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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
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      <invstOrSec>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>1</fairValLevel>
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        <name>Virtus Westchester Event-Driven Fund</name>
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          <isin value="US95737C6084"/>
          <ticker value="WCEIX"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Tavia Acquisition Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TreeHouse Foods Inc</name>
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        <name>FRONTIER COMMUNICATIONS</name>
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      <invstOrSec>
        <name>Quantumsphere Acquisition Corp</name>
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        <name>Frontier Communications Parent</name>
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        <name>Graf Global Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <name>Wintergreen Acquisition Corp</name>
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        <name>Republic Digital Acquisition C</name>
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        <name>Cayson Acquisition Corp</name>
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        <name>Activate Energy Acquisition Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TEXAS VENTURES ACQUISITION-A</name>
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        <name>Warner Bros Discovery Inc</name>
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        <name>McKinley Acquisition Corp</name>
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        <name>BRISTOL-MYERS SQUIBB CO</name>
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        <name>DUNE ACQUISITION CORP II</name>
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        <name>CBOE GLOBAL MARKETS, INC.</name>
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      <invstOrSec>
        <name>Avidity Biosciences Inc</name>
        <lei>N/A</lei>
        <title>Avidity Biosciences Inc</title>
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      </invstOrSec>
      <invstOrSec>
        <name>Lightwave Acquisition Corp</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Archimedes Tech SPAC Partners</name>
        <lei>N/A</lei>
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          <isin value="KYG045371096"/>
          <ticker value="ATII"/>
          <other otherDesc="SEDOL" value="BS899X0"/>
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        <balance>789859.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8182939.24000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Wintergreen Acquisition Corp</name>
        <lei>N/A</lei>
        <title>Wintergreen Acquisition Corp</title>
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          <isin value="KYG9717M1179"/>
          <ticker value="WTGUR"/>
          <other otherDesc="SEDOL" value="BQT2JT0"/>
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        <balance>3715.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>446.17000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Eureka Acquisition Corp</name>
        <lei>N/A</lei>
        <title>Eureka Acquisition Corp</title>
        <cusip>000000000</cusip>
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          <isin value="KYG321681093"/>
          <ticker value="EURK"/>
          <other otherDesc="SEDOL" value="BQFHGB0"/>
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        <balance>41046.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>451095.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Live Oak Acquisition Corp V</name>
        <lei>N/A</lei>
        <title>Live Oak Acquisition Corp V</title>
        <cusip>000000000</cusip>
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          <isin value="KYG5509P1028"/>
          <ticker value="LOKV"/>
          <other otherDesc="SEDOL" value="BSNNXC4"/>
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        <balance>447323.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Origin Investment Corp I</name>
        <lei>N/A</lei>
        <title>Origin Investment Corp I</title>
        <cusip>000000000</cusip>
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          <isin value="KYG677511001"/>
          <ticker value="ORIQ"/>
          <other otherDesc="SEDOL" value="BV9BCZ9"/>
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        <balance>370300.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3754842.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Silverbox Corp IV</name>
        <lei>N/A</lei>
        <title>Silverbox Corp IV</title>
        <cusip>000000000</cusip>
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          <isin value="KYG813541052"/>
          <ticker value="SBXD"/>
          <other otherDesc="SEDOL" value="BQ3RPC6"/>
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        <balance>293505.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3105282.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Rising Dragon Acquisition Corp</name>
        <lei>N/A</lei>
        <title>Rising Dragon Acquisition Corp</title>
        <cusip>000000000</cusip>
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          <isin value="KYG7576K1076"/>
          <ticker value="RDAC"/>
          <other otherDesc="SEDOL" value="BS4DN90"/>
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        <balance>350634.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3660618.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cantor Equity Partners I Inc</name>
        <lei>N/A</lei>
        <title>Cantor Equity Partners I Inc</title>
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          <isin value="KYG1827K1076"/>
          <ticker value="CEPO"/>
          <other otherDesc="SEDOL" value="BR1FFR4"/>
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        <balance>104507.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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          <ticker value="WBD 3 C30"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01X7KSFH2"/>
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        <balance>-2551.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-285712.00000000</valUSD>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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            <writtenOrPur>Written</writtenOrPur>
