Stephen Murray passed on early 2015. Before his death, Murray had served as the Chief Executive Officer and a co-founding partner of CCMP. Murray had resigned only a month earlier for what he termed as health reasons. CCMP is a renowned New York company that specializes in growth equity investments and milled-level leveraged buyouts.
CCMP makes around $ 100-$500 worth of investment sales according to the firm’s website. The focus is on working with healthcare, industrial, consumer, and energy companies on Crunchbase. So far, it has made many investments including Quiznos Corporation and Cabela’s Incorporated among others.
Early Life, Upbringing, Education, and Death
Murray grew up inWestchester County, a suburb of New York City. He studied Bachelor of Arts at Boston College. Murray opted for Ms. in Business Administration from the Columbia University in New York. Mr. Greg Brenneman, the current Chief Executive Officer at CCMP, eulogized him as a dedicated leader, investor, and deal maker. At the time of his death, Steve Murray was 53 years old. He left behind Tami, his wife, and four sons.
Read more: CCMP’s Murray dead at 52
Murray’s Career and Achievements at JP Morgan
Steve Murray started working for Manufacturers Hanover Trust Company based in New York in 1984. He began as a credit trainee but worked hard through the years to become the company’s Vice President responsible for middle market lending. After a five-year stay, Murray left to join a Hanover Trust private leveraged and equity finance department which had preceded CCMP BUT was later dissolved in 2000 to become part of JP Morgan. Before the spinoff, CCMP was known as JP Morgan carrying out similar functions.
He was made the head of bank buyout business in 2005 and became the Chief Executive Officer in 2007 taking over from his predecessor Jeff Walker. During his tenure, CCMP raised more than 3.6 Billion Dollars.
Before Murray’s death, he was an accomplished investor with an impeccable career record. Murray had become one of the only two CCMP executives to be listed in the SEC filings for the fund. Furthermore, he was among the five control personalities listed on CCMPs most recent Form ADV. After an impressive career, Murray left the company in early 2015 for health reasons. Murray served CCMP with dedication and passion and both his colleagues and clients will miss his exemplary service and leadership.
Other Roles and Responsibilities
Before his demise, Murray was a board member for various institutions. He was also an accomplished philanthropist who supported many community-based programs.
Learn more about Steve Murray: https://www.linkedin.com/in/stephen-murray-ba834346