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
Perdoceo Education Corp COM 71363P106 11,080 602,549 SH   DFND 3 602,549 0 0
Cimpress PLC COM G2143T103 126,369 1,004,763 SH   DFND 3 1,004,763 0 0
Diversified Healthcare Trust COM 25525P107 3,543 391,567 SH   DFND 3 391,567 0 0
Perdoceo Education Corp COM 71363P106 14,027 762,758 SH   DFND 4 762,758 0 0
Diversified Healthcare Trust COM 25525P107 6,125 676,805 SH   DFND 4 676,805 0 0
Cimpress PLC COM G2143T103 21,120 167,927 SH   DFND 4 167,927 0 0
Diversified Healthcare Trust COM 25525P107 638 70,465 SH   DFND 6 70,465 0 0