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 35,098 1,845,314 SH   DFND 1 2 3 4 7 1,845,314 0 0
ALLY FINL INC COM 02005N100 33,362 1,754,002 SH   DFND 1 2 3 4 1,754,002 0 0
AMERICAN CAP LTD COM 02503Y103 27,462 1,532,547 SH   DFND 1 2 3 4 1,532,547 0 0
AMERICAN CAP LTD COM 02503Y103 32,633 1,821,030 SH   DFND 1 2 3 4 7 1,821,030 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 1,004 3,487 SH   DFND 1 2 3 4 3,487 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 39,594 137,517 SH   DFND 1 2 3 4 5 137,517 0 0
CONSUMER PORTFOLIO SVCS INC COM 210502100 1,629 318,074 SH   DFND 1 2 3 4 5 318,074 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 548 30,975 SH   DFND 1 2 3 4 30,975 0 0
DRIVE SHACK INC COM 262077100 650 172,848 SH   DFND 1 2 3 4 172,848 0 0
FORTRESS TRANS INFRST INVS L COM REP LTD LIAB 34960P101 9,957 748,644 SH   DFND 1 2 3 4 748,644 0 0
GENERAL GROWTH PPTYS INC NEW COM 370023103 803 32,160 SH   DFND 1 2 3 4 32,160 0 0
HOWARD HUGHES CORP COM 44267D107 352 3,081 SH   DFND 1 2 3 4 3,081 0 0
HRG GROUP INC COM 40434J100 513,398 32,994,740 SH   DFND 1 2 3 4 5 6 32,994,740 0 0
INNOCOLL HLDGS PLC SHS G4783X105 2,819 4,085,469 SH   DFND 1 2 3 4 6 4,085,469 0 0
INTRAWEST RESORTS HLDGS INC COM 46090K109 482,633 27,038,250 SH   DFND 1 2 3 4 27,038,250 0 0
INVENTERGY GLOBAL INC COM NEW 46123X409 38 50,000 SH   DFND 1 2 3 4 50,000 0 0
MARATHON PATENT GROUP INC COM NEW 56585W203 231 134,409 SH   DFND 1 2 3 4 134,409 0 0
NATIONSTAR MTG HLDGS INC COM 63861C109 1,229,972 68,104,736 SH   DFND 1 2 3 4 68,104,736 0 0
NETLIST INC COM 64118P109 1,092 1,070,654 SH   DFND 1 2 3 4 1,070,654 0 0
NEW MEDIA INVT GROUP INC COM 64704V106 1,197 74,870 SH   DFND 1 2 3 4 74,870 0 0
NEW RESIDENTIAL INVT CORP COM NEW 64828T201 8,152 518,545 SH   DFND 1 2 3 4 518,545 0 0
NEW SR INVT GROUP INC COM 648691103 1,692 172,848 SH   DFND 1 2 3 4 172,848 0 0
NII HLDGS INC COM PAR $0.001 62913F508 2,275 1,058,012 SH   DFND 1 2 3 1,058,012 0 0
NRG ENERGY INC COM NEW 629377508 0 3 SH   DFND 1 2 3 3 0 0
ONEMAIN HLDGS INC COM 68268W103 1,625,906 73,437,500 SH   DFND 1 2 3 4 73,437,500 0 0
OPUS BK IRVINE CALIF COM 684000102 50,163 1,669,336 SH   DFND 1 2 3 4 1,669,336 0 0
OPUS BK IRVINE CALIF COM 684000102 102,811 3,421,339 SH   DFND 1 2 3 4 6 3,421,339 0 0
PARATEK PHARMACEUTICALS INC COM 699374302 6,680 433,804 SH   DFND 1 2 3 4 433,804 0 0
SITO MOBILE LTD COM NEW 82988R203 1,322 358,260 SH   DFND 1 2 3 4 358,260 0 0
STATE NATL COS INC COM 85711T305 48,510 3,500,000 SH   DFND 1 2 3 4 5 7 3,500,000 0 0
U S CONCRETE INC COM NEW 90333L201 381 5,815 SH   DFND 1 2 3 5,815 0 0
VANGUARD INDEX FDS REIT ETF 922908553 11,793 142,900 SH Put DFND 1 2 3 4 5 142,900 0 0
VERINT SYS INC COM 92343X100 4 122 SH   DFND 1 2 3 122 0 0
WILLBROS GROUP INC DEL COM 969203108 147 45,350 SH   DFND 1 2 3 4 45,350 0 0
WMIH CORP COM 92936P100 25 15,916 SH   DFND 1 2 3 15,916 0 0