Astmax Asset Management, Inc. was organized as a result of absorption-type merger between Astmax Investment Management, Inc. (founded in 2004) and its succeeding subsidiary, ITC Investment Partners Corporation (founded in 2004), which was then renamed to Astmax Asset Management, Inc. on 1 April 2013.

Milestone of ITC Investment Partners Corporation as surviving company of the merger is as follows:

[ History is available here. ]

    • Date
    • Events
    • May 2004
    • The company was founded
    • Aug 2004
    • The company was registered as Securities Investment Advisory Firm
    • Jan 2007
    • The company was licensed as Settlor Company of Investment Trust
    • Sep 2007
    • The company was registered as Financial Instruments Firm as the enforcement of Financial Instruments and Exchange Act
    • Dec 2007
    • A business and capital tie-up was made with ITOCHU Corporation (which held 38% shares of the company)
    • Dec 2008
    • The company became a subsidiary of ITOCHU Corporation (which held 98% shares of the company)
    • Apr 2009
    • The company was renamed to ITC Investment Partners Corporation
    • May 2009
    • The company started management of commodity futures trading on Investment Trust with FSA approval
    • Dec 2012
    • The company became a subsidiary of ASTMAX Co., Ltd. (which held 99% shares of the company)
    • Apr 2013
    • Absorption type-merger was made between Astmax Investment Management, Inc. and its succeeding subsidiary, ITC Investment Partners which was then renamed to Astmax Asset Management, Inc. and headquartered on ASTMAX’s office premises