Category: Manufacturers Hanover Corporation

Stephan Murray was a Businessman, Private Equity Investor and Philanthropist

Stephan Murray was the co-founder, as well as the president and Chief Executive Officer (CEO) of CCMP Capital. The company is a private equity firm and they focus on buyout and growth equity transactions. Murray began his career in 1984 as a trainee in the credit analyst program at Manufacturers Hanover Corporation. Murray then joined MH Equity Corporation, in 1989. The entity was the combination of Manufacturers Hanover Corporation private equity group and their leveraged finance unit.

After Manufacturers Hanover Corporation purchase by Chemical Bank and MH Equity eventually merged Chemical Venture Partners, Chemical Bank then merged with Chase Manhattan Corporation, Chemical Ventures Partners morphed into Chase Capital Partners. Murray rode the wave of acquisitions and mergers and in 2005; Murray became the head of buyout at JP Morgan Partners.

It was at this time in company history that Murray, along with his business partners, co-founded CCMP Capital, a spinoff of JP Morgan Chase. In 2007, Murray became the CEO of CCMP Capital. Through his employment at the various companies, he accrued a great deal of business experience. That experience and know how gave him an edge when he was part of the co-founding team for CCMP Capital.

Murray also credits his educational background with part of his business and entrepreneurial success. He is a 1984 graduate of Boston College, earning a degree in Economics and in 1989 he graduated from the Colombia Business School with a Master’s Degree in Business Administration. His education taught him that commitment, dedication and discipline provides a solid foundation in the business industry and that translate to success in life, as well as business.

Stephan Murray was also a philanthropist. He had a passion for helping others make a better life for themselves and their families. His choice of organizations to support was based on his own values such as love and compassion for his fellow man. His enthusiasm to help others was incredibly contagious and family, friends and colleagues were inspired to find their own passion and support organizations that jive with their own beliefs.

Murray supported the Food Bank of Lower Fairfield County and the Make A Wish Foundation of Metro New York. He also supported education and served on the Board of Trustees at Boston College and Columbia Business School. Through his work with his alma maters, he helped create and maintain educational opportunities for others who may not have the means or inclination to further their education.

Sadly, Mr. Murray passed away at the young age of 52 years old and left a void that has been challenging to fill.

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Stephen P. Murray, 52; Financial Executive; Stamford Resident; Vice Chair Boston College Board of Trustees