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
APARTMENT INCOME REIT CORP COM 03750L109 13,251 242,385 SH   SOLE   242,385 0 0
BRIGHTSPHERE INVT GROUP INC COM 10948W103 1,116 43,605 SH   SOLE   43,605 0 0
BRP GROUP INC COM CL A 05589G102 9,114 252,385 SH   SOLE   252,385 0 0
CAESARS ENTERTAINMENT INC NE COM 12769G100 9,388 100,375 SH   SOLE   100,375 0 0
GLOBAL MED REIT INC COM NEW 37954A204 1,686 95,000 SH   SOLE   95,000 0 0
HERTZ GLOBAL HLDGS INC COM NEW 42806J700 11,079 443,322 SH   SOLE   443,322 0 0
JACKSON FINANCIAL INC COM CL A 46817M107 19,554 467,454 SH   SOLE   467,454 0 0
M & T BK CORP COM 55261F104 10,629 69,206 SH   SOLE   69,206 0 0
MORGAN STANLEY COM NEW 617446448 2,061 21,000 SH   SOLE   21,000 0 0
SCULPTOR CAP MGMT COM CL A 811246107 13,025 610,071 SH   SOLE   610,071 0 0
SIGNATURE BK NEW YORK N Y COM 82669G104 24,793 76,648 SH   SOLE   76,648 0 0