Category Archives: CCMP Capital

The Life and Accomplishments of Veteran Investor Stephen Murray

Stephen Murray was a globally renowned private equity investor and leading philanthropist. Mr. Murray passed on March 12, 2015, at the age of 52. He was the head of CCMP Capital and served in the capacity of president and CEO. CCMP is a top private equity company that handles complex growth transactions and buyout. He became a qualified credit analyst after completing the training program offered by the Manufacturers Hanover Corporation.

Journey to the top

In 1989, Stephen Murray started working for MH Equity Corporation, a firm that merged its finance unit with the private equity group of Manufacturers Hanover. Murray held several influential positions at companies such as Chemical Bank, Chemical Venture Partners, and JP Morgan Chase – these companies were formed after a series of mergers and acquisitions. In 2006, Murray masterminded the spinout of the buyout and growth equity group from JP Morgan Chase. Murray and his business associates named the group CCMP Capital. In 2007, the governing council of CCMP appointed Murray as the president.

CCMP Capital’s first independent fund

Under Murray’s leadership, CCMP Capital completed its first fundraising campaign in 2007 without the help of JPMorgan branding or the highly diversified investment tactic, which consisted of Latin America, Venture Capital, and Mezzanine. According to Murray, the fundraising was a huge success and surpassed the firm’s expectations. Eighty percent of the independent fund originated from outside investors. Therefore, CCMP’s team had to develop a big number of new connections.

Read more: This Old Thing? Private Equity Honcho Drops Little Place Uptown for $11M

Portfolio and board membership

Stephen Murray had carved an incredible portfolio consisting of private equity investment, buyout, merger and acquisition services, restructuring expertise, and financial advisory services. He elicited admiration from business partners and even competitors due to his deal making and negotiation abilities. Murray established strong connections and recruited new investors for CCMP Capital. He was a board member of several leading firms across distinct industries, ranging from economy, insurance, hospitality, to health. The companies range from LHP Hospital Group, Strongwood Insurance Holdings, Octagon Credit Investors, AMC Entertainment, Infogroup Inc., to Crestcom International.

Education

Murray had impressive academic accomplishments. He studied his degree in economics at the well-known Boston College and graduated in 1984. Five years later, Murray received his advanced degree in business administration from the prominent Columbia Business School.

Philanthropy

Stephen Murray was an advocate of giving back to the community and using philanthropic initiatives to make the world a safe place for the current and future generations. Foundations such as the Food Bank of Lower Fairfield County, Metro New York-located Metro New York, and Stamford Museum received generous financial awards from Murray.

Read more about Stephen Murray on NY Post
Read an article about Stephen Murray on Bloomberg

Stephen Murray: A CEO for the Ages

In the world of high finance, there are many Chief Executive Officers who go virtually unnoticed. However, Stephen Murray was not one of them. At the CEO of CCMP Capital, Stephen was a founding partner who took the firm to unprecedented heights. Known as a knowledgeable and talented investor and deal maker, Stephen unfortunately passed away far too soon at the relatively young age of 52. However, during his time in the business world, Stephen made a name and reputation for himself that set him apart from others in the industry.

Using his vast investment knowledge, Stephen took over CCMP and immediately began to focus on investing in companies associated with the consumer, energy, industrial, and health care sectors. Investing up to $500 million of equity per transaction, the firm soon found itself specializing in middle-market leverage buyouts and growth-equity investments, helping it to become a Wall Street winner with its smart buyout strategies and cutting-edge investments.

Beginning his business career as a credit trainee with Manufacturers Hanover Trust Company, Stephen Murray quickly showed he had what it took to succeed in business. Eventually rising to a vice-president position within the company, Stephen continued to use his talents to help Manufacturers Hanover become one of the leading companies in the world.

Read more:
Former CCMP CEO Stephen Murray Dies at 52
5 Questions with Stephen Murray, CEO of CCMP Capital

Raised in a suburb in Westchester County, Stephen went on to earn his Bachelor’s degree from Boston College and a Master’s in Business Administration from Columbia University. Never forgetting what those schools meant to his life and career, Stephen continued to be involved with both schools in many ways. Contributing money to help establish scholarships, he also regularly spoke to students in an effort to encourage their dreams along the way. In addition to his work in education, Stephen also helped a number of charities in the New York area. Having a soft spot in his heart for children who were ill, Murray worked with the local Make-A-Wish Foundation to not only raise money, but also help with coordinating to see that a child’s wish would indeed come true.

