Scarlettie Books

The Growth of CCMP Capital and Stephen Murray’s Contribution

INTRODUCTION
It is the dream of every business to make profit in every venture. For a business to be assured of making a profit in an investment, it must conduct thorough background information on the venture. This is what CCMP Capital which is a firm that specialises in private equity does to ensure that it remains relevant and profitable in the market. It engages in buying existing businesses and making them big as well as providing capital for other businesses and earning a stake as a result.

ABOUT CCMP CAPITAL
Stephen Murray CCMP Capital was formerly part of JPMorgan Partners and parted ways in 2006 to operate on its own. It has continued to witness growth since its exit which was confirmed through ranking as number 17 in the list of the most successful private equity funds. It has expanded its services to various parts of the world through opening offices in various cities such as London, Tokyo, New York and Hong Kong. Their aim is to reach as many clients from all over the world. This will ensure that their profits increase as they serve more customers from various parts of the world.

ABOUT STEPHEN MURRAY
The firm has a team of qualified employees who give their best to ensure that the firm remains a leading private equity firm. Among the people who ensured that the firm rose to its current situation is Steve Murray who was a private equity investor and the chief executive officer at the firm from 2007 taking over from Jeff Walker. He held the position of the firm’s president until 2015 when he resigned citing medical reasons. He died a month later which was a big blow to the investment world due to his long service to the industry. He was succeeded by Greg Brenneman as the firm’s top executive. He studied at Boston College where he graduated with a degree in economics and went further to attain business administration master’s degree from Columbia Business School. He worked in various organisations in different positions where he gained experience which saw him to the top of his career. He served in several boards where he advised on investment matters. He was also known for his philanthropic behaviour which saw him make several donations to various foundations.

CCMP Capital continues to thrive in its business as a private equity fund on NY Post due to the commitment of it employees and the kind of professionalism they exhibit. Their mission is to uplift those start-up companies that have fewer funds to support or extend their business operations. Apart from providing funds to the companies, CCMP Capital also provides advice on the best venture a business should take. This reduces the chances of making loss for the business.