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
ADVANCE AUTO PARTS INC COM 00751Y106 37,681 252,686 SH   OTR 2 0 252,686 0
AGROFRESH SOLUTIONS *W EXP 07/31/202 00856G117 289 370,346 SH   OTR 1 0 370,346 0
ALLSTATE CORP COM 020002101 22,091 319,324 SH   OTR 2 0 319,324 0
AMAYA INC COM 02314M108 226,431 13,977,234 SH   OTR 1 0 13,977,234 0
AMAZON COM INC COM 023135106 67,614 80,752 SH   OTR 2 0 80,752 0
AMC ENTMT HLDGS INC CL A COM 00165C104 741 23,831 SH   OTR 2 0 23,831 0
AMSURG CORP COM 03232P405 17,824 265,836 SH   OTR 2 0 265,836 0
APOLLO COML REAL EST FIN INC COM 03762U105 30,236 1,847,019 SH   SOLE   1,847,019 0 0
ARAMARK COM 03852U106 12,619 331,814 SH   OTR 2 0 331,814 0
ASPEN TECHNOLOGY INC COM 045327103 6,047 129,242 SH   OTR 2 0 129,242 0
AXOVANT SCIENCES LTD COM G0750W104 4,951 353,669 SH   SOLE   353,669 0 0
BIOSCRIP INC COM 09069N108 49 16,802 SH   OTR 1 0 16,802 0
BLACKSTONE MTG TR INC COM CL A 09257W100 130,509 4,431,560 SH   SOLE   4,823,431 0 0
BOOZ ALLEN HAMILTON HLDG COR CL A 099502106 1,431 45,286 SH   OTR 1 0 45,286 0
BRUNSWICK CORP COM 117043109 9,189 188,385 SH   OTR 2 0 188,385 0
CARTER INC COM 146229109 11,264 129,906 SH   OTR 2 0 129,906 0
CHENIERE ENERGY PARTNERS LP COM UNIT 16411Q101 32,220 1,101,169 SH   OTR 3 0 1,101,169 0
CHENIERE ENERGY PARTNERS LP COM UNIT 16411Q101 80,056 2,736,009 SH   OTR 1 0 2,736,009 0
CHENIERE ENERGY PTNRS LP HLD COM REP LLC IN 16411W108 16,089 707,510 SH   OTR 1 0 707,510 0
CIENA CORP COM NEW 171779309 12,791 586,755 SH   OTR 2 0 586,755 0
CLEAR CHANNEL OUTDOOR HLDGS CL A 18451C109 18,810 3,220,940 SH   OTR 1 0 3,220,940 0
COGENT COMMUNICATIONS HLDGS COM NEW 19239V302 3,536 96,050 SH   OTR 2 0 96,050 0
COMSTOCK RES INC NOTE 7.750% 4/0 205768AM6 1,470 2,000,000 PRN   OTR 1 0 2,000,000 0
COMSTOCK RES INC NOTE 9.500% 6/1 205768AN4 1,470 2,000,000 PRN   OTR 1 0 2,000,000 0
CVR PARTNERS LP COM 126633106 90,100 17,000,000 SH   OTR 1 0 17,000,000 0
DDR CORP COM 23317H102 9,358 536,916 SH   OTR 2 0 536,916 0
EASTMAN KODAK CO COM NEW 277461406 133,128 8,875,211 SH   OTR 1 0 8,875,211 0
EASTMAN KODAK CO *W EXP 09/03/201 277461133 424 115,410 SH   OTR 1 0 115,410 0
EASTMAN KODAK CO *W EXP 09/03/201 277461141 424 115,410 SH   OTR 1 0 115,410 0
ECLIPSE RES CORP COM 27890G100 11,219 3,410,000 SH   OTR 1 0 3,410,000 0
ELLINGTON RESIDENTIAL MTG RE COM SHS BEN INT 288578107 34,912 2,689,702 SH   SOLE   2,689,702 0 0
ENVISION HEALTHCARE HLDGS IN COM 29413U103 11,047 496,055 SH   OTR 2 0 496,055 0
ENVIVA PARTNERS LP COM UNIT 29414J107 11,113 411,761 SH   OTR 1 0 411,761 0
