Titanium Asset Management Corp. is engaged in the acquisition and management of asset management businesses. Its principal business is providing investment advisory services to institutional and retail clients. The Company develops broad array of investment management, which enables it to offer full range of investment strategies to its clients. During the year ended December 31, 2009, the Company extended its business to include real estate investment advisory services. Titanium Incentive Plan LLC TIP is the subsidiary of the Company. On December 18, 2012, the Company announced the TAMCO Holdings, LLC acquired Clal Finance Ltd.