diff --git a/ICSharpCode.Decompiler.Tests/TestCases/Pretty/DelegateConstruction.cs b/ICSharpCode.Decompiler.Tests/TestCases/Pretty/DelegateConstruction.cs
index faa0a7d5c..4f3ed04a4 100644
--- a/ICSharpCode.Decompiler.Tests/TestCases/Pretty/DelegateConstruction.cs
+++ b/ICSharpCode.Decompiler.Tests/TestCases/Pretty/DelegateConstruction.cs
@@ -193,6 +193,11 @@ namespace ICSharpCode.Decompiler.Tests.TestCases.Pretty
 				Noop("M3", M3);
 #endif
 			}
+			public void Test2()
+			{
+				Noop("M3.new", new BaseClass().M3);
+				Noop("M3.new", new SubClass().M3);
+			}
 
 			private void Noop(string name, Action _)
 			{
diff --git a/ICSharpCode.Decompiler/CSharp/CallBuilder.cs b/ICSharpCode.Decompiler/CSharp/CallBuilder.cs
index 020a402b5..9c5ee34c2 100644
--- a/ICSharpCode.Decompiler/CSharp/CallBuilder.cs
+++ b/ICSharpCode.Decompiler/CSharp/CallBuilder.cs
@@ -1232,7 +1232,17 @@ namespace ICSharpCode.Decompiler.CSharp
 				default:
 					throw new ArgumentException($"Unknown instruction type: {func.OpCode}");
 			}
-			var invokeMethod = inst.Method.DeclaringType.GetDelegateInvokeMethod();
+			return HandleDelegateConstruction(inst.Method.DeclaringType, method, expectedTargetDetails, thisArg, inst);
+		}
+
+		internal TranslatedExpression Build(LdVirtDelegate inst)
+		{
+			return HandleDelegateConstruction(inst.Type, inst.Method, new ExpectedTargetDetails { CallOpCode = OpCode.CallVirt }, inst.Argument, inst);
+		}
+
+		TranslatedExpression HandleDelegateConstruction(IType delegateType, IMethod method, ExpectedTargetDetails expectedTargetDetails, ILInstruction thisArg, ILInstruction inst)
+		{
+			var invokeMethod = delegateType.GetDelegateInvokeMethod();
 			TranslatedExpression target;
 			IType targetType;
 			bool requireTarget;
@@ -1285,7 +1295,7 @@ namespace ICSharpCode.Decompiler.CSharp
 					}
 				}
 				target = expressionBuilder.TranslateTarget(thisArg,
-					nonVirtualInvocation: func.OpCode == OpCode.LdFtn,
+					nonVirtualInvocation: expectedTargetDetails.CallOpCode == OpCode.Call,
 					memberStatic: method.IsStatic,
 					memberDeclaringType: method.DeclaringType);
 				requireTarget = expressionBuilder.HidesVariableWithName(method.Name)
@@ -1334,12 +1344,12 @@ namespace ICSharpCode.Decompiler.CSharp
 				ide.WithRR(result);
 				targetExpression = ide;
 			}
-			var oce = new ObjectCreateExpression(expressionBuilder.ConvertType(inst.Method.DeclaringType), targetExpression)
+			var oce = new ObjectCreateExpression(expressionBuilder.ConvertType(delegateType), targetExpression)
 				.WithILInstruction(inst)
 				.WithRR(new ConversionResolveResult(
-					inst.Method.DeclaringType,
+					delegateType,
 					result,
-					Conversion.MethodGroupConversion(method, func.OpCode == OpCode.LdVirtFtn, false)));
+					Conversion.MethodGroupConversion(method, expectedTargetDetails.CallOpCode == OpCode.CallVirt, false)));
 			return oce;
 		}
 
diff --git a/ICSharpCode.Decompiler/CSharp/ExpressionBuilder.cs b/ICSharpCode.Decompiler/CSharp/ExpressionBuilder.cs
index fefd35111..0eee44f79 100644
--- a/ICSharpCode.Decompiler/CSharp/ExpressionBuilder.cs
+++ b/ICSharpCode.Decompiler/CSharp/ExpressionBuilder.cs
@@ -347,7 +347,12 @@ namespace ICSharpCode.Decompiler.CSharp
 			}
 			return new CallBuilder(this, typeSystem, settings).Build(inst);
 		}
-		
+
+		protected internal override TranslatedExpression VisitLdVirtDelegate(LdVirtDelegate inst, TranslationContext context)
+		{
+			return new CallBuilder(this, typeSystem, settings).Build(inst);
+		}
+
 		protected internal override TranslatedExpression VisitNewArr(NewArr inst, TranslationContext context)
 		{
 			var dimensions = inst.Indices.Count;
diff --git a/ICSharpCode.Decompiler/IL/Instructions.cs b/ICSharpCode.Decompiler/IL/Instructions.cs
index cfa1c9f0a..5788e8901 100644
--- a/ICSharpCode.Decompiler/IL/Instructions.cs
+++ b/ICSharpCode.Decompiler/IL/Instructions.cs
@@ -135,6 +135,8 @@ namespace ICSharpCode.Decompiler.IL
 		LdFtn,
 		/// <summary>Load method pointer</summary>
