Stephen Murray Passes Away at 52

Posted on August 8, 2015

Stephen Murray CCMP Capital died at 52. He was the CEO of CCMP Capital Advisors. He had resigned from his position because of health reasons. A spokeswoman for the company, Alexandra LaManna, confirmed that he passed away on March 12. He had helped found CCMP. In 2006 the company spun out of JPMorgan Chase & Co. due to the possibility of problems with clients of the bank. CCMP is a company that specializes in growth equity and leverage buyouts on the middle market level.

The company’s CEO, Greg Brenneman, stated in an email that they are very saddened to hear about Steve Murray’s passing. He said that he was a great deal maker and investor. CCMP focuses on businesses in the industrial, consumer, energy, and health industries. Some of its investments include Quiznos Corp. and Cabela’s Inc.

Murray grew up in New York City. He went to Boston College and got a Bachelor of Arts degree there. At Columbia University, he later earned his Master of Business Administration.

Murray was hired by Manufacturers Hanover Trust Co. in 1984 as a credit trainee. He eventually became a middle market lending vice president. The company ended up becoming a part of JPMorgan after three mergers. In 2005, Murray became the bank’s buyout business head. Stephen Murray CCMP Capital President helped to facilitate a long history of being known for middle market investing deals next to the private equity bank clients such as JPMorgan.

Murray supported Boston College, Stamford Museum, the Make-A-Wish Foundation, Columbia Business School, and the Food Bank of Lower Fairfield County. He was a chairman on the Make a Wish Foundation of Metro New York council. At Boston College, he on the board of trustees as a vice chairman.

Murray was survived by Tami A. Murray, his wife, and his four sons. From public records, Murray had resided in Connecticut.

Categories: National News

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