Stephen Murray CCMP Capital, well-known private equity investor and former CEO of CCMP Capital Advisors died at home on March 12, 2015, at age 52. Due to health reason, he had recently resigned from the New York-based equity and buyout firm, formerly known as JP Morgan Partners.
The new CEO, Greg Brenneman, expressed his sympathy at the loss of a friend and terrific deal maker. Murray is survived by his wife and college sweetheart, their four sons, his parents and his brothers, his sister and their families.
Raised in Westchester County, a scenic New York City suburb, Murray attended Boston College and then went on to Columbia University where he earned his MBA. Murray’s career took off rapidly; he began as a credit trainee at Manufacturers Hanover.
In just four years, Murray rose to VP of Middle-Market Lending. After several mergers, Murray found himself working for JPMorgan as head of the firm’s buyout business and at JPMorgan Partners, which then became CCMP Capital Partners.
Back in 2007, Stephen Murray was CEO of a new company, minus the JPMorgan branding. CCMP Capital raised $3.4 billion in its first fundraising effort, with 80 percent of the money coming from outside investors.
This was due to Murray’s ability to build new relationships and reassure investors that CCMP had a good strategy and capability to execute it. At JPMorgan Partners, the average investment was $25 million, however, CCMP now handles deals with an average investment of $200 million. Learn more about Stephen Murray CCMP Capital: http://fortune.com/2015/02/17/exclusive-ccmp-capital-ceo-stephen-murray-leaves-firm/
Stephen Murray was married to his wife Tami for 29 years. They raised their family in Stamford, CT, where Murray was known as a kind and compassionate man. He was active in numerous charities, including the Food Bank of Lower Fairfield County.
His commitment to the food bank was so great that Murray’s family asked mourners not to send flowers. Instead, the family asked people to send donations to the food bank.