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Third Avenue Management LLC – ‘13F-HR’ for 9/30/15 – ‘INFO-TABLE’

On:  Thursday, 11/12/15, at 2:58pm ET   ·   Effective:  11/12/15   ·   For:  9/30/15   ·   Accession #:  1099281-15-19   ·   File #:  28-11289

Previous ‘13F-HR’:  ‘13F-HR’ on 8/14/15 for 6/30/15   ·   Next:  ‘13F-HR’ on 2/12/16 for 12/31/15   ·   Latest:  ‘13F-HR’ on 5/13/24 for 3/31/24

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  As Of               Filer                 Filing    For·On·As Docs:Size

11/12/15  Third Avenue Management LLC       13F-HR      9/30/15    2:77K

Quarterly Holdings and Combination Report by a Money Manager   —   Form 13F
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 13F-HR      Quarterly Holdings and Combination Report by a      HTML      3K 
                Money Manager -- primary_doc.xml                                 
 2: INFO-TABLE  Portfolio Securities Holdings Info Table --         HTML      3K 
                form13f20150930.xml

‘INFO-TABLE’   —   Portfolio Securities Holdings Info Table — form13f20150930.xml



        

This ‘INFO-TABLE’ Document is an XML Data File that may be rendered in various formats:

  Information Table    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 
 
XML Data rendering:  Portfolio Securities Holdings Info Table
 
                                                                                                                                                                                
<?xml version="1.0" encoding="windows-1252"?>
<informationTable xmlns="http://www.sec.gov/edgar/document/thirteenf/informationtable">
<infoTable>
<nameOfIssuer> 1-800-Flowers.com Inc. </nameOfIssuer>
<titleOfClass> CL A </titleOfClass>
<cusip> 68243Q106 </cusip>
<value> 5943 </value>
<shrsOrPrnAmt>
<sshPrnamt> 653109 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 653109 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> ABM Industries Inc </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 000957100 </cusip>
<value> 4689 </value>
<shrsOrPrnAmt>
<sshPrnamt> 171701 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 171701 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Acadia Realty Trust </nameOfIssuer>
<titleOfClass> COM SH BEN INT </titleOfClass>
<cusip> 004239109 </cusip>
<value> 601 </value>
<shrsOrPrnAmt>
<sshPrnamt> 19999 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 19999 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Advanced Micro Devices </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 007903107 </cusip>
<value> 430 </value>
<shrsOrPrnAmt>
<sshPrnamt> 250000 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 250000 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> AGCO Corp </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 001084102 </cusip>
<value> 10338 </value>
<shrsOrPrnAmt>
<sshPrnamt> 221700 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> OTR </investmentDiscretion>
<otherManager> 1 </otherManager>
<votingAuthority>
<Sole> 221700 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> AGCO Corp </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 001084102 </cusip>
<value> 75333 </value>
<shrsOrPrnAmt>
<sshPrnamt> 1615543 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 1612763 </Sole>
<Shared> 0 </Shared>
<None> 2780 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Alamo Group, Inc. </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 011311107 </cusip>
<value> 7597 </value>
<shrsOrPrnAmt>
<sshPrnamt> 162499 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 162499 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Alico, Inc. </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 016230104 </cusip>
<value> 5830 </value>
<shrsOrPrnAmt>
<sshPrnamt> 143643 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 143643 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Alleghany Corp. </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 017175100 </cusip>
<value> 49057 </value>
<shrsOrPrnAmt>
<sshPrnamt> 104799 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 104721 </Sole>
<Shared> 0 </Shared>
<None> 78 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Allscripts Healthcare Solutions, Inc. </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 01988P108 </cusip>
<value> 3692 </value>
<shrsOrPrnAmt>
<sshPrnamt> 297717 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 297717 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Ani Pharmaceuticals Inc. </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 00182C103 </cusip>
<value> 2359 </value>
<shrsOrPrnAmt>
<sshPrnamt> 59716 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 59716 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Anixter International Inc. </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 035290105 </cusip>
<value> 8291 </value>
<shrsOrPrnAmt>
<sshPrnamt> 143500 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> OTR </investmentDiscretion>
<otherManager> 1 </otherManager>
<votingAuthority>
<Sole> 143500 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Anixter International Inc. </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 035290105 </cusip>
<value> 41101 </value>
<shrsOrPrnAmt>
<sshPrnamt> 711333 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 710097 </Sole>
<Shared> 0 </Shared>
<None> 1236 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Apache Corp </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 037411105 </cusip>
<value> 6706 </value>
<shrsOrPrnAmt>
<sshPrnamt> 171255 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> OTR </investmentDiscretion>
<otherManager> 1 </otherManager>
<votingAuthority>
<Sole> 171255 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Apache Corp </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 037411105 </cusip>
<value> 46986 </value>
<shrsOrPrnAmt>
<sshPrnamt> 1199854 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 1196680 </Sole>
<Shared> 0 </Shared>
<None> 3174 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Arcos Dorados Holdings, Inc. </nameOfIssuer>
<titleOfClass> SHS CL A </titleOfClass>
<cusip> G0457F107 </cusip>
<value> 4743 </value>
<shrsOrPrnAmt>
<sshPrnamt> 1743763 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 1743763 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Ares Dynamic Credit Allocation Fund, Inc. </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 04014F102 </cusip>
<value> 3548 </value>
<shrsOrPrnAmt>
<sshPrnamt> 253978 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 253978 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Bank of New York Mellon Corp. </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 064058100 </cusip>
