Steve G. Lentz recently rejoined Faegre Baker Daniels’ investment management practice as counsel in Minneapolis.  Lentz counsels investment advisory firms – including institutional advisers and advisers to private investment funds – on legal, regulatory and compliance matters.  For insight from FaegreBD, see “What Are Hybrid Gates, and Should You Consider Them When Launching Your Next Hedge Fund?,” Hedge Fund Law Report, Vol. 4, No. 6 (Feb. 18, 2011); “Investors Demand More Specificity in Hedge Fund Governing Documents Regarding Circumstances in which Liquidity Management Tools May Be Used,” Hedge Fund Law Report, Vol. 2, No. 30 (Jul. 29, 2009); and “How Can Hedge Fund Managers Prevent or Mitigate Revocations of Redemption Requests?,” Hedge Fund Law Report, Vol. 2, No. 21 (May 27, 2009).