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
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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
AEGEAN MARINE PETE NETWORK I NOTE 4.000%11/0 Y0020QAA9 7,035 7,774,000 PRN   SOLE   0 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 6,149 33,500 SH Put SOLE   33,500 0 0
ALON USA ENERGY INC NOTE 3.000% 9/1 020520AB8 19,117 12,500,000 PRN   SOLE   0 0 0
APOLLO COML REAL EST FIN INC NOTE 4.750% 8/2 03762UAB1 5,534 5,500,000 PRN   SOLE   0 0 0
ATLAS AIR WORLDWIDE HLDGS IN NOTE 1.875% 6/0 049164BJ4 30,082 25,000,000 PRN   SOLE   0 0 0
BIOGEN INC COM 09062X103 41,073 150,000 SH   SOLE   150,000 0 0
BLACKSTONE MTG TR INC NOTE 4.375% 5/0 09257WAB6 24,594 25,000,000 PRN   SOLE   0 0 0
CADENCE BANCORPORATION CL A 12739A100 2,245 82,449 SH   SOLE   82,449 0 0
CARDLYTICS INC COM 14161W105 2,952 201,780 SH   SOLE   201,780 0 0
CLEVELAND CLIFFS INC DBCV 1.500% 1/1 185899AA9 3,780 3,500,000 PRN   SOLE   0 0 0
CURO GROUP HLDGS CORP COM 23131L107 26,209 1,523,800 SH   SOLE   1,523,800 0 0
DASEKE INC COM 23753F107 4,161 425,000 SH   SOLE   425,000 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 73,739 1,007,223 SH   SOLE   1,007,223 0 0
DOWDUPONT INC COM 26078J100 50,968 800,000 SH   SOLE   800,000 0 0
EDISON INTL COM 281020107 20,690 325,000 SH   SOLE   325,000 0 0
ELEVATE CREDIT INC COM 28621V101 13,138 1,855,589 SH   SOLE   1,855,589 0 0
ENCORE CAP GROUP INC NOTE 3.000% 7/0 292554AF9 6,830 5,968,000 PRN   SOLE   0 0 0
ENOVA INTL INC COM 29357K103 46,266 2,098,221 SH   SOLE   2,098,221 0 0
GENERAL MLS INC COM 370334104 10,229 227,000 SH   SOLE   227,000 0 0
GOLDCORP INC NEW COM 380956409 6,219 450,000 SH   SOLE   450,000 0 0
GRANITE PT MTG TR INC NOTE 5.625%12/0 38741LAB3 14,758 15,000,000 PRN   SOLE   0 0 0
HRG GROUP INC COM 40434J100 92,379 5,602,112 SH   SOLE   5,602,112 0 0
INDUSTRIAL LOGISTICS PPTYS T COM SHS BEN INT 456237106 7,893 388,074 SH   SOLE   388,074 0 0
INTELSAT S A COM L5140P101 6,957 1,850,214 SH   SOLE   1,850,214 0 0
INVESTORS BANCORP INC NEW COM 46146L101 57,288 4,200,000 SH   SOLE   4,200,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 187,814 1,237,000 SH Put SOLE   1,237,000 0 0
ISIS PHARMACEUTICALS INC DEL NOTE 1.000%11/1 464337AJ3 7,430 7,500,000 PRN   SOLE   0 0 0
JBG SMITH PPTYS COM 46590V100 13,484 400,000 SH   SOLE   400,000 0 0
KEARNY FINL CORP MD COM 48716P108 25,331 1,948,562 SH   SOLE   1,948,562 0 0
LADDER CAP CORP CL A 505743104 55,742 3,696,412 SH   SOLE   3,696,412 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 23,756 578,000 SH   SOLE   578,000 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 35,827 877,029 SH   SOLE   877,029 0 0
LIBERTY OILFIELD SVCS INC COM CL A 53115L104 5,151 305,000 SH   SOLE   305,000 0 0
LIBERTY TRIPADVISOR HLDGS IN COM SER A 531465102 33,282 3,096,032 SH   SOLE   3,096,032 0 0
MCDERMOTT INTL INC COM 580037109 1,766 290,000 SH Put SOLE   290,000 0 0
NEW GOLD INC CDA COM 644535106 5,416 2,099,316 SH   SOLE   2,099,316 0 0
NEWMARK GROUP INC CL A 65158N102 4,373 287,877 SH   SOLE   287,877 0 0
NII HLDGS INC COM PAR 62913F508 8,728 4,136,265 SH   SOLE   4,136,265 0 0
NOVAGOLD RES INC COM NEW 66987E206 12,577 2,904,547 SH   SOLE   2,904,547 0 0
NXP SEMICONDUCTORS N V COM N6596X109 101,519 867,688 SH   SOLE   867,688 0 0
PANDORA MEDIA INC COM 698354107 11,567 2,299,514 SH   SOLE   2,299,514 0 0
PFIZER INC COM 717081103 99,372 2,800,000 SH   SOLE   2,800,000 0 0
PG&E CORP COM 69331C108 20,187 459,527 SH   SOLE   459,527 0 0
PLAYA HOTELS & RESORTS NV SHS N70544106 28,435 2,782,295 SH   SOLE   2,782,295 0 0
REDWOOD TR INC NOTE 4.750% 8/1 758075AC9 19,375 20,000,000 PRN   SOLE   0 0 0
REPLIGEN CORP NOTE 2.125% 6/0 759916AA7 13,793 10,600,000 PRN   SOLE   0 0 0
SERITAGE GROWTH PPTYS CL A 81752R100 64,118 1,803,614 SH   SOLE   1,803,614 0 0
SMART & FINAL STORES INC COM 83190B101 3,006 541,624 SH   SOLE   541,624 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 82,532 313,631 SH   SOLE   313,631 0 0
SPDR SERIES TRUST S&P RETAIL ETF 78464A714 15,771 356,000 SH   SOLE   356,000 0 0
SUPER MICRO COMPUTER INC COM 86800U104 4,328 254,576 SH   SOLE   254,576 0 0
TELEPHONE & DATA SYS INC COM NEW 879433829 16,482 588,000 SH   SOLE   588,000 0 0
TFS FINL CORP COM 87240R107 26,278 1,788,868 SH   SOLE   1,788,868 0 0
TIME WARNER INC COM NEW 887317303 182,256 1,927,000 SH   SOLE   1,927,000 0 0
TITAN MACHY INC NOTE 3.750% 5/0 88830RAB7 1,990 2,000,000 PRN   SOLE   0 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 75,518 2,058,267 SH   SOLE   2,058,267 0 0
UNITED CONTL HLDGS INC COM 910047109 9,031 130,000 SH Call SOLE   0 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 4,220 192,000 SH Call SOLE   0 0 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 6,792 90,000 SH   SOLE   90,000 0 0
VEECO INSTRS INC DEL NOTE 2.700% 1/1 922417AD2 10,928 12,000,000 PRN   SOLE   0 0 0
VIAD CORP COM NEW 92552R406 37,810 720,886 SH   SOLE   720,886 0 0
VICTORY CAP HLDGS INC COM CL A 92645B103 3,998 325,000 SH   SOLE   325,000 0 0
WILLSCOT CORP *W EXP 09/10/202 971375118 418 250,000 SH   SOLE   250,000 0 0
XEROX CORP COM NEW 984121608 28,618 994,378 SH   SOLE   994,378 0 0