One Commerce Square |
2005 Market Street
Philadelphia, PA 19103
Main Phone: 215-255-1200
Mutual Fund Brand(s)
Delaware Funds, Optimum Funds
Stock Data: SEC Filings | Yahoo! Quote
SEC Fund Filings by CIK
On April 30, 2021 Macquarie Asset Management closed on its planned acquisition of Waddell & Reed. MAM promptly sold off Waddell's B-D (also as planned) while hanging onto its asset management business, home of the Ivy Funds.
In 2017, Macquarie rebranded Delaware Investments as Macquarie Investment Management.
The predecessor to Delaware Investments was founded in 1929 and the firm launched its first mutual fund in 1938. Delaware Investment Advisors, the firm's advisory arm, is also known as DIA.
Lincoln Financial Group
In 1995, then Delaware Management CEO Wayne Stork led negotiations to sell the firm to Lincoln National Corporation, the Fort Wayne, Indiana, financial services company. After the sale Delaware continued to operate under its own branding and maintained its headquarters in Philadelphia.
Stork retired as CEO and CIO of Delaware Management in 1999 and was succeeded by Jeffrey J. Nick.
In 2007, The firm launched its initial Ireland-based UCITS funds.
On August 19, 2009, Australian-headquartered Macquarie Group entered into an agreement to purchase Delaware Investments from Lincoln Financial for $428 million. At the time, Delaware claimed assets under management of more than $125 billion.
Macquarie completed the acquisition on January 4, 2010 for $451.8 million in cash, subject to customary post-closing adjustments.
Delaware is now branded as "Delaware Investments, a member of Macquarie Group."
Delaware president Shawn Lytle and his management team run Delaware. Lytle reports to Ben Bruck, chairman of Delaware and global head of Macquarie Investment Management. Bruck has moved to Philadelphia.
Head of the Americas / Global Head / President, Macquarie Group / Macquarie Investment Management / Delaware Funds
Co-Head of Client Group, Macquarie Investment Management
Senior Vice President, General Counsel, Secretary, Delaware Investments
Chief Administrative Officer, Macquarie Investment Management
Global Co-Head, Fixed Income, Macquarie Investment Management
Head of Institutional Sales, Delaware Investments
SVP, Co-Head of Client Group, Macquarie Investment Management
Head of Human Resources, Delaware Investments