406 9,500,000 PRN   OTR 1 0 9,500,000 0
SIMPSON MANUFACTURING CO INC COM 829073105 10,946 316,369 SH   OTR 1 0 316,369 0
SPANSION LLC NOTE 2.000% 9/0 84649PAL9 17,990 7,313,000 PRN   OTR 1 0 7,313,000 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 13,274 343,800 SH   OTR 1 0 343,800 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 16,443 80,000 SH Put OTR 1 0 80,000 0
STARWOOD PPTY TR INC NOTE 4.550% 3/0 85571BAA3 3,477 3,265,000 PRN   OTR 1 0 3,265,000 0
T MOBILE US INC CONV PFD SER A 872590203 2,650 50,000 SH   OTR 1 0 50,000 0
TEREX CORP NEW NOTE 4.000% 6/0 880779AV5 15,359 8,515,000 PRN   OTR 1 0 8,515,000 0
TIME WARNER CABLE INC COM 88732J207 1,825 12,000 SH   OTR 1 0 12,000 0
TIME WARNER INC COM NEW 887317303 7,244 84,805 SH   OTR 1 0 84,805 0
TRAVELPORT WORLDWIDE LTD SHS G9019D104 20,873 1,159,622 SH   OTR 2 0 1,159,622 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 4,314 112,333 SH   OTR 1 0 112,333 0
UNITED THERAPEUTICS CORP DEL NOTE 1.000% 9/1 91307CAF9 8,393 3,000,000 PRN   OTR 1 0 3,000,000 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 3,802,363 49,899,773 SH   OTR   0 49,899,773 0
WILLIAMS COS INC DEL COM 969457100 1,034 23,000 SH   OTR 1 0 23,000 0
WISDOMTREE TR INDIA ERNGS FD 97717W422 10,013 454,100 SH   OTR 1 0 454,100 0
WORKDAY INC NOTE 1.500% 7/1 98138HAD3 9,760 8,000,000 PRN   OTR 1 0 8,000,000 0
XILINX INC NOTE 2.625% 6/1 983919AF8 5,294 3,500,000 PRN   OTR 1 0 3,500,000 0