The core activity of Bauknecht Capital AG consists of investing in three main areas: 1. **Hedge Funds**: Investing in hedge funds that are uncorrelated to traditional markets and achieve strong absolute returns in all market environments. 2. **Unconstrained Long Only Funds**: Investing in long-only funds that are uncorrelated to their investment universe and outperform their benchmark. 3. **Real Estate**: Investing in real estate projects in Switzerland and Germany, particularly in projects that require development, renovation, restructuring or transformation, such as development land, residential, office or mixed-use commercial properties.