Stephen Murray, the former President and CEO of CCMP Capital, passed away at the age of 52 in March 2015. Known as a terrific investor and deal maker, he was also a board member for several companies, including Octagon Credit Investors and Strongwood Insurance Holdings. Murray left behind a wife and two sons.
Murray held a bachelor’s degree in economics from Boston College and a Master’s in Business Administration from Columbia College. He spent two decades working in various private equity roles before he lead the buyout business for JP Morgan Partners. He founded CCMP Capital, becoming CEO in 2007.
His successes at the head of CCMP were numerous, including the raising of multiple mult-billion dollar funds, including a fund that raised $3.6 billion in capital before closing in September 2014.
His ability to make fair and equitable deals in the private equity sector allowed both institutional and individual investors to benefit from the ability to acquire stakes in private companies and share in their growth and profitability.
His keen eye for investing played a key role in the early successes of many well-known companies, including Quiznos Subs, Cabelas and Pinnacle Foods Group.
However, Murray’s legacy extends far beyond the equity he raised and the profits he gathered for his firm and his clients. Learn more about Stephen Murray CCMP Capital: http://observer.com/2015/02/this-old-thing-private-equity-honcho-drops-little-place-uptown-for-11m/
He is truly a model of the American dream, starting out as a management trainee and working his way to CEO of his own firm. Not only was he a very successful businessman and entrepreneur, but he was well-known as a philanthropist.
Through his support of the Make-A-Wish Foundation, Stephen Murray helped grant many children with life-threatening illnesses their greatest wish. His contributions to Boston College and Columbia Business School helped provide today’s students with many of the same educational opportunities that helped shape his professional success.
His support of The Food Bank of Lower Fairfield County helped provide food to 85 non-profit groups focused on feeding low income individuals and families.
Most importantly, Murray’s lasting legacy can be celebrated through his wife and two sons, whom he loved dearly. Stephen Murray CCMP Capital will forever be remembered as a successful executive, philanthropist, husband and father who was truly worth celebrating.