GCM Grosvenor appoints Steven Novick as MD, business development

GCM Grosvenor (GCMG) announced that Steven Novick has joined the firm as a Managing Director on its Business Development team. Based in the firm’s London office, Mr. Novick will focus on client engagement efforts, supporting the firm’s continued growth and expanding relationships with institutional and individual investors across Europe, where it manages $10.4B of AUM across more than 40 clients. In his new role, he will support clients with access to differentiated alternative investment strategies and contribute to the firm’s ongoing growth initiatives by leveraging his global relationships while focusing on opportunities in Europe, including the Nordic region. Prior to joining GCM Grosvenor, Mr. Novick served as Senior Advisor to Valeas Capital.