Category Archives: Chemical Bank

Stephen Murray: Longtime Investor And Former CEO of CCMP Capital

The former CEO of CCMP Capitol, Stephen Murray was a successful businessman who focused in private equity investing. Murray was raised in New York City, in a suburb located in Westchester County.

He also attended the Boston College where he graduated with a Bachelors Degree in economics in 1984. Afterwards he later decided to pursue a degree in Business Administration, in which he received his Masters Degree from Columbia Business School in 1989. During the same year that he graduated from Boston College, Murray received a position of Credit Analyst Trainee at Manufacturers Hanover Trust Corporation.

During Stephen’s time at Manufacturers Hanover Trust, he earned the the position of Vice President, in which he primarily focused middle-market lending. His career at Hanover Trust led him to a job at MH Equity Corporation, which was the combination of the leveraged finance unit and the private equity group of Manufacturers Hanover.

In 1991, MH Equity and Chemical Venture Partners conjoined after Manufacturers Hanover was bought out by Chemical Bank. Afterwards, in 1996, Chemical Bank became apart of Chase which led Chemical Venture Partners being named Chase Capital Partners.

Chase then acquired J.P. Morgan & Co. which then led to Chase Capital Partners becoming JP Morgan Partners. Here, he filled the role of head of buyout business. Learn more about Stephen Murray CCMP Capital: Exclusive: CCMP Capital CEO Stephen Murray Leaves Firm and CCMP Capital Resumes Business After Death of Stephen Murray

Throughout all of these acquisitions, Murray stayed through all of it. This led to him becoming Co-Founder, when JP Morgan Partners spun out into CCMP Capital in 2006. The following year he then become the CEO of the company. His experience led him to become a private equity pioneer as he led CCMP 8 more years.

During his time as CEO, his company expanded with offices in all over the world in London, Tokyo, and Hong Kong. In his multiple decade long experience, Steven Murray has served on the board of board of numerous big name companies such as AMC Entertainment through CCMP’s investments.

Stephen Murray was also a man with a big heart, he donated to multiple organizations and charities such as the Make-A-Wish Foundation. After leading CCMP, which was among the most sizable private equity companies in the world, he left the company due to health reasons.

Soon after, he passed away on March 12th 2015, at the age of 52. He passed after many years of work, leaving behind his wife and 4 children.

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