The investment industry is rapidly recovering due to a major economic recovery. People are heading to new and exciting jobs. People love the rapidly recovering economy and the money they are receiving. Many people are looking for a place to invest their money, so major firms are growing to accommodate that surge in investments. There are several major players in the business world, but one leader that left his impact on the world is Stephen Murray.
Stephen Murray was born in the New England area. He excelled in school, and his teachers really appreciated his efforts. He easily earned his spot at Boston College. He worked hard throughout his time at BC, and he easily earned his degree in economics. After graduating in 1984, Stephen received a job at Manufacturers Hanover Corporation.
Stephen started out as a credit analyst at Manufacturers Hanover Corporation, but he wanted to move up the corporate ladder. To ensure that he made progress throughout the business, Stephen attended Columbia Business School. He earned his MBA from Columbia in 1989, and he immediately started working for MH Equity Corporation.
Stephen excelled at MH Equity Corporation, but it was a chaotic time for banking firms. MH Equity merged with Chemical Bank in the early nineties. Chemical Bank merged with Chase Manhattan, which then became JP Morgan Chase. Throughout the nineties, Stephen continued working vigilantly and he quickly became known as one of the brightest minds within the company. Learn more about Stephen Murray CCMP Capital: http://www.nytimes.com/2015/03/01/realestate/west-village-townhouse-for-17-million.html?_r=0
In 2006, JP Morgan began looking to spin off several divisions within the company. Stephen was an obvious choice to lead the buyout and growth equity team. That team was spun off into CCMP Capital, and Stephen was appointed CEO in 2007. Stephen Murray CCMP Capital was extremely excited to receive this opportunity, and he knew he could make a difference.
CCMP Capital excelled under Stephen Murray’s leadership. The firm grew considerably throughout the 2000s. Today, the firm has $12 billion invested in their leveraged buyout and growth capital transactions. Now, the firm is ranked as the 17th largest private equity fund in the world. Unfortunately, Stephen Murray passed away in 2015. He leaves behind a major legacy, and he managed to make the firm into a power.
Stephen Murray made a major impact on the business community. He is remembered fondly by his friends and peers. CCMP Capital remembers him as a brilliant leader, and today the company is fantastic shape for years to come.