Stephen Murray, a philanthropist and investor in private equity, was a man on a mission and that mission was to help others. He owed his success to hard work, determination and a little bit of luck. He made a decision early on in his life to help others achieve a small measure of success and make a better life for themselves and their families.
He supported several organizations whose goal was to make a difference in community and society. He supported the Make – A – Wish Foundation of Metro New York where he served on the chairman’s council and the Food Bank of Lower Fairfield County. He supported programs at the Stamford Museum and was involved with both his alma maters Columbia Business School and Boston College. Learn more about Stephen Murray CCMP Capital: http://xrepublic.net/2014/09/11/stephen-murray-the-great-investor-and-deal-maker-for-ccmp-capital/
His post graduation service to Boston College was as vice chairman of the Board of Trustees. He led by example and colleagues and family members often followed that example into community service. His advocacy for helping others made an impact on the lives touched by his spirit of giving.
In addition to his philanthropic mission Murray was the co-founder of CCMP Capital, in 2006. Stephen Murray CCMP Capital was a spinoff of the Chase division of JP Morgan and eventually became the CEO (Chief Executive Officer) in 2007.
His career began in 1984, after graduating from Boston College with a degree in economics. He was accepted to the training program in credit analyst at Manufacturers Hanover Corporation. In 1989, he earned a Master’s Degree in Business Administration from the Columbia Business School. That same year he joined MH Equity Corporation, which was the Manufacturers Hanover’s equity group along with their unit in leveraged finance.
In 1991, Chemical Bank secured the purchase of Manufacturers Hanover Corporation and MH Equity finalized a merger with Chemical Venture Partners. In 1996, Chemical Bank successfully merged with Manhattan Corporation and Chemical Venture Partners morphed into Chase Capital Partners. In 2005, Murray was appointed to head up the buyout division of JP Morgan Partners, which eventually led to the JP Morgan spin-off.
In addition to being a private equity investor, Mr. Murray also served on the boards of several major corporations including AMC Entertainment, Warner Chilcott, Legacy Hospital Partners and Aramark. He also served on the boards of Strongwood Insurance Holdings, Octagon Credit Investors and Crestcom International. He utilized his investing knowledge and expertise to enhance the financial standings of these companies.
Mr. Stephen Murray sadly passed away at the young age of 52 in March of 2015. His passing left a void in the world of private equity investing, as well as philanthropy