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Preheat oven to 325 F.
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Cut or rip croissants in bite size pieces
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Mix eggs, milk, cream in a large bowl.
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Add vanilla and sugar, mix well.
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In a casserole dish (2 1/2 quart) layer croissant pieces and raisins together
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Pour milk mixture over the top and let sit for 15 minutes
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Press croissants down with a spatula to make sure they are all soaked
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Place dish in a large roasting pan and fill the pan with hot water, halfway up the sides of casserole dish
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Bake for 45 minutes or until golden brown and firm. Oven time may vary
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Brush apricot jam over top and let cool
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Sprinkle with powdered sugar and serve