American Honda Motor Company (AMH), based in Torrance, California, is the first subsidiary of the Honda Motor Company, a Japanese multinational corporation primarily known as a manufacturer of automobiles and motorcycles. Founded in 1959, AMH operates a $3.4 billion pension fund on behalf of its US workforce. The fund adopted a 10% total allocation to alternative asset classes at the end of 2009 and presently has targets to private equity (4%), real estate (3%) and fund of hedge funds (3%). AMH relies heavily of the assistance of its investment consultant, Hewitt EnnisKnupp of Chicago.