Could the capacitor be connected on the neutral in series with ONE of the lamps ? If yes then it might be a phase shifting capacitor to reduce overall flicker from the fixture
Yes, but then it's value should be different:
C=Ilamp/(Vmains*sqrt(1-PF^2)*4*Pi*Freq) = 5.4uF
Here the value is quite sensitive (check the current, calculation above neglect saturation of the ballast core, but would be good starting point) and should be rated for at least 2x the mains voltage, so for 120V it should be >280VAC.