Stephen Murray was a man who was noted for his work as an investor in the private equity field. He was best known for his involvement with CCMP Capital. This is a private equity firm where he held the position of chief executive officer and president. Read more: Stephen P. Murray, 52; Financial Executive; Stamford Resident; Vice Chair Boston College Board of Trustees
The firm primarily handled deals that involved growth equity and buyout transactions. Murray was a great student as a young child. He worked hard and it paid off when he was finally accepted into Boston College. He focused on his studies and eventually earned a bachelor’s degree in the field of economics in 1984.
He eventually moved onto the Columbia School of Business and earned a business administration master’s degree in 1989.
Stephen Murray entered into a Manufacturers Hanover Corporation training program for people who were interested in becoming credit analysts. This took place in 1984. Learn more about Stephen Murray CCMP Capital: http://nypost.com/2015/03/13/ccmps-murray-dead-at-52/
He would eventually accept a position working for the MH Equity Corporation in 1989. The was a combination of the leveraged finance unit and the private equity group of the MH Equity Corporation. In 1991, Chemical Bank bought Manufacturers Hanover. This resulted in a merger between Chemical Venture Partners and MH Equity.
There was another merger that took place in 1996 between Chase Manhattan Corporation and Chemical Bank. At that point, Chase Capital Partners became the new name for Chemical Venture Partners. Stephen began working at JP Morgan Partners in 2005 as the person in charge of their buyout division. 2006 was the year that Stephen became one of the co-founders of CCMP Capital. Learn more about Stephen Murray CCMP Capital: http://observer.com/2015/02/this-old-thing-private-equity-honcho-drops-little-place-uptown-for-11m
This company was under the JP Morgan Chase umbrella. It featured the growth equity and buyout groups of its parent company. Stephen eventually ascended to the position of CEO of this company one year later.
Many companies sought out Stephen to serve as a member of their boards. He was known to be a board member of Legacy Hospital Partners, Cabela’s, Warner Chilcott, Generac Power Systems, Pinnacle Foods, The Vitamin Shoppe, AMC Entertainment and Aramark. Read more: The Exponential Growth of CCMP Capital Under Stephen Murray’s Leadership
Stephen’s success enabled him to give back to many people who were less fortunate. He became one of the most respected philanthropists in the United States. He is known to have given a significant amount of money to New York City’s Make-A-Wish Foundation.
Stephen Murray also gave back to the Columbia School of Business and Boston College. The Stamford Museum and various food banks around New York City were also known to be major beneficiaries of Stephen’s enormous generosity.