CCMP Capital and What They Are
The CCMP Capital company is a private equity firm. The name CCMP in CCMP Capital comes from the names of their other organizations from the past, Chemical Ventures, Chase Capital, Manufacturers Hanover Capital/J.P. Morgan and Partners. The people who work with the Stephen Murray CCMP Capital company are all trained in buyout and growth equity investments throughout Europe and North America all around four different types of hand-picked industries. They have some pretty great management teams that help them, and with their strengths put together, with all of their operating resources and industry know-how, they are able to help the company grow and operate more efficiently. This company has been considered a independent firm since 2006 in August. While being a really great company, and having an exceptional team on their hands, they are still able to have their people manage the private equity portfolio that belongs to J.P. Morgan Partners. Since inception, the CCMP Capital company has put in around $12 billion into leveraged buyout and growth of the capital transactions. They have over 50 different employees that are currently working with the company to help them make a brighter future for the company.
What History There is Behind CCMP Capital
CCMP Capital was founded in 1984 and the company has not stopped growing, or changing their name since then. They have been known by many names since they first went into business in 1984, at that time, their name was Chemical Venture Partners. After their stint of being named Chemical Venture Partners, Chemical decided to take the Chase name and use it, and so Chemical Venture Partners soon became Chase Capital Partners. In 2000, after the acquisition of the J.P. Morgan & Co company, and the beginning of the JPMorgan Chase company, the company decided to change the name again to JP Morgan Partners, and they kept changing the names, until now, where they have so far, stayed with CCMP Capital. In 2007, CCMP was also presented with the ranking of 17 in the world’s largest private equity funds. They have a lot of offices that are spread all over the world, some of those offices are in New York, Tokyo, Hong Kong and London.
The Background on Stephen P. Murray
Born in 1962 on August 2nd, Stephen P. Murray was a philanthropist and an amazing businessman, he was an expert private equity investor too. In 1984, Stephen had graduated from Boston College having a new degree in economics. After Boston College, he went to Columbia Business School and was able to obtain a Mater’s degree in Business Administration. Stephen decided to take part in the Wall Street training program offered at Manufacturers Hanover Corporation in 1984 for credit analyst training. Then, in 1989, he has the great sense of business to join the MH Equity Corporation. Stephen Murray was the one who co-founded CCMP Capital in August of 2006 and in the year 2007, only one year later, he earned the title as CEO of CCMP. Before he passed away in 2015, Murray had become the President and Chief Executive Officer of CCMP Capital.