CCMP capital is a private equity industry which was founded in the year 1986.it has its headquarters in 245park venue New York City in the United States. Initially this company was known as Chemical Venture Partners. The company focuses on transactions based on leveraged buyout and private equity funds. This company has invested an estimate of $12 billion in the products it offers. Stephen Murray CCMP Capital emerged position 17 among the private equity funds in the world in the year 2007. CCMP offices are located in Tokyo, New York, and London.It also has more than 50 employees who work to ensure all investments are accounted for.
Stephen Steve P. Murray is one of the people who can never be left out in a discussion when CCMP Capital Company is mentioned. Stephen is an American nationalist was born in august 2, 1962. He went to Boston College in Columbia where he concentrated on economics and therefore ended up graduating with a Degree in this field. He also went ahead to acquire a postgraduate Degree from Columbia business school. Here his main focus was on business administration.
Before becoming the CEO of CCMP in 2007, Stephen had worked on various levels within this great company. Stephen was one of the beneficiaries of a program offered by Manufacturers Hannover Corporation which trained people on credit analyst in 1984. In 2005 Stephen was made the head of JP Morgan Partners buyout business. Stephen went ahead to form CCMP Capital which its background was from JP Morgan chase this was an invention he came up with in August 2006. Murray also participated in most large companies’ boards, for example, Aramark and The Vitamin Shoppe.
CCMP originally served as a business capital arm and private equity of Chemical Bank. Following different changes and circumstances, the company name was changed again to Chase Capital Partners then to JP Morgan partners and finally settled on CCMP Capital Investment Company. In 2005, JP Morgan partners separated from JP Morgan Chase and announced this to the public. In April 2006 the sale of an interest that amounted to $925 million was completed by JP Morgan partners to JP Morgan Partners fund. Coincidentally,this spinout came about the same time other private equity groups were spinning out from banks with leading investments. A fundraising was done in 2007 and a lump sum amount of money that amounted to $3.4billion was able to be raised.
After the spinout with JP Morgan Partners this company focused on forming a new firm called Panorama Capital which its main focus was on venturing capital transactions. After a period of over a year Panorama closed its commitments and CCMP went ahead focusing on Unitas Capital and Linzor Capital. All these companies focused of private equity transactions and recorded values that were impressive.