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
AMERICAN INTL GROUP INC COM NEW 026874784 43,209 966,636 SH   SOLE   966,636 0 0
AVIS BUDGET GROUP COM 053774105 1,725 60,000 SH   SOLE   60,000 0 0
BERRY PLASTICS GROUP INC COM 08579W103 5,654 256,200 SH   SOLE   256,200 0 0
CHENIERE ENERGY INC COM NEW 16411R208 18,426 663,771 SH   SOLE   663,771 0 0
DANA HLDG CORP COM 235825205 18,702 971,005 SH   SOLE   971,005 0 0
GENERAL MTRS CO COM 37045V100 17,840 535,588 SH   SOLE   535,588 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 2,480 100,000 SH   SOLE   100,000 0 0
HESS CORP COM 42809H107 16,769 252,197 SH   SOLE   252,197 0 0
HORIZON PHARMA INC COM 44047T109 1,281 520,832 SH   SOLE   520,832 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 34,514 469,641 SH   SOLE   469,641 0 0
MFA FINL INC COM 55272X102 19,154 2,266,717 SH   SOLE   2,266,717 0 0
NXP SEMICONDUCTORS N V COM N6596X109 13,990 451,000 SH   SOLE   451,000 0 0
OCWEN FINL CORP COM NEW 675746309 21,918 531,736 SH   SOLE   531,736 0 0
SCRIPPS NETWORKS INTERACT IN CL A COM 811065101 10,365 155,257 SH   SOLE   155,257 0 0
SPANISH BROADCASTING SYS INC CL A NEW 846425833 74 21,171 SH   SOLE   21,171 0 0
TIME WARNER CABLE INC COM 88732J207 35,574 316,271 SH   SOLE   316,271 0 0
WALTER INVT MGMT CORP COM 93317W102 3,895 115,191 SH   SOLE   115,191 0 0