One of the most successful CEOs in the financial industry of New York who always took the time to give back to the community is dead. Stephen Murray, who served as the longtime CEO of CCMP Capital passed away from health complications at the age of 52 in February of last year.
Stephen Murray has left a huge whole at the private equity group where his colleagues say that he was one of the best deal makers that they had ever known. His storied career in investing and deal making, coupled with his philanthropic efforts, make him one of the most intriguing financial professionals in New York. Learn more about Stephen Murray CCMP Capital: http://observer.com/2015/02/this-old-thing-private-equity-honcho-drops-little-place-uptown-for-11m/
Childhood and Education
Murray was actually born and raised in New York. He was raised in Westchester, NY and lived there until he left to get his education. He had a strong education. He first got his bachelor’s in economics in 1984 from Boston College. After that, he moved back to New York where he got his MBA from Columbia College. He also started his professional career during the time where he was getting his MBA.
Hanover Trust Co.
Stephen Murray’s first job out of college was working as a credit trainee at Hanover Trust Co. in New York City in 1984. He had success at the firm right away. It took him just 5 years to climb the ladder at the company and become VP of Middle-Market Lending. During this time he also became a part of what would later develop into the CCMP fund after a few mergers.
Murray worked at Hanover until 1996 when the company merged with Chase Bank Manhattan. After a few other mergers, he became a part of Chase Bank. In 2005 Chase Bank put him in charge of all buyout activities at the bank as this type of deal had become something that he was very skilled at. This is especially true in the retail and the healthcare markets.
In 2006, CCMP struck out from Chase bank to prevent conflict of interest after a merger with Bank One and their private equity division. This fund was most designed to perform mergers and growth investing for mid-size to large corporations nationwide.
Some of the biggest companies that CCMP has invested in are Quiznos, Cabela’s, and Guitar Center. The funds typical investment for each transaction is between $100 and $500 million. They fund is estimated to be worth about $12 billion. Murray retired from the firm due to health complications last January and died the next month.
Malini Saba is the founder of Saban, which is a global company that retains different investment interests across the world. In my view, she is among the top investors and philanthropists in the world that have a South Asian Origin. Her company has invested in technology firms in the United States. Additionally, it has made investments in China’s oil and gas sector as well as in real estate in India and Australia.
I have never come across a zealous philanthropist like Malini. She established Stree: Global Investments in Women in 2001. It is a non-profit organization. Stree aims to transforming the way low income women and children globally view themselves and their roles in the community. It was launched by Bill Clinton, the former US president and Queen Noor of Jordan. The organization offers a way for women to access legal empowerment and healthcare. It also offers a medium for grassroots movements to link with public policy in Central America, Africa, Eastern Europe, and India.
In my view, she ranks high among the most generous people in the world. In June 2005, she gave $1 million to start the first Heart Research Center in the world for South Asians. The research center was located at El Camino Hospital in Mountain View, CA. Additionally, in 2004; she toured the areas affected by the Tsunami in India as well as Sri Lanka. She pledged $10 million to people affected in the Island nation.
Her investment profession started in the 1990s as a Silicon Valley venture capitalist. Saba has an extensive experience in the investment field. She has invested in over 20 technology firms that include Sycamore Networks Inc, and PayPal Inc., which was later acquired by eBay Inc for $1.5 billion. She also invested in Netscreen Technologies Inc that was acquired by Juniper Networks Inc for $4 billion. This information was first reported on the Huffington Post.
