The company's purpose is the management and administration of assets and property, investments, placements, financial and commercial transactions, capital investment advice, excluding any activity subject to authorization, any financial intermediary activity and any financial service for third parties; the acquisition and taking of participations and investments, excluding any operation subject to the Federal Act of December 16, 1983, on the acquisition of real estate by foreigners (with acquisition of real estate for exclusively commercial use). The company may also buy and sell real estate abroad, with the holding, if necessary, of real estate for exclusively commercial use. The company may also, in Switzerland and abroad: establish branches or subsidiaries, take participations in companies, manage or sell, and more generally participate in all companies or enterprises having a direct or indirect relationship with its purpose; carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or immovable transactions directly or indirectly related to its purpose; and grant loans, guarantees or other securities to shareholders, subsidiaries or third parties.