ENVIVA PARTNERS LP COM UNIT 29414J107 17,926 664,178 SH   OTR 1 0 664,178 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 22,865 355,430 SH   OTR 2 0 355,430 0
EXTENDED STAY AMER INC UNIT 99/99/9999B 30224P200 534,451 37,637,396 SH   SOLE   37,637,396 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 7,915 214,449 SH   OTR 2 0 214,449 0
FIRST HAWAIIAN INC COM 32051X108 2,829 105,306 SH   OTR 2 0 105,306 0
GAMING & LEISURE PPTYS INC COM 36467J108 7,090 211,955 SH   OTR 2 0 211,955 0
GCP APPLIED TECHNOLOGIES INC COM 36164Y101 2,297 81,113 SH   OTR 2 0 81,113 0
GRACE W R & CO DEL NEW COM 38388F108 9,008 122,063 SH   OTR 2 0 122,063 0
GRUPO SUPERVIELLE S A SPONSORED ADR 40054A108 293 19,763 SH   OTR 2 0 19,763 0
GRUPO TELEVISA SA SPON ADR REP ORD 40049J206 159,688 6,215,943 SH   SOLE   6,215,943 0 0
HALCON RES CORP *W EXP 09/09/202 40537Q118 125 58,337 SH   OTR 1 0 58,337 0
HALCON RES CORP COM PAR NEW 40537Q605 2,014 214,754 SH   OTR 1 0 214,754 0
HILTON WORLDWIDE HLDGS INC COM 43300A104 10,382,505 452,791,323 SH   SOLE   452,791,323 0 0
HOME DEPOT INC COM 437076102 50,214 390,224 SH   OTR 2 0 390,224 0
HORTONWORKS INC COM 440894103 1,806 216,230 SH   OTR 2 0 216,230 0
HUDSON PAC PPTYS INC COM 444097109 283,547 8,626,311 SH   SOLE   8,626,311 0 0
HUMANA INC COM 444859102 8,185 46,273 SH   OTR 2 0 46,273 0
INTELSAT S A COM L5140P101 3,012 1,111,433 SH   SOLE   1,111,433 0 0
ITRON INC COM 465741106 33,354 598,176 SH   SOLE   598,176 0 0
JACK IN THE BOX INC COM 466367109 10,181 106,115 SH   OTR 2 0 106,115 0
JONES ENERGY INC COM CL A 48019R108 2,825 793,651 SH   OTR 1 0 793,651 0
KILROY RLTY CORP COM 49427F108 6,748 97,310 SH   OTR 2 0 97,310 0
KOSMOS ENERGY LTD SHS G5315B107 618,902 96,552,512 SH   OTR 3 0 96,552,512 0
LA QUINTA HLDGS INC COM 50420D108 393,235 35,173,076 SH   SOLE   35,173,076 0 0
MACERICH CO COM 554382101 14,762 182,545 SH   OTR 2 0 182,545 0
MARRIOTT INTL INC NEW CL A 571903202 22,189 329,555 SH   OTR 2 0 329,555 0
MATCH GROUP INC COM 57665R106 4,266 239,801 SH   OTR 2 0 239,801 0
MICHAELS COS INC COM 59408Q106 1,218,012 50,393,531 SH   OTR 3 0 50,393,531 0
MINDBODY INC COM CL A 60255W105 350 17,818 SH   SOLE   17,818 0 0
NANTHEALTH INC COM 630104107 7,851 597,037 SH   OTR 3 0 597,037 0
NEW YORK REIT INC COM 64976L109 1,975 215,806 SH   OTR 2 0 215,806 0
NEW YORK REIT INC COM 64976L109 5,490 600,000 SH   OTR 1 0 600,000 0
PACIFIC BIOSCIENCES CALIF IN COM 69404D108 21,608 2,411,556 SH   OTR 3 0 2,411,556 0
PARAMOUNT GROUP INC COM 69924R108 49,191 3,001,296 SH   SOLE   3,001,296 0 0
