(FORTUNE Magazine) – George Bush may be off to Vietnam on a speaking junket for Citibank, but he's not the only former Vice President to land a job in the financial-services sector. Dan Quayle, along with a couple of marquee-name Republican buddies, has joined the advisory board of a mutual fund being sold to overseas investors. Minimum investment: $1 million U.S.

Quayle's not picking stocks. His role is to glad-hand shareholders at an annual consulting session. For that he gets a retainer based on the fund's total return after it reaches 5%. With unlimited upside, that should pay him tens of thousands of dollars yearly just for showing up. Tres vice presidential.

Joining Quayle on the advisory board of the Capital Investment Group are former White House chief of staff John Sununu, former Securities and Exchange Commission chairman Richard Breeden, former CIA boss Robert Gates, and economist and father of Rea ganomics Arthur Laffer--he of the Laffer curve. Would it be impolitic to call this board of former heavyweight Republicans an elephant's graveyard?

The fund, being assembled by Deutsche Bank and Lynx Investment Advisory, a Washington, D.C., money management consultant, will invest in small- and mid-cap stocks. Capital Investment Group hooked the big fish through Sununu, who's on Lynx's board. Sununu didn't care to chat about the fund. Says he: "I'll make a minor mistake that you'll blow out of proportion." Would we do that?

Interestingly, Capital will be registered in Ireland, mostly because of the country's favorable tax structure for such funds. Plus, Ireland sounds more respectable than, say, the Turks and Caicos. The fund is described as "an umbrella-type open-ended investment company with variable capital." Lynx President Peter Tanous says the fund--which may be bought by U.S. investors but not advertised to them--should be available this fall. And the first meeting with Quayle & Co.? "We hope next spring in Washington," he says.

- Andrew E. Serwer