The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
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
21VIANET GROUP INC SPONSORED ADR 90138A103 28,831 1,405,000 SH   DFND 01 02 1,405,000 0 0
3-D SYS CORP DEL COM NEW 88554D205 8,628 442,000 SH   DFND 01 02 442,000 0 0
3-D SYS CORP DEL COM NEW 88554D205 9,313 450,000 SH Put DFND 01 02 450,000 0 0
AEROPOSTALE COM 007865108 1,013 625,000 SH   DFND 01 02 625,000 0 0
ALLY FINL INC COM 02005N100 67,066 2,990,000 SH   DFND 01 02 2,990,000 0 0
ALTERA CORP COM 021441100 92,160 1,800,000 SH   DFND 01 02 1,800,000 0 0
AMAYA INC COM 02314M108 29,190 1,065,400 SH   DFND 01 02 1,065,400 0 0
AMERICAN EXPRESS CO COM 025816109 15,544 200,000 SH   DFND 01 02 200,000 0 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104 21,504 2,645,000 SH   DFND 01 02 2,645,000 0 0
AMERICAN RLTY CAP PPTYS INC NOTE 3.000% 8/0 02917TAA2 2,817 3,000,000 PRN   DFND 01 02 0 0 3,000,000
ASHLAND INC NEW COM 044209104 33,523 275,000 SH   DFND 01 02 275,000 0 0
ASSURED GUARANTY LTD COM G0585R106 549 200,000 SH Put DFND 01 02 0 0 200,000
AVIS BUDGET GROUP COM 053774105 22,040 500,000 SH   DFND 01 02 500,000 0 0
BAKER HUGHES INC COM 057224107 91,008 1,475,000 SH   DFND 01 02 1,475,000 0 0
BARCLAYS BK PLC ADR 2 PREF 2 06739F390 1,416 55,737 PRN   DFND 01 02 0 0 55,737
BROADCOM CORP CL A 111320107 168,630 3,275,000 SH   DFND 01 02 3,275,000 0 0
CAESARS ENTMT CORP COM 127686103 459 75,000 SH   DFND 01 02 75,000 0 0
CALLON PETE CO DEL COM 13123X102 3,120 375,000 SH Call DFND 01 02 0 0 0
CATAMARAN CORP COM 148887102 111,471 1,825,000 SH   DFND 01 02 1,825,000 0 0
CF INDS HLDGS INC COM 125269100 3,214 50,000 SH   DFND 01 02 50,000 0 0
CHARTER COMMUNICATIONS INC D CL A NEW 16117M305 79 50,000 SH Call DFND 01 02 0 0 0
CHENIERE ENERGY INC COM NEW 16411R208 42,796 617,900 SH   DFND 01 02 617,900 0 0
CHICAGO BRIDGE & IRON CO N V COM 167250109 14,947 298,700 SH   DFND 01 02 298,700 0 0
CIGNA CORPORATION COM 125509109 8,100 50,000 SH   DFND 01 02 50,000 0 0
CONNS INC COM 208242107 3,970 100,000 SH   DFND 01 02 100,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 16,432 400,000 SH   DFND 01 02 400,000 0 0
DINEEQUITY INC COM 254423106 9,389 94,754 SH   DFND 01 02 94,754 0 0
DIRECTV COM 25490A309 774,797 8,350,000 SH   DFND 01 02 8,350,000 0 0
DRESSER-RAND GROUP INC COM 261608103 74,958 880,000 SH   DFND 01 02 880,000 0 0
EBAY INC COM 278642103 49,698 825,000 SH   DFND 01 02 825,000 0 0
EXTERRAN HLDGS INC COM 30225X103 18,284 560,000 SH   DFND 01 02 560,000 0 0
FAMILY DLR STORES INC COM 307000109 138,312 1,755,000 SH   DFND 01 02 1,755,000 0 0
FCB FINL HLDGS INC CL A 30255G103 8,987 282,599 SH   DFND 01 02 282,599 0 0
FOSSIL GROUP INC COM 34988V106 29,478 425,000 SH   DFND 01 02 425,000 0 0
GENERAL ELECTRIC CO COM 369604103 23,913 900,000 SH   DFND 01 02 900,000 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V118 312 13,139 SH   DFND 01 02 13,139 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V126 12,538 786,073 SH   DFND 01 02 786,073 0 0
GENERAL MTRS CO COM 37045V100 275,030 8,251,733 SH   DFND 01 02 8,251,733 0 0
GNC HLDGS INC COM CL A 36191G107 16,680 375,000 SH   DFND 01 02 375,000 0 0
HD SUPPLY HLDGS INC COM 40416M105 29,024 825,000 SH   DFND 01 02 825,000 0 0
HOME PROPERTIES INC COM 437306103 21,915 300,000 SH   DFND 01 02 300,000 0 0
HOSPIRA INC COM 441060100 167,582 1,889,097 SH   DFND 01 02 1,889,097 0 0
HUMANA INC COM 444859102 12,433 65,000 SH   DFND 01 02 65,000 0 0
HUNTSMAN CORP COM 447011107 28,691 1,300,000 SH   DFND 01 02 1,300,000 0 0
INFORMATICA CORP COM 45666Q102 7,876 162,500 SH   DFND 01 02 162,500 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 20,252 400,000 SH   DFND 01 02 400,000 0 0
MCDERMOTT INTL INC COM 580037109 8,277 1,550,000 SH   DFND 01 02 1,550,000 0 0
