Young Wall Street Bankers Flex Their Philanthropic Muscles

Some Wall Streeters aren’t waiting for retirement to found charities
Andrew Klaber Photograph courtesy Andrew Klaber via Bloomberg

The founders of the Resolution Project don’t dwell on generosity or charity when they describe their nonprofit’s mission to provide funds and guidance to young social entrepreneurs. They use the language of finance. “We get good yield,” says Andrew Harris, 31, who works as an adviser to private equity firms at Forum Capital Partners in New York. Resolution “is an allocator,” says another co-founder, Oliver Libby, 32, a managing director at Hatzimemos Partners, a strategic advisory firm. “In a sense, we’re angel investors.”

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