Delaware Funds by Macquarie

What Delaware Funds by Macquarie does

Delaware Funds by Macquarie is a US-domiciled fund family that delivers public market asset management services across equities, fixed income, private credit, and multi-asset solutions to intermediary and institutional clients. The franchise operates through two distinct investment managers, Delaware Capital Management and Delaware Management Company, which together form the Delaware brand within the US and European public investments business historically owned by Macquarie Asset Management.

On December 1, 2025, Nomura Holding America Inc. completed the acquisition of Macquarie Asset Management's US and European public investments business, integrating Delaware Funds into Nomura Asset Management's Investment Management Division. Delaware Management Company now sits inside Nomura Investment Management Business Trust alongside Delaware Capital Management, Nomura Alternative Strategies, Nomura Investment Management Advisers, and Nomura Investments Fund Advisers. Advisory and sub-advisory coverage extends across 22 jurisdictions in North America, Europe, and Asia Pacific via affiliated Nomura entities such as Nomura Investment Management Europe S.A. and Nomura Asset Management Australia Pty Limited. The firm employs between 251 and 500 staff and operates as a private, non-listed entity under strategic ownership.

Name

Delaware Funds by Macquarie

Legal name

Delaware Funds by Macquarie

Website

https://delawarefunds.com

Company type

Private

Operating status

Operating

Headcount range

251–500 employees

Short description

Delaware Funds by Macquarie is a US-domiciled fund family offering equities, fixed income, private credit, and multi-asset solutions to intermediary and institutional clients; it now operates within Nomura Asset Management following Nomura's December 1, 2025 acquisition of Macquarie Asset Management's US and European public investments business.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Other Financial Vehicles (52599)

SIC

Investment Advice (6282)

akta.pro primary industry

Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)

akta.pro secondary industry

Large-Cap / Sponsor Finance Direct Lending (FSANADAJ)

Keywords

• Asset management services
• Mutual fund products
• Investment management
• Fixed income funds
• Private credit solutions

Headquarters

HQ city

Delaware

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Core offering

Delaware Funds by Macquarie provides investment management services through a family of mutual funds and pooled investment vehicles, offering equities, fixed income, private credit, and multi-asset solutions to intermediary and institutional clients. The firm operates distinct investment manager series including Delaware Capital Management and Delaware Management Company under the Delaware fund brand. As of December 1, 2025, the business was acquired by Nomura Holding America Inc. and integrated into Nomura Asset Management's Investment Management Division.

Product overview

Delaware Funds by Macquarie operates as part of Nomura Asset Management's Investment Management Division, which provides integrated public and private market asset management services. The company offers its products through several distinct investment managers including Delaware Capital Management and Delaware Management Company, which together form the Delaware fund brand within the broader Nomura Investment Management Business Trust structure. As of December 1, 2025, Nomura Holding America Inc. completed the acquisition of Macquarie Asset Management's US and European public investments business, integrating Delaware Funds into Nomura's platform alongside Nomura Alternative Strategies, Nomura Investment Management Advisers, and Nomura Investments Fund Advisers.

Differentiator

Problem solved

Functional benefit

Products and services

• Delaware Management Company Investment manager series that forms part of Nomura Investment Management Business Trust following the December 2025 acquisition of Macquarie Asset Management's US and European public investments business, providing public market investment management services across equities, fixed income, and multi-asset strategies for intermediary and institutional clients.
• Delaware Capital Management
• Equities Funds
• Fixed Income Funds
• Private Credit Solutions
• Multi-Asset Solutions

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights5 records

Broad incumbents

• BlackRock: BlackRock is the world's largest asset manager with significant institutional and intermediary fund offerings across equities, fixed income, and alternatives. It is a broad incumbent competitor to Delaware Funds in the multi-asset institutional space.
• Fidelity Investments: Fidelity operates a major mutual fund family with institutional and intermediary distribution, spanning active and passive strategies. It is a broad incumbent peer with comparable multi-asset offerings.
• J.P. Morgan Asset Management: J.P. Morgan Asset Management is a major institutional asset manager with global distribution across equities, fixed income, and alternatives. It is a broad incumbent competitor for institutional mandates.
• Vanguard: Vanguard operates one of the largest mutual fund complexes globally, serving both institutional and intermediary clients. It is a direct peer in the mutual fund family category though it skews more passive than Delaware Funds.

Direct peers

• MFS Investment Management: MFS is a global actively-managed asset manager serving institutional and intermediary clients with equity, fixed income, and multi-asset strategies. It is a direct peer in active institutional asset management.
• Capital Group (American Funds): Capital Group operates the American Funds mutual fund complex, a major multi-affiliate fund family serving intermediary and institutional clients with active equity and fixed income strategies. It is a direct peer in the fund family category.
• Invesco: Invesco is a global asset manager with a major fund family serving institutional and intermediary channels, offering equity, fixed income, and multi-asset products. It is a direct peer in the multi-affiliate fund family model.
• T. Rowe Price: T. Rowe Price is a publicly traded asset manager serving institutional and intermediary clients with active equity, fixed income, and multi-asset strategies. It is a direct peer in active institutional asset management.
• Nuveen (TIAA): Nuveen is the asset management arm of TIAA, serving institutional and intermediary clients with equity, fixed income, and notably a leading private credit franchise. It is a direct peer, particularly in private credit.
• Franklin Templeton: Franklin Templeton is a multi-affiliate global asset manager with fund families serving institutional and intermediary clients across equities, fixed income, and multi-asset. Its multi-affiliate structure mirrors the Delaware Funds/Nomura organization closely.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks4 records

Key highlights5 records

Customer concentration

• Xx.com/delawarefunds

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Delaware Funds by Macquarie