CCMP is one of the largest private equity investment firms that specializes specifically in both leveraged buyouts as well as growth capital transactions. CCMP ha changed its name ever since its founding in 1984 and is a broken off branch of JP Morgan Partners. CCMP has approximately around $12 billion in both leveraged buyout as well as in growth capital. With the amount of assets circulating within this company, CCMP has been honored with being ranked as the world’s seventeenth largest privately equity firm with funds. With the company’s growing success, the company has over 50 employees along with several different offices setup in New York, London, Hong Kong, as well as in Tokyo.
Over the past few decades, ever since CCMP was founded, the company has continuously been changing names. In 1984, when the company was founded, CCMP was originally founded as Chemical Venture Partners. In 1996, when Chemical Bank acquired Chase Manhattan Bank, the entirety of the company was changed to become Chase Capital Partners. In 2000, with the acquisition of JP Morgan & Co, the company, yet again, changed their name to become JP Morgan Partners. With over 30 years in the business of investment, the current day CCMP is an efficient firm that offers quality based solutions thanks to Steve Murray, former CEO of the company.
Steve Murray, was a former private equity investor as well as a former philanthropist who took pride in the organizations that he donated to with the hopes that it would make the world a better place. With a degree in economics, Mr. Murray has been trained to look at investments. One of his first jobs fresh out of college was to become a part of a credit analyst training program. With his experience and his talent in the investment industry, Stephen Murray later went on to develop CCMP Capital which is a spin-out of JP Morgan Chase. Stephen Murray was named as the CEO of CCMP in 2007.
In addition to this role as CEO of the company, Stephen Murray has sat on numerous boards of major companies. Some of these companies include Aramark, Generac Power Systems, AMC Entertainment, Cabela’s, Pinnacle Foods, and many others. In addition to his success, Mr. Murray has been able to make large contributions to philanthropic organizations. One of his favorite organizations to donate to is the Make A Wish Foundation in Metro New York. Mr. Murry wants to see a smile on these kids’ faces as they earn a surprise. Other organizations that receive his generous donations include Boston College, the Food Bank of Lower Farfield County, Stamford Museum, as well as Colombia Business School. Every place he donates to are organizations that have contributed to his success. He passed away at age 52 according to a report by Fortune.com