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
ACTAVIS PLC SHS COM G0083B108 223 1,000 SH   SOLE   1,000 0 0
ADCARE HEALTH SYSTEMS INC COM 00650W300 43 10,000 SH   SOLE   10,000 0 0
AEROFLEX HLDG CORP COM 007767106 2,102 200,168 SH   SOLE   200,168 0 0
ALCOA INC COM 013617951 200 20,000 SH Put SOLE   0 0 0
ALLERGAN INC COM 018490102 9,925 58,650 SH   SOLE   58,650 0 0
AMKOR TECHNOLOGY INC COM 031652950 350 50,000 SH Put SOLE   0 0 0
AMER RLTY CAP HEALTHCAR TR IC O COM 02917R108 3,509 322,200 SH   SOLE   322,200 0 0
AMERICAN EXPRESS CO COM 025816109 332 3,500 SH   SOLE   3,500 0 0
ANADARKO PETE CORP COM 032511907 120 1,000 SH Call SOLE   0 0 0
ANGLOGOLD ASHANTI LTD COM 035128906 500 20,000 SH Call SOLE   0 0 0
ASCMA 4 07/15/20 CV CONVERTIBLE BOND 043632AA6 235 250,000 PRN   SOLE   250,000 0 0
ASPEN INSURANCE HOLDINGS LTDS H COM G05384105 286 6,300 SH   SOLE   6,300 0 0
ASTRAZENECA PLC ADR SPONSORED COM 046353108 2,382 32,050 SH   SOLE   32,050 0 0
AURICO GOLD INC COM COM 05155C105 55 13,000 SH   SOLE   13,000 0 0
AUTONAVI HLDGS LTD SPONSORED A COM 05330F106 5,444 260,458 SH   SOLE   260,458 0 0
BIOTA HOLDINGS LTD COM 090694100 1,028 360,668 SH   SOLE   360,668 0 0
BANCO SANTANDER BRASIL S A AD S COM 05967A107 3,277 473,624 SH   SOLE   473,624 0 0
BANK OF AMERICA COM 060505104 1,671 108,729 SH   SOLE   108,729 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 412 11,000 SH   SOLE   11,000 0 0
BGC 4 1/2 11/15/29 CONVERTIBLE BOND 369300AL2 672 675,000 PRN   SOLE   675,000 0 0
BIOSCRIP INC COM 09069N108 1,454 174,342 SH   SOLE   174,342 0 0
BOB EVANS FARMS INC COM COM 096761101 2,815 56,246 SH   SOLE   56,246 0 0
BOYD GAMING CORP COM 103304101 2,480 204,420 SH   SOLE   204,420 0 0
BROOKFIELD PPTY PARTNERS L PUN COM G16249107 945 45,270 SH   SOLE   45,270 0 0
CABLEVISION SYS NY GROUP A COM 12686C109 1,620 91,800 SH   SOLE   91,800 0 0
CBEYOND INC COM COM 149847105 3,243 325,909 SH   SOLE   325,909 0 0
CBS CORP CLASS A COM 124857103 522 8,400 SH   SOLE   8,400 0 0
CHEMED CORPORATION COM 16359R103 258 2,750 SH   SOLE   2,750 0 0
CHEMTURA CORP COM NEW COM 163893209 2,947 112,779 SH   SOLE   112,779 0 0
CHICOS FAS INC COM COM 168615102 1,864 109,894 SH   SOLE   109,894 0 0
CHINDEX INTERNATIONAL INC COM COM 169467107 3,000 126,629 SH   SOLE   126,629 0 0
CHIPOTLE MEXICAN GRILL INC CL COM 169656105 3,851 6,500 SH   SOLE   6,500 0 0
CIE 2.625% 12/01/19 CONVERTIBLE BOND 19075FAA4 1,085 1,175,000 PRN   SOLE   1,175,000 0 0
