Investment pioneer on rcactrack.com Stephen Murray passed away of an undisclosed illness on March 12, 2016. At the time of his death, he was a resident of Stamford, Connecticut. Stephen was married to Tammi Murray and enjoyed being the father to four wonderful sons.
Most recently, Stephen Murray CCMP Capital was the president and CEO of CCMP, a position that he took over in 2006. The graduate of Boston College and Columbia Business School will be long remembered for his impact on the industry providing the leading vision as CCMP broke away from JP Morgan Chase. He was extremely proficient at developing business deals starting out as a minority shareholder in initial transactions. These middle-market deals frustrated Henry Kravis who co-founded KKR & Co. so much that JPMorgan decided to create CCMP selling it to Stephen Murray CCMP Capital.
From that point on, Stephen went on to build the company on blogs.wsj.com that has provided $100 million to $500 million of equity per transaction in companies in North America and Europe. The company maintains offices in New York, Houston and London with an emphasis on consumer/retail, industrial, chemicals/energy and healthcare. Some companies in their active portfolio include Jetro Cash & Carry, Noble Environmental Power and Chaparral Energy. The company maintains a long list of realized portfolios including Aramark, Pinnacle Foods Group and Quiznos Sub.
Stephen Murray CCMP Capital first went to work for New York-based Manufacturers Hanover Trust Company in 1984 as a credit trainee. He quickly rose through the ranks and through mergers became part of JP Morgan in 2000 becoming the head of their buyout business in 2005.
He served on the board of trustees of Boston College and as a member on the chairman’s club of the Make a Wish Foundation of Metro New York. Stephen Murray CCMP Capital was also involved with helping to preserve the heritage of Stamford through the Stamford Museum and feeding the poor through the Food Bank of Lower Fairfield County.