Murray was the President and CEO of CCMP Capital. In addition to this he was a member of the Investment Committee in the firm. Before joining Stephen Murray CCMP Capital on wikipedia in 1989, worked with Middle Market Lending Division of Manufacturers Hanover where he was the Vice president. Murray was a holder of a Bachelor of Arts Degree from the University of Boston and a Masters Degree from the Columbian Business School.
Being a partner in the founding of Stephen Murray CCMP Capital, in 2006 led CCMP to move out of JPMorgan Chase and Company so that they could avoid conflicts with the clients of the bank. Last year, CCMP raised its latest funds with an additional $3.6 billion so that it would capitalize on what it specializes on. Typically CCMP Capital has been investing around $100 million to $500 million as equity for every transaction it is involved in. this is according to the information that is portrayed in its website.
It has been laying its focus on companies that deal with consumer, health care, energy sector and industries. Cabela’s inc., Warner Chilcott Plc and Quiznos Corp are some of its investments. Stephen had grown up In the suburbs of New York City in the County of Westchester County. In 1984, he was hired at a New York based manufacturing company where he served as a credit trainee. In 2005, Murray was named as the head of the buyout business for the bank.
There has been several spin out from CCMP including that of Linzor Capital Partner in Latin America and was focusing on private equity investment. It had been founded in the year 2006 by three people Carols Ingham, Alfredo Irigoin and Tim Purcell. In December 2008, a formal separation between the US and the European teams was completed thus changing its name from to Unitas Capital. CCMP that was in Asia was operating different equity investment funds and had invested in several that included the global fund.