CINCINNATI BELL COM 171871106 1,255 319,461 SH   SOLE   319,461 0 0
CLEAR CHANNEL OUTDOOR HLDGS CL COM 18451C109 123 15,000 SH   SOLE   15,000 0 0
CLECO CORP NEW COM COM 12561W105 237 4,016 SH   SOLE   4,016 0 0
COMCAST CORP CL A SPL COM 20030N200 240 4,500 SH   SOLE   4,500 0 0
COMMUNITY HEALTH SYSTEMS-CVR WARRANT AND RIGH 203668116 33 492,630 SH   SOLE   492,630 0 0
COMPUWARE CORP COM COM 205638109 6,769 677,532 SH   SOLE   677,532 0 0
COMVERSE INC COM COM 20585P105 1,110 41,615 SH   SOLE   41,615 0 0
COOPER TIRE & RUBBER CO COM 216831107 3,791 126,352 SH   SOLE   126,352 0 0
CORCEPT THERAPEUTICS INC OC-CO COM 218352102 280 100,000 SH   SOLE   100,000 0 0
CORNING INC COM 219350105 241 11,000 SH   SOLE   11,000 0 0
COVIDIEN LTD COM G2554F113 10,117 112,191 SH   SOLE   112,191 0 0
CUBIST PHARMACEUTICALS CVR WARRANT AND RIGH 229678123 94 815,317 SH   SOLE   815,317 0 0
DIRECTV COM 25490A309 4,948 58,200 SH   SOLE   58,200 0 0
EATON CORP PLC SHS COM G29183103 679 8,800 SH   SOLE   8,800 0 0
ELIZABETH ARDEN INC COM 28660G106 1,111 51,873 SH   SOLE   51,873 0 0
EMERITUS CORP COM COM 291005106 13,215 417,540 SH   SOLE   417,540 0 0
ENERGY TRANSFER PARTNERS L PUN COM 29273R109 712 12,274 SH   SOLE   12,274 0 0
ENERGY XXI (BERMUDA) LTD COM G10082140 2,833 119,892 SH   SOLE   119,892 0 0
EQUAL ENERGY LTD COM 29390Q109 959 176,892 SH   SOLE   176,892 0 0
FERRO CORP COM 315405100 2,943 234,283 SH   SOLE   234,283 0 0
FOREST LABS INC COM COM 345838106 40,710 411,213 SH   SOLE   411,213 0 0
FOSTER WHEELER AGR COM H27178104 4,496 131,974 SH   SOLE   131,974 0 0
FUSION-IO INC COM COM 36112J107 10,428 922,800 SH   SOLE   922,800 0 0
GIANT INTERACTIVE GROUP INC AD COM 374511103 1,302 110,000 SH   SOLE   110,000 0 0
GRAHAM HOLDINGS CO. COM 384637104 379 528 SH   SOLE   528 0 0
GRIFOLS SA SP ADR REP B NVT COM 398438408 921 20,898 SH   SOLE   20,898 0 0
GRUPO TELEVISA SA DE CV ADR (B COM 40049J206 309 9,000 SH   SOLE   9,000 0 0
GULF COAST ULTRA DEEP RTY TR R UNITS 40222T104 4,785 1,633,201 SH   SOLE   1,633,201 0 0
HARVEST NAT RES INC COM COM 41754V103 973 194,955 SH   SOLE   194,955 0 0
HEICO CORP NEW CL A COM 422806208 1,459 35,936 SH   SOLE   35,936 0 0
HERTZ GLOBAL HOLDINGS INC COM COM 42805T105 1,833 65,400 SH   SOLE   65,400 0 0
HILLSHIRE BRANDS CO COM 432589109 33,513 537,925 SH   SOLE   537,925 0 0
HITTITE MICROWAVE CORP COM COM 43365Y104 18,070 231,821 SH   SOLE   231,821 0 0
HUDSON CITY BANCORP INC COM COM 443683107 9,743 991,134 SH   SOLE   991,134 0 0
