Category: Financial Strategies

Functions of CCMP Capital as Advanced by Stephen Murray

CCMP Capital is a global private equity investment firm based in New York, the world’s largest regional economy according to crunchbase. Founded in 1984, the firm concentrates on leverages buyout and growth capital investments in Europe and North America. CCMP Capital generally invests millions of equity in companies to make public companies private, grow developing businesses, equalize over -levered capital structures and help founder-owned businesses by providing estate diversification solutions. The firm targets four sectors of the economy which are consumer/retail, industrial, healthcare and chemicals/energy.

CCMP Capital was originally founded as Chemical Ventures Partners where it served as the private equity and venture capital arm of Chemical Bank, whose headquarters were in New York City. Later in 1996, after acquiring Chase Manhattan Bank, Chemical Ventures Partners changed its name to Chase Capital Partners. In 2000, the new brand again acquired J.P Morgan & Co. and J.P Morgan Chase then changed its name to JP Morgan Partners. During this period, the brand expanded again after integrating private equity organization including Manufactures Hanover, Robert Fleming & Co, Chase Manhattan, Hambrecht & Quist and The Beacon Group.

In 2004, Bank One was completely acquired by JP Morgan Chase. JP Morgan Partners announced the spin out from JP Morgan Chase in March of the following year, which was to be effective in July 31, 2006. This marked the birth of CCMP Capital, the acronym in reference to JP Morgan Partners’ predecessor entities; Chemical, Chase and JP Morgan. In 2007, CCMP Capital was ranked seventeenth among world’s largest private equity funds. The firm has invested approximately $12 billion in leverage buyout and growth capital transactions. The global private equity firm has over 50 employees with offices in New York, Tokyo, London and Hong Kong.

Stephen Murray CCMP Capital is trusted by a good number of the world’s most established limited partners. The firm’s ream of investors include diverse constituencies like corporate pension funds, public, sovereign wealth funds, funds of funds, endowments and foundations, and high net worth investors. With a high sense of partnership, teamwork and diversity, the firm collaborates closely with management teams at every step of investment after which, the process is actively monitored through constant interaction with the portfolio company management.

A successful company means great leadership. Behind CCMP Capital’s success was an exceptional leadership of Stephen Murray. Murray was a private equity investor and philanthropist having a masters’ degree in business administration from Colombia Business School. He became the president of CCMP Capital and was named the CEO in 2007. He served at the firm until early 2015. Stephen Murray also served on the board of major companies like Aramark, Warner Chilcott, The Vitamin Shop, Generac Power Systems, Legacy Hospital Partners and AMC Entertainment. Murray’s philanthropic nature saw him support Make-A-Wish Foundation of metro New York, Boston College and Colombia Business School.