---

CHICAGO, (July 20, 2105) – Total global hedge fund industry capital rose to the 11th consecutive quarterly record level in 2Q15, according to the latest HFR Global Hedge Fund Industry Report, released today by HFR? the established global leader in indexation, analysis and research of the global hedge fund industry. Investors allocated $21.5 billion in net new capital to hedge funds in 2Q15, the largest quarterly inflow since 2Q14, with allocations concentrated in Equity Hedge and Relative Value Arbitrage strategies, as well as in the industry? largest hedge fund firms. The second quarter inflow increased 1H15 inflows to $39.7 billion and total industry capital to $2.97 trillion globally, as the hedge fund industry approaches the $3 trillion milestone. The HFRI Fund Weighted Composite Index?gained +2.53 percent in 1H15, the strongest half-year of outperformance over U.S. equities since 1H10.