Steve Murray is well-known for being a prosperous participant in the private equity investment sector. He was a founding partner of the CCMP Capital as well as its President and Chief Executive Officer. Mr. Murray passed on at 52 years old on the 12th March 2015. CCMP recognizes him for making several significant contributions that facilitated the development of the firm and its predecessor.
He is also acknowledged for being a philanthropist, and he helped various important community projects such as the Make-A-Wish Foundation, which is based in Metro New York, Stamford Museum, the Food Bank of Lower Fairfield Country, Boston College and the Columbia Business School where he studied for his MBA. Due to his many contributions, Steve Murray was made to be a Council Member of the Make-A-Wish Foundation and a Board of Trustees’ Vice Chairperson of the Boston College.
During his long and inspiring career, Stephen was an employee of the Manufacturer Hanover Corporation, and he worked for the firm’s credit analyst training program as form 1984. He later joined the MH Equity Corporation, which had its leveraged finance unit merged with the private equity section of the Manufacturers Hanover.
In 1991, Manufacturers Hanover got acquired by Chemical Bank, and the MH Equity became integrated into the Chemical Venture Partners. JP Morgan selected Mr. Murray to serve as the buyouts business leader in 2005, where he played a significant role in stabilizing the private equity enterprise. Read more: West Village Townhouse for $17 Million
Stephen cofounded the JP Morgan Chase spinoff (CCMP Capital) in 2006 and at that time the company only had a takeover group and an investment development team. The company appointed him as CEO in 2007 and under his leadership, CCMP Capital rapidly grew to a worth of 12 billion dollars.
The company currently specializes in the private equity investment and its main areas of proficiency are capital growth dealings and leveraged buyouts. Learn more about Steve Murray: http://fortune.com/2015/02/17/exclusive-ccmp-capital-ceo-stephen-murray-leaves-firm/
CCMP Capital has currently employed more than fifty professionals who are based in New York, Hong Kong, London, and Tokyo. The firm’s primary clients are corporations, high net worth individuals, and institutional investors who want to find a good business to invest.
Mr. Steve Murray was also a member of some company boards, and they include Aramark, The Vitamin Shoppe, AMC Entertainment, Generac Power Systems, Warner Chilcott and the Legacy Hospital Partners. Stephen Murray is described as an enterprising individual who was goal oriented and wanted to ensure that his company grew to greater heights.