Delaware Investments

Delaware Investments was a US-based asset management firm with $174.2 billion in assets under management as of September 30, 2016 [2] with 132 portfolio managers, analysts, and traders. It is a wholly owned subsidiary of Australia's Macquarie Group.

Delaware Investments
TypeSubsidiary
IndustryFinancial services
Founded1929
FounderAdmiral W. Linton Nelson [1]
HeadquartersPhiladelphia, United States
Key people
  • Shawn Lytle (President)
  • Brett Lewthwaite (Head of Fixed Income)
  • David Connor (General Counsel and Secretary)
  • John Leonard (Head of Global Equities)
  • John Stowe (Chief Information Officer)
  • Ilysse Pratter (Head of Human Resources)
Products
Number of employees
~ 500 (2021)
ParentMacquarie Group
Websitehttps://www.delawarefunds.com/

In April 2017, Delaware Investments was rebranded as Macquarie Investment Management, effectively ending the original entity.[3] The US funds continue to be managed under the "Delaware Funds by Macquarie" brand. In 2020, Macquarie Investment Management began acquisition of Overland Park, Kansas based asset manager Waddell and Reed (Ivy Funds). [4]

History
  • 1929: Business commenced
  • 1938: Delaware Investments introduced its first mutual fund
  • 1972: Institutional separate account management established
  • 1974: Taft-Hartley business established
  • 1990: International/Global capabilities established
  • 2000: Fixed income capabilities enhanced
  • 2007: Launched Delaware Investments Global Funds plc[5]
  • 2010: Acquired by Macquarie Group[6]
  • 2017: Became Macquarie Investment Management

References
  1. "Nelsonfoundationpa.org". Archived from the original on 2011-05-23. Retrieved 2010-02-11.
  2. Delaware Investments
  3. "Macquarie Group's Delaware Investments Rebrands as Macquarie Investment Management". Macquarie. April 3, 2017. Retrieved June 15, 2017.
  4. "Australia's Macquarie to buy Waddell & Reed Financial for $1.7 billion". CNBC. December 2, 2020. Retrieved January 20, 2021.
  5. "Delaware Investments History". Archived from the original on 2010-07-06.
  6. "About Macquarie" (PDF). Macquarie Group.


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