<value> 13964 </value>
<shrsOrPrnAmt>
<sshPrnamt> 356690 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> OTR </investmentDiscretion>
<otherManager> 1 </otherManager>
<votingAuthority>
<Sole> 356690 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Bank of New York Mellon Corp. </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 064058100 </cusip>
<value> 109618 </value>
<shrsOrPrnAmt>
<sshPrnamt> 2799948 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 2793538 </Sole>
<Shared> 0 </Shared>
<None> 6410 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Barnes Group Inc. </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 067806109 </cusip>
<value> 9058 </value>
<shrsOrPrnAmt>
<sshPrnamt> 251271 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 251271 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> BlackRock Corporate High Yield Fund VI </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 09255P107 </cusip>
<value> 12875 </value>
<shrsOrPrnAmt>
<sshPrnamt> 1304420 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 1304420 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> BlackRock Credit Allocation Income Trust </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 092508100 </cusip>
<value> 4990 </value>
<shrsOrPrnAmt>
<sshPrnamt> 409999 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 409999 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Broadridge Financial Solutions Inc. </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 11133T103 </cusip>
<value> 6161 </value>
<shrsOrPrnAmt>
<sshPrnamt> 111313 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 111313 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Brookdale Senior Living Inc. </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 112463104 </cusip>
<value> 4886 </value>
<shrsOrPrnAmt>
<sshPrnamt> 212799 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> OTR </investmentDiscretion>
<otherManager> 1 </otherManager>
<votingAuthority>
<Sole> 212799 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Brookdale Senior Living Inc. </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 112463104 </cusip>
<value> 129837 </value>
<shrsOrPrnAmt>
<sshPrnamt> 5654933 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 5651135 </Sole>
<Shared> 0 </Shared>
<None> 3798 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Brookfield Asset Mgmt. CL A </nameOfIssuer>
<titleOfClass> CL A LTD VT SH </titleOfClass>
<cusip> 112585104 </cusip>
<value> 107 </value>
<shrsOrPrnAmt>
<sshPrnamt> 3400 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> DFND </investmentDiscretion>
<otherManager> 1 </otherManager>
<votingAuthority>
<Sole> 0 </Sole>
<Shared> 3400 </Shared>
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</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Brookfield Asset Mgmt. CL A </nameOfIssuer>
<titleOfClass> CL A LTD VT SH </titleOfClass>
<cusip> 112585104 </cusip>
<value> 942 </value>
<shrsOrPrnAmt>
<sshPrnamt> 29973 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> OTR </investmentDiscretion>
<otherManager> 1 </otherManager>
<votingAuthority>
<Sole> 29973 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Brookfield Asset Mgmt. CL A </nameOfIssuer>
<titleOfClass> CL A LTD VT SH </titleOfClass>
<cusip> 112585104 </cusip>
<value> 143206 </value>
<shrsOrPrnAmt>
<sshPrnamt> 4554908 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 4551653 </Sole>
<Shared> 0 </Shared>
<None> 3256 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Capital Southwest </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 140501107 </cusip>
<value> 7126 </value>
<shrsOrPrnAmt>
<sshPrnamt> 150348 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 150348 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Catchmark Timber Trust Inc. </nameOfIssuer>
<titleOfClass> REIT </titleOfClass>
<cusip> 14912Y202 </cusip>
<value> 1633 </value>
<shrsOrPrnAmt>
<sshPrnamt> 158900 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 158900 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Cavco Industries, Inc. (COM & Restricted) </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 149568107 </cusip>
<value> 94494 </value>
<shrsOrPrnAmt>
<sshPrnamt> 1387781 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 1387781 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> CBS Corporation </nameOfIssuer>
<titleOfClass> CL B </titleOfClass>
<cusip> 124857202 </cusip>
<value> 8203 </value>
<shrsOrPrnAmt>
<sshPrnamt> 205600 </sshPrnamt>
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</shrsOrPrnAmt>
<investmentDiscretion> OTR </investmentDiscretion>
<otherManager> 1 </otherManager>
<votingAuthority>
<Sole> 205600 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> CBS Corporation </nameOfIssuer>
<titleOfClass> CL B </titleOfClass>
<cusip> 124857202 </cusip>
<value> 54005 </value>
<shrsOrPrnAmt>
<sshPrnamt> 1353506 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 1350636 </Sole>
<Shared> 0 </Shared>
<None> 2870 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> CEDAR REALTY TRUST INC </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 150602209 </cusip>
<value> 497 </value>
<shrsOrPrnAmt>
<sshPrnamt> 80000 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 80000 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Century Communities Inc. </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 156504300 </cusip>
<value> 2630 </value>
<shrsOrPrnAmt>
<sshPrnamt> 132474 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 132474 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Circor International Inc. </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 17273K109 </cusip>
<value> 4667 </value>
<shrsOrPrnAmt>
<sshPrnamt> 116329 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 116329 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> City National Corp. </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> 178566105 </cusip>
<value> 5402 </value>
<shrsOrPrnAmt>
<sshPrnamt> 61349 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 61349 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> CNH Industrial NV </nameOfIssuer>
<titleOfClass> COM </titleOfClass>
<cusip> N20944109 </cusip>
<value> 4023 </value>
<shrsOrPrnAmt>
<sshPrnamt> 617057 </sshPrnamt>
<sshPrnamtType> SH </sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion> SOLE </investmentDiscretion>
<otherManager> 0 </otherManager>
<votingAuthority>
<Sole> 617057 </Sole>
<Shared> 0 </Shared>
<None> 0 </None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer> Comerica Inc 2018 Warrants </nameOfIssuer>
<titleOfClass> W EXP 11/14/2018 </titleOfClass>
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