finding brahman: in search of the best fund managers

RMB International's Global Spread Capture Fund (GSCF) is one of the more innovatively named hedge funds in the industry, and it has captured for its investors a return of 67.2% between its 1999 launch and October 2003, on standard deviation of 3.15%. About half the 25 funds in the $150m portfolio are closed to new investors, and the team on Global Spread Capture uses a quantitative, followed by a qualitative, assessment of hedge funds both in its portfolio and of those yet to join it. Asset