Harry Crosby (businessman)
Harry Lillis Crosby III | |
|---|---|
| Born | August 8, 1958 Los Angeles, California, U.S. |
| Occupation(s) | Investment banker, former actor |
| Years active | 1965–1984 (acting) |
| Known for | Investment banking career, former acting roles |
Harry Lillis Crosby III (born August 8, 1958) is a U.S.-based investment banking professional and former actor, recognized as the fifth son and namesake of legendary entertainer Bing Crosby.
Personal life
Crosby was born at Hollywood Presbyterian Medical Center in Los Angeles. He is Bing Crosby's fifth son and the eldest child from Bing’s second marriage to actress Kathryn Crosby. His siblings include Mary Crosby and Nathaniel Crosby, while he is half-brother to Gary, Dennis Crosby, Phillip Crosby, and Lindsay Crosby. Additionally, he is the nephew of both Bob Crosby and Larry Crosby.
Since 1985, Crosby has been active in investment banking and currently holds a partnership at Cranemere. His educational background includes studies at the London Academy of Music and Dramatic Art from 1977 to 1980, followed by an MBA earned at the Gabelli School of Business at Fordham University.
Investment banking and private equity
Crosby launched his financial career at Lehman Brothers in 1987, progressing through roles from associate to director.
In 1993, he assumed the role of managing director within the Credit Suisse Financial Sponsors Group, where he developed significant industry connections. Subsequently, he led as group head and managing director for North America Financial Sponsors Group at Merrill Lynch, overseeing clients such as KKR, Carlyle, and Bain.
Joining Snow Phipps in 2005 as a general partner, Crosby focused on private equity investments emphasizing leveraged buyouts, build-ups, recapitalizations, restructuring efforts, and growth equity in small to mid-sized enterprises. He contributed to the transaction involving Excel Mining Systems' sale to Orica valued near $670 million.
By 2012, Crosby became a general partner at Cranemere, directing investments in middle-market private firms across North America, Germany, and Austria. He has also held board positions for companies including Excel Mining Systems.
Philanthropy
Crosby has engaged with philanthropic organizations such as the Monterey Peninsula Foundation, which supports initiatives in education, healthcare, human services, arts, community development, and environmental conservation.
A trained musician himself, he is actively involved as a fundraiser and board member of Jazz at Lincoln Center, a prominent non-profit performing arts organization located in Manhattan. His collaborations have included work alongside notable jazz artist and artistic director Wynton Marsalis.
Film and television
Prior to his finance career, Crosby gained early exposure to show business by performing with his family on Christmas TV specials between 1965 and 1977 and appearing at the London Palladium during 1976–1977. His acting credits include appearances in The Hollywood Palace, Friday the 13th, Riding for the Pony Express, and The Private History of a Campaign That Failed.
Filmography
| Film | |||
|---|---|---|---|
| Year | Title | Role | Notes |
| 1980 | Friday the 13th | Bill | |
| 1981 | The Private History of a Campaign That Failed | Cpl. Ed Stevens | TV movie |
| 1989 | Hollow Venus: Diary of a Go-Go Dancer | Cute Rocker | |
| 2006 | Going to Pieces: The Rise and Fall of the Slasher Film | Himself | Documentary; archive footage |
| 2023 | Midnight Bloodshed | Bill | Archive footage |
| Television | |||
| Year | Title | Role | Notes |
| 1966–1968 | The Hollywood Palace | Himself (singer) | Appeared in three episodes |
| 1970–1978 | Various Bing Crosby Christmas Specials | Himself | Multiple television specials |
| 1980 | Riding for the Pony Express | Albie Foreman | TV pilot episode |
| 1984 | Double Trouble | Steven | Episode titled "Heartache" |