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 FINL INC COM 02005N100 28,114 1,253,420 SH   DFND 1 2 3 4 5 1,253,420 0 0
ALLY FINL INC COM 02005N100 41,390 1,845,314 SH   DFND 1 2 3 4 8 1,845,314 0 0
ALLY FINL INC COM 02005N100 42,662 1,902,029 SH   DFND 1 2 3 4 1,902,029 0 0
AMERICAN CAP LTD COM 02503Y103 23,295 1,719,342 SH   DFND 1 2 3 4 1,719,342 0 0
AMERICAN CAP LTD COM 02503Y103 28,646 2,114,064 SH   DFND 1 2 3 4 5 2,114,064 0 0
AMERICAN CAP LTD COM 02503Y103 24,675 1,821,030 SH   DFND 1 2 3 4 8 1,821,030 0 0
APOLLO INVT CORP COM 03761U106 2,039 288,000 SH   DFND 1 2 3 288,000 0 0
APPLE INC COM 037833100 991 7,900 SH   DFND 1 2 3 4 6 7,900 0 0
APPLIED GENETIC TECHNOL CORP COM 03820J100 293 19,070 SH   DFND 1 2 3 19,070 0 0
AR CAP ACQUISITION CORP UNIT 10/06/2019 00191R208 12,389 1,226,618 SH   DFND 1 2 3 4 5 1,226,618 0 0
AR CAP ACQUISITION CORP UNIT 10/06/2019 00191R208 2,459 243,382 SH   DFND 1 2 3 4 243,382 0 0
ARES CAP CORP COM 04010L103 2,453 149,000 SH   DFND 1 2 3 149,000 0 0
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 5,188 97,205 SH   DFND 1 2 3 4 6 97,205 0 0
BARCLAYS BK PLC IPATH S&P500 VIX 06742E711 1,557 77,500 SH Put DFND 1 2 3 4 6 77,500 0 0
BOULEVARD ACQUISITION CORP UNIT 02/19/2019 10157P203 1,400 100,000 SH   DFND 1 2 3 100,000 0 0
CAESARS ACQUISITION CO CL A 12768T103 6,720 976,667 SH   DFND 1 2 3 4 5 976,667 0 0
CAESARS ACQUISITION CO CL A 12768T103 392 56,985 SH   DFND 1 2 3 4 56,985 0 0
CARNIVAL CORP PAIRED CTF 143658300 1,002 20,300 SH   DFND 1 2 3 4 6 20,300 0 0
CHENIERE ENERGY INC COM NEW 16411R208 1,862 26,880 SH   DFND 1 2 3 4 26,880 0 0
CHENIERE ENERGY INC COM NEW 16411R208 47,672 688,301 SH   DFND 1 2 3 4 5 688,301 0 0
CHINA MOBILE GAMES & ENTMT G SPONSORED ADR 16952T100 115 5,450 SH   DFND 1 2 3 4 6 5,450 0 0
CITIGROUP INC COM NEW 172967424 1,214 22,000 SH   DFND 1 2 3 4 6 22,000 0 0
COMVERSE INC COM 20585P105 2 94 SH   DFND 1 2 3 94 0 0
CONSUMER PORTFOLIO SVCS INC COM 210502100 2,820 451,175 SH   DFND 1 2 3 4 5 451,175 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 799 30,975 SH   DFND 1 2 3 4 30,975 0 0
FORTRESS TRANS INFRST INVS L COM REP LTD LIAB 34960P101 970,007 53,502,873 SH   DFND 1 2 3 4 53,502,873 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 384,960 10,500,825 SH   DFND 1 2 3 4 10,500,825 0 0
GENERAL GROWTH PPTYS INC NEW COM 370023103 825 32,160 SH   DFND 1 2 3 4 32,160 0 0
HOWARD HUGHES CORP COM 44267D107 442 3,081 SH   DFND 1 2 3 4 3,081 0 0
HRG GROUP INC COM 40434J100 428,932 32,994,740 SH   DFND 1 2 3 4 5 7 32,994,740 0 0
INNOCOLL AG SPONSORED ADR 45780Q103 4,064 277,777 SH   DFND 1 2 3 4 7 277,777 0 0
INTRAWEST RESORTS HLDGS INC COM 46090K109 314,184 27,038,250 SH   DFND 1 2 3 4 27,038,250 0 0
INVENTERGY GLOBAL INC COM 46123X102 166 500,000 SH   DFND 1 2 3 4 5 500,000 0 0
ISHARES MSCI JAPAN ETF 464286848 3,203 250,000 SH Put DFND 1 2 3 4 250,000 0 0
ISHARES MSCI STH KOR ETF 464286772 2,204 40,000 SH Put DFND 1 2 3 4 40,000 0 0