ICU MEDICAL INC COM 44930G107 2,263 37,216 SH   SOLE   37,216 0 0
IDENIX PHARMACEUTICALS INC COM COM 45166R204 14,086 584,480 SH   SOLE   584,480 0 0
INTEGRYS ENERGY GROUP INC COM 45822P105 2,475 34,800 SH   SOLE   34,800 0 0
INTERNATIONAL GAME TECH COM 459902102 3,425 215,300 SH   SOLE   215,300 0 0
INTERPUBLIC GROUP COS INC COM 460690100 1,438 73,700 SH   SOLE   73,700 0 0
KIMBALL INTL INC CL B COM 494274103 1,439 86,059 SH   SOLE   86,059 0 0
KODIAK OIL & GAS CORP COM 50015Q950 200 20,000 SH Put SOLE   0 0 0
LENNAR B SHARES COM 526057302 3,385 95,279 SH   SOLE   95,279 0 0
LEXICON PHARMACEUTICALS INC COM 528872104 24 15,000 SH   SOLE   15,000 0 0
LIBERTY VENTURES SER A COM 53071M880 615 8,338 SH   SOLE   8,338 0 0
LIN MEDIA LLC - A COM 532771102 3,670 134,661 SH   SOLE   134,661 0 0
LORAL SPACE & COMMUNICATNS ICO COM 543881106 698 9,600 SH   SOLE   9,600 0 0
MARTIN MARIETTA MTLS INC COM COM 573284106 4,286 32,455 SH   SOLE   32,455 0 0
MEASUREMENT SPECIALTIES INC CO COM 583421102 11,056 128,457 SH   SOLE   128,457 0 0
MEDICAL ACTION INDS INC COM COM 58449L100 3,846 280,092 SH   SOLE   280,092 0 0
MICROS SYS INC COM COM 594901100 20,357 299,808 SH   SOLE   299,808 0 0
MOLYCORP INC DEL COM COM 608753109 81 31,400 SH   SOLE   31,400 0 0
MORGANS HOTEL GROUP CO COM COM 61748W108 4,681 590,257 SH   SOLE   590,257 0 0
MYLAN LABS INC COM COM 628530107 981 19,021 SH   SOLE   19,021 0 0
NATIONAL FUEL GAS CO N J COM COM 636180101 352 4,500 SH   SOLE   4,500 0 0
NATIONAL INTERSTATE CORP COM COM 63654U100 2,626 93,722 SH   SOLE   93,722 0 0
NEOGENOMICS INC COM NEW COM 64049M209 66 20,000 SH   SOLE   20,000 0 0
NEWMONT MINING CORP HOLDING CO COM 651639106 279 10,950 SH   SOLE   10,950 0 0
NII HLDGS INC CL B NEW COM 62913F201 12 22,000 SH   SOLE   22,000 0 0
NORDION INC COM COM 65563C105 10,962 872,748 SH   SOLE   872,748 0 0
OMNICOM GROUP COM COM 681919106 723 10,146 SH   SOLE   10,146 0 0
OPENTABLE INC COM COM 68372A104 922 8,900 SH   SOLE   8,900 0 0
PEP BOYS MANNY MOE & JACK COM 713278109 1,019 88,957 SH   SOLE   88,957 0 0
PEPCO HLDGS INC COM COM 713291102 359 13,046 SH   SOLE   13,046 0 0
PETROLOGISTICS LP COM 71672U101 957 66,616 SH   SOLE   66,616 0 0
PHH CORP COM NEW COM 693320202 5,196 226,130 SH   SOLE   226,130 0 0
PLX TECHNOLOGY INC COM COM 693417107 8,102 1,252,202 SH   SOLE   1,252,202 0 0
POST HOLDINGS INC COM 737446104 204 4,000 SH   SOLE   4,000 0 0
PROSHARES TRUST PSHS ULSHT SP5 ETF - EQUITY 74347B300 254 10,000 SH   SOLE   10,000 0 0
