As a global private equity firm, CCMP Capital Advisors, LLC is a private equity company and since 1984, it has invested more than $16 billion in growth and buyout of equity transactions. CCMP Capital uses the strengths of its industry expertise and resources of proprietary operating in order to invest in four sectors that are targeted – industrial, energy, consumer/ retail and healthcare. The company’s team has gained a reputation of one of the best investment planners in the world through its competent management and strong model for value creation.
Stephen Murray CCMP Capital specializes in growth and buyout of equity investments in Europe and North America in four of the targeted industries mentioned above. The name of the firm is an acronym that stands for its heritage organizations – Chemical ventures, Chase capital, Manufacturers Hanover Capital/ J.P. Morgan, Partners. CCMP Capital started to operate as an independent company in August 2006, and the team of investment experts continues with managing of J.P. Morgan Partners’ equity portfolio.
Steve Murray on nypost who was the CEO and the former director of this firm has recently passed away, aged 52. He was a philanthropist and a private equity investor. Last month, he decided to leave CCMP because of, how the firm formulated it, health reasons. He had worked in CCMP and firms that preceded it ever since 1989. It was known at one point under the name Chase Capital Partners, and later it became JPMorgan Partners, as the J.P. Morgan bought Chase Capital. For some time after that, it became one of the biggest private equity firms in the whole world. The firm gained its independence in the year 2006 and, and the next year, 2007, Steve Murray became the CEO, taking the place of the founder of the firm, Jeff Walker.
Murray was also a philanthropist and was a supporter of New York’s Make-A-Wish Foundation, where he was a part of the chairman’s council, the Lower Fairfield County’s Food Bank, Columbia Business School, Stamford Museum and Boston College, where he was the board of trustees’ vice chairman. His most recent involvement on board was on Crestcom International, Jetro JMDH Holdings, Infogroup Inc., LHP Hospital Group, Ollie’s Bargain Outlet, Octagon Credit Investors and Strongwood Insurance Holdings.
Greg Brenneman, the chairman of CCMP and the new CEO and president of the company, who took Steve Murray’s place, announced that the whole team is greatly saddened to know their former partner and friend passed away. He was one of the CCMP Capital’s founding partners and a great deal maker and an outstanding investor who spent most of his career as a private equity investor and the team is very grateful for his numerous contributions to the success of the firm.