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                <issuerName>Warner Bros Discovery Inc</issuerName>
                <issueTitle>Warner Bros Discovery Inc</issueTitle>
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      <invstOrSec>
        <name>FACT II ACQUISITION CORP</name>
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        <title>Fact II Acquisition Corp</title>
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          <isin value="KYG329011293"/>
          <ticker value="FACTW"/>
          <other otherDesc="SEDOL" value="BS5ZZJ9"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="WAR">
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            <writtenOrPur>Purchased</writtenOrPur>
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                <issuerName>Fact II Acquisition Corp</issuerName>
                <issueTitle>FACT II ACQUISITION CORP</issueTitle>
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      <invstOrSec>
        <name>Plum Acquisition Corp IV</name>
        <lei>N/A</lei>
        <title>Plum Acquisition Corp IV</title>
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          <ticker value="PLMK"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Coeur Mining Inc</name>
        <lei>5493003AVK173D48DR70</lei>
        <title>Coeur Mining Inc</title>
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          <isin value="US1921085049"/>
          <ticker value="CDE"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Emmis Acquisition Corp</name>
        <lei>N/A</lei>
        <title>Emmis Acquisition Corp</title>
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          <ticker value="EMISR"/>
          <other otherDesc="SEDOL" value="BPQY174"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>COPLEY ACQUISITION CORP-A</name>
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          <ticker value="COPL/WS"/>
          <other otherDesc="SEDOL" value="BSTRC90"/>
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        <curCd>USD</curCd>
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        <invCountry>HK</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cayson Acquisition Corp</name>
        <lei>N/A</lei>
        <title>Cayson Acquisition Corp</title>
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          <ticker value="CAPNR"/>
          <other otherDesc="SEDOL" value="BQXMH58"/>
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        <balance>134839.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Crane Harbor Acquisition Corp</name>
        <lei>N/A</lei>
        <title>Crane Harbor Acquisition Corp II</title>
        <cusip>000000000</cusip>
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          <isin value="KYG250141200"/>
          <ticker value="CRANU"/>
          <other otherDesc="SEDOL" value="BW7ZQD6"/>
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        <balance>41185.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Roman DBDR Acquisition Corp II</name>
        <lei>N/A</lei>
        <title>Roman DBDR Acquisition Corp II</title>
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          <isin value="KYG7633M1042"/>
          <ticker value="DRDB"/>
          <other otherDesc="SEDOL" value="BRYQ8D1"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Meshflow Acquisition Corp</name>
        <lei>N/A</lei>
        <title>Meshflow Acquisition Corp</title>
        <cusip>000000000</cusip>
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          <isin value="KYG6032N1271"/>
          <ticker value="MESHU"/>
          <other otherDesc="SEDOL" value="BW9HSF6"/>
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        <curCd>USD</curCd>
        <valUSD>2882780.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lakeshore Acquisition III Corp</name>
        <lei>N/A</lei>
        <title>Lakeshore Acquisition III Corp</title>
        <cusip>000000000</cusip>
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          <isin value="KYG5353S1378"/>
          <ticker value="LCCCR"/>
          <other otherDesc="SEDOL" value="BS3FZF7"/>
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        <balance>360704.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77262.80000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CBOE GLOBAL MARKETS, INC.</name>
        <lei>529900RLNSGA90UPEH54</lei>
        <title>AIR LEASE CORP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="AL 2 C65"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01VLJW9P3"/>
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        <balance>-1.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Silver Pegasus Acquisition Cor</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>American Drive Acquisition Co</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>StoneBridge Acquisition II Cor</name>
        <lei>N/A</lei>
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          <isin value="KYG850961080"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CO2 Energy Transition Corp</name>
        <lei>N/A</lei>
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          <isin value="US12664M1036"/>
          <ticker value="NOEM"/>
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        <curCd>USD</curCd>
        <valUSD>1286250.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>K&amp;F Growth Acquisition Corp II</name>
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          <isin value="KYG522581290"/>
          <ticker value="KFIIR"/>
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        <balance>206991.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ACROPOLIS INFRASTRUCTURE CVR</name>
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          <other otherDesc="INTERNAL" value="005ESC017"/>
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        <balance>315662.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LIGHTWAVE ACQUISITION CORP-A</name>
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          <isin value="KYG5490M1261"/>
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          <other otherDesc="SEDOL" value="BQT1HT3"/>
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        <fairValLevel>1</fairValLevel>
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                <issuerName>LIGHTWAVE ACQUISITION CORP</issuerName>
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      <invstOrSec>
