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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
OMB APPROVAL
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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
Ally Financial Inc Common 02005N100 88,040 3,629,000 SH   SOLE SOLE 3,629,000 0 0
Altaba Inc Common 021346101 112,840 1,703,500 SH   SOLE SOLE 1,703,500 0 0
Cheniere Energy Inc Common 16411R208 71,524 1,588,000 SH   SOLE SOLE 1,588,000 0 0
Cresud SACIF y A Common 226406106 9,437 505,470 SH   SOLE SOLE 505,470 0 0
Enbridge Energy Partners LP Common 29250R106 31,871 1,994,457 SH   SOLE SOLE 1,994,457 0 0
Frontier Communications Corp Preferred 35906A207 11,388 591,917 SH   SOLE SOLE 591,917 0 0
IRSA Inversiones y Representaciones SA Common 450047204 29,043 1,182,996 SH   SOLE SOLE 1,182,996 0 0
YPF SA Common 984245100 83,397 3,743,150 SH   SOLE SOLE 3,743,150 0 0
SINA Corp ORD G81477104 11,431 99,700 SH   SOLE SOLE 99,700 0 0