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
Expires: July 31, 2015
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
NAVIOS MARITIME PARTNERS L P COM UNIT LPI Y62267409 176,904,473 4,694,917 SH DFND 1 4,694,917 0 0
SABLE OFFSHORE CORP COM SHS 78574H104 222,010,507 10,100,569 SH DFND 1 10,100,569 0 0
TIDEWATER INC NEW COM 88642R109 28,272,939 612,897 SH DFND 1 612,897 0 0
TRANSOCEAN LTD REGISTERED SHS H8817H100 45,587,613 17,601,395 SH DFND 1 17,601,395 0 0