Steven Murray an Incredible Investor and Philanthropist

Background
Born in 1962, Stephen Murray was raised in the North Tarrytown, New York area and he went to high school at Sleepy Hollow (click the following link to Learn more about Stephen Murray CCMP Capital: https://www.pehub.com/2007/10/5-questions-with-stephen-murray/). Murray went on to attend and graduated from Boston College. In 1984, he earned a Bachelor’s degree in Economics and then graduated from Columbia Business School in 1989 earning a Master’s degree in Business Administration.

Career

Murray is known for being an industry leader by assisting JP Morgan and establishing a private equity business. He joined MH Equity Corporation, which merged Manufacturers Hanover’s private group with its leveraged finance unit. In 1991, Chemical Bank purchased Manufacturers Hanover’s the Chemical Venture Partners joined with MH Equity. In 1996, Chase Manhattan Corporation merged with Chemical Bank and then Venture Partners became Chase Capital Partners.

Stephen Murray eventually became the leader of buyout business at JP Morgan Partners. He became the co-founder of CCMP Capital, which was a spinout of JP Morgan Chase that included the growth equity and buyout team of its private equity group. Murray became CEO in 2007.

Throughout Murray’s career, he served on the board for several companies such as AMC Entertainment, Aramark, Cabela’s, Generic Power Systems, Legacy Hospital Partners, Octagon Credit Investors, and Ollie’s Bargain among several others.

Philanthropist

Murray was not only a successful business person, but he also was actively involved in philanthropy. Murray served as Boston College’s Vice Chairman of the board of trustees and served as a member of Make a Wish Foundation in Metro New York. Also, Murray supported Lower Fairfield County’s food bank, Columbia Business School, and Stanford Museum. Learn more about Stephen Murray CCMP Capital: http://patch.com/connecticut/stamford/stephen-p-murray-52-financial-executive-stamford-resident-vice-chair-boston-college-board-trustees

Murray Dies….

At the age of 52, Murray died on March 12, 2015. Just a month prior Murray left CCMP due to health related issues as reported by the firm. Many people remembered Murray as being a hardworking and genuinely compassionate man. He was known to be everything to everybody, a loving husband, an adoring father, and a dear friend.

Greg Brenneman CCMP Chairman, who was the successor of Murray stated, “Our deepest condolences, thoughts, and prayers are with his wife and sons. We know they were his pride and joy.” Brenneman explained that Murray was an excellent investor and that his predecessors were more than grateful for his positive contributions to the success of CCMP.

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Ex-CCMP Capital CEO Steve Murray passes away