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
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 442 5,589 SH   OTR 1,2,3 0 5,589 0
AMERCO COM 023586100 4,402 12,320 SH   OTR 1,2,3 0 12,320 0
AMERICAN CAP LTD COM 02503Y103 14,799 971,033 SH   OTR 1,2,3 0 971,033 0
BANK AMER CORP COM 060505104 4,587 339,250 SH   OTR 1,2,3 0 339,250 0
CIT GROUP INC COM NEW 125581801 2,058 66,317 SH   OTR 1,2,3 0 66,317 0
CLUBCORP HLDGS INC COM 18948M108 12,460 887,489 SH   OTR 1,2,3 0 887,489 0
CST BRANDS INC COM 12646R105 12,925 337,543 SH   OTR 1,2,3 0 337,543 0
DELTA AIR LINES INC DEL COM NEW 247361702 13,331 273,843 SH   OTR 1,2,3 0 273,843 0
DEVON ENERGY CORP NEW COM 25179M103 520 18,954 SH   OTR 1,2,3 0 18,954 0
DIAMOND RESORTS INTL INC COM 25272T104 27,836 1,145,525 SH   OTR 1,2,3 0 1,145,525 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 513 72,000 SH Call OTR 1,2,3 0 72,000 0
FERRO CORP COM 315405100 28,815 2,427,515 SH   OTR 1,2 0 2,427,515 0
FIAT CHRYSLER AUTOMOBILES N SHS N31738102 1,385 171,800 SH Call OTR 1,2,3 0 171,800 0
GRAPHIC PACKAGING HLDG CO COM 388689101 8,525 663,403 SH   OTR 1,2,3 0 663,403 0
INNOPHOS HOLDINGS INC COM 45774N108 1,197 38,741 SH   OTR 1,2,3 0 38,741 0
ISHARES TR RUSSELL 2000 ETF 464287655 21,119 190,900 SH Put OTR 1,2,3 0 190,900 0
JASON INDS INC COM 471172106 2,889 825,519 SH   OTR 1,2,3 0 825,519 0
LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 17,480 330,754 SH   OTR 1,2,3 0 330,754 0
MASONITE INTL CORP NEW COM 575385109 2,743 41,885 SH   OTR 1,2,3 0 41,885 0
NEW YORK REIT INC COM 64976L109 1,483 146,815 SH   OTR 1,2,3 0 146,815 0
NOMAD HLDGS LTD USD ORD SHS G6564A105 5,351 593,898 SH   OTR 1,2,3 0 593,898 0
NORTH AMERN ENERGY PARTNERS COM 656844107 3,471 1,701,630 SH   OTR 1,2,3 0 1,701,630 0
NORTHSTAR RLTY FIN CORP COM 66704R803 5,473 417,120 SH   OTR 1,2,3 0 417,120 0
PENN WEST PETE LTD NEW COM 707887105 12,865 13,834,903 SH   OTR 1,2,3 0 13,834,903 0
PINNACLE FOODS INC DEL COM 72348P104 12,707 284,400 SH Call OTR 1,2,3 0 284,400 0
PINNACLE FOODS INC DEL COM 72348P104 5,506 123,240 SH   OTR 1,2,3 0 123,240 0
SPDR S&P ETF TR TR UNIT 78462F103 107,857 524,800 SH Put OTR 1,2,3 0 524,800 0
SYNCHRONY FINL COM 87165B103 2,404 83,864 SH   OTR 1,2,3 0 83,864 0
VEREIT INC COM 92339V100 9,465 1,067,028 SH   OTR 1,2,3 0 1,067,028 0
WHITING PETE CORP NEW COM 966387102 3,592 450,122 SH   OTR 1,2,3 0 450,122 0
WMIH CORP COM 92936P100 1,090 465,605 SH   OTR 1,2,3 0 465,605 0
YAHOO INC COM 984332106 8,259 224,379 SH   OTR 1,2,3 0 224,379 0
ZAYO GROUP HLDGS INC COM 98919V105 4,295 177,183 SH   OTR 1,2,3 0 177,183 0