Stephen Murray is one of the people that have managed to set high standards in the sectors they have served in. Through his hard work and brilliant decisions, he has been able to accomplish great feats. As a result, the firms that he has served in have also benefited immensely. Stephen Murray has been a prominent philanthropist and a leading private equity investor.
Murray earned his degree in economics in 1984. He obtained it from Boston College. In 1989, he received his business administration masters degree from Columbia Business School. He has been serving as CCMP Capital’s chief executive officer and president. CCMP Capital is a private equity company that is a major player in buyout and growth equity transactions.
His successful career was rooted at Manufacturers Hanover Corporation. He became part of its training program for credit analysts in 1984. In 1989, Murray joined MH Equity Corporation that combined the private equity group of Manufacturers Hanover with its finance unit. In 1991, Chemical Bank purchased Manufacturers Hanover.
Chemical Venture Partners merged with MH Equity Partners. In 1996, another merger took place. Chase Manhattan Corporation and Chemical Bank merged. Chemical Venture Partners changed its name. It became Chase Capital Partners.
In 2005, Murray became responsible for JP Morgan Partners’ buyout business. He co-founded the CCMP Capital soon after. Murray was named the chief executive officer of CCMP in 2007. The firm was a spinout of JP Morgan Chase. Learn more about Stephen Murray CCMP Capital:
It contained its private equity group’s buyout and growth equity teams. Starting in 1984, Murray worked in all the firms that that resulted in the creation of CCMP. That includes Chemical Ventures, Chase Capital, Manufacturers Hanover, along with JP Morgan Partners.
His legacy is not only anchored to his exploits in business. Stephen Murray was also a revered philanthropist. He did a great work supporting many organizations. The institutions that benefited from his support include Columbia Business School, the Food Bank of Lower Fairfield County, and Boston College.
Stephen Murray also supported the Make A Wish Foundation of New York as well as Stanford Museum. Additionally, Murray did a wonderful job at Boston College as the vice chairman of the board of trustees. His level of commitment to philanthropy was exceptional.
Stephen Murray served in several board seats that include Strongwood Insurance Holdings, Crestcom International, and Jetro JMDH Holdings. He also had board seats in LHP Hospital, Ollie’s Bargain Outlet, and Octagon Credit Investors. All these firms benefited from his insightful leadership and business expertise.