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

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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 34,640,694 3,132,070 SH SOLE 3,132,070 0 0
GOLUB CAP BDC INC COM 38173M102 32,180,783 2,541,926 SH SOLE 2,541,926 0 0
ISHARES BITCOIN TRUST ETF SHS BEN INT 46438F101 12,578,708 327,400 SH SOLE 327,400 0 0
SPDR SERIES TRUST STATE STREET SPD 78464A870 12,773,000 100,000 SH SOLE 100,000 0 0
ISHARES INC MSCI JAPAN ETF 46434G822 10,132,800 120,000 SH SOLE 120,000 0 0
SELECT SECTOR SPDR TR STATE STREET UTI 81369Y886 10,187,580 222,000 SH SOLE 222,000 0 0
WHITEHORSE FIN INC COM 96524V106 5,099,377 689,105 SH SOLE 689,105 0 0
BLUE OWL CAPITAL INC COM CL A 09581B103 10,672,933 1,168,996 SH SOLE 1,168,996 0 0
BLACKSTONE INC COM 09260D107 10,469,495 91,047 SH SOLE 91,047 0 0
KKR & CO INC COM 48251W104 8,888,788 96,095 SH SOLE 96,095 0 0
APOLLO GLOBAL MGMT INC COM 03769M106 8,356,500 75,000 SH SOLE 75,000 0 0
CARLYLE GROUP INC COM 14316J108 2,032,380 42,000 SH SOLE 42,000 0 0
FS KKR CAP CORP COM 302635206 258,979 25,440 SH SOLE 25,440 0 0