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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

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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
BLUE OWL CAPITAL CORPORATION COM 69121K104 37,991,487 3,056,435 SH SOLE 3,056,435 0 0
GOLUB CAP BDC INC COM 38173M102 33,642,459 2,479,179 SH SOLE 2,479,179 0 0
ISHARES BITCOIN TRUST ETF SHS BEN INT 46438F101 16,255,410 327,400 SH SOLE 327,400 0 0
SPDR SERIES TRUST STATE STREET SPD 78464A870 12,193,000 100,000 SH SOLE 100,000 0 0
ISHARES INC MSCI JAPAN ETF 46434G822 9,688,800 120,000 SH SOLE 120,000 0 0
SELECT SECTOR SPDR TR STATE STREET UTI 81369Y886 9,477,180 222,000 SH SOLE 222,000 0 0
WHITEHORSE FIN INC COM 96524V106 4,627,817 665,873 SH SOLE 665,873 0 0
BLACKROCK FLOATING RATE INCO COM 09255X100 2,093,306 177,700 SH SOLE 177,700 0 0
BLACKSTONE STRATEGIC CRED 20 COM SHS BEN IN 09257R101 1,752,864 148,800 SH SOLE 148,800 0 0