        <name>Oak Woods Acquisition Corp</name>
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          <isin value="KY67190B1043"/>
          <ticker value="OAKU"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <fairValLevel>1</fairValLevel>
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                <issuerName>Warner Bros Discovery Inc</issuerName>
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      <invstOrSec>
        <name>Lakeshore Acquisition III Corp</name>
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      <invstOrSec>
        <name>Lionheart Holdings</name>
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        <name>Leapfrog Acquisition Corp</name>
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      <invstOrSec>
        <name>Drugs Made In America Acquisit</name>
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        <name>Union Pacific Corp</name>
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        <name>Pantages Capital Acquisition C</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GP-Act III Acquisition Corp</name>
        <lei>N/A</lei>
        <title>GP-Act III Acquisition Corp</title>
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          <other otherDesc="SEDOL" value="BN6J089"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BERTO ACQUISITION CORP</name>
        <lei>N/A</lei>
        <title>BERTO ACQUISITION CORP</title>
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          <isin value="KYG1051H1193"/>
          <ticker value="TACOW"/>
          <other otherDesc="SEDOL" value="BRQPSV4"/>
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        <valUSD>11511.81000000</valUSD>
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        <invCountry>US</invCountry>
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              <counterpartyName>BERTO ACQUISITION CORP</counterpartyName>
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            <putOrCall>Call</putOrCall>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CSLM Digital Asset Acquisition</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Apex Treasury Corp</name>
        <lei>N/A</lei>
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          <ticker value="APXT"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bain Capital GSS Investment Co</name>
        <lei>N/A</lei>
        <title>Bain Capital GSS Investment Corp</title>
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          <isin value="KYG0R78B1228"/>
          <ticker value="BCSS/U"/>
          <other otherDesc="SEDOL" value="BW5YWC6"/>
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        <balance>206081.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GORES HOLDINGS X INC-CL A</name>
        <lei>N/A</lei>
        <title>Gores Holdings X Inc</title>
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          <isin value="KYG4002F1256"/>
          <ticker value="GTENW"/>
          <other otherDesc="SEDOL" value="BS3FZ57"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Silver Pegasus Acquisition Cor</name>
        <lei>N/A</lei>
        <title>Silver Pegasus Acquisition Corp</title>
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          <isin value="KYG8192J1022"/>
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          <other otherDesc="SEDOL" value="BV9BD12"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hologic Inc</name>
        <lei>549300DYP6F5ZJL0LB74</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>GESHER ACQUISITION CORP II-A</name>
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        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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      <invstOrSec>
        <name>LAUNCH TWO ACQUISITION- CL A</name>
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        <title>Launch Two Acquisition Corp</title>
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      <invstOrSec>
        <name>Lumen Technologies, Inc.</name>
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      <invstOrSec>
        <name>Agriculture &amp; Natural Solution</name>
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      <invstOrSec>
        <name>Cal Redwood Acquisition Corp</name>
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        <name>Black Hawk Acquisition Corp</name>
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        <name>SIM Acquisition Corp I</name>
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        <name>ECHOSTAR CORP</name>
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        <name>Texas Ventures Acquisition III</name>
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        <name>Soulpower Acquisition Corp</name>
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        <name>ZALATORIS ACQUISITION CORP</name>
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        <name>Goldman Sachs Financial Square Treasury Instruments Fund</name>
        <lei>549300DAH6N80PM31E83</lei>
        <title>Goldman Sachs Financial Square Treasury Instruments Fund</title>
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        <name>ESH Acquisition Corp</name>
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        <title>ESH Acquisition Corp</title>
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      <invstOrSec>
        <name>DT Cloud Star Acquisition Corp</name>
        <lei>N/A</lei>
        <title>DT Cloud Star Acquisition Corp</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Spring Valley Acquisition Corp</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CBOE GLOBAL MARKETS, INC.</name>
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          <ticker value="AL 2 C65"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01VLJW9P3"/>
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        <curCd>USD</curCd>
        <valUSD>-8400.00000000</valUSD>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>CBOE GLOBAL MARKETS, INC.</counterpartyName>
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            <putOrCall>Call</putOrCall>
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                <issuerName>Air Lease Corp</issuerName>
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      <invstOrSec>
        <name>Lake Superior Acquisition Corp</name>
        <lei>N/A</lei>
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          <isin value="VGG5354C1077"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>A Paradise Acquisition Corp</name>
