Finding sound investments is more of an art form than rudimentary investing nowadays. With all the differing factors that an investor has to consider, it’s a wonder how individuals or financial entities make any money at all in an ever changing market. It takes multiple individuals with a wide range of expertise and virtually unlimited resources to properly ascertain the ebb and flow of the financial markets and navigate through them safely.
Stephen Murray CCMP Capital, a major private equity investment firm, was formed from humble beginnings. It was originally a capital management entity operated by Chemical Bank. This subsidiary, Chemical Venture Partners was eventually dissolved in 1984. Chase Manhattan Bank purchased the remnants of the firm from Chemical and renamed it Chase Capital Partners. The new name was intended to be a reflection of the old and new companies merging to form a dynamically synergistic partnership. In 2000, the name of the entity was changed once again to simply JP Morgan Chase. During this time, the company invested in the resources of several other brokerage houses, including Manufacturers Hanover, The Beacon Group, Robert Fleming and Co. and others.
CCMP has a extensive portfolio of companies under its control. It has invested nearly $12 billion over the course of its history, and have branched out into different financial markets all over the world. The company holds the distinction of being one of the 20 largest equity firms in the world, according to Wikipedia. The main interest in Stephen Murray CCMP Capital is investments in leveraged buyouts and equity growth opportunities.
CCMP owes much of its growth and expansion to its president, Stephen Murray. After the company was spun off from JP Morgan Chase, he assumed CEO responsibilities of CCMP in 2007. Murray had extensive experience with capital finance markets and running large-scale businesses. He held executive positions at a number of some of the largest business in America, including Aramark, Warner Chilcott, AMC Entertainment and other well-known companies. Utilizing his vast resources and his knowledge of business and the markets, Murray was able to bring CCMP from near obscurity to its current position as one of the largest private equity firms in America.
Over the past eight months, the company has been putting the finishing touches on its newest fund offering. The fund, entitled CCMP Capital Investors II is the first fund originating from the original CCMP since its split from the JP Morgan Chase conglomerate. The fund received an initial infusion of $3.5 billion in capital pledges in its first fund-raising go around.
Properly investing in the financial markets takes experienced and committed personnel with the know-how to properly understand and dissect the nuances of various financial markets and sectors. CCMP brings a wealth of experience to the table, and because of this is considered one of the most successful and prolific private equity firms in the world.