Stephen Murray, Terrific Investor and Pioneer

Steve Murray, the former CEO of CCMP Capital Advisors, was known as a terrific investor and dealmaker. He passed away at age 52, leaving behind his wife and four sons. In 1984 Murray was hired as a credit trainee at Manufacturers Hanover Trust Co.

After completing his master’s degree in Business Administration in 1989 from the Columbia Business School, Murray joined MH Equity Corporation and was promoted to vice president of middle market lending.

Murray stayed with the firm through several mergers. MH Equity merged with Chemical Venture Partners, and they then became Chase Capital Partners.

In 2005, JP Morgan Partners made Murray the head of buyout business. In 2006, Murray co-founded CCMP Capital, which is a spinout of JP Morgan Chase. He was named CEO of CCMP in 2007. CCMP is a private equity firm focusing on buyout and growth equity transactions. Learn more about Steve Murray:

According to an article written February 2014 in LBO Wire, Murray said, “It was difficult for JPMorgan to bring us deals because they couldn’t be perceived as favoring their in-house firm. The relationship is better now that we’re separate than when we were together.”

Greg Brenneman, Steve Murray’s successor now chair of CCMP, said, “We are very saddened to learn that our friend and former partner, Steve Murray has passed away. Our deepest condolences, thoughts, and prayers are with his wife and sons.

We know they were his pride and joy. A founding partner of CCMP Capital, Steve was a terrific investor and dealmaker who spent the majority of his career in private equity. We are grateful for his positive contributions to the success of CCMP and its predecessors.”

Murray was also a philanthropist who supported the Make – A – Wish Foundation of Metro New York, the food bank of Lower Fairfield County and served as the vice president of the board of trustees at Boston College.

Murray will always be recognized as an industry pioneer who served more than two decades mastering the skill of buyout business and landing deals with tact.

Read more:

5 Questions with Stephen Murray, CEO of CCMP Capital