        <lei>N/A</lei>
        <title>A Paradise Acquisition Corp</title>
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          <isin value="VGG048191016"/>
          <ticker value="APAD"/>
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        <balance>327404.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>HK</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BEST SPAC I Acquisition Corp</name>
        <lei>N/A</lei>
        <title>BEST SPAC I Acquisition Corp</title>
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          <isin value="VGG1069P1036"/>
          <ticker value="BSAA"/>
          <other otherDesc="SEDOL" value="BVMWTW5"/>
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        <balance>41072.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>HK</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Crown Reserve Acquisition Corp</name>
        <lei>N/A</lei>
        <title>Crown Reserve Acquisition Corp I</title>
        <cusip>000000000</cusip>
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          <isin value="KYG2574F1191"/>
          <ticker value="CRAC"/>
          <other otherDesc="SEDOL" value="BTY6BG9"/>
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        <balance>502418.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4994034.92000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GSR IV Acquisition Corp</name>
        <lei>N/A</lei>
        <title>GSR IV Acquisition Corp</title>
        <cusip>000000000</cusip>
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          <isin value="KYG4R12K1230"/>
          <ticker value="GSRFU"/>
          <other otherDesc="SEDOL" value="BT6BH19"/>
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        <balance>535701.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CARTESIAN GROWTH CORP I-CL A</name>
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          <isin value="KYG193071266"/>
          <ticker value="CGCTW"/>
          <other otherDesc="SEDOL" value="BS3FYR2"/>
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        <balance>92475.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>73998.50000000</valUSD>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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            <putOrCall>Call</putOrCall>
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      <invstOrSec>
        <name>Cantor Equity Partners IV Inc</name>
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          <isin value="KYG1828E1008"/>
          <ticker value="CEPF"/>
          <other otherDesc="SEDOL" value="BSNXHZ5"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Aimei Health Technology Co Ltd</name>
        <lei>N/A</lei>
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          <isin value="KYG013411338"/>
          <ticker value="AFJKR"/>
          <other otherDesc="SEDOL" value="BRBCSD2"/>
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        <balance>269392.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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        <name>DREYFUS GOVERNMENT CASH MANAGE</name>
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        <title>DREYFUS GOVERNMENT CASH MANAGE</title>
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          <ticker value="DGCXX"/>
          <other otherDesc="INTERNAL" value="BYM4G0625"/>
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        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Tavia Acquisition Corp</name>
        <lei>N/A</lei>
        <title>Tavia Acquisition Corp</title>
        <cusip>000000000</cusip>
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          <isin value="KYG868801468"/>
          <ticker value="TAVIR"/>
          <other otherDesc="SEDOL" value="BS5ZZM2"/>
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        <balance>363217.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <title>WARNER BROS DISCOVERY INC</title>
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        <fairValLevel>2</fairValLevel>
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        <name>EGH Acquisition Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CABLEVISION LIGHTPATH</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TEGNA Inc</name>
        <lei>549300YC5EDBGX85AO10</lei>
        <title>TEGNA Inc</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>TEVOGEN BIO HOLDINGS INC</name>
        <lei>549300AC21G4NBK9D322</lei>
        <title>Tevogen Bio Holdings Inc</title>
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          <ticker value="TVGNW"/>
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        <curCd>USD</curCd>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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                <issuerName>Tevogen Bio Holdings Inc</issuerName>
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            <expDt>2026-11-04</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>1311.23000000</unrealizedAppr>
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      </invstOrSec>
      <invstOrSec>
        <name>Newbury Street II Acquisition Corp</name>
        <lei>N/A</lei>
        <title>Newbury Street II Acquisition Corp</title>
        <cusip>000000000</cusip>
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          <isin value="KYG6439S1176"/>
          <other otherDesc="SEDOL" value="BL0NY03"/>
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        <balance>189039.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Wen Acquisition Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Legato Merger Corp III</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Charlton Aria Acquisition Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NewHold Investment Corp III</name>
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          <ticker value="NHIC"/>
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        <balance>408082.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Liberty Broadband Corp</name>
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          <ticker value="LBRDA"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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          <ticker value="SPY 1 C690"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01KMX3DG8"/>
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        <valUSD>-312390.00000000</valUSD>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>INTERCONTINENTAL EXCHANGE, INC.</counterpartyName>
