Delaware Wilshire Private Markets Fund
Schedule of Investments
December 31, 2021 (Unaudited)
| Master Fund — 97.9% | | | | | | |
| Name | | | | Shares | | Fair Value |
| Delaware Wilshire Private Markets Master Fund, Class Institutional | | | | 2,224,005 | | $ | 26,221,021 |
| Total Master Fund (Cost — $22,881,381) | | | | | | | 26,221,021 |
| Short Term Investment — 0.2% | | | | | | | |
| Name | | Geographic Region | | Shares | | | Fair Value |
| First American Government Obligations Fund, Class X | | | | | | | |
| | North America | | 52,027 | | | 52,027 |
| Total Short Term Investment (Cost — $52,027) | | | | | | | 52,027 |
| Total Investments — 98.1% (Cost — $22,933,408) | | | | | | $ | 26,273,048 |
| Other Assets and Liabilities, Net — 1.9% | | | | | | | 496,547 |
| Net Assets — 100.0% | | | | | | $ | 26,769,595 |
| ** | The rate reported is the 7-day effective yield as of December 31, 2021. |
The following is a summary of the inputs used as of December 31, 2021 when valuing the Fund's investments:
| Investments in Securities | | Level 1 | | Level 2 | | Level 3 | | Investments Valued at NAV | | Total |
| Master Fund | | $ | — | | $ | — | | $ | — | | $ | 26,221,021 | | $ | 26,221,021 |
| Short Term Investment | | | 52,027 | | | — | | | — | | | — | | | 52,027 |
| Total Investments in Securities | | $ | 52,027 | | $ | — | | $ | — | | $ | 26,221,021 | | $ | 26,273,048 |
For the period ended December 31, 2021, there were no transfers in or out of Level 3.
For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.
DWP-QH-001-0200
Delaware Wilshire Private Markets Master Fund
Schedule of Investments
December 31, 2021 (Unaudited)
| Primary Private Fund Investments — 67.2% | | | | | | | | | | | | | | | |
| Name | | Initial Acquisition Date | | Geographic Region | | Industry | | Commitment | | Unfunded Portion of Commitment | | Shares | | Fair Value | |
| Buhuovc LP | | 3/8/2021 | | Asia-Pacific | | Venture Capital | | $ | 6,500,000 | | $ | 1,052,472 | | (A) | | $ | 8,213,686 | |
| H.I.G. Bayside Loan Opportunity Feeder VI | | 12/8/2020 | | North America | | Distressed Debt | | | 4,000,000 | | | 2,927,384 | | (A) | | | 1,134,230 | |
| Linden Structured Capital Fund LP | | 12/18/2020 | | North America | | Buyout | | | 6,500,000 | | | 2,383,324 | | (A) | | | 4,802,750 | |
| Midocean Absolute Return Credit Fund LP | | 2/25/2021 | | North America | | Corporate Credit | | | 3,300,000 | | | — | | (A) | | | 2,464,073 | |
| RCP MB Investments B, L.P. | | 12/26/2021 | | North America | | Buyout | | | 1,000,000 | | | — | | (A) | | | 1,000,000 | |
| Total Primary Private Fund Investments (Cost — $14,306,539) | | | | | | | | | | | | | | | | | 17,614,739
| |
| Secondary Private Fund Investments — 37.0% | | | | | | | | | | | | | | | |
| Name | | Initial Acquisition Date | | Geographic Region | | Industry | | Commitment | | Unfunded Portion of Commitment | | Shares | | Fair Value | |
| Basalt Infrastructure Partners II, L.P. | | 11/17/2020 | | UK, Europe and US | | Infrastructure | | | 6,000,000 | | | 668,358 | | (A) | | | 6,370,542 | |
| Graphite Capital Partners VII A | | 7/19/2021 | | Europe | | Buyout | | | 1,044,282 | | | 51,707 | | (A) | | | 131,332 | |
| Graphite Capital Partners VII C | | 7/19/2021 | | Europe | | Buyout | | | 189,872 | | | 9,419 | | (A) | | | 29,668 | |
| Graphite Capital Partners VII Top Up Fund | | 7/19/2021 | | Europe | | Buyout | | | 1,404,110 | | | 48,842 | | (A) | | | 1,356 | |
| Graphite Capital Partners VII Top Up Fund Plus | | 7/19/2021 | | Europe | | Buyout | | | 745,916 | | | 37,305 | | (A) | | | 1,008 | |
| Graphite Capital Partners VIII B LP | | 7/19/2021 | | Europe | | Buyout | | | 487,374 | | | 50,448 | | (A) | | | 449,362 | |
| Graphite Capital Partners VIII D LP | | 7/19/2021 | | Europe | | Buyout | | | 2,781,939 | | | 288,700 | | (A) | | | 2,503,116 | |
| Graphite Capital Partners VIII Top Up Fund B LP | | 7/19/2021 | | Europe | | Buyout | | | 1,475,077 | | | 95,497 | | (A) | | | 212,572 | |
| Total Secondary Private Fund Investments (Cost — $8,892,630) | | | | | | | | | | | | | | | | | 9,698,956
| |
| Short Term Investment — 3.1% | | | | | | | |
| Name | | Geographic Region | | Shares | | Fair Value | |
| First American Government Obligations Fund, Class X | | | | | | | |
| 0.030%** |
| North America | | | 824,657 | | | 824,657 | |
| Total Short Term Investment (Cost — $824,657) | | | | | | | | 824,657 | |
| Total Investments — 107.3% (Cost — $24,023,826) | | | | | | | $ | 28,138,352 | |
| Other Assets and Liabilities, Net — (7.3)% | | | | | | | | (1,917,615 | )
|
| Net Assets — 100.0% | | | | | | | $ | 26,220,737 | |
| ** | The rate reported is the 7-day effective yield as of December 31, 2021. |
| (A) | Investment does not issue shares. |
L.P. — Limited Partnership
Delaware Wilshire Private Markets Master Fund
Schedule of Investments
December 31, 2021 (Unaudited)
The following is a summary of the inputs used as of December 31, 2021 when valuing the Fund's investments:
| Investments in Securities | | Level 1 | | Level 2 | | Level 3 | | Investments Valued at NAV | | Total |
| Primary Private Fund Investments | | $ | — | | $ | — | | $ | — | | $ | 17,614,739 | | $ | 17,614,739 |
| Secondary Private Fund Investments | | | — | | | — | | | — | | | 9,698,956 | | | 9,698,956 |
| Short Term Investment | | | 824,657 | | | — | | | — | | | — | | | 824,657 |
| Total Investments in Securities | | $ | 824,657 | | $ | — | | $ | — | | $ | 27,313,695 | | $ | 28,138,352 |
For the period ended December 31, 2021, there were no transfers in and out of Level 3.
For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.
DWP-QH-001-0200