About Malini Saba
Malini Saba is a self made business person. She was born to Sri Lankan parents in Kuala Lumpur, Malaysia. Malini grew up in Australia. When she was 19 years, she moved to the US. She only moved with $200 to survive. Malini lived outside the Stanford University Campus as she pursued her education. She recalls that starting from scratch was never easy. Being one of the most visionary people I know, she has rightfully shown that with proper planning and execution, anything can be achieved. This information was obtained from Malini Saba’s website as explained by this link
Starting out in Silicon Valley, Malini ventured out beyond the borders of the United States in the mid 2000s. She invested in commodities in South America, Asia, and around the globe. So far, her biggest returns have come from the oil and gas industry. He rise in the business world has
Financial advice is hard to get. There are few people who truly understand how markets work. Because of this, getting a great financial is very difficult. Few financial experts have your best interests in mind when giving advice. In fact, many advisors simply want to make money off of commissions that they sell.
This is bad news for people who are looking to make a difference in their portfolio. Over the long term, getting quality financial advice can make a huge difference in your retirement savings. A small change in the rate of return on your investments can mean millions of dollars over the long term. Brian Bonar has all of the experience that you need in order to get quality advice. He has done a great job helping clients through the years with their financial planning. Learn more about Brian Bonar: http://www.bloomberg.com/research/stocks/people/person.asp?personId=185634&privcapId=29770
Buying Single Stocks
One of the riskiest ways to play the market is to purchase single stocks. Over the long term, the market tends to go up. However, there is a lot of volatility when it comes to your single stock purchases.
Few people understand how to play the stock market from week to week. Often times, it is better to simply buy an index fund that tracks the market rather than looking for ways to take advantage of single stocks.
This is one of the riskiest ways to invest, and if you are young it may be a good idea. However, for the vast majority of investors, buying a fund that tracks the overall market is often the best course of action.
Planning your monthly finances is a huge part of investing. Brian Bonar always encourages people to look at ways that they can reduce spending in order to invest more money in to their portfolio.
Over time, these small changes can really add up to big savings and investment gains. There are a lot of people looking for ways to trim the fat out of their budget. This can be in the form of coffee on Saturdays or simply eating out too much. Over the long term, there are a lot of people looking for ways to save more money.
According to XRepublic, In the future, Brian Bonar wants to continue to add value to other people through financial advice. He is really good at helping people get to the next level with their finances. If you have been searching for ways to add more value to your portfolio, getting quality financial advice is one of the best ways to do so.
Always look to the future when you are looking for ways to earn more money. Investing is a simple subject that is hard to execute over time.
The Midas Legacy is a firm that offers consultancy services consultancy services on wealth and success management. The main offices are located in Winter Garden, Florida and serves a huge diverse of clients. The firm serves clients who are upcoming entrepreneurs, people looking for an early retirement, investors, people looking for happiness, peace and better lives and individuals looking for natural cures. The primary goal of the firm is to enable its clients achieve their desired type of success. The mission of the firm is accomplished via offering capital to the members who possess the potential to positively change the lives of people engaged in the fields of finance, real estate, natural health and entrepreneurship.
The process to facilitate a client’s success starts the very moment that a customer consults the company. The clients are given The Midas Code, which is a free guide when they become members of The Midas Legacy. The organization brings in specialists that are well-informed in their fields to help in guiding the members about the various business sectors. The experts include successful entrepreneurs, bestselling authors, top stock market shareholders and other leaders in the field. All professionals who work for The Midas Legacy always strive to ensure that the members become successful in accomplishing their desires.
Read more: Real Estate Riches
About The Midas Legacy
The Midas Legacy is a company that is involved in research services and has a focus on wealth management advisory. It offers the research services to all persons who want to be more successful in their endeavors. It has been successful at helping investors on themidaslegacy.com in managing their money and provides solutions to people who have the potential to create a positive impact on various people in different areas of life like finance, real estate and also natural health. This is achieved through the various tips offered in The Midas Code by various top authors, entrepreneurs and investors. These tips are geared towards helping members of The Midas Legacy achieve success.