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            <writtenOrPur>Written</writtenOrPur>
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                <issuerName>SPDR S&amp;P 500 ETF Trust</issuerName>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Blue Water Acquisition Corp II</name>
        <lei>N/A</lei>
        <title>Blue Water Acquisition Corp III</title>
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          <isin value="KYG1368E1061"/>
          <ticker value="BLUW"/>
          <other otherDesc="SEDOL" value="BRT7SH3"/>
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        <balance>164840.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AKOUOS INC</name>
        <lei>N/A</lei>
        <title>AKOUOS INC</title>
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          <other otherDesc="INTERNAL" value="009CVR036"/>
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        <balance>336679.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SIM ACQUISITION CORP I-A</name>
        <lei>N/A</lei>
        <title>SIM Acquisition Corp I</title>
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          <other otherDesc="SEDOL" value="BPLQDF7"/>
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        <curCd>USD</curCd>
        <valUSD>31729.28000000</valUSD>
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        <fairValLevel>1</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="WAR">
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              <counterpartyName>SIM ACQUISITION CORP I-A</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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                <issuerName>SIM Acquisition Corp I</issuerName>
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            <shareNo>1.00000000</shareNo>
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            <unrealizedAppr>15655.33000000</unrealizedAppr>
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      <invstOrSec>
        <name>Cantaloupe Inc</name>
        <lei>529900O54DBQQVWO9Q85</lei>
        <title>Cantaloupe Inc</title>
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          <isin value="US1381031061"/>
          <ticker value="CTLP"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GORES HOLDINGS X INC</name>
        <lei>N/A</lei>
        <title>GORES HOLDINGS X INC</title>
        <cusip>000000000</cusip>
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          <isin value="KYG4002F1090"/>
          <ticker value="GTEN"/>
          <other otherDesc="SEDOL" value="BS3FZ24"/>
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        <balance>423383.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4356611.07000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BEST SPAC I Acquisition Corp</name>
        <lei>N/A</lei>
        <title>BEST SPAC I Acquisition Corp</title>
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          <isin value="VGG1069P1291"/>
          <ticker value="BSAAR"/>
          <other otherDesc="SEDOL" value="BVMWTX6"/>
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        <balance>41072.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LIVE OAK ACQUISITION CORP-A</name>
        <lei>N/A</lei>
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          <isin value="KYG5509P1101"/>
          <ticker value="LOKVW"/>
          <other otherDesc="SEDOL" value="BSNNXF7"/>
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        <balance>89888.00000000</balance>
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        <name>ProCap Acquisition Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NMP Acquisition Corp</name>
        <lei>N/A</lei>
        <title>NMP Acquisition Corp</title>
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      <invstOrSec>
        <name>CHURCHILL CAPITAL CORP XI</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CBOE GLOBAL MARKETS, INC.</name>
        <lei>529900RLNSGA90UPEH54</lei>
        <title>EXACT SCIENCES CORP</title>
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          <other otherDesc="ID_BB_GLOBAL" value="BBG01J88KSF1"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>CBOE GLOBAL MARKETS, INC.</counterpartyName>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CARTESIAN GROWTH CORP III</name>
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        <name>Lumen Technologies, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GigCapital8 Corp</name>
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        <name>ProAssurance Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Jena Acquisition Corp II</name>
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        <fairValLevel>1</fairValLevel>
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        <name>EQV Ventures Acquisition Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BERTO ACQUISITION CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Lake Superior Acquisition Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Sealed Air Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <name>Rocket Cos Inc</name>
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        <name>Drugs Made In America Acquisit</name>
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        <name>PLUM ACQUISITION CORP III</name>
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        <name>Cadence Bank</name>
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      <invstOrSec>
        <name>Future Vision II Acquisition C</name>
        <lei>N/A</lei>
        <title>Future Vision II Acquisition Corp</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>IRON HORSE ACQUISITION II CORP</name>
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          <ticker value="IRHOU"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
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          <other otherDesc="ID_BB_GLOBAL" value="BBG01Y52QGR1"/>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>INTERCONTINENTAL EXCHANGE, INC.</counterpartyName>
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                <issuerName>Warner Bros Discovery Inc</issuerName>
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      <invstOrSec>
        <name>Crown Reserve Acquisition Corp</name>
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          <isin value="KYG2574F1019"/>
