The 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 or real estate companies with exclusively commercial use, located in Switzerland or abroad, by acquiring shares, bonds, participations, holding claims in any suitable form, acquiring patents and trademarks. The company may carry out all transactions that are directly or indirectly related to its main purpose. It may grant loans to its associates or third parties, act as guarantor for loans subscribed by its associates or third parties, secure these loans by issuing or pledging mortgage securities or by subscribing to any other financial commitment, as well as pledge its assets to secure any claim. It may buy, sell and manage any property with exclusively commercial use; establish branches and subsidiaries in Switzerland and abroad.