In the months leading up to his death, Stephen Murray continued to work with CCMP Capital as much as possible, along with helping his many charitable causes. Leaving behind a legacy that others will find hard to match, Stephen’s wife and kids know his memory will be kept alive through the numerous children and students his endeavors have helped over the years.

The Legacy of Stephen Murray

Stephen Murray CCMP Capital is an expert within the financial world. Stephen Murray is also a ranking businessman, a passionate individual when it comes to economics as well as a philanthropist who has dedicated both time and efforts to helping others who have not been so fortunate as himself. Stephen Murray has always had a passion for economics and has felt lucky in his ability to combine economics. Stephen Murray has had the rare luck and talent of knowing exactly what he has wanted to do even from an early age in life. With the help of Stephen Murray, clients of his company have been able to earn the best returns with the lowest amount of risk involved.

Stephen Murray is the proud former leader of CCMP Capital, an investment firm that specialized specifically in buyout as well as equity transactions. As a leader of the company, Stephen Murray was sought after for personable way of talking and getting to know each employee and client. During his time as the CEO, employees as well as clients were often inspired by him and his personable way of community. Even the lowest employee at the firm felt like they were treated as a partner of the company rather than one of his employees. With this in mind, clients as well as employees at CCMP Capital will remember and continue his legacy.

Read more: CCMP Capital Advisors Gets Backing to Resume Investing From Fund

Stephen Murray has always had a passion for economics. In 1984, Stephen Murray finished his undergraduate degree with economics degree. By the next year, Stephen Murray began building his resume by becoming a part of an analyst training program. This program later enabled him to earn a job. During the changing process of the corporation, Stephen Murray used his leadership skills and his quality services to eventually become the leader of CCMP Capital.

Stephen Murray has always been identified as a dedicated as well as a caring individual who always put others first. As a sought after economist, Stephen Murray used his income as well as his name to give back to communities that were in need. Stephen Murray was especially passionate about giving back to communities in New York City where he encouraged urban development. One of his many consistent donations went to organizations that were dedicated to helping children. Stephen Murray made sure that the future was taken care of for many children that reside in the city of New York.

Learn more about Stephen Murray: http://blogs.wsj.com/privateequity/2015/03/13/former-ccmp-ceo-stephen-murray-dies-at-52/

How Stephen Murray Singlehandedly Made CCMP A Leading Financial Services Provider

Stephen Murray is regarded as one of the most successful and energetic executives to have ever graced the American corporate scene. He is fondly remembered for working tirelessly in an effort to transform CCMP Capital into the industry leader that it is today. Stephen was similarly a family man, and a philanthropist. He resigned from his role as the firm’s chairman and president due to health complications, only to pass away one month later. Nonetheless, his influence on the industry will be valued for many years.

Stephen’s Career

The New York native attended Sleepy Hollow High School and Boston College, from where he holds an Economics degree. After graduating, he joined Manufacturers Hanover Corporation on nypost.com for his internship. His talents stood out, and made him to be absorbed into the firm. Starting from a junior position, he quickly established himself as one of the most dependable and competent employees. This saw him play a crucial role in the success that Hanover Corporation and its predecessor firms had.

Mr. Murray earned his MBA from Columbia Business School in 1989. During this time, Hanover Manufacturers Corporation had undergone several acquisitions that would later lead to the formation of Chase Capital Partners and JP Morgan Partners. Stephen had equally made a name for himself as one of the brightest minds in the money markets on Crunchbase. With his deep understanding of the industry, he was part of the M&A teams that facilitated all the mergers and acquisitions over the years.

Read more: Exclusive: CCMP Capital CEO Stephen Murray leaves firm

CCMP’s Spinoff and More Success

Stephen was part of a team that led a spinoff from JP Morgan Partners to form CCMP Capital in 2006. He was made president and CEO one year later, just as the financial crunch was setting in. He defied expectations by leading CCMP through the crisis without any significant losses. Actually, it was at this time that CCMP established itself as a force to reckon with in the financial services industry. It similarly became one of the leading equity firms in the United States.

Prior to his demise, Mr. Murray was a board chairman of several companies. These include Jetro JMDH Holdings, Credit Investors, Crestcom International, Ollie’s Bargain Outlet, LHP Hospital Group, Strongwood Insurance Holdings, and Octagon Credit Investors. His insightful leadership helped these firms to be successful in their respective fields. Stephen was similarly a passionate philanthropist, who supported numerous noble initiatives such as the Food Bank of Lower Fairfield County. He left behind a widow and four sons.

