The Delaware Ivy High Income Opportunities Fund (IVH) announced the completion of its asset acquisition by the abrdn Income Credit Strategies Fund (ACP) on March 10, 2023. The Reorganization was approved by shareholders at a meeting held on November 9, 2022. As of the Reorganization, the Net Asset Value (NAV) per share for IVH was $11.6110, with a conversion ratio of 1.615135. The Reorganization is a tax-free transaction, and shareholders will receive a Form 1099-DIV for 2023 tax reporting. IVH will be de-listed from the NYSE and dissolved. Shareholders may contact 800 522-5465 for inquiries regarding the exchange of shares.
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Macquarie Asset Management has completed the acquisition of Central Park Group, LLC, enhancing its investment advisory capabilities for high-net-worth investors. Central Park Group specializes in alternative investment strategies and aims to broaden access to private equity, hedge funds, and real estate opportunities. This acquisition will position Macquarie to better serve US investor demand and aligns with its mission to empower investors through innovative investment solutions and educational resources.
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