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
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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
CAESARS ENTERTAINMENT CORPORATION COM 127686103 751 55,249 SH   SOLE 1 55,249 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106 357 124,986 SH   SOLE 1 124,986 0 0
IHEARTMEDIA INC COM CL A 45174J509 898 53,152 SH   SOLE 1 53,152 0 0
ING SPDR BLOOMBERG BARCLAYS LONG TERM ET PORTFOLIO LN COR 78464A367 6,331 210,250 SH   SOLE   210,250 0 0
ISHARES CORE INTL AGGREGATE BND ET CORE INTL AGGR 46435G672 16,015 292,300 SH   SOLE   292,300 0 0
ISHARES CORE S&P TOTAL U.S. STOCK CORE S&P TTL STK 464287150 3,373 46,400 SH   SOLE   46,400 0 0
ISHARES CORE US AGGREGATE BOND ETF CORE US AGGBD ET 464287226 3,247 28,900 SH   SOLE   28,900 0 0
ISHARES IBOXX INVESTMENT GRADE IBOXX INV CP ETF 464287242 21,139 165,200 SH   SOLE   165,200 0 0
ISHARES MSCI ACWI ETF MSCI ACWI ETF 464288257 8,900 112,300 SH   SOLE   112,300 0 0
ISHARES MSCI TOTAL INTL STOCK ETF CORE MSCI TOTAL 46432F834 2,049 33,100 SH   SOLE   33,100 0 0
ISHARES INTERMEDIATE TERM CO INTRM TR CRP ETF 464288638 15,028 259,187 SH   SOLE 1 259,187 0 0
ISHARES LONG TERM CORPORATE ETF LNG TR CRPRT BD 464289511 15,230 228,444 SH   SOLE 1 228,444 0 0
ISHARES LONG TERM CORPORATE ETF LNG TR CRPRT BD 464289511 20,041 300,600 SH   SOLE   300,600 0 0
ISHARES SHORT TERM CORPORATE ETF SH TR CRPORT ETF 464288646 2,928 54,601 SH   SOLE 1 54,601 0 0
PACIFIC DRILLING SA COM L7257P205 611 149,735 SH   SOLE 1 149,735 0 0
SCHWAB US AGGREGATE BOND ETF US AGGREGATE B 808524839 3,243 60,700 SH   SOLE   60,700 0 0
SCHWAB US BROAD MARKET ETF US BRD MKT ETF 808524102 3,375 43,900 SH   SOLE   43,900 0 0
SPDR PORTFOLIO AGGREGATE BOND ETF PORTFOLIO AGRGTE 78464A649 3,246 110,500 SH   SOLE   110,500 0 0
THE INTERPUBLIC GROUP OF COMPANIES COM 460690100 175 7,584 SH   SOLE   7,584 0 0
TIDEWATER INC COM 88642R109 18,713 970,612 SH   SOLE   970,612 0 0
TRANSOCEAN LTD REG SHS H8817H100 1,199 174,307 SH   SOLE 1 174,307 0 0
TRANSOCEAN LTD REG SHS H8817H100 1,696 246,531 SH   SOLE   246,531 0 0
VANGUARD FTSE ALL-WORLD EX-US INDE ALLWRLD EX US 922042775 3,091 57,500 SH   SOLE   57,500 0 0
VANGUARD INTERMEDIATE TERM CORPORA INT-TERM CORP 92206C870 10,567 115,700 SH   SOLE   115,700 0 0
VANGUARD LONG TERM BOND INDEX FUND LONG TERM BOND 921937793 10,425 103,900 SH   SOLE   103,900 0 0
VANGUARD LONG TERM CORPORATE BOND LG-TERM COR BD 92206C813 36,915 364,200 SH   SOLE   364,200 0 0
VANGUARD TOTAL BOND MARKET INDEX F TOTAL BND MRKT 921937835 3,245 38,700 SH   SOLE   38,700 0 0
VANGUARD TOTAL INTERNATIONAL BOND INTL BD IDX ETF 92203J407 3,910 69,100 SH   SOLE   69,100 0 0
VANGUARD TOTAL WORLD STOCK INDEX F TT WRLD ST ETF 922042742 8,933 110,300 SH   SOLE   110,300 0 0