PROTECTIVE LIFE CORP COM COM 743674103 24,951 359,889 SH   SOLE   359,889 0 0
QR ENERGY LP COM 74734R956 105 7,000 SH Put SOLE   0 0 0
QUESTCOR PHARMACEUTICALS INCCO COM 74835Y101 5,365 58,007 SH   SOLE   58,007 0 0
RITE AID CORP COM 767754954 180 45,000 SH Put SOLE   0 0 0
RDA MICROELECTRONICS INC SPONS COM 749394102 5,390 315,002 SH   SOLE   315,002 0 0
RIVERBED TECHNOLOGY INC COM COM 768573107 3,651 176,972 SH   SOLE   176,972 0 0
SAFEWAY INC COM NEW COM 786514208 18,164 528,952 SH   SOLE   528,952 0 0
SANOFI-AVENTIS-CVR COM 80105N113 157 314,041 SH   SOLE   314,041 0 0
SCHAWK INC CL A COM 806373106 735 36,104 SH   SOLE   36,104 0 0
SHANDA GAMES LTD SP ADR REPTG COM 81941U105 2,312 348,146 SH   SOLE   348,146 0 0
SHIRE PLC ADR COM 82481R106 212 900 SH   SOLE   900 0 0
SIRIUS XM HOLDINGS INC COM 82968B103 3,926 1,134,734 SH   SOLE   1,134,734 0 0
SNDK 1 1/2 08/17 CONVERTIBLE BOND 80004CAD3 255 125,000 PRN   SOLE   125,000 0 0
SNYDERS LANCE INC COM COM 833551104 265 10,000 SH   SOLE   10,000 0 0
SONY CORP-ADR (B:SNE US) COM 835699307 252 15,000 SH   SOLE   15,000 0 0
SPWRA 4 1/2 03/15 CONVERTIBLE BOND 867652AE9 1,839 1,000,000 PRN   SOLE   1,000,000 0 0
SUSSER HLDGS CORP COM COM 869233106 7,442 92,199 SH   SOLE   92,199 0 0
SWS GROUP INC COM 78503N107 1,192 163,769 SH   SOLE   163,769 0 0
TELEPHONE & DATA SYS COM 879433829 450 17,218 SH   SOLE   17,218 0 0
TIBCO SOFTWARE INC COM 88632Q103 325 16,100 SH   SOLE   16,100 0 0
TIME WARNER CABLE INC COM COM 88732J207 12,755 86,592 SH   SOLE   86,592 0 0
TOWER GROUP INTL LTD COM COM G8988C105 477 265,029 SH   SOLE   265,029 0 0
TRI POINTE HOMES INC COM 87265H909 828 27,600 SH Call SOLE   0 0 0
TRIQUINT SEMICONDUCTOR INC COM COM 89674K103 2,103 133,000 SH   SOLE   133,000 0 0
TW TELECOM INC COM 87311L104 2,112 52,400 SH   SOLE   52,400 0 0
TWENTY FIRST CENTY FOX B COM 90130A200 1,188 34,700 SH   SOLE   34,700 0 0
T-MOBILE US INC COM 872590104 4,014 119,397 SH   SOLE   119,397 0 0
UNIVERSAL AMERICAN CORP COM 91338E101 784 94,145 SH   SOLE   94,145 0 0
UNS ENERGY CORPORATION COM COM 903119105 4,473 74,051 SH   SOLE   74,051 0 0
VERIZON COMMUNICATIONS COM 92343V104 1,988 40,633 SH   SOLE   40,633 0 0
VIACOM INC NEW CL A COM 92553P102 573 6,600 SH   SOLE   6,600 0 0
WELLS FARGO & CO NEW COM 949746101 4,296 81,743 SH   SOLE   81,743 0 0
WILLBROS GROUP INC DEL COM COM 969203108 161 13,000 SH   SOLE   13,000 0 0
WRIGHT MEDICAL GROUP INC-CVR 3 COM 98235T115 38 25,569 SH   SOLE   25,569 0 0