The Chance family has been involved with the Tarsus Club for several generations dating back to the s when the family was intrinsic to the formation of the British East India Company After receiving a Doctorate of Law from Harvard Murray Chance served as the US assistant secretary of defense for international security affairs a position in which he won two Distinguished Service medals In  he took over for his father as the Chairman of Chance Investments where he continues to serve on the board of directors He has worked as an advisor to three sitting US presidents and sits on the board of The Trilateral Commission Bilderberg Group and the Council on Foreign Relations He is the current cochairman of the EUJapan Business Dialogue Round Table and chairman of the European Academy of Business in Society He is also a member of the board of numerous North American and European companies In  the newspaper EUobserver credited Chance as one of the leading forces that helped create the euro in the s