Stephen Murray was born on August 2, 1962, and died on March 12, 2015, at the age of 52. He grew in a New York City suburb in Westchester County in New York. Was married to surviving Tami, both had four sons and resided in Stamford, Connecticut.
He was the large investor and dealmaker who spent the majority of his career in private equity. He was a founding partner of CCMP Capital, which focuses on buyout and growth equity transactions.
The late Stephen Murray raduated with a degree in economics from Boston College in 1984 and also earned his master’s degree in business administration from Columbia Business School in 1989.
His career in business started with him becoming part of the credit analyst training program at Manufacturers Hanover Corporation.
Later in 1989, he joined the MH Equity Corporation, which was a combination of Manufactures Hannover’s private equity group and finance unit. In 1991, Hannover was bought by the Chemical Bank making MH Equity to merge with Chemical Venture Partners. Learn more about Stephen Murray CCMP Capital: http://www.nytimes.com/2015/03/01/realestate/west-village-townhouse-for-17-million.html?_r=0
In 1996 Chemical Bank Merged with Chase Manhattan Corporation from which Chemical Venture Partners became Chase Capital Partners. Later the late Stephen became head of buyout business at JP Morgan Partners (read more: Stephen Murray and CCMP Capital). All this was before him co-founding CCMP Capital, which was a spinout of JP Morgan Partners Chase containing the buyout and growth team of the then private equity group in August 2006.
It was later in 2007 that the late Stephen was named CEO of CCMP Capital. He served in companies like the Aramark, Generac Power Systems, AMC Entertainment, Warner Chilcott, The Vitamin Shoppe, Cabela’s and Legacy Hospital Partners. Learn more about Stephen Murray CCMP Capital: https://www.pehub.com/2007/10/5-questions-with-stephen-murray/
Now CCMP invests up to $500 million of equity per transaction. Its base is in New York. It focuses in the consumer, industrial, healthcare, and energy sectors. Some of the firm’s investments include Cabela’s Inc., Quiznos Corp., and Warner Chilcott Plc.
Stephen helped the company to raise $3.6 billion funds in 2014This came through establishing a new identity with investors – click to read more: A History of CCMP Capital And Its Founding CEO Stephen Murray.
The late Stephen had been with the firm for two and a half decades but later stepped down from his role due to health related reasons before his death. He had been an active contributor to the success of CCMP before his death.