A LinkedIn post, confirmed that Stephen P. Murray is an American who was born on 2nd August 1962.He spent his childhood at New York surburb in the Westchester County. Murray was the brain behind the founding of CCMP. He was the chief executive officer and the president until his resignation early February 2015 due what he termed as health reasons. CCMP was founded in 2006 after it split from JP Morgan Chase & company. This move was necessary in the sense that it was meant to avoid unnecessary conflicts with banks clients resulting from the association of CCMP and JP Morgan Chase & company.
Stephen Murray passed on a month after he resigned from CCMP. He died aged 52 years. He left behind a widow called Tami A. Murray and four sons. Until his demise Murray and his family resided in Stamford, Connecticut.
Stephen Murray joined Boston College where he graduated in the year 1984 with a bachelor’s degree in Economics. Subsequently he furthered his studies by joining Columbia Business School and pursued a master’s degree in Business Administration graduating in the year 1989.
CCMP having been founded in 2006, subsequently in the following year Stehpen Murray was appointed the head of the company. In his tenure at the company he was a respected Investor and a real deal maker. CCMP is a private equity investment firm based in New York (read more at Fortune). The company specializes in quite a number of fields but majorly in mid-markets buyouts together with investments in growth equity.
Murray oversaw the growth of the company which in the year 2015 had raised funds amounting to $3.6 billion. CCMP undertakes investments that range between $100 million to $500 million per transaction making it among the top private investors in the United States and Europe.
Stephen Murray joined the firm in the year 1989 and has since been with the company as it underwent a lot of transformations that subsequently resulted into the formation of CCMP. Investments that CCMP prides itself include the field of energy, industrial, healthcare and consumer products among many others.
Mr. Stephen Murray entry into the firm was when it was still a private equity and leveraged- finance unit of manufactures known as Hanover. As a result of three subsequent mergers the name was changed to JP Morgan Chase & company in the year 2000. In 2005 Murray was made the head of the bank’s buyout business the position he held until CCMP spun out of JP. Morgan and become an independent firm.