Stephen P. Murray the investment genius

Investment in the capital market is a very tricky business. Many people try the company, but only the quick ones become a success. Even when they succeed, the pressure to remain performing is very high as the pressure on such organization is pretty intense. It is therefore not a wonder that only a handful people have managed to become billionaires as a result of such investment.

Nypost says that Stephen Murray had defied all the odds to succeed in the money market industry. Before his death at the age of fifty-two, he had risen to the highest echelons of the management of CCMP Capital. As the president and CEO of CCMP Capital, Stephen P. Murray was tasked with the responsibility of ensuring the organization remained sustainable ad profitable all through (read more at Wikipedia).

Stephen Murray went to Boston College from where he attained a bachelor’s degree in economics in 1984. However, in 1989, he received a master’s degree in business administration from Columbia business school. However, his investment prowess is not something that was given to him. He earned it through the many hours spent analyzing business ventures from his early days of his career.

Stephen P. Murray started off as a member of the credit analyst team of the HANOVER Corporation. In the year 1989, Stephen P. Murray got absorbed in MH Equity Corporation after the organization was formed as a result of the merger between Hanover and its private equity group.

A series of mergers between chemical banks, Chase Manhattan Corporation, resulted in the formation of CCMO Capital. In 2007, Stephen Murray was appointed the CEO of CCMP Capital and since the appointment, the organization experienced unprecedented success in his tenure.

Stephen Murray resigned a few month to his death citing poor health. His position in the firm was invaluable, and everybody would miss him. The current CEO and the other members of the corporation spoke well of his death reminding everyone where he had come with the organization.

However, Stephen Murray was a very generous person. His reputation for generosity presided him. Many institutions primarily schools are some of the organizations that benefitted from his generosity. Boston University from where he was an alumni was an example of the organization receiving his assistance.

Stephen Murray: Gone But Not Forgotten

It is always a sad day when someone with the influence, good-will, and kind nature of Steve Murray passes away. Of course, it is a day of sadness and a day of reflection, without a shadow of a doubt. It really puts things in perspective. Where does one start with someone as gifted and talented as Stephen Murray? He was the the chief executive officer of CCMP Capital Advisors, but sadly had to step down after health problems last month. He was only 52, and gone way too soon. However, Steve Murray’s memory and his accomplishments will not be soon be forgotten by those that were near and dear to them.

He wasn’t just your run-of-the-mill fellow. He was different and in a good way. Last year, their fund went up $3.6 billion on blogs.wsj.com, which shows that he is always on the rise and always looking for ways to make things better. Two words that come to me with Stephen Murray: Never satisfied. Of course, I mean that in the best possible way and as high praise. Too often, people reach some level of success and get comfortable and sit back and take it easy. That was never the case with Steve Murray.

Back in 1984, Steve Murray was hired as credit trainee at Manufacturers Hanover Trust Co. From there, through hard work and dedication, he become vice president of middle-market lending. After that, in 1989, Murray went to private equity and leveraged-finance unit of Manufacturers Hanover, which helped start CCMP. After three mergers, they were part of JP Morgan in 2000. That is just the tip of the iceberg when it comes to Steven Murray. I could sit here and tell you more about his accomplishments that were all earned not given, but there is more to a man than his job.

Steve Murray was heavily involved in helping out others and using his wealth for the better good. He was a big charity guy that loved to look out for others. He knows that not everyone is blessed to have money or doors open for them. Sometimes they fall on hardships and hard times. He made it a point to help those people and do all he could for them.