CCMP has lost one of the best deal maker and a terrific investor they have had in their company. The company former chief executive officer left the office a month before he passed away due to health related problems. He was the company president for a very long time and is largely responsible for the success of the company and its predecessors. Steve Murray lost his life in March 2015; Greg Brenneman succeeded him as the chief executive officer of CCMP Capital and he has also been working as the chairman of the company. Greg was saddened by that loss of Steve and the CCMP Capital partners to. He also pointed out the void that Steve’s family is feeling now especially his wife and children because Steve loved his family more than anything else.
Stephen Murray CCMP Capital is a global equity investor firm located in North America and with holdings in Europe. The company started in 1984 and has made profits of up to $16 billion since its initiation. The company was known as JP Morgan Partners back in 2006 when JP Morgan bought its holdings. Its partners are also investment advisers running private equity investments; in 2007 CCMP was ranked position 17 in the list of the world’s largest equity funds. The initials CCMP means chemical ventures chase capital, Manufacturers Hanover and partnerships which are the main focus of the company. It has also invested in very many portfolio companies.
Ex-boss Stephen Murray CCMP Capital has worked in the company for a period of 16 years. He was the CEO when CCMP was known as JP Morgan Partners, and he succeeded Jeff Walker to his past position. Murray has been private equity investment for over 30 years, and it is a field that he understood so well. He made Stephen Murray CCMP Capital successful and its predecessors too. He was great in investment and making deals. CCMP Capital recent boss Greg refers to his style of investment as terrific. Steve had participated in numerous board meetings before he left the company after health complications. His life as the CEO in CCMP Capital was a great thing for the company. He passed away at the age of 52 years, and CCMP feels sorry for his sons and wife.
CCMP thanks to Murray is handling its investments completely well. Their art in building portfolios in equity investments for a company is something to reckon with. The company targets to develop many other global markets as it has in America and Europe. CCMP has a very powerful value creation model and top-notch management that has created for the company team and its partners a great reputation in the whole world. Of its two strengths are industry expertise and proprietary operating resources hence increased profits for the company. The company partners also work as a team something promoting their productivity in the market.