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          <other otherDesc="SEDOL" value="BR2P2X8"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Indigo Acquisition Corp</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Vine Hill Capital Investment C</name>
        <lei>N/A</lei>
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          <isin value="KYG93Y091070"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Commscope Inc</name>
        <lei>N/A</lei>
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          <other otherDesc="INTERNAL" value="BL4902708"/>
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        <balance>23242000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-17</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IB Acquisition Corp</name>
        <lei>N/A</lei>
        <title>IB Acquisition Corp</title>
        <cusip>44934N116</cusip>
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          <isin value="US44934N1164"/>
          <ticker value="IBACR"/>
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        <balance>344716.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23785.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BTC Development Corp</name>
        <lei>N/A</lei>
        <title>BTC Development Corp</title>
        <cusip>000000000</cusip>
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          <isin value="KYG0701G1257"/>
          <ticker value="BDCIU"/>
          <other otherDesc="SEDOL" value="BPCR508"/>
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        <balance>41217.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>417940.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bitcoin Infrastructure Acquisi</name>
        <lei>N/A</lei>
        <title>Bitcoin Infrastructure Acquisition Corp Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="KYG1143H1276"/>
          <ticker value="BIXIU"/>
          <other otherDesc="SEDOL" value="BVCJJG0"/>
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        <balance>181150.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1804254.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Electronic Arts Inc</name>
        <lei>549300O7A67PUEYKDL45</lei>
        <title>Electronic Arts Inc</title>
        <cusip>285512109</cusip>
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          <isin value="US2855121099"/>
          <ticker value="EA"/>
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        <balance>522242.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106709707.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ARMADA ACQUISITION -CLASS A</name>
        <lei>N/A</lei>
        <title>Armada Acquisition Corp II</title>
        <cusip>000000000</cusip>
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          <isin value="KYG0R38G1123"/>
          <ticker value="XRPNW"/>
          <other otherDesc="SEDOL" value="BS3FYP0"/>
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        <balance>82020.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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                <issuerName>Armada Acquisition Corp II</issuerName>
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      <invstOrSec>
        <name>AA Mission Acquisition Corp II</name>
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        <title>AA Mission Acquisition Corp II</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <title>TECK RESOURCES LTD</title>
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          <other otherDesc="ID_BB_GLOBAL" value="BBG01WWTJV64"/>
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        <fairValLevel>2</fairValLevel>
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        <name>TITAN ACQUISITION CORP-CL A</name>
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      <invstOrSec>
        <name>Integrated Wellness Acquisitio</name>
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        <title>Integrated Wellness Acquisition Corp</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kochav Defense Acquisition Cor</name>
        <lei>N/A</lei>
        <title>Kochav Defense Acquisition Corp</title>
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          <isin value="KYG5304D1144"/>
          <ticker value="KCHVR"/>
          <other otherDesc="SEDOL" value="BRXBJG7"/>
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        <balance>938080.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Iron Horse Acquisitions Corp</name>
        <lei>5493000JDZP9ZR3A1A41</lei>
        <title>IRON HORSE ACQUISITIONS CORP</title>
        <cusip>462837105</cusip>
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          <ticker value="UCFI"/>
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        <balance>37475.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>206487.25000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LEDDARTECH HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>LeddarTech Holdings Inc</title>
        <cusip>52328E113</cusip>
        <identifiers>
          <isin value="CA52328E1135"/>
          <ticker value="LDTDF"/>
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        <balance>155088.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>62.04000000</valUSD>
        <pctVal>0.000002569586</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>LEDDARTECH HOLDINGS INC</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
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        <name>Norfolk Southern Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Endeavor Group Holdings Inc</name>
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        <name>D Boral ARC Acquisition I Corp</name>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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        <name>JPMORGAN CHASE BANK, NATIONAL ASSOCIATION</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
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        <fairValLevel>2</fairValLevel>
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                <issuerName>Just Group PLC</issuerName>
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        <name>Comerica Inc</name>
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        <name>GRAF GLOBAL CORP-CL A</name>
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      <invstOrSec>
        <name>FIGX Capital Acquisition Corp</name>
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          <isin value="KYG3473K1269"/>
