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
NXP Semiconductors NV Common Stock N6596X109 26,486 326,701 SH   DFND   326,701 0 0
Crown Castle International Cor REIT 22822V101 31,728 366,800 SH   DFND   366,800 0 0
American Water Works Co Inc Common Stock 030420103 31,669 459,440 SH   DFND   459,440 0 0
Atmos Energy Corp Common Stock 049560105 30,825 415,100 SH   DFND   415,100 0 0
Enbridge Inc Common Stock 29250N105 30,085 773,200 SH   DFND   773,200 0 0
Brookfield Infrastructure Part Ltd Part G16252101 27,252 646,856 SH   DFND   646,856 0 0
Union Pacific Corp Common Stock 907818108 22,636 284,550 SH   DFND   284,550 0 0
KKR & Co LP MLP 48248M102 22,328 1,519,936 SH   DFND   1,519,936 0 0
Kinder Morgan Inc/DE Common Stock 49456B101 22,070 1,235,737 SH   DFND   1,235,737 0 0
Republic Services Inc Common Stock 760759100 21,381 448,700 SH   DFND   448,700 0 0
WEX Inc Common Stock 96208T104 17,293 207,453 SH   DFND   207,453 0 0
Sempra Energy Common Stock 816851109 16,575 159,300 SH   DFND   159,300 0 0
TransCanada Corp Common Stock 89353D107 12,878 327,600 SH   DFND   327,600 0 0
Eversource Energy Common Stock 30040W108 12,282 210,526 SH   DFND   210,526 0 0
Spectra Energy Corp Common Stock 847560109 11,365 371,400 SH   DFND   371,400 0 0
Apollo Global Management LLC MLP 037612306 8,676 506,800 SH   DFND   506,800 0 0
Carlyle Group LP/The MLP 14309L102 8,102 480,000 SH   DFND   480,000 0 0
American Capital Ltd Common Stock 02503Y103 6,996 459,046 SH   DFND   459,046 0 0
Amplify Snack Brands Inc Common Stock 03211L102 6,373 445,015 SH   DFND   445,015 0 0
AVG Technologies NV Common Stock N07831105 5,273 254,121 SH   DFND   254,121 0 0
Ares Capital Corp Common Stock 04010L103 4,464 300,800 SH   DFND   300,800 0 0
New Mountain Finance Corp Common Stock 647551100 3,303 261,300 SH   DFND   261,300 0 0
Triangle Capital Corp Common Stock 895848109 3,056 148,500 SH   DFND   148,500 0 0
Magellan Midstream Partners LP MLP 559080106 2,601 37,800 SH   DFND   37,800 0 0
Enterprise Products Partners L MLP 293792107 2,300 93,400 SH   DFND   93,400 0 0
Concordia Healthcare Corp Common Stock 206519100 1,746 68,194 SH   DFND   68,194 0 0
EXCO Resources Inc Common Stock 269279402 1,640 1,657,894 SH   DFND   1,657,894 0 0
Plains All American Pipeline L MLP 726503105 1,636 78,000 SH   DFND   78,000 0 0
Energy Transfer Partners LP MLP 29273R109 1,067 33,000 SH   DFND   33,000 0 0
Boardwalk Pipeline Partners LP MLP 096627104 1,002 68,000 SH   DFND   68,000 0 0
Macquarie Infrastructure Corp Common Stock 55608B105 971 14,400 SH   DFND   14,400 0 0
PennantPark Investment Corp Common Stock 708062104 633 104,400 SH   DFND   104,400 0 0
Energy Transfer Equity LP MLP 29273V100 612 85,900 SH   DFND   85,900 0 0
ONEOK Inc Common Stock 682680103 508 17,000 SH   DFND   17,000 0 0
Williams Cos Inc/The Common Stock 969457100 362 22,500 SH   DFND   22,500 0 0
Plains GP Holdings LP Common Stock 72651A108 323 37,200 SH   DFND   37,200 0 0
Williams Partners LP MLP 96949L105 315 15,389 SH   DFND   15,389 0 0
Two Harbors Investment Corp REIT 90187B101 127 16,000 SH   DFND   16,000 0 0