PATHEON N V SHS N6865W105 1,830 61,773 SH   OTR 2 0 61,773 0
PENNSYLVANIA RL ESTATE INVT SH BEN INT 709102107 2,458 106,748 SH   OTR 2 0 106,748 0
PERFORMANCE FOOD GROUP CO COM 71377A103 1,156,077 46,616,000 SH   OTR 3 0 46,616,000 0
PULTE GROUP INC COM 745867101 50,645 2,527,203 SH   OTR 2 0 2,527,203 0
QUINTILES TRANSNATIO HLDGS I COM 74876Y101 14,803 182,615 SH   OTR 2 0 182,615 0
RANGE RES CORP COM 75281A109 6,316 163,000 SH   OTR 2 0 163,000 0
REALOGY HLDGS CORP COM 75605Y106 9,638 372,699 SH   OTR 2 0 372,699 0
RESTORATION HARDWARE HLDGS I COM 761283100 17,728 512,663 SH   OTR 2 0 512,663 0
SCRIPPS E W CO OHIO CL A NEW 811054402 9,066 570,195 SH   SOLE   570,195 0 0
SEAWORLD ENTMT INC COM 81282V100 262,888 19,502,063 SH   OTR 3 0 19,502,063 0
SERVICEMASTER GLOBAL HLDGS I COM 81761R109 7,354 218,335 SH   OTR 2 0 218,335 0
SIX FLAGS ENTMT CORP NEW COM 83001A102 28,299 527,866 SH   OTR 2 0 527,866 0
SL GREEN RLTY CORP COM 78440X101 14,734 136,300 SH   OTR 2 0 136,300 0
SOLARCITY CORP NOTE 1.625%11/0 83416TAC4 112,309 148,753,000 PRN   OTR 1 0 148,753,000 0
SOLARCITY CORP NOTE 2.750%11/0 83416TAA8 1,013 1,250,000 PRN   OTR 1 0 1,250,000 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 8,652 40,000 SH Put SOLE   40,000 0 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 84,329 1,995,000 SH Put SOLE   1,995,000 0 0
SQUARE INC CL A 852234103 14,943 1,281,546 SH   OTR 2 0 1,281,546 0
STAMPS COM INC COM NEW 852857200 6,043 63,942 SH   OTR 2 0 63,942 0
SYNCHRONY FINL COM 87165B103 50,335 1,797,672 SH   OTR 2 0 1,797,672 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 13,851 307,248 SH   OTR 2 0 307,248 0
TARGA RES CORP COM 87612G101 28,495 580,237 SH   SOLE   580,237 0 0
TAUBMAN CTRS INC COM 876664103 4,599 61,800 SH   OTR 2 0 61,800 0
TRAVELPORT WORLDWIDE LTD SHS G9019D104 2,003 133,280 SH   OTR 2 0 133,280 0
TRIPADVISOR INC COM 896945201 52,242 826,882 SH   OTR 2 0 826,882 0
TYLER TECHNOLOGIES INC COM 902252105 925 5,404 SH   OTR 2 0 5,404 0
UNION PAC CORP COM 907818108 63,036 646,325 SH   OTR 2 0 646,325 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 37,807 1,540,000 SH Call SOLE   1,540,000 0 0
VIVINT SOLAR INC COM 92854Q106 260,256 82,359,374 SH   OTR 3 0 82,359,374 0
VORNADO RLTY TR SH BEN INT 929042109 14,655 144,801 SH   OTR 2 0 144,801 0
WEATHERFORD INTL PLC ORD SHS G48833100 1,405 250,000 SH Put OTR 1 0 250,000 0
WMIH CORP COM 92936P100 161 68,897 SH   OTR 1 0 68,897 0
WYNDHAM WORLDWIDE CORP COM 98310W108 14,706 218,420 SH   OTR 2 0 218,420 0