Stephen Murray was a successful private equity investor and philanthropist. Stephen Murray born August 2, 1962 passed away on March 12, 2015 at the age of 52. Stephen Murray held the title of president and chief executive officer of CCMP Capital until he resigned for health reasons. The company established in 2006 is a spinout from JP Morgan and focuses on making buyout and growth equity investments.
CCMP Capital collaborates with talented management teams to drive growth. Prior to becoming a successful investor Stephen Murray attended Boston College, graduating in 1984 with a degree in economics. In 1989 he attended Columbia Business School earning his master’s degree in business administration. Stephen Murray’s professional career began at Manufacturers Hanover Corporation, where he became part of the company’s training program in 1984.
Read more: Back to Business for CCMP Capital Advisors
Stephen Murray later joined MH Equity Corporation in 1989, which merged Manufacturing Hanover private equity group with its finance unit. There was a merger in 1991 between MH Equity and Chemical Venture Partners after Manufacturers Hanover was bought by Chemical Bank. Chemical Bank and Chase Manhattan Corporation merged in 1996 and Chemical Venture Partners went on to become Chase Capital Partners.
After becoming head of buyout business at JP Morgan Partners in 2005, Murray went on to co-found CCMP Capital a year later in 2006. He would later be named CEO of CCMP Capital in 2007. Stephen Murray served on a number of boards throughout his career. These boards include General Power Systems, Aramark, AMC Entertainment, Pinnacle Foods, Warner Chilcott, the Vitamin Shoppe, Cambelas, and Legacy Hospital Partners.
Stephen Murray was not only the co-founder of CCMP Capital but also a philanthropist. He served as vice chairman of the board of trustees at Boston College which he supported. He was also a member of the chairman’s council of the Make a Wish Foundation of Metro New York. He also supported the Stamford Museum, the Food Bank of lower Fairfield County, and Columbia Business School. Murray was survived by his wife Tami A.Murray and their 4 sons.
Follow Stephen Murray on Crunchbase