Key Contributions of Stephen Murray towards the Growth of CCMP Capital

Stephen P. Murray, a private equity investor, was born on August 2, 1962, and passed away at the age of 52 years on March 12, 2015. He grew up in Westchester County in New York. Murray was the former president and the CEO of a private equity firm CCMP Capital Advisors where he had been working since 1989. He pursued a degree in economics from Boston College and graduated in 1984, and four years later, he cleared his master’s degree from Columbia Business School.

Murray was a father of four sons, a husband to Tami A. Murray and they all resided in Stamford, Connecticut. The same year he graduated, Murray joined Manufacturers Hanover Corporation where he participated in a training program as a credit analyst and later rose to the vice president of the middle market lending position.

In 1989, he joined the CCMP predecessor firms at the time known as MH Equity Corporation, which later combined with Manufacturers Hanover Corporation. In 1991, Chemical Bank purchased Manufacturers Hannover, which then joined Chase Manhattan Corporation in 1996 forming Chase Capital Partners. J.P. Morgan acquired The Chase Capital Partners and changed its name to JPMorgan Partners. LLearn more about Stephen Murray CCMP Capital: http://xrepublic.net/2014/09/11/stephen-murray-the-great-investor-and-deal-maker-for-ccmp-capital/

CCMP spun out of JPMorgan Chase &Co in 2006 to avoid conflicts that might emerge with their bank clients, and it became a private entity. In 2007, he became the company’s CEO succeeding Jeff Walker who was the group founder and since then he worked towards building the private equity business. CCMP invests around $100-P0 million of equity in every transaction that they make with concentrations on the healthcare, industrial energy, and consumer industries.

Stephen Murray had served in seven other companies including Pinnacle Foods, Legacy Hospital Partners, Warner Chilcott, AMC Entertainment, Cabela’s, The Vitamin Shoppe, and Generac Power System. He was also a philanthropist and the vice chair of the Boston College Board of Trustee. Murray supported the Make A Wish Foundation, Stamford Museum, and Columbia Business School. Additionally, he succeeded in raising a multi-billion fund with the last one gathering around $3.6 billion.

He had resigned from his job one month before passing away sighting health reasons and relinquished his powers to Mr. Greg Brenneman who deputized him during his time as a CEO. Stephen Murray was known as an investor, dealmaker and a partner in business with the utmost dedication to the private equity. Stephen Murray was kind and had a great personality; his legacy still at CCMP and all other companies where he worked.

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Stephen P. Murray – President @ CCMP Capital Advisors