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
AIR PRODS & CHEMS INC COM 009158106 5,070 800,000 SH Call DFND 0 800,000 0
AIR PRODS & CHEMS INC COM 009158106 53,487 390,900 SH   DFND 0 390,900 0
AKORN INC COM 009728106 14,164 324,422 SH   DFND 0 324,422 0
AMC ENTMT HLDGS INC CL A COM 00165C104 19,635 640,000 SH   DFND 0 640,000 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 4,422 240,700 SH   DFND 0 240,700 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104 6,098 750,000 SH   DFND 0 750,000 0
APPLIED MATLS INC COM 038222105 9,610 500,000 SH   DFND 0 500,000 0
BARRICK GOLD CORP COM 067901108 198 500,000 SH Call DFND 0 500,000 0
BLACKHAWK NETWORK HLDGS INC COM 09238E104 17,716 430,000 SH   DFND 0 430,000 0
BOULEVARD ACQUISITION CORP COM 10157P104 8,875 710,000 SH   DFND 0 710,000 0
CHENIERE ENERGY INC COM NEW 16411R208 32,137 464,000 SH   DFND 0 464,000 0
CONSTELLATION BRANDS INC CL A 21036P108 48,728 420,000 SH   DFND 0 420,000 0
CORDIA BANCORP INC COM 218513109 892 232,940 SH   DFND 0 232,940 0
DELPHI AUTOMOTIVE PLC SHS G27823106 34,036 400,000 SH   DFND 0 400,000 0
EASTMAN KODAK CO *W EXP 09/03/201 277461133 78 19,138 SH   DFND 0 19,138 0
EASTMAN KODAK CO *W EXP 09/03/201 277461141 71 19,138 SH   DFND 0 19,138 0
FORTRESS INVESTMENT GROUP LL CL A 34958B106 35,198 4,821,681 SH   DFND 0 4,821,681 0
HEALTH NET INC COM 42222G108 21,048 328,263 SH   DFND 0 328,263 0
HOUGHTON MIFFLIN HARCOURT CO COM 44157R109 34,738 1,378,498 SH   DFND 0 1,378,498 0
IAC INTERACTIVECORP COM PAR $.001 44919P508 32,007 401,800 SH   DFND 0 401,800 0
ISHARES IBOXX HI YD ETF 464288513 1,000 2,000,000 SH Put DFND 0 2,000,000 0
ISHARES TR RUSSELL 2000 ETF 464287655 158 120,000 SH Put DFND 0 120,000 0
ISHARES TR U.S. REAL ES ETF 464287739 206 55,000 SH Put DFND 0 55,000 0
JARDEN CORP NOTE 1.125% 3/1 471109AM0 29,109 25,000,000 PRN   DFND 0 25,000,000 0
KCG HLDGS INC CL A 48244B100 4,518 366,416 SH   DFND 0 366,416 0
KRATON PERFORMANCE POLYMERS COM 50077C106 5,022 210,300 SH   DFND 0 210,300 0
MACYS INC COM 55616P104 55,460 822,000 SH   DFND 0 822,000 0
MACYS INC COM 55616P104 287 100,000 SH Call DFND 0 100,000 0
MEREDITH CORP COM 589433101 82 80,000 SH Put DFND 0 80,000 0
NCR CORP NEW COM 62886E108 26,014 864,237 SH   DFND 0 864,237 0
OM GROUP INC COM 670872100 9,808 291,908 SH   DFND 0 291,908 0
ORION ENGINEERED CARBONS S A COM L72967109 7,199 390,000 SH   DFND 0 390,000 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 83 75,000 SH Put DFND 0 75,000 0
SHUTTERFLY INC COM 82568P304 14,850 310,600 SH   DFND 0 310,600 0
SIX FLAGS ENTMT CORP NEW COM 83001A102 8,746 195,000 SH   DFND 0 195,000 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 59 451,500 SH Put DFND 0 451,500 0
SPDR SERIES TRUST S&P RETAIL ETF 78464A714 174 100,000 SH Put DFND 0 100,000 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 1,073 23,000 SH   DFND 0 23,000 0
SPRINGLEAF HLDGS INC COM 85172J101 86,611 1,886,534 SH   DFND 0 1,886,534 0
TESSERA TECHNOLOGIES INC COM 88164L100 15,486 407,732 SH   DFND 0 407,732 0
TOWNSQUARE MEDIA INC CL A 892231101 11,140 820,300 SH   DFND 0 820,300 0
TRANSUNION COM 89400J107 2,510 100,000 SH   DFND 0 100,000 0
TRAVELPORT WORLDWIDE LTD SHS G9019D104 23,985 1,740,600 SH   DFND 0 1,740,600 0
WEBSTER FINL CORP CONN COM 947890109 73,709 1,863,687 SH   DFND 0 1,863,687 0
XENIA HOTELS & RESORTS INC COM 984017103 9,566 440,000 SH   DFND 0 440,000 0