Bernastic, the advanced materials company transforming textile waste into high-performance manufacturing materials, today announced the successful production of its first 2,500-pound run of Bernastic, marking a significant milestone in the company’s journey from research and development to scalable manufacturing. The production run represents years of materials research, formulation refinement, engineering, and testing aimed at solving one of the world’s largest environmental challenges: finding meaningful, scalable applications for textile waste. “What started as a simple question, What else could this be?, has...

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Uncertainty is a global public cost — the mirror image of a "global public good." It touches every organization, whether we invite it in or not, and an entire industry of metrics and reports exists just to measure it. The good news: uncertainty doesn't have to mean your business or productivity suffer. As Condoleezza Rice once recalled her parents telling her, you may not control your circumstances, but you can control your reaction to them. That distinction — between the...

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The EIB Group, together with EU27 governments and private institutional investors, launch second phase of the European Tech Champions Initiative. Building on the success of the first phase, the initiative will create a pan-European investment platform to turn EU tech pioneers into global leaders. AltamarCAM, Azimut Holding, Banco Santander, BBVA, Compagnia di San Paolo, Danske Bank, Green Arrow Capital among the institutional investors committing to support. ETCI 2.0 will be four times bigger in size than predecessor, tripling...

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On December 15, the Department of State (DOS) announced it will expand its social media vetting requirement to additional nonimmigrant visa classifications, including H-1B, H-4 dependents, F, M, and J. As a result of this expansion, all applicants for such visas will be instructed to adjust the privacy settings on “all of their social media profiles to public.” Those profiles will then be subject to review as part of their visa application process for entry into the United States.  Additionally,...

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You can argue that commercial real estate investors have become bullish. That's a good thing if you're in the deal-making business. The signs are everywhere. Transaction activity, involving both property sales and lending, has increased, driven in large part by the greater liquidity in the market. Loan spreads—the risk premiums that lenders apply in order to come up with coupons—have tightened and a greater number of lenders, including banks, are now competing for the best loans. Cementing that thinking is the...

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Given the size of the Swiss pension fund market, it presents a highly attractive opportunity for non-Swiss fund sponsors – especially as Swiss pension funds increasingly seek international diversification. In this two-part series, we provide a hands-on guide to the key steps and legal considerations for successfully marketing to Swiss pension funds (Volume 1), and the regulatory requirements for onboarding them (Volume 2) . Volume 2 – Onboarding Swiss pension funds The Swiss pension fund market ranks among the largest in...

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Given the size of the Swiss pension fund market, it presents a highly attractive opportunity for non-Swiss fund sponsors – especially as Swiss pension funds increasingly seek international diversification. In this two-part series, we provide a hands-on guide to the key steps and legal considerations for successfully marketing to Swiss pension funds (Volume 1), and the regulatory requirements for onboarding them (Volume 2) . Volume 1 – Marketing to Swiss pension funds The Swiss pension fund market ranks among the largest...

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