Philanthropist Stephen Murray died in his Stamford, Connecticut home on March 12, 2015. In his short 52-year lifetime, he served as the president and chief executive officer of CCMP Capital, which he founded in 2006. He also served on the Board of the Metro New York Make A Wish Foundation, and he made substantial contributions to the Lower Fairfield County food bank.
Murray received his undergraduate degree in economics from Boston College in 1984. His credit analyst training from Manufactures Hannover led to his Master’s in Business Administration from the Columbia School of Business in 1989.
Read more: CCMP’s Murray dead at 52
With his partner Jeffrey Walker focused on business strategies and investor relations, Murray and six other partners originated and executed investment contracts. CCMP Capital refined the investment strategies of J.P. Morgan Partners, LLC, Chemical Venture Partners, Manufacturers Hanover, and Chase Capital Partners. Investors, or limited partners in CCMP Capital, are public and private corporations, foundations, insurance companies, and high net-worth individuals. Murray also served as the vice chairman of the board of trustees of Boston College, his alma mater.
In 2011,Stephen P. Murray served as a member of the board and a partner in J.P. Morgan Partners, LLC in New York, New York specializing in securities trading, commodity contracts, and other financial investments. During his career with JP Morgan Partners, Stephen Murray increased the size of an average investment from $25 million to $200 million.
His Net Worth
After he died, Tami Murray, his wife, sold his 230 West 78th Street condominium for $11 million. The Murray’s primary residence on Farm Lane Road in Stamford, Connecticut offers 8,000 square feet of rural living space compared to the 3,840 square feet provided by the Upper West Side condo. The condominium featured spectacular views of the Hudson River, Central Park, and the Metropolitan Museum of Art.