Stephen Murray has been remembered for his humanitarian actions as well as the prowess with which he handled investment matters.
The former chief executive officer of CCMP Capital Advisors passed on at the age of 52 just after he had confirmed his resignation a month prior due to health-related complications as reported by the Fortune Newspaper. He was replaced by Greg Brenneman a month later after his departure. Learn more about Stephen Murray CCMP Capital:http://xrepublic.net/2014/09/11/stephen-murray-the-great-investor-and-deal-maker-for-ccmp-capital/
In 1984, Stephen Murray CCMP Capital joined and became part of a credit analyst program that was offered at Manufacturers Hanover Corporation. In 1989, he kick-started his career by joining MH Equity Corporation which went through several major changes in management and ownership until it eventually became a stand-alone business in 2006.
CCMP origin dates years back to the 1980s, with Chemical Ventures Partners who were a subdivision of Chemical Bank as the mother company. A merger between Chemical Bank and Manufacturers Hanover Corporation led to the incorporation of the two businesses.
In 2005, Stephen Murray, who had also served on the board of other major firms such as Aramark, AMC Entertainment, Cabela’s, Warner Chilcott, Generac Power Systems, Legacy Hospital Partners and Pinnacle Foods became the president of the buyout organization at J.P Morgan Partners and continued leading the business through its 2006 spin out.
With Murray at the helm, CCMP upon leaving J.P. Morgan had subsequently two multibillion-dollar funds in which one closed in September 2015 after gathering $3.6 billion.
Murray also supported the Food Bank of Lowe Fairfield County, Make-A-Wish Foundation, Columbia Business School, Boston College, and Stamford Museum in his acts of philanthropy.
Among these foundations, he chaired for the Boston College committee Metro New York-based Make a Wish Foundation.
His death was reported by the Fortune on March 12, 2015