Pacific Value

Pacific Value

Pacific Value launched in 2008 in Boise, Idaho, with principals Mark Fredback, Scott Ferguson, and Eric Fredback. The firm serves individuals, families, trusts, pension and profit-sharing plans, and small corporations. The principals collectively claim over 70 years of aggregate investment experience. The firm deploys a value-oriented approach across stocks and bonds. It appraises equity purchases based on a company's full business value relative to equity, sales, and cash flow. Pacific Value does not hedge its style — it explicitly refuses to be all things to all people. When discounted businesses are scarce or the risk-reward profile is unfavorable, the firm is comfortable holding cash. No specific portfolio companies, stages, or fund structures beyond separately managed accounts are disclosed. Pacific Value lists four professionals on its site: the three investment principals and an administrative assistant. The principals run separate businesses with distinctive styles while sharing a common value philosophy. The firm operates from a single office in downtown Boise. No additional offices, adjacent vehicles, or affiliated foundations are disclosed. Structurally, the firm's multi-principal model with individual business lines under a shared philosophy is uncommon for a boutique of its size. The arrangement distributes investment autonomy across named decision-makers rather than concentrating it in a single CIO, creating a partnership architecture that blends separate P&Ls with a unified investment creed.