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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   176,904,473 4,694,917 SH   DFND 1 4,694,917 0 0
SABLE OFFSHORE CORP COM SHS 78574H104   222,010,507 10,100,569 SH   DFND 1 10,100,569 0 0
TIDEWATER INC NEW COM 88642R109   28,272,939 612,897 SH   DFND 1 612,897 0 0
TRANSOCEAN LTD REGISTERED SHS H8817H100   45,587,613 17,601,395 SH   DFND 1 17,601,395 0 0