Stephen “Steve” Murray, private equity investor and benefactor, was born August 2, 1962, and was raised in New York. After graduating from high school, he attended and obtained a degree in Economics from Boston College in 1984. He joined Manufacturers Hanover Corporation and obtained his master’s degree in business administration from Columbia Business School, Manhattan, New York City, in 1989.
Mr. Murray began his career as a member of the credit analyst training program at MH Equity Corporation in 1989. He held positions in investments in other institutions including Chemical Venture Partners, Chase Capital Partners, and J.P. Morgan Partners. Known for his patience, he was very proficient.
Mr. Stephen Murray co-founded CCMP Capital, a global private equity firm and a 2006 break off from JPMorgan Chase, to avoid disagreements with the bank’s customers. Mr. Murray was eventually named its CEO. His investment concentration was in consumer, retail, and services; financial services; and healthcare infrastructure. CCMP focuses on consumer/retail, industrial, healthcare, and energy, and has invested in 1-800-Flowers, Cabella’s, Quiznos Sub, and Triad Hospitals. With talented and educated staff, CCMP has been successful. Mr. Murray, due to health reasons, left the firm earlier this year, and Mr. Greg Brenneman assumed his duties after his departure. He was with the firm for 16 years and served on the boards of Infogroup Inc., Jetro JMDH Holdings, LHP Hospital Group, Ollie’s Bargain Outlet and Strongwood Insurance Holdings, among others.
Stephen Murray was married to Tami Monti, and together they had four children, all boys. He was a generous supporter of many organizations, including the Make-A-Wish Foundation of Metro New York, the Food Bank of Lower Fairfield County, Stamford Museum located in Connecticut, Boston College, and Columbia Business School. He was 52 years old at the time of his death.