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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALEXANDRIA REAL ESTATE EQ IN COM 015271109   70,122 758 SH   SOLE   0 0 758
AMERICAN AIRLS GROUP INC COM 02376R102   422,000 40,000 SH Call SOLE   40,000 0 0
AMERICAN HOMES 4 RENT CL A 02665T306   68,247 1,805 SH   SOLE   0 0 1,805
AMERICAN TOWER CORP NEW COM 03027X100   169,510 779 SH   SOLE   0 0 779
ARES CAPITAL CORP COM 04010L103   24,935,562 1,125,251 SH   SOLE   0 0 1,125,251
AVALONBAY CMNTYS INC COM 053484101   53,869 251 SH   SOLE   0 0 251
BAIN CAP SPECIALTY FIN INC COM STK 05684B107   6,009,631 362,026 SH   SOLE   0 0 362,026
BARINGS BDC INC COM 06759L103   2,508,161 262,910 SH   SOLE   0 0 262,910
BLACKROCK TCP CAPITAL CORP COM 09259E108   2,113,790 263,894 SH   SOLE   0 0 263,894
BLACKSTONE SECD LENDING FD COMMON STOCK 09261X102   14,751,176 455,846 SH   SOLE   0 0 455,846
BLUE OWL CAPITAL CORPORATION COM 69121K104   15,513,475 1,058,218 SH   SOLE   0 0 1,058,218
CAESARS ENTERTAINMENT INC NE COM 12769G100   500,000 20,000 SH Call SOLE   20,000 0 0
CAPITAL SOUTHWEST CORP COM 140501107   3,066,120 137,371 SH   SOLE   0 0 137,371
CARLYLE SECURED LENDING INC COM 872280102   3,150,521 194,717 SH   SOLE   0 0 194,717
CRESCENT CAP BDC INC COM 225655109   1,382,713 80,766 SH   SOLE   0 0 80,766
CROWN CASTLE INC COM 22822V101   82,029 787 SH   SOLE   0 0 787
DECKERS OUTDOOR CORP COM 243537107   1,118,100 10,000 SH Call SOLE   10,000 0 0
DIGITAL RLTY TR INC COM 253868103   214,361 1,496 SH   SOLE   0 0 1,496
EQUINIX INC COM 29444U700   311,463 382 SH   SOLE   0 0 382
EQUITY RESIDENTIAL SH BEN INT 29476L107   89,904 1,256 SH   SOLE   0 0 1,256
ESSEX PPTY TR INC COM 297178105   35,562 116 SH   SOLE   0 0 116
EXTRA SPACE STORAGE INC COM 30225T102   81,372 548 SH   SOLE   0 0 548
FIDUS INVT CORP COM 316500107   1,878,347 92,121 SH   SOLE   0 0 92,121
FS KKR CAP CORP COM 302635206   13,408,062 640,003 SH   SOLE   0 0 640,003
GOLDMAN SACHS BDC INC SHS 38147U107   5,049,129 434,147 SH   SOLE   0 0 434,147
GOLUB CAP BDC INC COM 38173M102   14,137,535 933,787 SH   SOLE   0 0 933,787
GRAY MEDIA INC COM 389375106   90,720 21,000 SH Call SOLE   21,000 0 0
HERCULES CAPITAL INC COM 427096508   9,804,226 510,371 SH   SOLE   0 0 510,371
HIMS & HERS HEALTH INC COM CL A 433000106   723,975 24,500 SH Put SOLE   24,500 0 0
HOST HOTELS & RESORTS INC COM 44107P104   85,927 6,047 SH   SOLE   0 0 6,047
IRON MTN INC DEL COM 46284V101   126,650 1,472 SH   SOLE   0 0 1,472
IRON MTN INC DEL COM 46284V101   645,300 7,500 SH Call SOLE   7,500 0 0
MAIN STR CAP CORP COM 56035L104   13,976,371 247,107 SH   SOLE   0 0 247,107
MIDCAP FINANCIAL INVSTMNT CO COM NEW 03761U502   3,066,171 238,427 SH   SOLE   0 0 238,427
MORGAN STANLEY DIRECT LENDIN COM SHS 61774A103   4,245,492 212,700 SH   SOLE   0 0 212,700
NEW MTN FIN CORP COM 647551100   4,336,290 393,136 SH   SOLE   0 0 393,136
NEWELL BRANDS INC COM 651229106   310,000 50,000 SH Call SOLE   50,000 0 0
O-I GLASS INC COM 67098H104   344,100 30,000 SH Call SOLE   30,000 0 0
OAKTREE SPECIALTY LENDING CO COM 67401P405   3,535,119 230,151 SH   SOLE   0 0 230,151
OWENS CORNING NEW COM 690742101   3,570,500 25,000 SH Call SOLE   25,000 0 0
PDD HOLDINGS INC NOTE 12/0 722304AC6   73,875 750 SH   SOLE   0 0 0
PENNANTPARK FLOATING RATE CA COM 70806A106   578,019 51,655 SH   SOLE   0 0 51,655
PROLOGIS INC. COM 74340W103   233,305 2,087 SH   SOLE   0 0 2,087
RED ROCK RESORTS INC CL A 75700L108   650,550 15,000 SH Call SOLE   15,000 0 0
SERVICE PPTYS TR COM SH BEN INT 81761L102   522,000 200,000 SH Call SOLE   200,000 0 0
SIMON PPTY GROUP INC NEW COM 828806109   121,404 731 SH   SOLE   0 0 731
SINCLAIR INC CL A 829242106   318,600 20,000 SH Call SOLE   20,000 0 0
SIXTH STREET SPECIALTY LENDI COM 83012A109   10,074,177 450,142 SH   SOLE   0 0 450,142
SLR INVESTMENT CORP COM 83413U100   3,002,681 178,095 SH   SOLE   0 0 178,095
STELLUS CAP INVT CORP COM 858568108   1,219,680 87,120 SH   SOLE   0 0 87,120
TEREX CORP NEW COM 880779103   680,040 18,000 SH Call SOLE   18,000 0 0
TRANSDIGM GROUP INC COM 893641100   1,383,290 1,000 SH Put SOLE   1,000 0 0
VENTURE GLOBAL INC COM CL A 92333F101   360,500 35,000 SH Call SOLE   35,000 0 0
VIASAT INC COM 92552V100   156,300 15,000 SH Call SOLE   15,000 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104   160,950 15,000 SH Call SOLE   15,000 0 0
WEYERHAEUSER CO MTN BE COM NEW 962166104   585,600 20,000 SH Call SOLE   20,000 0 0