ONLY ON CVP: The head of a Madison Avenue multi-million-dollar investment group that focuses primarily on utilities and power companies apparently was drunk when his car narrowly missed two police officers and hit a parked vehicle on his Fort Lee street after he plowed through a utility work barricade this morning, borough Police Chief Keith Bendul said.
Thomas Maurice Fitzgerald III,who lives in the neighborhood, was apparently headed toward Route 46 around 8 a.m. when he drove through the cones and into an area where utility crews were repairing a broken sewer line that tangled the morning commute, the chief told CLIFFVIEW PILOT.
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Fitzgerarld, 57, then stopped his car and backed up — hitting a parked car, Bendul said.
Officers handling traffic duty stopped him and held Fitzgerald until a patrol unit arrived.
He was charged with DWI/refusal to take a breath test and issued a summons for careless driving before being released pending a Municipal Court hearing, Bendul said.
Police are investigating the incident.
Fitzgerald was formerly a managing director with Goldman Sachs’ equity capital markets group before creating Longbow Capital Partners — which offers “long/short equity funds with a focus on the utility and power sectors” — in 2003.
He is now company president and a managing partner, according to NetPropex.com.
Before joining Goldman, Fitzgerald — who is on The Wall Street Alliance Board of Advisors at Georgetown University — was co-head of global equity capital markets at Salomon Smith Barney.
Fitzgerald also owns the 1,000-acre Greyledge Farm, in Bridgewater, CT, where he raises Black Angus cattle, heritage hogs and free-range poultry using solar panels for 75 percent of the facility’s energy, according to a Dun & Bradstreet report from earlier this month.
