I had this exact same set up planned, but sad to report it does not work with R9 290. Like you mentioned, it worked for the first time the vm host is boot up, and the first start up of the gue...
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I had this exact same set up planned, but sad to report it does not work with R9 290. Like you mentioned, it worked for the first time the vm host is boot up, and the first start up of the guest. However, if the guest is restarted, the graphics card just seemed to be locked up. On the next boot the display would be back to the VMware SVGA adapter, and the AMD card shows up with an error in device manager ("Windows has stopped this device because it has reported problems"). The only way to get the card to work again is to reboot the esx 5.5 host. I have another AMD 5770 which worked flawlessly as expected (which made me shell out the cash for the 290...). Hopefully it is just software problem which could be fixed.