The purpose of the company is the management of family assets and wealth, in particular the acquisition, holding, financing and management of assets and investments of any kind in Switzerland and abroad, including participations, private equity investments, intellectual property rights, real estate (in Switzerland excluding transactions falling under the Federal Act on the Acquisition of Real Estate by Persons Abroad), automobiles, art objects as well as all related activities and services. The company may establish subsidiaries and/or branches in Switzerland and abroad, participate without restriction in other companies, assume representations, conduct any kind of business and conclude contracts that promote the company's business purpose or are directly or indirectly related thereto. The company may enter into loan agreements both for its own account and for the account of others and issue guarantees and pledges in favor of affiliated companies or third parties. The company may acquire, use, lease, encumber and sell business premises in Switzerland and abroad. Furthermore, the company may acquire, hold, manage and dispose of debt or equity securities of any kind in Switzerland and abroad.