The Partners · La Famiglia
Crack Rock Capital is not a firm. It is a family. Below you will find the structure of that family — drawn directly from five centuries of Sicilian organizational tradition — and the men and women who occupy each seat. Some of these names you may recognize. Some you should forget the moment you leave this page.
“We weren’t only wiseguys. We were wiseguys with capital calls.”
— Henry H., Managing Partner
The Hierarchy
Cosa Nostra developed its hierarchy over centuries of Sicilian practice and refined it through Prohibition, the Castellammarese War, and the Apalachin meeting of 1957. We did not design our firm’s structure. We inherited it.
Click a rank to learn what it means — and who, at this firm, holds it.
The head of the family. Holds final authority over every decision, every dispute, every dollar. Earns a piece of every score in the family — without ever needing to be in the room.
Managing Partner & Chair of the Investment Committee
Paul “Paulie” Cicero
“Paulie may have moved slow, but it was only because Paulie didn't have to move for anybody.”
Second in command. Runs day-to-day operations, mediates disputes between capos, and steps in when the boss is unavailable, indisposed, or under federal subpoena.
Deputy Managing Partner
James “Jimmy the Gent” Conway
“Jimmy was the kind of guy who rooted for bad guys in the movies.”
Trusted counselor. Advises the boss without ambition for the throne. Independent, level-headed, and the only person in the room permitted to disagree.
General Counsel & Head of Strategy
Karen Hill, Esq.
“I know there are women, like my best friends, who would have gotten out the minute their boyfriend gave them a gun to hide. But I didn't. I gotta admit the truth — it turned me on.”
Captain of a crew. Runs a vertical of soldiers and associates. Sources opportunities, manages the P&L of his territory, and pays tribute upward. The mid-market of organized crime.
Sector Head / Partner
Henry Hill · Tommy DeVito · Frankie Carbone
“Anything I wanted was a phone call away. Free cars. The keys to a dozen hideout flats. I bet twenty, thirty grand over a weekend and then I'd either blow the winnings in a week or go to the sharks to pay back the bookies.”
A made man. Sworn in. Owes loyalty to his capo and the family for life. The made man is the smallest unit of trust in the organization — and the smallest unit of accountability.
Vice President
Stacks Edwards · Morrie Kessler · Tuddy Cicero
“You only get one shot. Once they make you, you're untouchable.”
Not Sicilian, not made, not yet. Works closely with the family, earns trust over years (sometimes decades), and may — may — one day get the call. Until then, he hustles.
Analyst / Associate
The bullpen
“To me, being a gangster was better than being President of the United States.”
The Roster
Tap a card to open the dossier. Bios are accurate to the best of our recollection, which is selective by professional necessity.
The Code
Cosa Nostra operates by an unwritten code that has governed the family for over a century. We’ve translated it, line by line, into our investment policy.
The code of silence. A made man does not speak to law enforcement, does not testify, does not acknowledge the family's existence to outsiders. Predates Cosa Nostra by centuries — rooted in 16th-century Sicilian resistance to Spanish, Bourbon, and Italian state authority.
Limited partner communications are confidential. So are general partner communications. So is the existence of communications.
Every action — every score, every sit-down, every dispute — flows up through the chain. A soldier does not approach the boss. He approaches his capo. The capo approaches the underboss. Skipping a rank is not an oversight; it is an insult.
Investment decisions route through the IC. The IC routes through the Managing Partner. Nobody emails Paulie directly.
A piece of every score moves up. Not as a fee — as recognition. The earner kicks up to the capo. The capo kicks up to the underboss. The boss earns from every man in the family without ever lifting a finger.
20% carried interest. Industry standard. Non-negotiable.
The Mafia Commission formally banned narcotics trafficking in 1948. Heat from federal agencies and longer sentences made the category uninvestable. The rule was, of course, ignored almost immediately by everyone who could profit from ignoring it.
We do not invest in cannabis, psychedelics, or controlled substances. Unless the risk-adjusted return is exceptional.
Striking a made man without permission was punishable by death. The rule preserved internal order in an organization with no external recourse. It is also what kept Tommy from being made — and what came of it.
Disagreements with senior partners are resolved in the conference room. Always.
Blood family ranks above the family. Always. A made man's loyalty to his wife and children supersedes the organization — and the organization, in turn, takes care of its own. Funerals, schooling, prison commissary. Everything.
We invest the firm's capital, the partners' capital, and the partners' families' capital alongside our LPs. Always.
Track Record
A non-exhaustive list of the firm’s formative transactions. Click each engagement to reveal the historical record. Some entries have been redacted for the protection of certain parties, all of whom are now deceased or in witness protection.
Acquired strategic positioning at JFK International. The firm's foundational platform investment in the airfreight ecosystem.
Air France robbery — $480,000 in cash and jewelry.
Strategic recapitalization of an underperforming midtown lounge through an insurance-led capital event.
Henry torched it for the insurance money.
$5.875M cash-recovery transaction at JFK. Largest single liquidity event in the firm's history at the time. Subsequent personnel decisions made by the Underboss.
The Lufthansa heist. Most of the crew did not survive the year.
Innovative point-spread structuring across NCAA basketball. Demonstrated the firm's edge in market-making and asymmetric information.
BC point-shaving scandal. Henry Hill flipped two years later.
Pilot expansion into the Northeast pharmaceutical channel. Discontinued in 1980 following adverse counterparty review by federal regulators.
Henry's cocaine ring. The helicopter. The end of everything.
“See, the hardest thing for me was leaving the life. I still love the life.”
Henry Hill · Wiseguy · 1985