Acquisition and administration of participations, on its own account or on behalf of third parties, as representative or in a fiduciary capacity, in commercial, industrial, financial and real estate companies, located in Switzerland or abroad, by acquiring shares, bonds, participations, holding claims in any other suitable form. The company may carry out all commercial transactions and conclude all contracts that are directly or indirectly related to its purpose or likely to promote it. It may acquire and administer intellectual property rights. The company may grant loans to its shareholders or third parties, guarantee loans subscribed by its shareholders or third parties, secure these loans by issuing or pledging mortgage securities or by subscribing to any other financial commitment, pledge its assets or guarantee any claim.