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
ACADIA HEALTHCARE COMPANY IN COM 00404A109 19 578 SH   DFND   0 578 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 786 3,100 SH   DFND   0 3,100 0
ALPHABET INC CAP STK CL A 02079K305 3,351 3,181 SH   DFND   0 3,181 0
ALTRIA GROUP INC COM 02209S103 1,100 15,400 SH   DFND   0 15,400 0
AMERICAN RLTY CAP PPTYS INC NOTE 3.000% 8/0 02917TAA2 20,017 20,000,000 SH   DFND 1 0 20,000,000 0
AMERICAN RLTY CAP PPTYS INC NOTE 3.750% 12/1 02917TAB0 29,148 28,319,000 SH   DFND 1 0 28,319,000 0
AMERICAN RLTY CAP PPTYS INC NOTE 3.750% 12/1 02917TAB0 7,241 7,000,000 SH   DFND   0 7,000,000 0
AMERISOURCEBERGEN CORP COM 03073E105 854 9,300 SH   DFND   0 9,300 0
APPLE INC COM 037833100 846 5,000 SH   DFND   0 5,000 0
BANK AMER CORP COM 060505104 1,269 43,000 SH   DFND   0 43,000 0
BAOZUN INC SPONSORED ADR 06684L103 5,636 178,570 SH   DFND   0 178,570 0
BAOZUN INC SPONSORED ADR 06684L103 8,095 256,480 SH   DFND 1 0 256,480 0
BEYONDSPRING INC SHS G10830100 6,979 240,000 SH   DFND 2 0 240,000 0
CARDINAL HEALTH INC COM 14149Y108 423 6,900 SH   DFND   0 6,900 0
CHECK CAP LTD SHS M2361E112 1,332 1,530,699 SH   DFND 2 0 1,530,699 0
CHECK CAP LTD *W EXP 02/28/202 M2361E120 60 333,333 SH   DFND 2 0 333,333 0
COLONY CAP INC NOTE 5.000% 4/1 19624RAA4 20,546 20,000,000 SH   DFND 1 0 20,000,000 0
COLONY CAP INC NOTE 3.875% 1/1 19624RAB2 39,917 40,000,000 SH   DFND 1 0 40,000,000 0
COLONY NORTHSTAR INC CL A COM 19625W104 16,498 1,446,014 SH   DFND   0 1,446,014 0
COLONY NORTHSTAR INC CL A COM 19625W104 43,358 3,800,006 SH   DFND 1 0 3,800,006 0
CONTRAFECT CORP COM 212326102 8,585 8,500,000 SH   DFND 2 0 8,500,000 0
COWEN INC CL A NEW 223622606 18,191 1,332,674 SH   DFND   0 1,332,674 0
CVS HEALTH CORP COM 126650100 479 6,600 SH   DFND   0 6,600 0
DELTA AIR LINES INC DEL COM NEW 247361702 1,109 19,800 SH   DFND   0 19,800 0
DISNEY WALT CO COM DISNEY 254687106 1,500 13,950 SH   DFND   0 13,950 0
DOVA PHARMACEUTICALS INC COM 25985T102 1,440 50,000 SH   DFND   0 50,000 0
DOVA PHARMACEUTICALS INC COM 25985T102 19,008 660,000 SH   DFND 2 0 660,000 0
FANG HLDGS LTD ADR 30711Y102 110,984 19,889,654 SH   DFND 1 0 19,889,654 0
FANG HLDGS LTD ADR 30711Y102 16,600 2,974,909 SH   DFND   0 2,974,909 0
FANHUA INC SPONSORED ADR 30712A103 14,983 693,036 SH   DFND   0 693,036 0
FORD MTR CO DEL COM PAR $0.01 345370860 1,154 92,400 SH   DFND   0 92,400 0
GENERAL DYNAMICS CORP COM 369550108 1,017 5,000 SH   DFND   0 5,000 0
GILEAD SCIENCES INC COM 375558103 8,866 123,759 SH   DFND   0 123,759 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 844 23,800 SH   DFND   0 23,800 0
HOME DEPOT INC COM 437076102 1,232 6,500 SH   DFND   0 6,500 0
IKANG HEALTHCARE GROUP INC SPONSORED ADR 45174L108 8,594 543,912 SH   DFND 2 0 543,912 0
