The company's purpose is to acquire and manage participations as well as to manage assets in its own name and on its own account, both domestically and abroad. No activities requiring authorization by FINMA are carried out. The company may establish branches and subsidiaries, both domestically and abroad, and participate in other companies, both domestically 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, both domestically and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide collateral for liabilities of affiliated companies.