Acquisition and administration of participations for its own account or for the account 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 form. The company may, either on its own account or on behalf of third parties, carry out all financial, commercial, industrial, movable and immovable transactions in Switzerland and abroad (excluding any activity prohibited by the LFAIE), directly or indirectly related to the main purpose; establish branches or subsidiaries in Switzerland and abroad; participate in all companies having a direct or indirect relationship with its purpose; grant loans or guarantees to subsidiaries, associates or third parties; and in general, carry out any activity directly or indirectly related to its purpose.