Hedge Funds

Pedigree-packed Valinor touts transparency

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Yawn, if you like, at the launch of yet another value-oriented long/short equity fund. But even the most jaded investor will notice in Valinor Management something apart from the pack. One would assume as much from a firm named after the lands inhabited by immortal souls in the legendarium of J.R.R Tolkien, a place whose inhabitants are sometimes mistakenly thought to be “gods.” But while Valinor aims for exclusivity, its preoccupation is with an unusual amount of candor regarding its operations, from its close relationship with Bridger Capital, founder David Gallo’s former employer, to its compensation methodology, which