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
ALLY FINL INC COM 02005N100 3,976 213,325 SH   SOLE   213,325 0 0
GENERAL MTRS CO COM 37045V100 984 28,936 SH   SOLE   28,936 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V118 2,203 90,577 SH   SOLE   90,577 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V126 1,476 90,577 SH   SOLE   90,577 0 0
HP INC COM 40434L105 1,776 150,000 SH   SOLE   150,000 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 7,549 173,709 SH   SOLE   173,709 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 2,280 150,000 SH   SOLE   150,000 0 0
ISTAR INC COM 45031U101 12,036 1,026,103 SH   SOLE   1,026,103 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 349 10,839 SH   SOLE   10,839 0 0
ISHARES TR MSCI EAFE ETF 464287465 541 9,218 SH   SOLE   9,218 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 352 3,126 SH   SOLE   3,126 0 0
ASPEN AEROGELS INC COM 04523Y105 17,589 2,897,652 SH   SOLE   2,897,652 0 0
KKR & CO L P DEL COM UNITS 48248M102 3,338 214,098 SH   SOLE   214,098 0 0
LIFEPOINT HEALTH INC COM 53219L109 9,337 127,201 SH   SOLE   127,201 0 0
OHA INVT CORP COM 67091U102 3,082 811,119 SH   SOLE   811,119 0 0
PAR PACIFIC HOLDINGS INC COM NEW 69888T207 10,700 454,545 SH   SOLE   454,545 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 12,866 280,984 SH   SOLE   280,984 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 733 3,597 SH   SOLE   3,597 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 374 1,472 SH   SOLE   1,472 0 0
STATOIL ASA SPONSORED ADR 85771P102 2,764 198,000 SH   SOLE   198,000 0 0
ENSCO PLC SHS CLASS A G3157S106 18,314 1,190,000 SH   SOLE   1,190,000 0 0
XL GROUP PLC SHS G98290102 17,709 451,990 SH   SOLE   451,990 0 0
BP PLC SPONSORED ADR 055622104 2,845 91,000 SH   SOLE   91,000 0 0
DHT HOLDINGS INC SHS NEW Y2065G121 3,290 406,618 SH   SOLE   406,618 0 0
BANK AMER CORP COM 060505104 16,402 974,573 SH   SOLE   974,573 0 0
CAPITAL BK FINL CORP CL A COM 139794101 23,985 750,000 SH   SOLE   750,000 0 0
CHEVRON CORP NEW COM 166764100 15,322 170,319 SH   SOLE   170,319 0 0
CISCO SYS INC COM 17275R102 2,971 109,400 SH   SOLE   109,400 0 0
ELLINGTON FINANCIAL LLC COM 288522303 3,074 183,210 SH   SOLE   183,210 0 0
GENERAL ELECTRIC CO COM 369604103 1,586 50,900 SH   SOLE   50,900 0 0
WCI CMNTYS INC COM PAR $0.01 92923C807 109 4,882 SH   SOLE   4,882 0 0