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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

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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
BRINKS CO COM 109696104 14,313 501,317 SH   DFND 1,2,3 0 501,317 0
CHECKPOINT SYS INC COM 162825103 5,399 402,323 SH   DFND 1,2,3 0 402,323 0
COASTAL CONTACTS INC COM 19044R207 24,010 2,141,804 SH   DFND 1,2,3 0 2,141,804 0
GIBRALTAR INDS INC COM 374689107 28,669 1,519,313 SH   DFND 1,2,3 0 1,519,313 0
GP STRATEGIES CORP COM 36225V104 95,639 3,512,274 SH   DFND 1,2,3 0 3,512,274 0
HUDSON GLOBAL INC COM 443787106 17,578 4,650,189 SH   DFND 1,2,3 0 4,650,189 0
ICF INTL INC COM 44925C103 60,967 1,531,448 SH   DFND 1,2,3 0 1,531,448 0
INNERWORKINGS INC COM 45773Y105 57,083 7,452,125 SH   DFND 1,2,3 0 7,452,125 0