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
ALLEGION PUB LTD CO ORD SHS G0176J109 214 2,637 SH   DFND 1 0 2,637 0
ANTHEM INC NOTE 2.750%10/1 94973VBG1 3,863 1,500,000 PRN   DFND 1 0 1,500,000 0
BRISTOL MYERS SQUIBB CO DBCV 9/1 110122AN8 1,429 1,000,000 PRN   DFND 1 0 1,000,000 0
CMS ENERGY CORP COM 125896100 405 8,756 SH   DFND 1 0 8,756 0
DANAHER CORP DEL NOTE 1/2 235851AF9 3,224 1,000,000 PRN   DFND 1 0 1,000,000 0
FORD MTR CO DEL COM PAR $0.01 345370860 725 64,787 SH   DFND 1 0 64,787 0
HOST HOTELS & RESORTS INC COM 44107P104 1,467 80,305 SH   DFND 1 0 80,305 0
INGERSOLL-RAND PLC SHS G47791101 471 5,151 SH   DFND 1 0 5,151 0
ISHARES TR CORE S&P500 ETF 464287200 96,107 394,837 SH   DFND 1 0 394,837 0
ISHARES TR CORE US AGGBD ET 464287226 120,839 1,103,454 SH   DFND 1 0 1,103,454 0
ISHARES TR IBOXX INV CP ETF 464287242 63,756 529,049 SH   DFND 1 0 529,049 0
ISHARES TR U.S. PFD STK ETF 464288687 35,958 918,000 SH   DFND 1 0 918,000 0
TCP CAP CORP COM 87238Q103 34,001 2,011,900 SH   DFND 1 0 2,011,900 0
TPG SPECIALTY LENDING INC COM 87265K102 4,499 220,000 SH   DFND 1 0 220,000 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 19,596 223,874 SH   DFND 1 0 223,874 0
WELLTOWER INC COM 95040Q104 580 7,747 SH   DFND 1 0 7,747 0