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          <other otherDesc="SEDOL" value="BTPF0H9"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Stellar V Capital Corp</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CARTESIAN GROWTH CORP II- A</name>
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          <ticker value="REEWF"/>
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        <name>Brighthouse Financial Inc</name>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
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        <name>Confluent Inc</name>
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        <title>Confluent Inc</title>
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      <invstOrSec>
        <name>Oyster Enterprises II Acquisit</name>
        <lei>N/A</lei>
        <title>Oyster Enterprises II Acquisition Corp</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>1</fairValLevel>
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        <name>Titan Acquisition Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Teck Resources Ltd</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>M3-Brigade Acquisition VI Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Drugs Made In America Acquisit</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>GOAL ACQUISITIONS CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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      <invstOrSec>
        <name>BIG RIVER STEEL/BRS FIN</name>
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      <invstOrSec>
        <name>ProCap Acquisition Corp</name>
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        <name>Copley Acquisition Corp</name>
        <lei>N/A</lei>
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        <invCountry>HK</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>1RT Acquisition Corp</name>
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        <name>ABIOMED Inc</name>
        <lei>N/A</lei>
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        <name>Kenvue Inc</name>
        <lei>5493008HSF8L4M2LIJ82</lei>
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        <name>EXACT SCIENCES CORP</name>
        <lei>549300VM3X1FYD4N9Z14</lei>
        <title>Exact Sciences Corp</title>
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        <name>Calisa Acquisition Corp</name>
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        <name>Translational Development Acqu</name>
        <lei>N/A</lei>
        <title>Translational Development Acquisition Corp</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Jackson Acquisition Co II</name>
        <lei>N/A</lei>
        <title>Jackson Acquisition Co II</title>
        <cusip>000000000</cusip>
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          <ticker value="JACS"/>
          <other otherDesc="SEDOL" value="BSPRWT4"/>
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        <balance>1081376.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>1</fairValLevel>
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        <name>New Gold Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Keen Vision Acquisition Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MOBIUS MERGER SUB</name>
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        <name>Axiom Intelligence Acquisition</name>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>AA Mission Acquisition Corp</name>
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        <name>Cal Redwood Acquisition Corp</name>
        <lei>N/A</lei>
        <title>Cal Redwood Acquisition Corp</title>
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        <name>Mountain Lake Acquisition Corp</name>
        <lei>N/A</lei>
        <title>Mountain Lake Acquisition Corp</title>
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        <fairValLevel>1</fairValLevel>
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        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Oxley Bridge Acquisition Ltd</name>
        <lei>N/A</lei>
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          <other otherDesc="SEDOL" value="BVLFXH8"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Blue Water Acquisition Corp II</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
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          <isin value="KYG1368E1228"/>
          <ticker value="BLUWU"/>
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        <balance>328608.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vendome Acquisition Corp I</name>
        <lei>N/A</lei>
        <title>Vendome Acquisition Corp I</title>
        <cusip>000000000</cusip>
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          <isin value="KYG9580A1094"/>
          <ticker value="VNME"/>
          <other otherDesc="SEDOL" value="BNC29L8"/>
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        <balance>425585.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Palo Alto Networks Inc</name>
        <lei>549300QXR2YVZV231H43</lei>
        <title>Palo Alto Networks Inc</title>
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          <isin value="US6974351057"/>
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        <balance>-34872.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PERSHING SQUARE ESCROW</name>
        <lei>N/A</lei>
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          <isin value="US715ESC0184"/>
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        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEGNA INC</name>
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        <balance>4206000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>JPMORGAN CHASE BANK, NATIONAL ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>JPMORGAN CHASE BANK, NATIONAL ASSOCIATION</counterpartyName>
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                <issuerName>Anglo American PLC</issuerName>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="OVERNIGHT BANK FUNDING RATE" floatingRtSpread="0.00000000" pmntAmt="2913636.97000000">
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      <invstOrSec>
        <name>EQV Ventures Acquisition Corp</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
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          <isin value="KYG3106N1097"/>
          <ticker value="FTW"/>
          <other otherDesc="SEDOL" value="BRXD5L0"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HCM III Acquisition Corp</name>
