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
BUILDERS FIRSTSOURCE INC COM 12008R107 5,531 480,582 SH   OTR 1,2,3 0 480,582 0
CARDCONNECT CORP COM 14141X108 3,396 347,643 SH   OTR 1,2,3 0 347,643 0
CEDAR FAIR L P DEPOSITRY UNIT 150185106 510 8,900 SH   OTR 1,2,3 0 8,900 0
CIT GROUP INC COM NEW 125581801 7,654 210,862 SH   OTR 1,2,3 0 210,862 0
CIT GROUP INC COM NEW 125581801 1,742 48,000 SH Call OTR 1,2,3 0 48,000 0
CLUBCORP HLDGS INC COM 18948M108 25,407 1,755,815 SH   OTR 1,2,3 0 1,755,815 0
CLUBCORP HLDGS INC COM 18948M108 4,777 330,100 SH Call OTR 1,2,3 0 330,100 0
COTY INC COM CL A 222070203 3,261 139,249 SH   OTR 1,2,3 0 139,249 0
COTY INC COM CL A 222070203 3,457 147,100 SH Call OTR 1,2,3 0 147,100 0
DELTA AIR LINES INC DEL COM NEW 247361702 4,709 119,638 SH   OTR 1,2,3 0 119,638 0
FERRO CORP COM 315405100 8,602 622,909 SH   OTR 1,2 0 622,909 0
FIAT CHRYSLER AUTOMOBILES N SHS N31738102 485 75,800 SH Call OTR 1,2,3 0 75,800 0
GORES HLDGS INC *W EXP 08/13/202 382866119 1,129 940,626 SH   OTR 1,2,3 0 940,626 0
GORES HLDGS INC CL A 382866101 14,456 1,338,475 SH   OTR 1,2,3 0 1,338,475 0
GRACE W R & CO DEL NEW COM 38388F108 8,394 113,746 SH   OTR 1,2,3 0 113,746 0
GRACE W R & CO DEL NEW COM 38388F108 2,170 29,400 SH Call OTR 1,2,3 0 29,400 0
HEADWATERS INC COM 42210P102 11,251 664,977 SH   OTR 1,2,3 0 664,977 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 669 29,423 SH   OTR 1,2,3 0 29,423 0
ISHARES TR RUSSELL 2000 ETF 464287655 48,728 392,300 SH Put OTR 1,2,3 0 392,300 0
JASON INDS INC COM 471172106 1,709 769,850 SH   OTR 1,2,3 0 769,850 0
LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 15,781 340,263 SH   OTR 1,2,3 0 340,263 0
MONSTER WORLDWIDE INC COM 611742107 708 196,064 SH   OTR 1,2,3 0 196,064 0
NOMAD HLDGS LTD USD ORD SHS G6564A105 9,389 794,354 SH   OTR 1,2,3 0 794,354 0
NORTHSTAR ASSET MGMT GROUP I COM 66705Y104 634 49,021 SH   OTR 1,2,3 0 49,021 0
NORTHSTAR RLTY FIN CORP COM 66704R803 7,156 543,337 SH   OTR 1,2,3 0 543,337 0
PENN WEST PETE LTD NEW COM 707887105 28,964 16,002,100 SH   OTR 1,2,3 0 16,002,100 0
SONY CORP ADR NEW 835699307 6,611 199,072 SH   OTR 1,2,3 0 199,072 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 180,308 833,600 SH Put OTR 1,2,3 0 833,600 0
STAPLES INC COM 855030102 419 49,035 SH   OTR 1,2,3 0 49,035 0
TIER REIT INC COM NEW 88650V208 3,567 231,032 SH   OTR 1,2,3 0 231,032 0
TWITTER INC COM 90184L102 7,755 336,444 SH   OTR 1,2,3 0 336,444 0
YAHOO INC COM 984332106 9,664 224,215 SH   OTR 1,2,3 0 224,215 0