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CHICAGO, (April 20, 2015) – Global hedge fund assets surged to a new record to begin 2015, as 1Q15 performance gains through the volatile macroeconomic environment attracted the largest capital inflow since 2Q14. Total hedge fund assets increased to $2.94 trillion, an increase of $95 billion, led by Equity Hedge and Event Driven strategies, as reported in the latest HFR Global Hedge Fund Industry Report, released today by HFR?today, the established global leader in the indexation, analysis and research of the global hedge fund industry. Investors allocated $18.2 billion in net new capital to hedge funds in 1Q15, the largest inflow since 2Q14. The HFRI Fund Weighted Composite Index?gained +2.3 percent in 1Q15, the best quarterly gain in 5 quarters and largest outperformance of US equities since 3Q11.