M&A - DELAWARE POOLED TRUST
Form Type: 497K
Filing Date: 2025-06-18
Corporate Action: Acquisition
Type: Update
Accession Number: 000113743925000790
Filing Summary: On June 18, 2025, the Board of Trustees for each Macquarie Fund unanimously approved a new investment advisory agreement following the announcement of an acquisition deal between Macquarie Group Limited and Nomura Holding America Inc. Macquarie's US and European public investments business will be acquired by Nomura, leading to the automatic termination of existing investment advisory and sub-advisory agreements with Delaware Management Company. A special shareholder meeting will be convened to approve the new advisory agreements, with proxy materials to be mailed in late July 2025. Additionally, several Macquarie Funds will undergo name changes to reflect Nomura's branding upon the completion of the transaction. An interim agreement has also been established to allow DMC to provide advisory services for up to 150 days post-transaction closure or until new agreements are approved. The document emphasizes the importance of reading the forthcoming proxy statement and warns investors about potential investment risks.
Additional details:
Current Name: Macquarie Asset Strategy Fund
New Name: Nomura Asset Strategy Fund
Current Name: Macquarie Balanced Fund
New Name: Nomura Balanced Fund
Current Name: Macquarie Climate Solutions Fund
New Name: Nomura Climate Solutions Fund
Current Name: Macquarie Core Equity Fund
New Name: Nomura Core Equity Fund
Current Name: Macquarie Corporate Bond Fund
New Name: Nomura Corporate Bond Fund
Current Name: Macquarie Diversified Income Fund
New Name: Nomura Diversified Income Fund
Current Name: Macquarie Emerging Markets Debt Corporate Fund
New Name: Nomura Emerging Markets Debt Corporate Fund
Current Name: Macquarie Emerging Markets Fund
New Name: Nomura Emerging Markets Fund
Current Name: Macquarie Extended Duration Bond Fund
New Name: Nomura Extended Duration Bond Fund
Current Name: Macquarie Floating Rate Fund
New Name: Nomura Floating Rate Fund
Current Name: Macquarie Global Allocation Fund
New Name: Nomura Global Allocation Fund
Current Name: Macquarie Global Bond Fund
New Name: Nomura Global Bond Fund
Current Name: Macquarie Global Growth Fund
New Name: Nomura Global Growth Fund
Current Name: Macquarie Global Listed Real Assets Fund
New Name: Nomura Global Listed Real Assets Fund
Current Name: Macquarie Growth and Income Fund
New Name: Nomura Growth and Income Fund
Current Name: Macquarie Healthcare Fund
New Name: Nomura Healthcare Fund
Current Name: Macquarie High Income Fund
New Name: Nomura High Income Fund
Current Name: Macquarie International Core Equity Fund
New Name: Nomura International Core Equity Fund
Current Name: Macquarie Large Cap Growth Fund
New Name: Nomura Large Cap Growth Fund
Current Name: Macquarie Limited-Term Diversified Income Fund
New Name: Nomura Limited-Term Diversified Income Fund
Current Name: Macquarie Mid Cap Growth Fund
New Name: Nomura Mid Cap Growth Fund
Current Name: Macquarie Mid Cap Income Opportunities Fund
New Name: Nomura Mid Cap Income Opportunities Fund
Form Type: 497K
Filing Date: 2025-04-21
Corporate Action: Acquisition
Type: New
Accession Number: 000113743925000370
Filing Summary: On April 21, 2025, Macquarie Group Limited, parent of Delaware Management Company (DMC), along with affiliates and Nomura Holding America Inc., announced an agreement for Nomura to acquire Macquarie Asset Management's US and European public investments asset management business. This transaction is conditional on customary closing conditions, including regulatory approvals, and is projected to close by the end of October 2025. Following the closing, the existing investment advisory agreements with DMC for each Fund will terminate automatically, prompting the Fund's Board of Trustees to consider new advisory agreements for shareholder approval at that time. The closing and its conditions are subject to change. It is advised that potential investors consult tax professionals regarding any tax implications related to their investments.
Additional details:
Cik: value
Parent Company: Macquarie Group Limited
Acquiring Company: Nomura Holding America Inc.
Business Segment: US and European public investments asset management
Transaction Closing Date: 2025-10-31
Funds Involved: Macquarie Funds
Regulatory Approvals: customary closing conditions
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