        <lei>529900X6CMNA2LN6C461</lei>
        <title>HCM III Acquisition Corp</title>
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          <isin value="KYG4365E1290"/>
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          <other otherDesc="SEDOL" value="BVRVFH4"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>26 CAPITAL ACQUISITION COR-A</name>
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          <isin value="US90138P1185"/>
          <ticker value="ADERW"/>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Air Lease Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Thayer Ventures Acquisition Co</name>
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          <isin value="KYG878901027"/>
          <ticker value="TVAI"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CyberArk Software Ltd</name>
        <lei>529900YEXNDM894PWS93</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ARCHIMEDES TECH SPAC PARTNER</name>
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          <ticker value="ATIIW"/>
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        <fairValLevel>1</fairValLevel>
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        <name>VOYAGER ACQUISITION CORP</name>
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          <ticker value="VACHW"/>
          <other otherDesc="SEDOL" value="BRT7YL9"/>
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      <invstOrSec>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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      <invstOrSec>
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      <invstOrSec>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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            <notionalAmt>-139766.51000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>2258.84000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>TRS PALO ALTO NETWORKS INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="TMF_B87ZMX0-TRS4_2"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>299875.18000000</valUSD>
        <pctVal>0.012420298016</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Palo Alto Networks Inc</issuerName>
                <issueTitle>Palo Alto Networks Inc</issueTitle>
                <identifiers>
                  <cusip value="697435105"/>
                  <isin value="US6974351057"/>
                  <ticker value="PANW"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="OVERNIGHT BANK FUNDING RATE" floatingRtSpread="0.00000000" pmntAmt="1820256.27000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingRecDesc>
            <fixedPmntDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="3.29000000"/>
            <terminationDt>2026-11-30</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-1820256.27000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>299875.18000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>TRS DAYFORCE INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="TMF_BFX1V56-TRS4_1"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>57282.34000000</valUSD>
        <pctVal>0.002372532911</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Dayforce Inc</issuerName>
                <issueTitle>Dayforce Inc</issueTitle>
                <identifiers>
                  <cusip value="15677J108"/>
                  <isin value="US15677J1088"/>
                  <ticker value="DAY"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="4.25000000"/>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="OVERNIGHT BANK FUNDING RATE" floatingRtSpread="0.00000000" pmntAmt="-36386709.81000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2026-12-21</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>36386709.81000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>57282.34000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>TRS PALO ALTO NETWORKS INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="TMF_B87ZMX0-TRS4_3"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>23204960.79000000</valUSD>
        <pctVal>0.961108313363</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Palo Alto Networks Inc</issuerName>
                <issueTitle>Palo Alto Networks Inc</issueTitle>
                <identifiers>
                  <cusip value="697435105"/>
                  <isin value="US6974351057"/>
                  <ticker value="PANW"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="OVERNIGHT BANK FUNDING RATE" floatingRtSpread="0.00000000" pmntAmt="138036005.02000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingRecDesc>
            <fixedPmntDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="3.29000000"/>
            <terminationDt>2026-11-30</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-138036005.02000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>23204960.79000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMORGAN CHASE BANK, NATIONAL ASSOCIATION</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
        <title>TRS ANGLO AMERICAN PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="TMF_BTK05J6 UK-TRS1_5"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-193945.19000000</valUSD>
        <pctVal>-0.00803286573</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMORGAN CHASE BANK, NATIONAL ASSOCIATION</counterpartyName>
              <counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Anglo American PLC</issuerName>
                <issueTitle>Anglo American PLC</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <isin value="GB00BTK05J60"/>
                  <ticker value="AAL"/>
                  <other otherDesc="SEDOL" value="BTK05J6"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="OVERNIGHT BANK FUNDING RATE" floatingRtSpread="0.00000000" pmntAmt="1224172.15000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="3" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingRecDesc>
            <fixedPmntDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="3.29000000"/>
            <terminationDt>2026-10-30</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-1224172.15000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-193945.19000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-02-26</ncom:dateSigned>
      <ncom:nameOfApplicant>Merger Fund</ncom:nameOfApplicant>
      <ncom:signature>Amy Hackett</ncom:signature>
      <ncom:signerName>Amy Hackett</ncom:signerName>
      <ncom:title>Vice President and Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
