Siguler Guff Advisers 13F-HR Quarterly holdings report by institutional manager

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
AMBAC FINL GROUP INC	W EXP 04/30/2022	023139116	8,140	8,000,000	SH		DFND		8,000,000	0	0
SEQUENTIAL BRANDS GROUP INC	COM	81734P206	878	61,194	SH		SOLE		61,194	0	0
PATRIOT NATL BANCORP INC	COM	70336F203	4,638	466,667	SH		SOLE		466,667	0	0
DIAMOND S SHIPPING INC	COM	Y20676105	10,148	1,523,733	SH		SOLE		1,523,733	0	0
ROYALTY PHARMA PLC	SHS CLASS A	G7709Q104	338,436	6,761,970	SH		SOLE		6,761,970	0	0
SERVICE PPTYS TR	COM SH BEN INT	81761L102	7,377	642,117	SH		SOLE		642,117	0	0