The original Crosby business was established in Hong Kong in 1984 as a traditional stock broking firm. The current senior management team acquired the investment banking and asset management businesses along with the Crosby brand name in 2002. In May 2004, Crosby Capital Partners Inc. (AIM: CSB) was admitted to the London Stock Exchange's AIM Market, and in May 2008 changed its name to Crosby Asset Management Inc. ("CAM").

Through a combination of organic growth and strategic acquisitions, Crosby Asset Management has built a global, diversified asset management business with over US$2.5 billion in assets under management as of 31 December 2007.

As announced in March 2008, CAM has restructured its business and discontinued Merchant Banking activities during the second quarter of 2008.

CAM has offices located in London, Hong Kong, and Singapore.