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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
AEROJET ROCKETDYNE HLDGS INC COM 007800105 142,112 4,180,997 SH   OTR 1, 2, 3 0 4,180,997 0
AVIAT NETWORKS INC COM NEW 05366Y201 10,824 670,240 SH   OTR 1, 2, 3 0 670,240 0
BABCOCK & WILCOX ENTERPRIS I COM 05614L100 30,874 29,975,041 SH   OTR 1, 2, 3 0 29,975,041 0
ESTERLINE TECHNOLOGIES CORP COM 297425100 910 10,000 SH   OTR 1, 2, 3 0 10,000 0
HAIN CELESTIAL GROUP INC COM 405217100 678 25,000 SH   OTR 1, 2, 3 0 25,000 0
STEEL CONNECT INC COM 858098106 38,729 18,182,705 SH   OTR 1, 2, 3 0 18,182,705 0
MODUSLINK GLOBAL SOLUTIONS I NOTE 5.250% 3/0 60786LAB3 14,703 14,940,000 PRN   OTR 1, 2, 3 0 14,940,000 0
STEEL PARTNERS HLDGS L P LTD PRTRSHIP U 85814R107 16,430 983,819 SH   OTR 1, 2, 3 0 983,819 0