Kim said that 02138 will be a “luxury magazine for Harvard alumni” akin to Vanity Fair. But he pledged that it would also include “the hard-hitting investigative stories of ‘60 Minutes.’”

“It has attitude. It has wit. It’s sophisticated. It’s a guilty pleasure,” he said.

The magazine currently has fewer than 10 staffers working out of a suite on Winter Street in downtown Boston.

But it boasts several prominent names on its 11-member advisory board—including James M. Fallows ’70, a former Crimson president who also served as a speech writer to Jimmy Carter, and Steven Brill, a media critic and founder of The American Lawyer.

Kim said that 02138 would charge $36 a year to subscribers—unlike Harvard Magazine, which is free for alums.

Harvard Magazine is published by a nonprofit group that “is under its bylaws editorially independent” from the University, although it receives some financial support from Summers’ office, according to Rosenberg.

Meanwhile, Kim said that 02138 has no official affiliation with Harvard.

—Staff writer Daniel J. Hemel can be reached at hemel@fas.harvard.edu.