The fund will offer institutional and retail investors exposure to global infrastructure securities via long-term capital appreciation and current income, taking a bottom-up approach to identify fundamental long-term value in the securities.
“Combining the expertise of Macquarie and Delaware is very exciting for our mutual fund platform,” said J. Scott Coleman, executive vice president and head of distribution and marketing at Delaware Investments. “Macquarie is a recognized leader in infrastructure finance and investment with more than 15 years of experience in the sector. That experience is reflected in the fund’s investment team, which is one of the largest and most experienced investment teams specializing in the listed infrastructure sector.”
Delaware said it is looking to offer more alternative options to shareholders, other than the traditional long-only products the company has previously sold. Andrew Maple-Brown will manage the fund.