Stephen Murray was a highly successful investor in the field of private equities, a generous philanthropist and the former CEO of CCMP which was a monolithic and well respected private equity firm that specialized in growth equity transactions. He was born August 2, 1962, and he unfortunately passed away this past spring on March 12, 2015. He will be remembered for a number of things including his philanthropy, his incredible achievements in the financial world, and his most notable career achievement was founding Stephen Murray CCMP Capital after its separation from JP Morgan Chase, and then going on to be named its chief executive officer.
His education was nothing short of amazing too. He was able to graduate with a business degree in economics from the prestigious Boston College in 1984. After he graduated from Boston college in Economics he went on to attend another prestigious business program at the well respected Columbia Business School where he earned his master’s degree in business administration, better known as the MBA. Stephen Murray did very well while he was in college, but he had a natural aptitude in finance and for money, and his education only amplified his aptitudes, but it did help to open a number of doors for him.
Aside from his work for CCMP Capital, he had a decorated career. In 1984, the year he graduated from Boston College, Manufacturers Hanover Corporation accepted him as part of a credit analyst training program. Five years later, Manufacturers Hanover Corporation’s leveraged finance unit combined with its private equity group to form MH Equity Corporation which Murray then joined following his tenure under the credit analyst training program. It wasn’t until 2005 that he became the Head of Buyout Business for JP Morgan Partners. Then the rest is history as far has him founding CCMP Capital and then becoming the Chief Executive Officer in 2007. He also sat on the board of directors of many powerful and prestigious companies that include Generac Power Systems, AMC Entertainment, Warner Chilcott, Pinnacle Foods, Aramark and many others.
He finished his life with an impressive resume, and he was also a good man. In the Metro New York area, he was very active and offered financial support for the Make-A-Wish Foundation that aids very sick and terminally ill children. He also gave back financially to Boston College through donations, and he donated money to help feed the disadvantaged by supporting th Lower Fairfield County Food bank.