Stephen P. Murray’s Contribution to the Growth of Private Equity Investment

For the past few decades there has been an increase in private equity firms in the United States. They have significantly contributed to the growth of private companies in their growth and better and effective management. Essentially, the primary role of a private equity firm is to provide working capital that can be used to acquire more assets or increase the working capital for a private company that is not listed on the stock exchange market in which Stephen Murray played a major role.

The private investment firm ought to make strategic investments in private companies that are likely to increase the profits that the individual investors as well as institutional investors put in the investment firm. On the other hand, this type of private equity investing helps companies with much needed money to expand operations and increase their revenues without issuing shares publicly to the company.

One of the firms that have been successful at this is CCMP Capital which is based in New York in the United States and has other offices in Hong Kong China, London and Tokyo in Japan. It was formerly called JP Morgan Partners and the name reflects the heritage of the organization which is Chemical Ventures, Chase Capital and JP Morgan Partners. This firm has invested close to twelve billion in leveraged buyouts and growth capital since it begun independent operations in August 2006.

CCMP Capital was ranked among the best performing private equity firms in the world. One of the people who have significantly helped CCMP Capital rise to where it is the former president and Chief Executive Officer of the firm. Being an astute investor for a long time, Stephen Murray’s experience was invaluable towards the growth of the firm (read more at Talk West Radio).

It was a sad day at CCMP Capital offices in New York and other places following the announcement of their former president Stephen P. Murray. He had helped the firm grow since 2006 and its subsequent ranking as one of the best private equity firms the following year. He is a graduate of Boston College and holds a master’s degree in business administration from Columbia Business School.

Apart from his success at the firm, he contributed to philanthropic activities across the United States of America. Stephen Murray supported the Make-A-Wish Foundation of Metro New York. This foundation mainly helps children suffering from life threatening medical conditions. He has also supported Boston College, the Food Bank of Lower Fairfield County, Stamford Museum and Columbia Business School.