Category Archives: Achievements In Business

Stephen P. Murray’s Immense Contribution to the Growth of CCMP Capital

CCMP Capital is one of the leading private equity investment firms in the United States. Its main focus in the investment sector is the concentration in the growth of capital and leveraged buyouts. The firm has tremendously grown over a period of up to three decades under the leadership of one of the towering figures who have helped it significantly grow. At the beginning, CCMP was founded as Chemical Venture Partners way back in 1984 and served as the private equity branch of Chemical Bank. In 1996 after successful engagements with other notable business men it changed its name to Chase Capital Partners. Eventually after a successful acquisition it changed again to JP Morgan Partners and later as CCMP in 2006. The success of the partners of the firm has made it to be ranked as one of the largest and most successful private equity fund firm in the world and has shaped private equity investing in the United States.

One of the notable figures  on Wall Street who has received considerable praise for significantly contributing to the growth of CCMP is Stephen P. Murray. He was an intelligent and astute business man and a philanthropist. He was a former graduate of the Boston College where he graduated with a degree in Economics in 1984. Before to his unfortunate demise, he acted as the President and at the same time Chief Executive Officer of CCMP Capital. His experience and expertise in investment and economics has made him sit as the one of the board of directors of major blue chip companies in the United States of America and significantly contributing to their growth.

Just a month after leaving CCMP Capital citing health related concerns, the CEO of the private equity investment firm passed on. This was in deed a sad period for the staff of Stephen Murray CCMP Capital who had worked with him for close to three decades. It was also a big loss for the business community as it had lost one of the towering figures in the American business community who had significantly contributed to the development of private equity investments in the United States.

Apart from his life at CCMP and business generally, he also actively participated in many philanthropic activities throughout the years. His presence in giving back to the community has helped shaping the lives of many young people. Stephen P. Murray CCMP Capital was passionate about education and his help has largely been in this sector. His notable philanthropic activities include his unwavering support for the many universities in the United States including Columbia Business School and his Alma Mata Boston College among others. Since education is one of the ways that help a nation develop, his efforts towards improving this sector have been successful.