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		</otherManager><votingAuthority><Sole>11552</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>AMERICAN HOMES 4 RENT</nameOfIssuer><titleOfClass>CL A</titleOfClass><cusip>02665T306</cusip><value>15689</value><shrsOrPrnAmt><sshPrnamt>725000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>725000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>ANADARKO PETE CORP</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>032511107</cusip><value>19008</value><shrsOrPrnAmt><sshPrnamt>300000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>300000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>APPTIO INC</nameOfIssuer><titleOfClass>CL A</titleOfClass><cusip>03835C108</cusip><value>1302</value><shrsOrPrnAmt><sshPrnamt>60000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>60000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>ARRAY BIOPHARMA INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>04269X105</cusip><value>1350</value><shrsOrPrnAmt><sshPrnamt>200000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>200000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>BANK OF NT BUTTERFIELD&amp;SON L</nameOfIssuer><titleOfClass>SHS NEW</titleOfClass><cusip>G0772R208</cusip><value>9684</value><shrsOrPrnAmt><sshPrnamt>391125</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>391125</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>BIOAMBER INC</nameOfIssuer><titleOfClass>*W EXP 05/09/201</titleOfClass><cusip>09072Q114</cusip><value>71</value><shrsOrPrnAmt><sshPrnamt>150000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>150000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>BIOSCRIP INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>09069N108</cusip><value>238</value><shrsOrPrnAmt><sshPrnamt>82368</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>82368</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>BLUE BUFFALO PET PRODS INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>09531U102</cusip><value>7128</value><shrsOrPrnAmt><sshPrnamt>300000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>300000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>CALLIDUS SOFTWARE INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>13123E500</cusip><value>734</value><shrsOrPrnAmt><sshPrnamt>40000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>40000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>CALLON PETE CO DEL</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>13123X102</cusip><value>5800</value><shrsOrPrnAmt><sshPrnamt>369400</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>369400</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>CAPSTAR FINL HLDGS INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>14070T102</cusip><value>1269</value><shrsOrPrnAmt><sshPrnamt>75000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>75000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>CHESAPEAKE UTILS CORP</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>165303108</cusip><value>957</value><shrsOrPrnAmt><sshPrnamt>15666</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>15666</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>COLUCID PHARMACEUTICALS INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>19716T101</cusip><value>420</value><shrsOrPrnAmt><sshPrnamt>11000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>11000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>COMMSCOPE HLDG CO INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>20337X109</cusip><value>6060</value><shrsOrPrnAmt><sshPrnamt>201258</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>201258</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>CTRIP COM INTL LTD</nameOfIssuer><titleOfClass>AMERICAN DEP SHS</titleOfClass><cusip>22943F100</cusip><value>15368</value><shrsOrPrnAmt><sshPrnamt>330000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>330000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>DERMIRA INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>24983L104</cusip><value>1065</value><shrsOrPrnAmt><sshPrnamt>31502</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>31502</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>E L F BEAUTY INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>26856L103</cusip><value>1968</value><shrsOrPrnAmt><sshPrnamt>70000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>70000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>EIGER BIOPHARMACEUTICALS INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>28249U105</cusip><value>422</value><shrsOrPrnAmt><sshPrnamt>31500</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>31500</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>EVERBRIDGE INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>29978A104</cusip><value>3732</value><shrsOrPrnAmt><sshPrnamt>221346</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>221346</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>EVOLENT HEALTH INC</nameOfIssuer><titleOfClass>CL A</titleOfClass><cusip>30050B101</cusip><value>5554</value><shrsOrPrnAmt><sshPrnamt>225600</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>225600</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>EXTENDED STAY AMER INC</nameOfIssuer><titleOfClass>UNIT 99/99/9999B</titleOfClass><cusip>30224P200</cusip><value>4310</value><shrsOrPrnAmt><sshPrnamt>303500</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>303500</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>FB FINL CORP</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>30257X104</cusip><value>1413</value><shrsOrPrnAmt><sshPrnamt>70000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>70000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>FIRST DATA CORP NEW</nameOfIssuer><titleOfClass>COM CL A</titleOfClass><cusip>32008D106</cusip><value>395</value><shrsOrPrnAmt><sshPrnamt>30000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>30000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>FOAMIX PHARMACEUTICALS LTD</nameOfIssuer><titleOfClass>SHS</titleOfClass><cusip>M46135105</cusip><value>2084</value><shrsOrPrnAmt><sshPrnamt>225000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>225000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>FULGENT GENETICS INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>359664109</cusip><value>2584</value><shrsOrPrnAmt><sshPrnamt>280265</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>280265</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>GEMPHIRE THERAPEUTICS INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>36870A108</cusip><value>144</value><shrsOrPrnAmt><sshPrnamt>13191</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>13191</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>GREAT PLAINS ENERGY INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>391164100</cusip><value>20468</value><shrsOrPrnAmt><sshPrnamt>750000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>750000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>GRIDSUM HLDG INC</nameOfIssuer><titleOfClass>ADR REPSG CL B</titleOfClass><cusip>398132100</cusip><value>1432</value><shrsOrPrnAmt><sshPrnamt>85000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>85000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>HEALTHCARE TR AMER INC</nameOfIssuer><titleOfClass>CL A NEW</titleOfClass><cusip>42225P501</cusip><value>2283</value><shrsOrPrnAmt><sshPrnamt>70000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>70000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>IAC INTERACTIVECORP</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>44919P508</cusip><value>937</value><shrsOrPrnAmt><sshPrnamt>15000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
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		</otherManager><votingAuthority><Sole>9034</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>INDEPENDENCE RLTY TR INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>45378A106</cusip><value>5844</value><shrsOrPrnAmt><sshPrnamt>649318</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>649318</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>INSTRUCTURE INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>45781U103</cusip><value>507</value><shrsOrPrnAmt><sshPrnamt>20000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>20000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>KINSALE CAP GROUP INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>49714P108</cusip><value>363</value><shrsOrPrnAmt><sshPrnamt>16514</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>16514</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>LANDCADIA HLDGS INC</nameOfIssuer><titleOfClass>*W EXP 06/01/202</titleOfClass><cusip>51476w115</cusip><value>110</value><shrsOrPrnAmt><sshPrnamt>200000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>200000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>LANTHEUS HLDGS INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>516544103</cusip><value>1490</value><shrsOrPrnAmt><sshPrnamt>180000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>180000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>MCBC HLDGS INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>55276F107</cusip><value>1425</value><shrsOrPrnAmt><sshPrnamt>125000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>125000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>MCKESSON CORP</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>58155Q103</cusip><value>3335</value><shrsOrPrnAmt><sshPrnamt>20000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>20000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>MEDEQUITIES RLTY TR INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>58409L306</cusip><value>881</value><shrsOrPrnAmt><sshPrnamt>75000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>75000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>MEDICAL PPTYS TRUST INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>58463J304</cusip><value>5908</value><shrsOrPrnAmt><sshPrnamt>400000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>400000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>MEDPACE HLDGS INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>58506Q109</cusip><value>4479</value><shrsOrPrnAmt><sshPrnamt>150000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>150000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>MIMECAST LTD</nameOfIssuer><titleOfClass>ORD SHS</titleOfClass><cusip>G14838109</cusip><value>2487</value><shrsOrPrnAmt><sshPrnamt>130000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>130000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>MOBILE TELESYSTEMS PJSC</nameOfIssuer><titleOfClass>SPONSORED ADR</titleOfClass><cusip>607409109</cusip><value>3052</value><shrsOrPrnAmt><sshPrnamt>400000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>400000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>MTS SYS CORP</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>553777103</cusip><value>368</value><shrsOrPrnAmt><sshPrnamt>8000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>8000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>MYOKARDIA INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>62857M105</cusip><value>1062</value><shrsOrPrnAmt><sshPrnamt>65000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>65000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>NEXTERA ENERGY PARTNERS LP</nameOfIssuer><titleOfClass>COM UNIT PART IN</titleOfClass><cusip>65341B106</cusip><value>2797</value><shrsOrPrnAmt><sshPrnamt>100000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>100000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>NOBLE MIDSTREAM PARTNERS LP</nameOfIssuer><titleOfClass>COM UNIT REPST</titleOfClass><cusip>65506L105</cusip><value>1395</value><shrsOrPrnAmt><sshPrnamt>50000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>50000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>NORDIC AMERN OFFSHORE LTD</nameOfIssuer><titleOfClass>SHS</titleOfClass><cusip>G65772108</cusip><value>151</value><shrsOrPrnAmt><sshPrnamt>40389</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>40389</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>NOVAN INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>66988N106</cusip><value>1514</value><shrsOrPrnAmt><sshPrnamt>75000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>75000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>OCLARO INC</nameOfIssuer><titleOfClass>COM NEW</titleOfClass><cusip>67555N206</cusip><value>3420</value><shrsOrPrnAmt><sshPrnamt>400000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>400000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>ONCOBIOLOGICS INC</nameOfIssuer><titleOfClass>*W EXP 02/18/201</titleOfClass><cusip>68235M113</cusip><value>12</value><shrsOrPrnAmt><sshPrnamt>25000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>25000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>ONCOBIOLOGICS INC</nameOfIssuer><titleOfClass>*W EXP 05/18/201</titleOfClass><cusip>68235M121</cusip><value>30</value><shrsOrPrnAmt><sshPrnamt>25000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>25000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>PATHEON N