CSB Crosby Asset.

Crosby Capital Partners Inc
27 February 2008

                          Crosby Capital Partners Inc.

                                   ("Crosby")



    Crosby Capital Partners participates in the formation of SW1 Capital LP.


February 27th - Crosby Capital Partners Inc. ("Crosby") is pleased to announce
that it has taken a 25% partnership interest in SW1 Capital LP, ("SW1"). SW1 is
a newly formed asset management partnership that brings together a diverse team
of experienced investment banking, asset management and technology professionals
with an extensive track record of developing new business initiatives. SW1 has
been established as a response to the significant and continuing changes to the
structure of the asset management industry. The initial focus will be on
completing a number of transactions, that will create the risk management and
operating infrastructure on which a comprehensive suite of alpha and beta
generating products can be built.  SW1 currently has no investments or
interests.


In addition to their current responsibilities at Crosby, Simon Fry, Crosby CEO,
and Johnny Chan, Crosby's Group Managing Director responsible for Asset
Management, will be joining SW1 as Limited Partners and will have an economic
interest in the partnership. Their interest has been approved by the Board and
Remuneration Committee of Crosby in lieu of any compensation they may otherwise
have received from Crosby in relation to Crosby's revenues, profits and
activities due to the Firm's stake in SW1.



Simon Fry, CEO of Crosby, commented: "Crosby's involvement with, and stake in
SW1, is an exciting development at a time when the investment management
industry is undergoing radical change. The ever-increasing institutional
interest in alternative investment products together with the associated demand
for a robust, transparent risk management and operating platform provides an
opportunity for new entrants, such as SW1, to establish a competitive advantage
over existing players. Our stake in SW1 will complement our existing asset
management businesses and I am looking forward to working with the partners at
SW1 to realize the vision of creating a truly next generation asset management
business."



For further information please contact



Steve Fletcher (Chief Operating Officer)                       +44 20 7590 2800


About Crosby Capital Partners

Crosby Capital Partners Inc. is a leading independent deal-focused Asia-oriented
merchant banking and asset management group. Crosby is quoted on the AIM market
of the London Stock Exchange. Further details can be found on Crosby's website
www.crosby.com.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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