IKANG HEALTHCARE GROUP INC SPONSORED ADR 45174L108 37,327 2,362,495 SH   DFND   0 2,362,495 0
IKANG HEALTHCARE GROUP INC SPONSORED ADR 45174L108 26,924 1,704,027 SH   DFND 1 0 1,704,027 0
IMPAX LABORATORIES INC COM 45256B101 64,186 3,854,995 SH   DFND 2 0 3,854,995 0
JOUNCE THERAPEUTICS INC COM 481116101 1,606 125,960 SH   DFND   0 125,960 0
JOUNCE THERAPEUTICS INC COM 481116101 2,040 160,000 SH   DFND 2 0 160,000 0
MACYS INC COM 55616P104 1,398 55,500 SH   DFND   0 55,500 0
MAKEMYTRIP LIMITED MAURITIUS SHS V5633W109 8,020 268,681 SH   DFND 1 0 268,681 0
MCKESSON CORP COM 58155Q103 483 3,100 SH   DFND   0 3,100 0
MICROSOFT CORP COM 594918104 1,283 15,000 SH   DFND   0 15,000 0
MONDELEZ INTL INC CL A 609207105 916 21,400 SH   DFND   0 21,400 0
NATURES SUNSHINE PRODUCTS IN COM 639027101 32,971 2,854,607 SH   DFND 2 0 2,854,607 0
NORWEGIAN CRUISE LINE HLDGS SHS G66721104 3,313 62,214 SH   DFND   0 62,214 0
NOVARTIS AG SPONSORED ADR 66987V109 521 6,200 SH   DFND   0 6,200 0
OCEAN RIG UDW INC COM CL G66964118 10,101 376,918 SH   DFND 1 0 376,918 0
OXFORD IMMUNOTEC GLOBAL PLC ORD SHS G6855A103 3,322 237,783 SH   DFND 2 0 237,783 0
PRICELINE GRP INC COM NEW 741503403 999 575 SH   DFND   0 575 0
SHERWIN WILLIAMS CO COM 824348106 1,230 3,000 SH   DFND   0 3,000 0
SINA CORP ORD G81477104 115,520 1,151,633 SH   DFND 1 0 1,151,633 0
SOHU COM INC COM 83408W103 50,477 1,164,397 SH   DFND 1 0 1,164,397 0
SPIRIT RLTY CAP INC NEW NOTE 2.875% 5/1 84860WAA0 20,056 20,000,000 SH   DFND 1 0 20,000,000 0
SPIRIT RLTY CAP INC NEW NOTE 3.750% 5/1 84860WAB8 31,163 30,000,000 SH   DFND 1 0 30,000,000 0
SPIRIT RLTY CAP INC NEW NOTE 3.750% 5/1 84860WAB8 19,741 18,992,000 SH   DFND   0 18,992,000 0
STARBUCKS CORP COM 855244109 1,477 25,720 SH   DFND   0 25,720 0
TEVA PHARMCEUTICAL INDS LTD SPONSORED ADR 881624209 597 31,500 SH   DFND   0 31,500 0
TRANSGLOBE ENERGY CORP COM 893662106 3,585 2,422,923 SH   DFND 1 0 2,422,923 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 1,262 37,000 SH   DFND   0 37,000 0
TWITTER INC NOTE 0.250% 9/1 90184LAB8 35,388 37,000,000 SH   DFND 1 0 37,000,000 0
UNITEDHEALTH GROUP INC COM 91324P102 628 2,850 SH   DFND   0 2,850 0
VIPSHOP HLDGS LTD NOTE 1.500% 3/1 92763WAA1 49,801 50,000,000 SH   DFND 1 0 50,000,000 0
VIPSHOP HLDGS LTD SPONSORED ADR 92763W103 20,639 1,761,032 SH   DFND 1 0 1,761,032 0
VIPSHOP HLDGS LTD SPONSORED ADR 92763W103 2,212 188,765 SH   DFND   0 188,765 0
VIEWRAY INC COM 92672L107 61,838 6,677,975 SH   DFND   0 6,677,975 0
VEREIT INC COM 92339V100 37,162 4,770,500 SH   DFND 1 0 4,770,500 0
VEREIT INC COM 92339V100 15,188 1,949,632 SH   DFND   0 1,949,632 0
VERISIGN INC COM 92343E102 5,001 43,700 SH   DFND   0 43,700 0
YANDEX NV NOTE 1.125% 12/1 98474TAB3 50,062 50,752,000 SH   DFND 1 0 50,752,000 0