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

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

FORM 13F INFORMATION TABLE

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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
PHH CORP COM NEW 693320202 10,460 1,000,000 SH   SOLE 1,000,000 0 0
PINNACLE ENTMT INC NEW COM 72348Y105 8,291 275,000 SH   SOLE 275,000 0 0
SCANA CORP NEW COM 80589M102 19,778 526,700 SH   SOLE 526,700 0 0
XL GROUP LTD COM G98294104 99,186 1,794,900 SH   SOLE 1,794,900 0 0