The purpose of the company is to acquire, hold, manage and sell participations in companies in Switzerland and abroad, as well as to manage its own portfolio assets and those of group companies and related parties. The company may establish subsidiaries and branches, and participate in other companies. The company may acquire, hold, encumber and sell real estate and intellectual property rights. The company may also carry out all commercial, financial and other activities that are directly or indirectly related to the purpose of the company. The company may grant loans and other direct or indirect financing to group companies and third parties, including its (direct and indirect) shareholders and their group companies, and provide security for their liabilities of all kinds, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether remunerated or not.