The Rise of a Great Investor, Stephen Murray

Stephen Murray was a businessman, private investor and philanthropist. He was also the Chief Executive Officer and the president of CCMP Capital, a private equity investment whose operations encompasses growth and buyout equity transactions.

Education

Stephen Murray had earned his Bachelor’s Degree in Economics from the Boston College graduating in the year 1984. He advanced with a Master’s Degree in Business Administration from the Columbia Business School. Stephen Murray was brought up in a New York City district in Westchester County, NY.

Career

His career began earlier in the 80s when Murray became part of the credit training program at Manufacturers Hanover Corporation. 5 Years after joining the training, Murray joined MH Equity Corporation, a company that had consolidated Manufacturers Hanover private equity group with its leveraged finance unit. Manufacturers Hanover was acquired by Chemical bank which later amalgamated with Chemical Ventures Partners.

Chemical bank then amalgamated with Chase Corporation in the year 1996, rebranding into Chase Capital Partners. Murray was appointed the CEO of buyout business at JP Morgan Partners. It was finally in 2006 when Murray co-established CCMP Capital, being a spinout of JP Morgan Chase and in 2007, he was named the CEO of the company.

Stephen Murray served as an executive in a series of other companies including The Vitamin Shoppe, Aramark, Cabela’s, Legacy Hospital partners, AMC Entertainment and Pinnacle Foods.

Philanthropy

Stephen Murray has donated hundreds of millions to another of organizations including Boston College, Columbia Business School, Make-A-Wish Foundation of Metro New York, Stamford Museum, The Food Bank of Lower Fairfield County and a number of educational initiatives. He has served as the chairman of the board of trustees at Boston College as well as a chairman of the Make-A-Wish Foundation. Learn more about Stephen Murray CCMP Capital:  http://www.wsj.com/articles/ccmp-capital-advisors-gets-backing-to-resume-investing-from-fund-1430946145 and http://observer.com/2015/02/this-old-thing-private-equity-honcho-drops-little-place-uptown-for-11m/

Stephen Murray passed away at an age of 52. He resigned and left CCMP last month due to what was reported as a health concern. After being with the company since 1989, Murray spearheaded the company to becoming a global leader in an industry flooded with private equity firms with a capability of investing between $100 million to $500 million of equity per transaction.

The company is now focusing on companies in the industrial, consumer, energy and health care sector. It has invested in Quiznos Corporation, Cabela’s Inc., and Warner Chilcott Plc.

According to the current CCMP CEO, everyone in the company was saddened to know their former long serving president had passed away.

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Ex-CCMP Capital CEO Steve Murray passes away
Stephen P. Murray, 52; Financial Executive; Stamford Resident; Vice Chair Boston College Board of Trustees