During the lifetime of any one person, establishing a legacy that lasts for many years is something that many aspire to do. Stephen P. Murray, the man behind CCMP Capital, would have been a good example of this in recent times.
Stephen Murray was born in Brooklyn, New York in 1962 but his youth was growing up in North Tarrytown, New York. He attended Sleepy Hollow High School and after this he enrolled in at Boston College, to which he graduated from in 1984 with a degree in economics. A few years later in 1989 he attended and graduated from the Columbia Business School with a masters degree in business administration.
Immediately after getting his bachelor’s degree in 1984, Murray was keen on being involved in finances and business and did so by joining a credit finances program at Manufacturers Hanover Corporation, a banking group that operated in New York.
After he had earned his masters in 1989, Murray then went on to join the MH Equity, a combination the work of Manufacturers Hanover’s private equity group with their leveraged financing unit. Over the years the company had gone through three mergers and eventually all of them formed into JP Morgan by the year 2000.
By 2006, Murray had made his most noted business move, which was being a founding partner of CCMP Capital, which grew out of JP Morgan. The company’s main goal was to handle leveraging, buyouts and equity and all of their respective investments. By 2007, Murray was eventually named to be the CEO of the company.
Stephen Murray CCMP Capital regularly invests as little as $100 and as much as $500 million of equity for every transaction made and successfully raised $3.6 billion in funding just two years ago.
Even though Stephen P. Murray was a noted equity investor, he was more than a businessman but also known for his work in humanity and philanthropy. For example, Stephen Murray was a supporter of the Make-A-Wish Foundation in New York and was even on the chairman’s council for the group.
Stephen Murray has also been involved with Boston College in the past, one time being the vice chairman on the school’s board of trustees at one point in his life. Murray has throw in his support for other organizations and groups, including the Stamford Museum and the Columbia Business School, his other alma mater.
Learn more about Stephen Murray CCMP Capital: http://www.nytimes.com/2015/03/01/realestate/west-village-townhouse-for-17-million.html?_r=0