Wealth building and healthy living are the two essentials to having a happy life and having peace. The Midas Legacy has professionals that have been able to interact with clients on various levels. The organization is run successfully by experts such as Sean Bower, Jim Samson and Michael Edwards. These professionals have lots of consulting experience owing to their degrees and the reputations they have built in their fields. Jim Samson is a trading expert, entrepreneur and a real estate businessman. Sean Bower is an expert in Journalism and writes on the financial markets. Mark Edwards has experience with natural cures due to his knowledge in natural health.
Learn more about The Midas Legacy:
According to a very interesting online article that I read a few minutes ago, a New York City restaurant named Hard Times Sundaes is now featuring a breakfast burger on its morning breakfast menu.
Situated at the mammoth UrbanSpace Vanderbilt food hall, Hard Times Sundaes is widely known for its bacon-wrapped hot dogs, freshly cooked burgers, egg creams, milk shakes, and more. The UrbanSpace Vanderbilt food hall features more than 20 food vendors and is located at Vanderbilt Ave. and 45th St., New York, NY.
This article mentions how the owner of the restaurant was frequently asked by customers to put eggs on top of their burgers. He says that he is a purist, however, believing that eggs should be for breakfast.
The owner of the restaurant says that his creation of two eggs, cheese, bacon and a four-ounce beef burger on a poppy-seed Kaiser roll is not a burger with an egg on it. He insists that it is actually an egg sandwich that has a burger on it.
When I first thought about eating one of these sandwiches, the thought didn’t seem particularly appealing. By the time I finished reading the article, however, the sandwich seemed to sound much more appetizing. I can’t help but wonder, though, if customers can choose to have the egg in the sandwich cooked either fried or scrambled.
New York City’s Momofuku Nishi restaurant now offers Impossible Foods’ new 100 percent plant-based burger.
Impossible Foods is a California fake-food research company located in Redwood City that has received a lot of attention and funding in recent days. To be exact, this start-up gained $75 million in funding, mainly from workers in Silicon Valley.
Stanford University researcher Patrick Brown founded this company hoping to find a way to make a burger that tasted like the real thing, but that was more environmentally sustainable and used no meat. Brown’s years of studying genetics and biochemistry have culminated in the creation of the “Impossible Burger,” a burger made with absolutely no meat.
The main ingredients in the Impossible Burger are wheat, coconut oil, potato protein, and the heme molecule, which is the most important molecule in the protein hemoglobin.
So, how good is this plant-based burger? Well, most people who try this burger cannot tell the difference between a real burger and the “Impossible Burger.”
David Chang, the head chef and owner of Momofuku Nishi, was amazed after trying the “Impossible Burger” for the first time. After his first taste, Chang decided to put this product on his menu for customers to try. Since this is such a new product, there are only a few “Impossible Burgers” available each day.
Momofuku opened in January of 2016 and offers both walk-in lunch and dinner. They are located in the Chelsea district at 232 8th Avenue.
The croissant on its own is something that many diners enjoy as part of a meal, yet bakers continue to look for new ways to integrate their innovative concepts with this pastry. Adding different food items brings with it different tastes, with debate over the quality up to the individual diner.
At Union Fare, near Union Square in New York City, bakers have added some of the eatery’s already exotic flavors and combined them with this pastry to form croissant ice cream sandwiches. These are available for $8.50 apiece and diners have the opportunity to combine different flavors with each croissant.
Having the opportunity to eat a birthday cake croissant can be enhanced further by trying one that comes in a la mode fashion. There’s a plain pastry with caramel macchiato added on, red velvet with vanilla ice cream, matcha, crème brûlée with blackberry-hibiscus sorbet and cookies and cream. The sorbet is also available in strawberry and coconut. Refusing to stop there, Union Fare is looking at different concepts featuring cinnamon-sugar and s’mores.
Union Square’s footprint on New York City is such that it takes up a full city block. That massive size allows it to offer not only Union Fare but a restaurant, cafe and wine bar, raw bar and an eatery that offers pizza and other Italian dishes. Union Fare is open seven days a week, opening each day at 8 a.m. During the week, it closes up at 9 p.m., while weekends close up three hours earlier.
