Frank T. Caprio was an American banker, lawyer and politician. He is a member of the Democratic Party. He served as Rhode Island’s 29th Treasurer General (2007-2011). He is the eldest son of Frank Caprio, best known for the TV show “The Capture of Providence.”
Frank T. Caprio was born on Tuesday, May 10, 1966 in Providence, Rhode Island, USA (age 57; until 2023), and grew up in the Federal Hill community. From 1980 to 1984, he attended Bishop Hendricken High School in Warwick, Rhode Island. In 1991, he received a Juris Doctor (JD) from Suffolk University School of Law. He studied for a BA in Economics at Harvard University (1984-1988). Caprio was fond of sports from an early age and was the captain of the Harvard baseball team and a player on the Harvard football team. He was an outfielder in the Eastern Conference in 1988 and an Ivy League defensive back on Harvard’s championship football team in 1987.
family and race
Frank T. Caprio was born into an Italian-American Catholic family.
parents and siblings
His father, Frank Caprio, was an attorney and politician who served as Chief Judge of the Providence Municipal Court from 1985 to 2023. Frank Caprio is best known for his national television show “Caught in Providence,” which featured his judicial work. His mother’s name is Joyce Caprio.
He has four younger siblings, three brothers: David Caprio, Paul Caprio, and John Caprio, and a younger sister, Marisa Caprio-Pace. David Caprio is a businessman, investor, lawyer and politician who served as a member of the Rhode Island House of Representatives for the 34th District from 2003 to 2011.
Marissa Caprio Pesce was married to John R. Pesce, who died in February 2018.
wife and children
On August 3, 1996, he married Gabriela Caprio. They have a daughter, Ashley Caprio, and a son, Frankie.
Frank T. Caprio’s grandfather, Antonio Caprio, immigrated from Tiano, Italy to Providence, United States. He worked as a fruit seller and milkman.
At 21, a senior at Harvard, Caprio was elected to represent Rhode Island’s 2nd Congressional District and attended the 1988 Democratic National Convention in Atlanta. While in law school, Caprio won a seat in the Rhode Island House of Representatives for Providence’s 14th District in 1990. He successfully fulfilled his dual duties as a state representative and as a law student. He commutes by train between classes in Boston in the morning and legislative sessions in Providence in the afternoon. After serving two terms in the Rhode Island House of Representatives, Caprio spent the next 12 years serving in the Rhode Island State Senate. During this time, he served as chairman of the Senate Finance Committee from 2001 to 2002. In this role, Caprio played a key role in ensuring that the critical $5 million annual affordable housing program was not canceled by the Governor in 2001. He then proposed and executed a strategy through the use of affordable housing bonds. Additionally, in 2006, he was involved in a legislative initiative to increase the $10 million annual bond to a $50 million affordable housing fund. The proposal was approved by voters in 2006. In 1991, he became a member of RI and the Massachusetts and Commonwealth Bar Associations. During his legal career, Caprio focused on matters related to corporate, tax and finance. He served as in-house legal counsel to Cookson Group plc, a public company listed on the London Stock Exchange. On November 7, 2006, Caprio was elected as the Democratic candidate for Rhode Island State Treasurer. He won the 2006 Rhode Island election by a wider margin, taking 73 percent of the vote, more than any candidate for a closely contested state office. Frank T. Caprio was the first political candidate in the United States to use multimedia broadcasts to reach voters. He was also one of the first candidates to launch an Internet television channel for political campaigning in 2006. His television documentary, titled “The Caprio Biography,” is available to Rhode Island residents for free through Cox Communications’ On-. Demand services. Additionally, he launched one of the first campaign internet television channels in the United States. He served as Rhode Island’s Treasurer until 2010. He won the Democratic nomination for governor in Rhode Island in 2010, but lost to independent candidate Lincoln Chafee. Speaking on WPRO-AM radio after learning that President Barack Obama would not support him in the gubernatorial election, Frank said President Barack Obama could “defend” him from not supporting him in the election. Many considered the comments “insulting”. It was suggested that Obama must not have endorsed Caprio, out of respect for Lincoln Chafee, an independent candidate who supported Obama in the 2008 election. President Bill Clinton later campaigned for Frank in Rhode Island.
In 2011, he became a limited partner at Chatham Capital, a mezzanine finance firm with offices in Atlanta, Dallas and Providence. Later, he also became the managing director of Chatham Capital (Chatham Capital). He runs the Caprio law firm with his father Frank Caprio and brother David Caprio. He ran in the 2014 election as the Democratic nominee for treasurer, but lost to first-time candidate Seth Magaziner.
Since 2017, he is an Adjunct Professor of Finance in the Providence College School of Business. In January 2020, became the founding partner of the investment management film “The Caprio Brothers”.
Facts / Trivia
- In 1987, he played against American baseball pitcher Roger Clemens in an exhibition game and was discovered by Boston Red Sox legend Ted Williams .
- In 2009, he was inducted into the Bishop Hendricken Sports Hall of Fame.
- In 2022, Bishop Hendricken High School awarded Judge Frank Caprio an honorary degree, which was presented by his high school alumni sons, Frank T. and David Caprio.