The closing of
Stephen Murray, CCMP Capital president and chief executive officer said: “The closing of CCMP II is both a significant milestone for our firm and the recognition of the success of our investment strategy, which has generated superior returns for our investors. We believe that exciting investment opportunities have been created by current market conditions and we are well positioned to pursue and capitalise on these opportunities.
Fund raising for CCMP II was met with considerable enthusiasm from investors and has a more diversified investor base than the previous fund.
CCMP II has already invested in three companies, two in the industrial sector and one in the consumer sector. These are