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
Ally Financial Inc Common 02005N100 73,778 3,629,000 SH   SOLE SOLE 3,629,000 0 0
Cheniere Energy Inc Common 16411R208 75,065 1,588,000 SH   SOLE SOLE 1,588,000 0 0
Cresud SACIF y A Common 226406106 10,145 505,470 SH   SOLE SOLE 505,470 0 0
Frontier Communications Preferred 35906A207 29,158 591,917 SH   SOLE SOLE 591,917 0 0
IRSA Inversiones y Representaciones SA Common 450047204 28,995 1,182,996 SH   SOLE SOLE 1,182,996 0 0
YPF SA Common 984245100 105,679 4,352,494 SH   SOLE SOLE 4,352,494 0 0