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
Access Midstream Partners LP common 00434L109 2,590 45,000 SH   DFND   0 0 0
Alliance HLDGS GP LP common 01861G100 1,286 20,000 SH   DFND   0 0 0
Ares Capital Corp common 04010L103 517 30,000 SH   DFND   0 0 0
Atlas Energy LP common 04930A104 14,529 337,500 SH   DFND   0 0 0
Atlas Resource Partners LP common 04941A101 11,060 550,000 SH   DFND   0 0 0
Blackstone Group LP common 09253U108 17,802 550,000 SH   DFND   0 0 0
Crestwood Equity Partners LP common 226344109 743 50,000 SH   DFND   0 0 0
El Paso Pipeline Partners LP common 283702108 4,429 125,000 SH   DFND   0 0 0
Enbridge Energy Partners LP common 29250R106 930 30,000 SH   DFND   0 0 0
Energy Transfer Equity LP common 29273V100 32,731 600,000 SH   DFND   0 0 0
Enlink Midstream LLC common 29336T100 3,095 75,000 SH   DFND   0 0 0
Enterprise Prods Partners LP common 293792107 9,310 123,500 SH   DFND   0 0 0
Kinder Morgan Energy Partners LP common 494550106 3,584 45,815 SH   DFND   0 0 0
Kinder Morgan Inc DEL common 49456B101 2,504 75,000 SH   DFND   0 0 0
Kinder Morgan Management LLC common 49455U100 2,165 27,431 SH   DFND   0 0 0
KKR & CO LLC common 48248M102 10,393 438,350 SH   DFND   0 0 0
Linn Energy LLC common 536020100 1,552 50,000 SH   DFND   0 0 0
Magellan Midstream Partners LP common 559080106 13,209 160,000 SH   DFND   0 0 0
Markwest Energy Partners common 570759100 1,220 197,000 SH   DFND   0 0 0
Och-Ziff Capital Management GR common 67551U105 4,876 360,000 SH   DFND   0 0 0
Oneok Partners LP common 68268N103 6,975 125,000 SH   DFND   0 0 0
Plains All Amern Pipeline LP common 726503105 3,331 85,000 SH   DFND   0 0 0
Plains GP Holdings LP common 72651A108 138 5,000 SH   DFND   0 0 0
Regency Energy Partners common 75885Y107 973 34,986 SH   DFND   0 0 0
Spectra Energy Partners LP common 84756N109 629 12,000 SH   DFND   0 0 0
Stonemor Partners LP common 86183Q100 5,986 250,000 SH   DFND   0 0 0
Targa Resources Corp common 87612G101 2,874 25,000 SH   DFND   0 0 0
Targa Resources Partners common 87611X105 1,798 25,000 SH   DFND   0 0 0
Western Gas Equity Partners LP common 95825R103 3,135 50,000 SH   DFND   0 0 0
Williams Cos Inc common 969457100 3,070 65,000 SH   DFND   0 0 0
Williams Partners LP common 96950F104 266 5,000 SH   DFND   0 0 0