A recent article on GrubStreet compiled a list of the best grown up versions of favorite childhood desserts available in New York. From ice cream to s’mores, there’s an elevated version of everyone’s number one nostalgic treat!
Try an adult version of the ice cream sundae at Gristmill. This treat incorporates olive oil, fennel, strawberries, black pepper, and honey for an explosion of unique flavors. If you’re craving an ice cream sandwich, head to Win Son. You’ll get two deep-fried Taiwanese buns with vanilla ice cream in the middle and condensed milk on top. Cookshop serves up the soda shop classic Lime Rickey. You’ll get a glass of cucumber soda with lime granita and refreshing raspberry sorbet.
Hail Mary’s Mile-High Funfetti Cake will take you back to birthday party sugar highs. At Covina, get a slice of decadent chocolate truffle cake, made adult with lemon verbena ice cream on top. Mr. Donahue’s serves a Japanese-style strawberry cheesecake that will remind you of Mom’s summer strawberry desserts. For all the Italian kids, Bruno’s tiramisu will make you wax nostalgic while experimenting with the new flavors of berries and peanut butter mousse.
Daly Pie’s dark chocolate s’more, a pie with graham cracker crust, baked chocolate, and marshmallow meringue, puts a grown up spin on the traditional camping treat. BKW’s chocolate chunk cookies are just like Grandma used to make, except elevated with whipped ganache and caramel.
Wine lovers rejoice, the world’s first commercially viable rooftop vineyard has come to Brooklyn. Sprawling over 15,000 square feet, Rooftop Reds is already growing grape vines from fifty planter boxes spread atop the Brooklyn Navy Yard. This urban planter system was developed in conjunction with industry leaders from the Finger Lakes wineries and Cornell University, located less than an hour away in Ithaca, New York. The boxes are projected to be able to produce viable grape vines for the next twenty years.
The first harvest will occur in October 2016 and is expected to produce about 30 cases of New York City’s first urban vintage. A release is planned for the fall of 2017. The first varietals will include cabernet franc, petit verdot, malbec, merlot, and cabernet sauvignon.
The location also currently hosts a bi-weekly Pizza-Wine-Movie night and rooftop yoga on weekends. Event hosting is available for dinner parties, weddings, and other events. The space features a 600 square foot greenhouse lounge, 1200 square foot lawn space, a tasting room, hammocks, and spectacular city views.
As the wines mature and are available for service, Rooftop Reds will host a series of events including rooftop vineyard happy hours, wine and cheese tasting events, educational vineyard tours, and pop-up dining experiences. Each event will bring the location closer to its goal of becoming New York’s most unique wine venue.
The creative ways with which hamburgers are made has seen many innovations take place simply within the last decade. Within the many choices of other food that lie within the UrbanSpace Vanderbilt in Midtown, Andrew Zurica is taking his Hard Times’ Sundae kiosk’s concept of hamburgers and making it something to enjoy for breakfast.
Though some may scoff at the prospect of an increasingly health-conscious society embracing this idea, Zurica’s idea was actually popularized by his kiosk’s guests desire to include eggs within a burger. The end result is a breakfast burger, which flies in the face of those concerned with healthier eating.
The makeup of the burger includes two fried eggs that are soaked in a healthy supply of butter. An equally large supply of cheese is included along with plenty of bacon. The burger itself is a mere four-ounce patty, with all of the contents placed within a Kaiser roll that’s filled with poppy seeds and made in Brooklyn.
Zurica notes the size of the patty by saying that it serves as a complement to the egg. That’s in contrast to the usual approach of just throwing an egg on top of a burger and serving it up. Unlike the recently revamped policy of McDonald’s to sell its breakfast foods throughout the day, he only makes it available in the morning.
Known for his different takes on hamburgers and hot dogs, Zurica’s hamburgers are usually made from ground chuck and have generous helpings of American cheese on them.