The Stephen Murray CCMP Capital is an investment company focusing on leveraged buyout as well as growth capital. Since inception, the company has made heavy investment in growth capital and in leveraged buyout amounting to around $12 billion. This has seen it ranking among the top 20 companies in private equity funds. This firm was established in the year 2006 in order to continue with the successful investment strategy that was developed and executed by the professionals of the firm while they were still member of the LLC, JP Morgan Partners and its predecessors. These predecessors included, Manufacturers Hanover, Chemical Venture Partners and the Chase Capital Partners.
Murray was among the founding partners of CCMP and he saw the firm spun out of the JP Morgan Chase and Co. This was done in 2006 as measure to avoid looming conflict with the clients of the bank. Stephen Murray CCMP Capital has put more emphasis on growth-equity investments and mid-market leveraged buyouts. This has seen it raise its latest fund, as per last year, with an estimated $3.6 billion. The firm typically invests about $100 to $500 million of equity on each transaction. Its primary target are those companies in industrial, consumption, energy and health care sectors.
On March 12, 2015, the world woke to unfortunate news that Stephen Murray, who had served as the CEO of CCMP Capital, had passed on. Murray was raised in New York. He attended Boston College where he earned an undergraduate degree in Arts before enrolling for a graduate degree in Business Administration from the Columbia University. The Hanover Trust Co. employed him as credit trainee before he later on rose to the position of a vice president of the mid-market lending. In 2005, he was named the head of the buyout business of the bank. He acted as the CEO of the CCMP Capital until he resigned early this year.
A sense of teamwork, partnership, diversity and integrity are very essential to the realization of each investment. Murray left a legacy in the firm through his successful business career and his philanthropic measures. The company has remained true to his faith on hard work and it is putting all its effort to remain at the top of the game.
The deep industry expertise of the CCMP Capital is a direct result of their significant transaction experiences in the four targeted sectors. The firm has heavily invested in these sectors over a prolonged time period including various business cycles and the widely varying market conditions. The deep understanding of specific issues and the opportunities within the industries has made the firm to stand out as the preferred partner among managers of potential companies that operate within the sectors that are their primary target (consumer, industrial, energy and health).