The Rustandy Center for Social Sector Innovation at Chicago Booth is pleased to announce Alex Upton and Charles Cole as the 2018 recipients of the annual Lauren and Keith Breslauer, ’88, Social Impact Scholarship.

This scholarship, which supports Booth students with career ambitions in social entrepreneurship and impact investing, awards $20,000 each to two rising second-year students in Booth’s Full-Time MBA Program.

The Breslauer Scholarship is made available thanks to support from Lauren and Keith Breslauer, ’88.


Alex Upton

Alex Upton is a second-year MBA student at Booth, where he takes part in several civic leadership and nonprofit business programs.

Upton is a member of Booth’s Net Impact student group, this year serving as co-chair of the group’s Board Fellows program, and has participated in and led the group's trips to the annual Net Impact Conference. Prior to Booth, Upton worked in risk management at Kroll and Goldman Sachs.

"There are so many students at Booth committed to so many different social impact issues," Upton said. "It is an honor to be picked from among so many deserving candidates." 

Charles Cole

Charles Cole is a second-year MBA student at Booth, where he engages in various impact investing programs. Cole was part of the Booth team that earned second place at the 11th annual Invest for Impact Competition in February 2018 at the University of North Carolina. Prior to Booth, Cole cofounded a company that invested private capital to rehabilitate vacant and blighted apartments as housing for low- and moderate-income families. Earlier in his career, Cole was also an associate consultant at Bain & Company in Chicago.

"I have been thoroughly impressed by the resources Booth has dedicated to supporting students interested in pursuing careers related to social impact," Cole said. "This scholarship is one those many investments being made in students, and I am honored to be a recipient."


Keith Breslauer, ’88, founded Patron Capital in 1999 and is the managing partner of Patron Capital Limited, the investment adviser to the Patron Capital Funds (including Patron Capital Captive Fund, Funds I–V). The total assets under management represents approximately €3.4 billion from leading US and European institutions, endowments, pension funds, and family offices.

Breslauer is active as a patron of numerous charities, including serving as co-chair of the Chicago Booth Global Advisory Board (EMEA), and he sits on the advisory board of Booth’s Rustandy Center for Social Sector Innovation.


The Rustandy Center for Social Sector Innovation is the destination for people committed to tackling complex social and environmental problems. As Chicago Booth’s social impact hub, we build on the school’s grounding in business fundamentals with experiential learning and research. Through programs and events in social innovation and social enterprise, we equip our community with the knowledge and tools to positively impact humanity.

To learn more about the Lauren and Keith Breslauer, '88, Social Impact Scholarship, or Rustandy Center’s other offerings, sign up to receive email updates.