CCMP Capital is one of the biggest banks on Wall Street, and it is a place where Stephen Murray refined his craft over many years with the company. He became the CEO of the company after working in nearly every other department, and I got to meet with him when he started working on his newest fund. Learn more about Stephen Murray CCMP Capital: http://observer.com/2015/02/this-old-thing-private-equity-honcho-drops-little-place-uptown-for-11m/
The fund is at full maturity now, but our company was invited to the fund when it was very new. Everyone who worked with Stephen Murray liked him, and he was able to help teach people about investing while also running a very large investment bank.
The first thing that happened when we met with Stephen Murray was that he told us about the new fund and how he planned to manage it. He thought that it made more sense for people to get the most out of the investments that they had, and it made even more sense for him to help us get in while it was young for the sake of our business.
We had to hear about his death from CCMP Capital because they were stunned by his passing, but it was something that did not stop the fund from trading and making money.
That helped us because we were trying to build a fund of our own, and we started working with people in Stephen Murray’s office who knew what he would have wanted for our account, according to Nypost.