CCMP Capital is a private equity investment firm located in New York City. The company was founded in 1984 and their main products are leveraged buyout and growth capital, in which Stephen Murray CCMP Capital has invested about $12 billion in such transactions since the company opened. They also manage private equity funds. CCMP has been ranked #17 among the world’s biggest private equity funds.
Although headquartered in New York, CCMP has locations in London, Hong Kong and Tokyo as well. In the same year that CCMP was founded, their former president and CEO was graduating from Boston College. After working in other financial ventures, Stephen Murray became the head of the buyout business in 2005. At the time, the company was called JP Morgan Partners. Murray went on to jointly open CCMP Capital, which was a separate sector of JP Morgan Chase. CCMP contained the buyout and growth equity teams of their private equity group. Soon after finding this business, he was named the CEO of CCMP Capital.
Stephen Murray, in addition to his deep involvement in CCMP, served on many boards of very large companies. Some of these were Aramark, Cabela’s, Warner Chilcott, Generac Power Systems, AMC Entertainment, The Vitamin Shoppe, and Pinnacle Foods. He was also a philanthropist, supporting his local Make-A-Wish Foundation, Boston College(his alma matter), food banks, The Stamford Museum, and Columbia School of Business. He served as the vice chairman at Boston College of the board of trustees. He was also a member on the chairman’s council at his local Make a Wish Foundation.
CCMP has been through several name changes over its history. It was originally formed to be the private equity sector, as well as the venture capital sector, of Chemical Bank. CCMP Capital was one of several spinouts that were produced from JP Morgan Partners. Other companies that emerged were Panorama Capital, Unitas Capital, and Linzor Capital.