FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  BPC OPPORTUNITIES FUND III LP
2. Date of Event Requiring Statement (Month/Day/Year)
03/25/2022
3. Issuer Name and Ticker or Trading Symbol
Tailwind Two Acquisition Corp. [LLAP]
(Last)
(First)
(Middle)
C/O BEACH POINT CAPITAL MANAGEMENT LP, 1620 26TH STREET, STE. 6000N
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SANTA MONICA, CA 90404
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common stock 1,390,784 (1) (2) (3)
D
 
Common stock 1,121,724 (1) (2) (4)
D
 
Common stock 2,273,763 (1) (2) (5)
D
 
Common stock 11,622,718 (1) (2) (6)
D
 
Common stock 3,296,956 (1) (2) (7)
D
 
Common stock 1,515,842 (1) (2) (8)
D
 
Common stock 1,515,842 (1) (2) (9)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants to purchase common stock 03/25/2022 03/25/2027 Common stock 84,529 (1) (2) (3) $ 10 D  
Warrants to purchase common stock 03/25/2022 03/25/2027 Common stock 68,176 (1) (2) (4) $ 10 D  
Warrants to purchase common stock 03/25/2022 03/25/2027 Common stock 138,195 (1) (2) (5) $ 10 D  
Warrants to purchase common stock 03/25/2022 03/25/2027 Common stock 706,407 (1) (2) (6) $ 10 D  
Warrants to purchase common stock 03/25/2022 03/25/2027 Common stock 200,383 (1) (2) (7) $ 10 D  
Warrants to purchase common stock 03/25/2022 03/25/2027 Common stock 92,130 (1) (2) (8) $ 10 D  
Warrants to purchase common stock 03/25/2022 03/25/2027 Common stock 92,130 (1) (2) (9) $ 10 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BPC OPPORTUNITIES FUND III LP
C/O BEACH POINT CAPITAL MANAGEMENT LP
1620 26TH STREET, STE. 6000N
SANTA MONICA, CA 90404
    X    
Beach Point Capital Management LP
1620 26TH STREET
SUITE 6000N
SANTA MONICA, CA 90404
    X    
Beach Point GP LLC
11755 WILSHIRE BOULEVARD
SUITE 1400
LOS ANGELES, CA 90025
    X    
Beach Point SCF XI LP
C/O BEACH POINT CAPITAL MANAGEMENT LP
1620 26TH STREET, SUITE 6000N
SANTA MONICA, CA 90404
    X    
Beach Point SCF IV LLC
C/O BEACH POINT CAPITAL MANAGEMENT
1620 26TH STREET, SUITE 6000N
SANTA MONICA, CA 90404
    X    
Beach Point SCF Multi-Port LP
C/O BEACH POINT CAPITAL MANAGEMENT
1620 26TH STREET, SUITE 6000N
SANTA MONICA, CA 90404
    X    
Beach Point Select Fund LP
1620 26TH STREET
SUITE 6000N
SANTA MONICA, CA 90404
    X    
Beach Point Securitized Credit Fund LP
C/O BEACH POINT CAPITAL MANAGEMENT LP
1620 26TH STREET, SUITE 6000N
SANTA MONICA, CA 90404
    X    
Beach Point TX SCF LP
C/O BEACH POINT CAPITAL MANAGEMENT LP
1620 26TH STREET, SUITE 6000N
SANTA MONICA, CA 90404
    X    

Signatures

Beach Point Capital Management LP /s/ Lawrence M. Goldman By: Lawrence M. Goldman Chief Administrative Officer and General Counsel 03/30/2022
**Signature of Reporting Person Date

Beach Point GP LLC /s/ Lawrence M. Goldman By: Lawrence M. Goldman Authorized Signatory 03/30/2022
**Signature of Reporting Person Date

Beach Point SCF XI LP By: Beach Point Capital Management LP, its Investment Manager /s/ Lawrence M. Goldman By: Lawrence M. Goldman Chief Administrative Officer and General Counsel 03/30/2022
**Signature of Reporting Person Date

Beach Point SCF IV LLC By: Beach Point Capital Management LP, its Investment Manager /s/ Lawrence M. Goldman By: Lawrence M. Goldman Chief Administrative Officer and General Counsel 03/30/2022
**Signature of Reporting Person Date

Beach Point SCF Multi-Port LP By: Beach Point Capital Management LP, its Investment Manager /s/ Lawrence M. Goldman By: Lawrence M. Goldman Chief Administrative Officer and General Counsel 03/30/2022
**Signature of Reporting Person Date

BPC Opportunities Fund III LP By: Beach Point Capital Management LP, its Investment Manager /s/ Lawrence M. Goldman By: Lawrence M. Goldman Chief Administrative Officer and General Counsel 03/30/2022
**Signature of Reporting Person Date

Beach Point Select Fund LP By: Beach Point Capital Management LP, its Investment Manager /s/ Lawrence M. Goldman By: Lawrence M. Goldman Chief Administrative Officer and General Counsel 03/30/2022
**Signature of Reporting Person Date

Beach Point Securitized Credit Fund LP By: Beach Point Capital Management LP, its Investment Manager /s/ Lawrence M. Goldman By: Lawrence M. Goldman Chief Administrative Officer and General Counsel 03/30/2022
**Signature of Reporting Person Date

Beach Point TX SCF LP By: Beach Point Capital Management LP, its Investment Manager /s/ Lawrence M. Goldman By: Lawrence M. Goldman Chief Administrative Officer and General Counsel 03/30/2022
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The reported securities are owned by Beach Point SCF XI LP ("SCF XI"), Beach Point SCF IV LLC ("SCF IV"), Beach Point SCF Multi-Port LP ("SCF Multi"), BPC Opportunities Fund III LP ("Opportunities"), Beach Point Select Fund LP ("Select"), Beach Point Securitized Credit Fund LP ("Securitized") and Beach Point TX SCF LP ("TX" and collectively with SCF XI, SCF IV, Multi, Opportunities, Select and Securitized, the "Funds"). The Funds may be deemed a "group" for purposes of Section 13(d) of the Exchange Act.
(2) Beach Point Capital Management LP is the investment manager of each of the Funds ("Investment Manager") and Beach Point GP LLC ("Beach Point GP") is the general partner of the Investment Manager. In such capacities, Investment Manager and Beach Point GP may be deemed to share voting and dispositive power over the reported securities held by the Funds. Investment Manager and Beach Point GP each disclaims beneficial ownership of the reported securities, and this report shall not be deemed an admission that either is the beneficial owner of the reported securities, except to the extent of pecuniary interest, if any, therein.
(3) The reported securities are owned by SCF XI.
(4) The reported securities are owned by SCF IV.
(5) The reported securities are owned by Multi.
(6) The reported securities are owned by Opportunities.
(7) The reported securities are owned by Select.
(8) The reported securities are owned by Securitized.
(9) The reported securities are owned by TX.

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