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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

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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
NAVIOS MARITIME PARTNERS L P COM UNIT LPI Y62267409   304,570,880 4,863,019 SH   DFND 1 4,863,019 0 0
SABLE OFFSHORE CORP COM SHS 78574H104   207,731,354 8,791,001 SH   DFND 1 8,791,001 0 0
SABLE OFFSHORE CORP *W EXP 02/14/202 78574H112   17,585,825 1,453,374 SH   DFND 1 1,453,374 0 0
TIDEWATER INC NEW COM 88642R109   45,575,307 634,842 SH   DFND 1 634,842 0 0
TRANSOCEAN LTD REGISTERED SHS H8817H100   77,473,352 18,229,024 SH   DFND 1 18,229,024 0 0