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Hedge Fund Tops $1B in Tough Fundraising Climate
10 Jan
Summary
- Unifi Asset Management exceeded $1.1 billion in assets.
- The fund launched in February 2025 with $400 million.
- Unifi employs a relative-value credit strategy.

Unifi Asset Management, a hedge fund established by former One William Street partner Omer Gundogdu, has rapidly grown to manage over $1.1 billion in assets. Launched in February 2025 with an initial $400 million from clients including the Canadian Pension Plan Investment Board, the firm has more than doubled its assets in a notably difficult fundraising period for new ventures. This success places Unifi among a select group of startup hedge funds to achieve billion-dollar status within their first year of trading.
The firm's investment approach centers on a relative-value credit strategy, which involves trading based on the perceived discrepancies between credit derivatives. This strategy has proven effective, contributing to an approximate 10% return since trading commenced. Beyond the Canadian Pension Plan Investment Board, Unifi also counts New Holland Capital among its significant investors, underscoring the confidence of established financial entities in the new fund's potential.