Learn more about Stephen Murray: http://www.ccmpcapital.com/team/

Stephen Murray: An Extraordinary Business Journey

While many people in the business world graduate from college and set out on a path taken by so many others before them, Stephen Murray chose a different path to success on Bloomberg. After graduating from Boston College with a Bachelor’s degree in Economics and then earning an MBA from Columbia University, Stephen began a business journey that can only be described as extraordinary. Upon graduation, he started his career as a credit analyst with Manufacturers Hanover Corporation, where he learned the basics about private equity and other aspects of high finance on en.wikipedia.org. Along the way, he quietly gained a knowledge of the financial world that would serve him well later on.

After working in this position only a short time, Stephen decided to expand his career options and future growth opportunities by accepting a position with JP Morgan. One of the biggest financial companies in the world, Stephen rose through the ranks yet again to become one of the CCMP Capital most trusted, valued, and knowledgeable employees. Along with working on private-equity deals, he also turned his attention to the future, where he envisioned someday having his own company.

In 2005, this dream became a reality for Stephen. Along with a small group of partners who trusted him immensely, he founded CCMP Capital, a private-equity firm he eventually built into one of the world’s most respected companies. Focusing on buyouts and growth-equity deals, he led CCMP Capital to unprecedented heights that enabled him and his partners to work on a variety of deals simultaneously. Eventually, Stephen was able to raise a fund for his company totaling more than $3.6 billion.

Along with achieving business success, Stephen also made his mark as a generous philanthropist. As a father of four children, he had a deep interest in helping other parents and children have better lives. One of his biggest passions was the Make-A-Wish Foundation in New York, where he worked hard raising money and awareness in order to help terminally-ill children see their wishes come true. Along with this, he also became greatly concerned about the plight of hunger, and worked with various food banks in the New York area to help fight the growing epidemic of hunger within families.

Although having passed away at age 52, Stephen Murray managed to accomplish many great things during his lifetime. Whether a success in business or philanthropy, it’s clear Stephen Murray left the world a much better place.

All about Stephen Murray and CCMP

In February 2015, Stephen Murray who was the CEO of CCMP Capital left the firm. Around five months before then, the private equity firm had raised $3.6 billion. CCMP Capital is a private equity investment firm. Its main transactions are leveraged buyouts and capital growth. Stephen Murray was among the co-founders. He had been working at CCMP since 1999. His last year in CCMP had been very successful.

The firm was known as Chase Capital Partners after which it became JPMorgan Partners. The group became independent in 2006 and the next year; Stephen became the CEO after Jeff Walker. Stephen had been a board member in various companies including Octagon Credit Investors and Crestcom International among many others. Stephen Murray CCMP Capital’s representative did not answer any questions on who was to succeed Murray, but she said that he left for health reasons.

After he had left the firm, Stephen passed away at 52 years. This was about a month after leaving the firm. Greg Brenneman who became president and CEO after Murray said that the demise of Murray deeply saddened the firm. While sending a message of condolence, Greg described Murray as a great investor who made successful deals. He added how much he loved and valued his family, which included his wife and four children.

Read more: Stephen P. Murray – President @ CCMP Capital Advisors

Stephen Murray graduated with a Degree in Economics from Boston College in 1984. Five years later, he got his Master’s Degree in Business Administration from Columbia Business School. He was hired in Manufacturers Hanover Trust Company as a credit trainee. The company is based in New York. With time, he became the vice president of middle market lending. In 1989, he joined the Manufacturers Hanover’s private equity and leveraged finance unit. Murray headed the bank buyout business since 2005. At that time, Stephen Murray CCMP Capital was known for its investments in middle market deals and was quite good at it.

Murray was not concentrating on business only. He was a philanthropist. He supported institutions such as Columbia business school, Stamford Museum, the Food Bank of Lower Fairfield County and Boston College. Stephen Murray CCMP Capital did an exceptional job when he was the Vice Chairman of Boston College board of trustees. He was also a supporter of Make-A-Wish Foundation based in New York. There he was in the coordinator’s council. After Murray’s death, his family requested that instead of sending flowers, donations would be made to the Food Bank of Lower Fairfield.