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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
CAREER EDUCATION CORP. COM 141665109 33,528 6,600,000 SH   SOLE   6,600,000 0 0
CBRE GROUP, INC. CL A 12504L109 348,280 11,710,812 SH   SOLE   11,710,812 0 0
ITT EDUCATIONAL SERVICES INC. COM 45068B109 8,931 2,081,913 SH   SOLE   2,081,913 0 0
MONEYGRAM INTERNATIONAL INC. COM NEW 60935Y208 24,371 1,943,446 SH   SOLE   1,943,446 0 0