MCDONALDS CORP COM 580135101 21,391 225,000 SH   DFND 01 02 225,000 0 0
MEDTRONIC PLC SHS G5960L103 37,050 500,000 SH   DFND 01 02 500,000 0 0
MENS WEARHOUSE INC COM 587118100 59,265 925,000 SH   DFND 01 02 925,000 0 0
MICRON TECHNOLOGY INC COM 595112103 43,332 2,300,000 SH   DFND 01 02 2,300,000 0 0
MYLAN N V SHS EURO N59465109 132,666 1,955,000 SH   DFND 01 02 1,955,000 0 0
NCR CORP NEW COM 62886E108 6,020 200,000 SH   DFND 01 02 200,000 0 0
NETSCOUT SYS INC COM 64115T104 24,773 675,000 SH   DFND 01 02 675,000 0 0
NETSCOUT SYS INC COM 64115T104 9,298 425,000 SH Put DFND 01 02 425,000 0 0
NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 12,260 500,000 SH   DFND 01 02 500,000 0 0
NOBLE CORP PLC SHS USD G65431101 923 60,000 SH   DFND 01 02 60,000 0 0
NQ MOBILE INC NOTE 4.000%10/1 64118UAB4 12,445 19,000,000 PRN   DFND 01 02 0 0 19,000,000
OASIS PETE INC NEW COM 674215108 396 25,000 SH   DFND 01 02 25,000 0 0
OFFICE DEPOT INC COM 676220106 19,485 2,250,000 SH   DFND 01 02 2,250,000 0 0
OI S.A. SPN ADR NEW 670851302 3,453 1,752,769 SH   DFND 01 02 1,752,769 0 0
OI S.A. SPN ADR PFD NEW 670851401 5,348 2,800,000 SH   DFND 01 02 2,800,000 0 0
OMNICARE INC COM 681904108 36,286 385,000 SH   DFND 01 02 385,000 0 0
ORBITZ WORLDWIDE INC COM 68557K109 31,405 2,750,000 SH   DFND 01 02 2,750,000 0 0
PACIFIC DRILLING SA LUXEMBOU REG SHS L7257P106 812 290,000 SH   DFND 01 02 290,000 0 0
PALL CORP COM 696429307 12,445 100,000 SH   DFND 01 02 100,000 0 0
PARSLEY ENERGY INC CL A 701877102 871 50,000 SH   DFND 01 02 50,000 0 0
PERRIGO CO PLC SHS G97822103 10,166 55,000 SH   DFND 01 02 55,000 0 0
PRECISION CASTPARTS CORP COM 740189105 21,986 110,000 SH   DFND 01 02 110,000 0 0
ROYAL BK SCOTLAND GROUP PLC ADR PFD SER P 780097762 22,610 913,223 PRN   DFND 01 02 0 0 913,223
ROYAL BK SCOTLAND GROUP PLC ADR PREF SER N 780097770 958 38,515 PRN   DFND 01 02 0 0 38,515
ROYAL BK SCOTLAND GROUP PLC ADR PREF SHS R 780097747 17,644 718,418 PRN   DFND 01 02 0 0 718,418
SEARS HLDGS CORP COM 812350106 1,515 56,740 SH   DFND 01 02 56,740 0 0
SEARS HLDGS CORP COM 812350106 33 162,500 SH Call DFND 01 02 0 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 2,804 115,000 SH   DFND 01 02 115,000 0 0
SINA CORP NOTE 1.000%12/0 82922RAD5 62,307 65,500,000 PRN   DFND 01 02 0 0 65,500,000
SINA CORP ORD G81477104 508 500,000 SH Put DFND 01 02 0 0 500,000
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,760 590,000 SH Put DFND 01 02 0 0 590,000
STARWOOD PPTY TR INC NOTE 3.750%10/1 85571BAC9 12,594 12,500,000 PRN   DFND 01 02 0 0 12,500,000
SUNEDISON INC COM 86732Y109 20,937 700,000 SH   DFND 01 02 700,000 0 0
SYNCHRONY FINL COM 87165B103 21,405 650,000 SH   DFND 01 02 650,000 0 0
TALMER BANCORP INC COM 87482X101 3,853 230,000 SH   DFND 01 02 230,000 0 0
TATA MTRS LTD SPONSORED ADR 876568502 20,682 600,000 SH   DFND 01 02 600,000 0 0
TERRAFORM PWR INC CL A COM 88104R100 14,243 375,000 SH   DFND 01 02 375,000 0 0
THE ONE GROUP HOSPITALITY IN COM 88338K103 1,488 356,000 SH   DFND 01 02 356,000 0 0
TIM PARTICIPACOES S A SPONSORED ADR 88706P205 27,321 1,670,000 SH   DFND 01 02 1,670,000 0 0
TIME WARNER CABLE INC COM 88732J207 220,040 1,235,000 SH   DFND 01 02 1,235,000 0 0
TRAVELPORT WORLDWIDE LTD SHS G9019D104 9,370 680,000 SH   DFND 01 02 680,000 0 0
TYSON FOODS INC CL A 902494103 14,921 350,000 SH   DFND 01 02 350,000 0 0
VIOLIN MEMORY INC COM 92763A101 2,695 1,100,000 SH   DFND 01 02 1,100,000 0 0
WILLIAMS COS INC DEL COM 969457100 7,461 130,000 SH   DFND 01 02 130,000 0 0
WUXI PHARMATECH CAYMAN INC SPONS ADR SHS 929352102 2,113 50,000 SH   DFND 01 02 50,000 0 0
YRC WORLDWIDE INC COM PAR $.01 984249607 17,848 1,375,000 SH   DFND 01 02 1,375,000 0 0
YUM BRANDS INC COM 988498101 4,504 50,000 SH   DFND 01 02 50,000 0 0