# First Pacific Advisors, LP: Investors First

> Access independent, intrinsic value strategies designed to protect capital and compound over the long term\.

Generated by Yoast SEO v28.3, this is an llms.txt file, meant for consumption by LLMs.

## Pages
- [Home](https://fpa.com/)
- [Financial Professional](https://fpa.com/financial-professional/)
- [Institutional Investor](https://fpa.com/institutional-investor/)
- [Firm](https://fpa.com/about-us/)
- [Privacy Policy](https://fpa.com/privacy-policy/)

## Posts
- [FPA Queens Road Value Fund 2Q26 Commentary](https://fpa.com/fpa-queens-road-value-fund-2q26-commentary/): Quarterly commentary from the Queens Road  Small Cap Value Fund team sharing insights on markets, portfolio positioning and performance\.
- [Join Us for Investor Day Los Angeles](https://fpa.com/join-us-for-investor-day-los-angeles/): Join us for FPA Investor Day Los Angeles, taking place in Santa Monica, California on Wednesday, October 21, and Thursday, October 22, 2026\. Meet the people who guide FPA and enjoy a deep dive with our portfolio managers on the firm's strategies and current perspectives\.
- [Source Capital 2Q26 Commentary](https://fpa.com/source-capital-2q26-commentary/): Quarterly commentary from the Source Capital team sharing insights on markets, portfolio positioning and performance\.
- [FPA New Income Fund 2Q26 Commentary](https://fpa.com/fpa-new-income-fund-2q26-commentary/): Quarterly commentary from the New Income Fund team sharing insights on markets, portfolio positioning and performance\.
- [FPA Flexible Fixed Income Fund 2Q26 Commentary](https://fpa.com/fpa-flexible-fixed-income-fund-2q26-commentary/): Quarterly commentary from the Flexible Fixed Income Fund team sharing insights on markets, portfolio positioning and performance\.

## Funds
- [Source Capital](https://fpa.com/fund/source-capital/)
- [FPA New Income Fund](https://fpa.com/fund/fpa-new-income-fund/)
- [FPA Flexible Fixed Income Fund](https://fpa.com/fund/fpa-flexible-fixed-income-fund/)
- [FPA Short Duration Government ETF](https://fpa.com/fund/fpa-short-duration-government-etf/)
- [FPA Global Allocation ETF](https://fpa.com/fund/fpa-global-allocation-etf/)

## Positions
- [Assistant Vice President Operations Oversight](https://fpa.com/position-careers/assistant-vice-president-operations-oversight/)

## Resources
- [FPA Queens Road Value Road \- Commentary](https://fpa.com/resources/fpa-queens-road-value-road-commentary/)
- [FPA Crescent Fund \- Fund Holdings August 19, 2026](https://fpa.com/resources/fpa-crescent-fund-fund-holdings-august-19-2026/)
- [FPA Crescent Fund \- 2Q 26 Webcast](https://fpa.com/resources/fpa-crescent-fund-webcast/)
- [FPA Queens Road Small Cap Value Fund \- 2Q26 Webcast](https://fpa.com/resources/fpa-queens-road-small-cap-value-fund-webcast/)
- [Source Capital \- Commentary](https://fpa.com/resources/source-capital-commentary/)

## Strategies
- [Multi\-Manager Long\-Short Equity](https://fpa.com/strategy/fpa-multi-manager-long-short-equity/)
- [Multi\-Manager Private Credit](https://fpa.com/strategy/fpa-multi-manager-private-credit-strategy/)
- [Contrarian Value Balanced](https://fpa.com/strategy/fpa-contrarian-value-balanced-strategy/)
- [Contrarian Value](https://fpa.com/strategy/fpa-contrarian-value-strategy/)
- [Short Duration Government](https://fpa.com/strategy/fpa-short-duration-government-strategy/)

## Team
- [J\. Mark Hancock\*](https://fpa.com/team/j-mark-hancock/)
- [Kait Dowling\*](https://fpa.com/team/kait-dowling/)
- [Evan Wong](https://fpa.com/team/evan-wong/)
- [Gregory Randolph](https://fpa.com/team/gregory-randolph/)
- [Matt Maloney](https://fpa.com/team/matt-maloney/)

## Optional
- [Sitemap index](https://fpa.com/sitemap_index.xml)