Total global hedge fund capital rose to USD2.90 trillion in Q4, as financial market volatility, driven by concerns about slowing Chinese growth and energy market weakness, accelerated into year-end, according to the latest HFR Global Hedge Fund Industry Report. Hedge fund capital increased by over USD22.8 billion on the previous quarter with the performance asset gain offsetting a small investor net capital outflow of USD1.52 billion in Q415, the first quarterly net outflow since Q411.