The purpose of the company is to acquire, hold and manage participations in any form in all commercial, industrial, financial and real estate companies in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties, and guarantee bonds issued by shareholders and third parties, and secure these loans by issuing or pledging mortgage-backed securities or by assuming any other financial obligation.