JPMORGAN CHASE & CO COM 46625H100 677 10,000 SH   DFND 1 2 3 4 6 10,000 0 0
MARATHON PATENT GROUP INC COM NEW 56585W203 390 134,409 SH   DFND 1 2 3 4 5 134,409 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 710 40,000 SH Call DFND 1 2 3 40,000 0 0
MOHAWK INDS INC COM 608190104 1,011 5,300 SH   DFND 1 2 3 4 6 5,300 0 0
MONSANTO CO NEW COM 61166W101 2,132 20,000 SH Call DFND 1 2 3 4 6 20,000 0 0
NATIONSTAR MTG HLDGS INC COM 63861C109 1,130,476 67,290,248 SH   DFND 1 2 3 4 67,290,248 0 0
NEW MTN FIN CORP COM 647551100 2,173 150,000 SH   DFND 1 2 3 150,000 0 0
NEWCASTLE INVT CORP NEW COM PAR $0.01 65105M603 4,584 1,037,091 SH   SOLE 1 1,037,091 0 0
NORTHSTAR RLTY FIN CORP COM NEW 66704R704 2,112 132,836 SH   DFND 1 2 3 4 132,836 0 0
NORTHSTAR RLTY FIN CORP COM NEW 66704R704 42,542 2,675,571 SH   DFND 1 2 3 4 5 2,675,571 0 0
NRG ENERGY INC COM NEW 629377508 0 3 SH   DFND 1 2 3 3 0 0
OPUS BK IRVINE CALIF COM 684000102 66,952 1,850,544 SH   DFND 1 2 3 4 1,850,544 0 0
OPUS BK IRVINE CALIF COM 684000102 137,221 3,792,730 SH   DFND 1 2 3 4 7 3,792,730 0 0
PACIFIC DATAVISION INC COM 694171307 94 2,233 SH   DFND 1 2 3 4 2,233 0 0
PACIFIC DATAVISION INC COM 694171307 1,912 45,395 SH   DFND 1 2 3 4 5 45,395 0 0
PARTNERRE LTD COM G6852T105 12,850 100,000 SH   DFND 1 2 3 4 6 100,000 0 0
PENN NATL GAMING INC COM 707569109 2,896 157,823 SH   DFND 1 2 3 4 157,823 0 0
PENNANTPARK INVT CORP COM 708062104 22 2,521 SH   DFND 1 2 3 4 2,521 0 0
PENNANTPARK INVT CORP COM 708062104 427 48,649 SH   DFND 1 2 3 4 5 48,649 0 0
PERFECT WORLD CO LTD SPON ADR REP B 71372U104 1,357 68,470 SH   DFND 1 2 3 4 6 68,470 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 10,172 95,000 SH Put DFND 1 2 3 4 6 95,000 0 0
POWERSHS DB MULTI SECT COMM PS DB AGRICUL FD 73936B408 2,254 96,500 SH   DFND 1 2 3 4 6 96,500 0 0
PRECISION CASTPARTS CORP COM 740189105 9,428 47,168 SH   DFND 1 2 3 4 6 47,168 0 0
QUAD / GRAPHICS INC COM CL A 747301109 0 2 SH   DFND 1 2 3 2 0 0
ROUSE PPTYS INC COM 779287101 20 1,206 SH   DFND 1 2 3 4 1,206 0 0
ROYAL BK SCOTLAND GROUP PLC ADR PREF SHS R 780097747 1,056 43,000 SH   DFND 1 2 3 43,000 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 744 10,000 SH   DFND 1 2 3 4 6 10,000 0 0
SOLAR CAP LTD COM 83413U100 157 8,712 SH   DFND 1 2 3 4 8,712 0 0
SOLAR CAP LTD COM 83413U100 3,060 169,958 SH   DFND 1 2 3 4 5 169,958 0 0
SPRINGLEAF HLDGS INC COM 85172J101 3,371,516 73,437,500 SH   DFND 1 2 3 4 73,437,500 0 0
STATE NATL COS INC COM 85711T305 37,905 3,500,000 SH   DFND 1 2 3 4 5 8 3,500,000 0 0
U S CONCRETE INC COM NEW 90333L201 448 11,815 SH   DFND 1 2 3 11,815 0 0
VERINT SYS INC COM 92343X100 7 122 SH   DFND 1 2 3 122 0 0
WILLBROS GROUP INC DEL COM 969203108 58 45,350 SH   DFND 1 2 3 4 45,350 0 0
WL ROSS HLDG CORP UNIT 06/11/2019 92939D203 1,953 171,730 SH   DFND 1 2 3 4 5 171,730 0 0
WL ROSS HLDG CORP UNIT 06/11/2019 92939D203 595 52,313 SH   DFND 1 2 3 4 52,313 0 0