V</nameOfIssuer><titleOfClass>SHS</titleOfClass><cusip>N6865W105</cusip><value>297</value><shrsOrPrnAmt><sshPrnamt>10034</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>10034</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>PDC ENERGY INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>69327R101</cusip><value>3603</value><shrsOrPrnAmt><sshPrnamt>53729</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>53729</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>PLANET FITNESS INC</nameOfIssuer><titleOfClass>CL A</titleOfClass><cusip>72703H101</cusip><value>5005</value><shrsOrPrnAmt><sshPrnamt>249353</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>249353</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>PLATFORM SPECIALTY PRODS COR</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>72766Q105</cusip><value>5945</value><shrsOrPrnAmt><sshPrnamt>733087</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>733087</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>PROTEOSTASIS THERAPEUTICS IN</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>74373B109</cusip><value>1325</value><shrsOrPrnAmt><sshPrnamt>85000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>85000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>REALOGY HLDGS CORP</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>75605Y106</cusip><value>517</value><shrsOrPrnAmt><sshPrnamt>20000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>20000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>RICE ENERGY INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>762760106</cusip><value>7833</value><shrsOrPrnAmt><sshPrnamt>300000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>300000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>RUBICON PROJ INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>78112V102</cusip><value>290</value><shrsOrPrnAmt><sshPrnamt>35000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>35000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>SAGE THERAPEUTICS INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>78667J108</cusip><value>2303</value><shrsOrPrnAmt><sshPrnamt>50000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>50000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>SAREPTA THERAPEUTICS INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>803607100</cusip><value>3071</value><shrsOrPrnAmt><sshPrnamt>50000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>50000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>SUN CMNTYS INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>866674104</cusip><value>2909</value><shrsOrPrnAmt><sshPrnamt>37073</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>37073</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>SUNOCO LOGISTICS PRTNRS L P</nameOfIssuer><titleOfClass>COM UNITS</titleOfClass><cusip>86764L108</cusip><value>284</value><shrsOrPrnAmt><sshPrnamt>10000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>10000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>TABULA RASA HEALTHCARE INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>873379101</cusip><value>4296</value><shrsOrPrnAmt><sshPrnamt>300000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>300000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>THE TRADE DESK INC</nameOfIssuer><titleOfClass>COM CL A</titleOfClass><cusip>88339J105</cusip><value>847</value><shrsOrPrnAmt><sshPrnamt>29000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>29000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>TOWER SEMICONDUCTOR LTD</nameOfIssuer><titleOfClass>SHS NEW</titleOfClass><cusip>M87915274</cusip><value>2362</value><shrsOrPrnAmt><sshPrnamt>155631</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>155631</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>TPI COMPOSITES INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>87266J104</cusip><value>282</value><shrsOrPrnAmt><sshPrnamt>13241</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>13241</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>TRANSUNION</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>89400J107</cusip><value>10350</value><shrsOrPrnAmt><sshPrnamt>300000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>300000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>TRINSEO S A</nameOfIssuer><titleOfClass>SHS</titleOfClass><cusip>L9340P101</cusip><value>5373</value><shrsOrPrnAmt><sshPrnamt>95000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>95000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>TRUPANION INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>898202106</cusip><value>727</value><shrsOrPrnAmt><sshPrnamt>43010</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>43010</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>ULTA SALON COSMETCS &amp; FRAG I</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>90384S303</cusip><value>9519</value><shrsOrPrnAmt><sshPrnamt>40000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>40000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>VALVOLINE INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>92047W101</cusip><value>2349</value><shrsOrPrnAmt><sshPrnamt>100000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>100000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>VERSARTIS INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>92529L102</cusip><value>1838</value><shrsOrPrnAmt><sshPrnamt>150000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>150000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>VIMPELCOM LTD</nameOfIssuer><titleOfClass>SPONSORED ADR</titleOfClass><cusip>92719A106</cusip><value>12180</value><shrsOrPrnAmt><sshPrnamt>3500000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>3500000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>VONAGE HLDGS CORP</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>92886T201</cusip><value>761</value><shrsOrPrnAmt><sshPrnamt>115100</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>115100</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>WESTERN REFNG LOGISTICS LP</nameOfIssuer><titleOfClass>COM UNIT REP LTP</titleOfClass><cusip>95931Q205</cusip><value>927</value><shrsOrPrnAmt><sshPrnamt>40000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>
		</otherManager><votingAuthority><Sole>40000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable><infoTable><nameOfIssuer>XENON PHARMACEUTICALS INC</nameOfIssuer><titleOfClass>COM</titleOfClass><cusip>98420N105</cusip><value>203</value><shrsOrPrnAmt><sshPrnamt>25000</sshPrnamt><sshPrnamtType>PRN</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager>1</otherManager><votingAuthority><Sole>25000</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable></informationTable>
