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CCMP Loses One of Its Founders, Mr. Stephen Murray

26
Apr,2016

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On March 12, 2015 CCMP capital advisors lost one of it best employees, Mr. Stephen Murray to an illness, according to a Wikipedia article. Mr. Murray was the former chief executive officer and president, of the New York based investment firm. He had resigned a month earlier due to health reasons, leaving the company in the capable hands of Mr. Greg Brenneman. The news of his passing was confirmed by Alexandra LaManna, a company spokesman, thorough an email.

Stephen Murray was born in 1962 and was raised in the suburbs of Westchester county New York. He graduated from Boston University with a degree in economics. He later pursued a Master’s degree in business administration, from Columbia business school.

His career

Crunchbase reports that in 1984, Mr. Stephen Murray was part of the credit analyst training programme at Manufacturers Hanover Cooperation. In 1989 he went on to join Manufactures Hanover cooperation’s private equity group. Here he rose to the post of vice president of middle-market lending. After a number of buy outs and mergers involving various firms JP Morgan was established in 2000.

Stephen Murray stayed on thorough the changes and was appointed the head of the buyout business at JP Morgan, in 2005. The firm successfully bid for the publicly traded drug company Warner Chilcott, beating TPG, KKR and Blackstone.

This irritated TPG which finally led to the split that left CCMP capital, as an independent company. Mr. Murray was appointed CEO in 2007, and helped the firm navigate through the storm.

The firm specializes in middle-market buy outs and growth equity investments. CCMP normally invests up to $500 million, focusing on companies in consumer, healthcare and the energy sectors.

The 52 year old had been with the company for over two decades, and has been described as ‘terrific deal maker and a terrific investor’, by the current CEO Greg Brenneman. With him as the head of the company, they have managed to raise two multibillion dollar funds, with the latest closing at $3.6 billion.

His good deeds

Despite being a financial advisor, Stephen Murray was also a philanthropist. He supported various causes among them the Boston College, Columbia business school, the Make a Wish Foundation of Metro New York and the Stamford museum.

Stephen Murray was also the vice chair of the board of trustees at Boston college, as well as on the council for the Make a Wish Foundation. He is survived by his wife Tammy Murray and four sons.

Igor Cornelsen Helps People Get Around Brazilian Investments, Businesses And Properties

23
Apr,2016

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Someone who is trying to make sure that they are investing around the world the right way need some help when they get over the Brazil. Brazil is a great place to go to find new options for commerce, but there are a lot of people who are going to wonder how they will even get started. They can ask questions of Igor Cornelsen because he knows so much about Brazil, and they can ask him how he puts together his own portfolio.

A lot of people who are thinking about investing in Brazil will overlook the fact that they can invest in businesses instead of just investing in stocks. Investing in stocks on crunchbase.com is just one way to make money, but it might not be the best way for some people. People who are willing to get on the ground and do some work can ask Igor Cornelsen which businesses are the best ones to invest in, and they will learn pretty fast how to pick out the right companies.

There are companies that are building huge complexes in the country, and they are going to start making a lot of money the more people that show up for all these companies. Every company is going to see a surge in dividends to its investors, and people who invest in multiple businesses will be able to make a lot of money from the people they invest in instead of just investing in one business.

The people who are putting their money in businesses might actually open their own businesses, and that will be something that can pay them back as part of a family business. Igor Cornelsen knows how to pick the right places to start a new business, and he also knows what it would be like to come in and start a new business. Foreign companies do this all the time, but it is harder when people do it privately. They need someone like Igor Cornelsen to help them, and he will make sure people start their companies the right way.

People who are ready to invest their money in Brazil will like to talk to Igor Cornelsen because he is going to give them insight into things that they have not thought of before. He will help people spend their money in the right way when they come down to Brazil, and he will show them how to get through the stock market or starting a new business on thestreet.com. Brazil is a pretty complex economy, and having Igor Cornelsen on the team makes things a lot easier for everyone. There are just too many moving parts, and it helps to have an expert like Mr. Cornelsen on board to help.

Billionaire Investor George Soros Predicts Another Difficult Economic Year For China And The World

1
Apr,2016

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George Soros, the hedge fund billionaire and open society advocate on bloomberg.com, has been stirring the economic pot lately. In Sri Lanka, Soros told an economic forum that China was in more economic trouble than they are admitting. In Davos Switzerland Soros said the same thing, according to an article published by Bloomberg.com. Soros told both forums that the hard economic times that the Chinese will experience was practically unavoidable. Soros said he was not expecting that to happen; he is watching it happen. 




The slowdown in China has been going on for the last three years on politico.com, but when $16 trillion was wiped off global equities market in June 2015, there was little doubt that a global recession was brewing that would rival the 2008 meltdown.




It’s hard not the listen to Soros. His track record speaks for itself. He has made more than $22 billion betting on situations that are similar to the Chinese dilemma. In 1992, he made $1.2 billion when he shorted the pound sterling, and it was devalued by 20 percent. Mr. George Soros hedge fund Soros Fund Management is considered one of the most successful hedge funds in the world. The Hungarian-born octogenarian is a force to be reckoned when it comes investing, social causes and political campaigning. Soros has spent more than $6 billion trying to bring open societies to countries that disrespect human rights. 




The Soros Open Society Institute helps millions of people, and the former Nazi refugee spends most of his time and a lot of money trying to bring democracy to nations that have no understanding of that concept. But George is also committed to increasing the awareness that the world is tumbling into another economic meltdown, and it could be worse than the subprime mortgage debacle that started nine years ago. 




China is the main issue this time, but crashing oil prices, the refugee crisis, Middle Eastern wars and the possible collapse of the European Union are all playing a role in the new global recession, according to an article published about Soros by CNBC.com. Not all economists agree with Mr. Soros, however. Some economists say China is going through a manageable transition, and there is a certain degree of volatility, but that volatility is normal given the nature of economic principles. Most of the economists that take that position are Chinese. 




China is still forecasting more than 6.5 percent GDP product growth in 2016, and that will continue every year for the next five years, but according to Soros, that forecast is not accurate. China’s economy may grow by less than 3.5 percent in 2016, according to Soros and other economists, and that is considered a recession even though China doesn’t admit it.