Finding consistent financial growth is difficult, especially in these times. What’s even harder is finding companies that maintain that growth for long periods of time. There are very few financial organizations on linkedin.com that have the pedigree and track record of successful financial ventures that CCMP Capital has.
CCMP Capital was originally formed from the original capital investment arm of JP Morgan Chase back in 2006. Since their humble beginnings, Stephen Murray CCMP Capital has grown to become a huge force in private equity investments. Currently, it has recorded over $12 billion of investments through leveraged buyouts and growth capital transactions. The company had the distinct privilege of being noted as the 17th biggest private defined provider in the world in the year 2007. The company has expanded since its beginnings to markets such as Hong Kong, Tokyo, New York and London.
CCMP Capital originally started as a subsidiary of Chemical Bank, Chemical Venture Partners back in 1984. Chase Manhattan Bank purchased the equity firm from the chemical company in 1996 and renamed Chase Capital Partners to reflect not only the change in ownership but also give homage to the original company. Four years later, the company was renamed again to JP Morgan Partners. The company quickly grew through the integration of other businesses into its portfolio, including The Beacon Group, Manufactures Hanover, Robert Fleming and Co., and other investment houses.
Stephen Murray, the former president and CEO of CCMP Capital was instrumental in the continued growth and success of the company. Through his leadership, the company was re-created after a spinoff occurred from the founding JP Morgan Chase investment conglomerate. In 2007, Murray was named the CEO and president.
Murray has held numerous CEO and executive positions with major companies in a number of fields, including board positions at AMC Entertainment, The Vitamin Shoppe, Aramark, Warner Chilcott and other prominent consumer related companies. Under Murray’s guidance and leadership, CCMP is once again branching out into new fields in the financial world.
Recently the company finished its initial capital raising campaign for a new fund it is developing, amassing over $3 billion in newest commitments from investors. The new fund, called CCMP Capital Investors II is the first started under the original CCMP Capital since its split from JB Morgan Chase. The fund was backed with $3.5 billion in initial capital pledges.
Regardless of the outlook in the general economy, companies like CCMP Capital continue to bring winning advanced strategies and investments to its loyal followers and investors.