Stephen Murray: The Businessman and Philanthropist

Stephen Murray, chief executive officer of the international private equity firm CCMP Capital, passed away on March 12, 2015 at the age of 52 from an undisclosed illness. He resigned from CCMP a month prior to his death due to his ongoing health issues. He is survived by his wife and four children.

Murray had an extensive work history in investing, buyouts, and business. He had earned a reputation for his skills as an investor, deal maker, and philanthropist throughout his extensive career. He worked in the industry for over two decades and, according to Fortune, served on the board of directors for several large, influential companies.

The most recent companies included: “Crestcom International, Infogroup Inc., Jetro JMDH Holdings, LHP Hospital Group, Octagon Credit Investors, Ollie’s Bargain Outlet, and Strongwood Insurance Holdings.”

Stephen Murray was an alumnus of Boston College, where he graduated in 1984 with his B.A. in Economics. He earned his M.B.A. from Columbia Business School five years later. He began working for MH Equity Corporation in 1989 and continued to work with the company as it was purchased and changed names multiple times and he eventually participated in the formation of CCMP.

He worked for JP Morgan in 2005, when CCMP was formed. CCMP was a spin off from JP Morgan Partners. The name CCMP represents the companies which were part of its creation: Chemical Ventures, Chase Capital, Manufacturer’s Hanover Capital / JP Morgan, and Partners.

Parts of these firms were combined to create the company, which Stephen Murray became the CEO of in 2007, replacing Jeff Walker. Greg Bennemen took over the position after Murray’s departure and credited Murray’s contributions for the success of CCMP. Learn more about Stephen Murray CCMP Capital: http://www.wsj.com/articles/ccmp-capital-advisors-gets-backing-to-resume-investing-from-fund-1430946145

Philanthropy was also a large part of Stephen Murray’s life. He was actively involved in a variety of philanthropic ventures which included serving on the council for the Make-a-Wish Foundation and the board of trustees for his alma mater, Boston College. Stephen Murray CCMP Capital was also involved in supporting the local Food Bank and the Stamford Museum.