Distinguished Business Leaser Stephen Murray Passes Away

Few people have made as large an impression on the private equity investment world as Stephen P. Murray. Unlike many other business leaders, he also made a deep impression in the world of philanthropy. Sadly, he recently passed away.

He was only 52 years old. His friends and colleagues are very saddened by his loss. His wife and children are, of course, deeply grieved. The world itself is a poorer place now that he is gone.

He was the President and chief executive officer of CCMP Capital. He had the distinction of co-founding this firm. It was, at one time, one of the world’s largest private equity companies.

Formerly known as Chase Capital Partners, it transitioned into JPMorgan Partners when J. P. Morgan purchased Chase. It became independent in 2006.

Mr. Greg Brenneman, who acted as Chairman, has taken over the CEO position. He expressed eloquent condolences to Steve’s wife and children, an extoled him as “a terrific investor.”

Stephen Murray CCMP Capital had apparently been feeling poorly for some time, and he resigned for health related reasons last month. He had been working with the firm since 1989.

Mr. Murray had extended himself in his career by sitting on numerous board. These included major companies and some that were not as well known. Learn more about Stephen Murray CCMP Capital: https://www.pehub.com/2007/10/5-questions-with-stephen-murray/

To name a few, he helped lead Strongwood Insurance Holdings, and he had an impact with Ollie’s Bargain Outlet. This shows a versatility in Murray and reflects a community concern that included others.

In keeping with this concern, Murray had earned a reputation as a philanthropist. He avidly supported the Make-A-Wish Foundation of New York, and he gave significant help to the Food Bank of Lower Fairfield County.

He supported education by giving to Boston College and the Columbia Business School. He was an alumnus of both institutions. He also supported the Stamford Museum.

By doing more than just business, he became the kind of individual people sought out for help with governing and directing their concerns. He sat on the chairman’s council for the Make-A-Wish Foundation of Metro New York and was vice chairman of the board of trustees at Boston College.

Stephen P. Murray lived in such a way that others should try to follow his example. Many people struggle in the world of finance to make money, whereas he clearly tried to do more. This speaks well of the character he earned.

Stephen Murray: A Man to Remember for All Times

It has been two months since the death of Stephen Murray, but it has still shaken many people to their core and hit them hard.  He, of course, was was a private equity investor and philanthropist.

While those are two very different things, they show what kind of human being that Stephen Murray was and why he is still remembered to this day and will be for quite some time.  As an investor, he was someone with great foresight on the future.

He knew what to expect before it would happen sometimes.  He had his pulse on private equity and knew when to invest.  This helped him help others.  He was a well-known philanthropist and it takes a special kind of person to do that.  These days, so many people are only interested in their own money and things they can buy with it.

They don’t even think of others or how they can help them, guide them, or be there for them.  That is not the case with Stephen.  He was always looking to help others as much as possible.  That, more than anything, is the legacy of Stephen for  me.

He was someone that was aware of others, cared about others, and wanted to do that all that he could to help them.  In addition to that, he was the president and chief executive officer of CCMP Capital, a private equity firm which helps with buyouts and growth equity transactions.  What this tells me is he that Stephen Murray is a versatile individual that is not afraid of any challenge that is put in front of him.  Nothing is too big or too small for him.

He can handle it all with flying colors and then some.  While others might say, why me?  He says bring it on, and I can handle this.  He was the kind of person that embraced change and embraced challenges.  He never shied away from them. Read more: http://observer.com/2015/02/this-old-thing-private-equity-honcho-drops-little-place-uptown-for-11m/

Stephen still had a lot to accomplish and he was gone from us far too soon.  However, his legacy will remain forever, and that is something that no one can take away from him.  His accomplishments in both his career and in his life will remain forever. Read more: http://culturebytes.org/the-exponential-growth-of-ccmp-capital-under-stephen-murrays-leadership/

He was a rare, one-of-a-kind individual and someone we should always remember and cherish.  As the expression goes, people forget what you do, but they never forget how you make them feel.  Stephen made a lot of people feel very good.

Learn more about Stephen Murray CCMP:

http://www.nytimes.com/2015/03/01/realestate/west-village-townhouse-for-17-million.html?_r=0
https://www.pehub.com/2007/10/5-questions-with-stephen-murray/