CCMP Capital refers to a global private equity firm that mostly focuses on growth capital and leveraged buyout transactions. It was initially founded as the Chemical Venture Partners in the year 1984 as the venture capital and private equity arm of the Chemical Bank. In 1996, Chemical Bank acquired Chase and changed its name to Chase Capital Partners which later changed to JP Morgan Partners after it had acquired J.P. Morgan & Co. in 2000. In the year 2006, the group independently spun out and in the following year, Stephen Murray CCMP Capital was named its Chief Operating Officer, a post he took over from Jeff walker, the group founder. CCMP Capital has employees exceeding 50 and has offices in New York, Hong Kong, London and Tokyo.
Ever since its establishment in the year 2006, CCMP Capital has continued to nurture the continued success of the investment strategy that was developed and subsequently implemented by the professional members of the firm. CCMP Capital has invested well over $16 billion in growth equity and buyout transactions ever since the year 1984. This private equity firm leverages on its combined strengths of its own industry expertise as well as proprietary operating resources to spur its investments in its four main target sectors. These targeted sectors are Industrial, energy, consumer/retail and Healthcare. The global firm has also made its reputation of being a world-class investment partner through its value creation model that is powerful and its active management. Greg Brenneman was hired as the Chairman of CCMP in the year 2008.
About Stephen Murray
Stephen Murray CMP Capital also referred to as Steve, was born on 2 August 1962 and passed away on March 12 2015. He was a philanthropist and a private equity investor. He served at CCMP Capital as both its C.E.O. and president. He had graduated from the Boston College with an Economics degree in the year 1984 and five years later graduated with a Masters in Business Administration degree from the Columbia Business School. He became part of the Manufacturers Hanover Corporation’s credit analyst training program. He then joined the MH Equity Corporation in 1989 which combined the private equity group of Manufacturers Hanover finance unit. After several acquisitions and mergers, Murray ended up being the buyout business head at the JP Morgan Partners. Later on he co-founded the CCMP Capital which was a spinout from JP Morgan Chase in 2006 and he was named as its CEO in the year 2007. During his illustrious career he served as on the boards of several major companies like Generac Power Systems, Aramark, Warner Chilcot, Pinnacle Foods, AMC Entertainment, Legacy Hospital Partners and The Vitamin Shoppe. Murray left the CCMP Capital a month before he passed on in March this year due to health-related reasons.