Harry Crosby (businessman)

Harry Crosby
Born	Harry Lillis Crosby III (1958-08-08) August 8, 1958 Hollywood, Los Angeles, California, U.S.
Occupation	Investment banker, Investor
Years active	1985-present
Spouse(s)	Mihaela Skobe (2003-present)
Parent(s)	Kathryn Crosby & Bing Crosby
Relatives	Mary Crosby, Nathaniel Crosby, Gary Crosby, Dennis Crosby, Phillip Crosby, Lindsay Crosby, Denise Crosby, Bob Crosby, Larry Crosby

Harry Lillis Crosby III (born August 8, 1958) is an American investment banker.

Crosby was born in Hollywood, California, at Queen of Angels Hospital.^[1] He is the fifth son of actor and singer Bing Crosby, the eldest from Bing's second marriage to Kathryn Crosby (née Grandstaff). Harry is: the brother of Mary and Nathaniel Crosby; the half-brother of Gary, Dennis, Phillip and Lindsay Crosby; the half-uncle of Denise Crosby; the nephew of Bob Crosby and Larry Crosby.

Crosby has been in investment banking since 1985 and is a partner at Cranemere. He attended London Academy of Music and Dramatic Arts from 1977-1980 and received an MBA at Fordham School of Business Administration.^[2]

Investment banking and private equity

Crosby has over three decades of experience in investment banking and managing a range of private equity relationships. He began his career at Lehman Brothers in 1987, working from associate level to Director.

In 1993, he became Managing Director of the Credit Suisse Financial Sponsors Group, where he established key relationships. He subsequently became Group Head and Managing Director of Merrill Lynch’s Financial Sponsors Group, where he managed clients such as KKR and Bain.^[3]

In 2005, he became General Partner at Snow Phipps, a private equity firm specializing in leveraged acquisitions, build-ups, recapitalizations, restructuring, and growth equity investments, of small to middle market companies.^[4] He was involved in the firm’s sale of Excel Mining Systems to Orica for approximately $670mn.^[5]

In 2012, he became General Partner at Cranemere, investing in middle market private companies in North America, Germany and Austria.^[6] Crosby has also served on a number of other corporate boards, including that of Excel Mining Systems.^[7]

Philanthropy

Crosby has served on philanthropic boards, including the Monterey Peninsula Foundation, a charitable organisation that funds education, health, human services, arts, community and environmental projects.^[8][9]

As a trained musician, he is also an active fundraiser and board member of Jazz at Lincoln Center, a major performing arts institution structured as a non-profit organization and housed at the Time Warner Center in Manhattan, New York.^[10] He has worked alongside the likes of Wynton Marsalis, jazz trumpeter and artistic director of Jazz at Lincoln Center.^[11]

Film and television

Before his career in banking and private equity, Crosby gained show business experience at an early age, by appearing with his father and family on various Christmas television shows, and at the London Palladium in 1976 and 1977. He has appeared in several films and television programs, including The Hollywood Palace, Friday the 13th, and The Private History of a Campaign That Failed.^[12]

Filmography

Film

Television

References