Tiger Descendant Valinor Ups Its dELiA’s Stake

The firm, founded by David Gallo, now owns close to 20 percent of the company and has nominated one of its partners to the company’s board.

A generally very secretive Tiger Management Corp. scion who has obsessively tried to remain as opaque as possible has seemingly gone activist.

David Gallo, founder of New York–based Valinor Management, on Thursday disclosed in a regulatory filing that his firm has boosted its stake in dELiA’s, the embattled retailer marketed to teen girls, to 18.7

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