Category Archives: Equity Firm

Stephen Murray has Played a Major Role in the Formation and Success of CCMP Capital

CCMP Capital is one of the largest private equity investment companies in the world founded by  Steve Murray. It is based in New York City. The investment corporation was formed in July 31, 2006. Over the years that it has been in operation, it has invested over $16 billion in transactions that focus on growth capital in addition to leveraged buyouts. In 2007, CCMP Capital was ranked number 17 among the world’s leading private equity funds. Initially, it was known as J.P. Morgan Partners before the investment specialists detached from JP Morgan Chase.

CCMP Capital was originally created as Chemical Venture Partners to serve as the venture capital as well as the private equity arm of Chemical Bank in 1984. In 1996, Chemical Bank acquired Chase Manhattan bank thus changing the name to Chase Capital Partners. Subsequently, J.P. Morgan & Co. was acquired in 2000. This acquisition led to the creation of JP Morgan Chase before again changing the name to JP Morgan Partners. The platform expanded over time owing to the integration of private equity organizations of Chase Manhattan, Manufacturers Hannover, Hambrecht & Quest, The Beacon Group, Robert Fleming & Co, and J.P. Morgan & Co.

In 2004 reported by NY Post, JP Morgan Chase fully acquired Bank One. It had its own private equity investment called One Equity Partners that was eventually designated as the main private equity of JP Morgan Chase. At that point, JP Morgan Partners formalized its spin out from JP Morgan Chase and announced the outcomes on March 2005. The separation became effective on July 31, 2006 with the creation of CCMP Capital.

Presently, CCMP Capital has established itself as a premier partner in handling various types of investments. It has earned the trust of the leading limited partners around the world particularly within the private equity asset category that include sovereign wealth funds, high net worth investors, and funds of funds. CCMP Capital majorly invests in four key areas where it leverages its industry expertise alongside its proprietary operating resources. The targeted sectors are energy, industrial, consumer/ retail and healthcare.

CCMP Capital has achieved immense success through its commanding value creation model, active management, as well as the prudent leadership demonstrated by Stephen Murray. He has been part of every strategy that the firm has made leading the way in making important decisions. His expansive expertise in varying fields has helped the firm realize its objectives thus higher profitability margins. Murray started working at Manufacturers Hanover Corporation in 1984. He then proceeded to serve in all the entities that created CCMP Capital. He has been the president and CEO of CCMP Capital. Murray has been a great deal maker as well as a terrific investor and one of the people that have made positive contributions to the achievements registered by CCMP Capital.