Investing in American Century’s investment vehicles is like investing in a gold mine, the company’s chief executive said in an interview.
American Century has a total of more than $4.3 billion in assets, according to its most recent tax filings.
It has been investing in investments that can pay dividends in perpetuity.
For instance, the U.S. government and other government agencies can use the company to buy stock.
American Pacific’s other investments include real estate, energy, and financial services.
The company’s portfolio includes $2.3 million in U.N. bonds, including one of the most popular bonds in the world, the 10-year note.
AmericanPacific also has $1.5 billion in investments from private equity firms such as Blackstone Group, TPG Capital, and Kleiner Perkins Caufield & Byers, which have invested in companies such as Apple Inc. and Starbucks Corp.
American’s largest investments have included hedge funds, private equity funds, and venture capital firms.
American Pacific’s most recent portfolio included $1 billion in hedge funds.
American said its current portfolio includes more than 6,500 investment vehicles.
It has invested in about 20 of them, including a hedge fund owned by the private equity firm Blackstone Capital Management and its portfolio of U.K.-based investment vehicles, American Pacific said.
The hedge fund’s investments include U.Q.E.A.F.C.F., a British hedge fund that invests in technology companies, and a hedge funds owned by Blackstone and Kleiman Perkins Cachette Partners, it said.