 		LdVirtFtn,
+		/// <summary>Virtual delegate construction</summary>
+		LdVirtDelegate,
 		/// <summary>Loads runtime representation of metadata token</summary>
 		LdTypeToken,
 		/// <summary>Loads runtime representation of metadata token</summary>
@@ -3081,6 +3083,66 @@ namespace ICSharpCode.Decompiler.IL
 	}
 }
 namespace ICSharpCode.Decompiler.IL
+{
+	/// <summary>Virtual delegate construction</summary>
+	public sealed partial class LdVirtDelegate : UnaryInstruction, IInstructionWithMethodOperand
+	{
+		public LdVirtDelegate(ILInstruction argument, IType type, IMethod method) : base(OpCode.LdVirtDelegate, argument)
+		{
+			this.type = type;
+			this.method = method;
+		}
+		IType type;
+		/// <summary>Returns the type operand.</summary>
+		public IType Type {
+			get { return type; }
+			set { type = value; InvalidateFlags(); }
+		}
+		readonly IMethod method;
+		/// <summary>Returns the method operand.</summary>
+		public IMethod Method { get { return method; } }
+		public override StackType ResultType { get { return StackType.O; } }
+		protected override InstructionFlags ComputeFlags()
+		{
+			return base.ComputeFlags() | InstructionFlags.MayThrow;
+		}
+		public override InstructionFlags DirectFlags {
+			get {
+				return base.DirectFlags | InstructionFlags.MayThrow;
+			}
+		}
+		public override void WriteTo(ITextOutput output, ILAstWritingOptions options)
+		{
+			WriteILRange(output, options);
+			output.Write(OpCode);
+			output.Write(' ');
+			type.WriteTo(output);
+			output.Write(' ');
+			method.WriteTo(output);
+			output.Write('(');
+			Argument.WriteTo(output, options);
+			output.Write(')');
+		}
+		public override void AcceptVisitor(ILVisitor visitor)
+		{
+			visitor.VisitLdVirtDelegate(this);
+		}
+		public override T AcceptVisitor<T>(ILVisitor<T> visitor)
+		{
+			return visitor.VisitLdVirtDelegate(this);
+		}
+		public override T AcceptVisitor<C, T>(ILVisitor<C, T> visitor, C context)
+		{
+			return visitor.VisitLdVirtDelegate(this, context);
+		}
+		protected internal override bool PerformMatch(ILInstruction other, ref Patterns.Match match)
+		{
+			var o = other as LdVirtDelegate;
+			return o != null && this.Argument.PerformMatch(o.Argument, ref match) && type.Equals(o.type) && method.Equals(o.method);
+		}
+	}
+}
+namespace ICSharpCode.Decompiler.IL
 {
 	/// <summary>Loads runtime representation of metadata token</summary>
 	public sealed partial class LdTypeToken : SimpleInstruction
@@ -6550,6 +6612,10 @@ namespace ICSharpCode.Decompiler.IL
 		{
 			Default(inst);
 		}
+		protected internal virtual void VisitLdVirtDelegate(LdVirtDelegate inst)
+		{
+			Default(inst);
+		}
 		protected internal virtual void VisitLdTypeToken(LdTypeToken inst)
 		{
 			Default(inst);
@@ -6932,6 +6998,10 @@ namespace ICSharpCode.Decompiler.IL
 		{
 			return Default(inst);
 		}
+		protected internal virtual T VisitLdVirtDelegate(LdVirtDelegate inst)
+		{
+			return Default(inst);
+		}
 		protected internal virtual T VisitLdTypeToken(LdTypeToken inst)
 		{
 			return Default(inst);
@@ -7314,6 +7384,10 @@ namespace ICSharpCode.Decompiler.IL
 		{
 			return Default(inst, context);
 		}
+		protected internal virtual T VisitLdVirtDelegate(LdVirtDelegate inst, C context)
+		{
+			return Default(inst, context);
+		}
 		protected internal virtual T VisitLdTypeToken(LdTypeToken inst, C context)
 		{
 			return Default(inst, context);
@@ -7544,6 +7618,7 @@ namespace ICSharpCode.Decompiler.IL
 			"ldnull",
 			"ldftn",
 			"ldvirtftn",
+			"ldvirtdelegate",
 			"ldtypetoken",
 			"ldmembertoken",
 			"localloc",
@@ -7864,6 +7939,20 @@ namespace ICSharpCode.Decompiler.IL
 			method = default(IMethod);
 			return false;
 		}
+		public bool MatchLdVirtDelegate(out ILInstruction argument, out IType type, out IMethod method)
+		{
+			var inst = this as LdVirtDelegate;
+			if (inst != null) {
+				argument = inst.Argument;
+				type = inst.Type;
+				method = inst.Method;
+				return true;
+			}
+			argument = default(ILInstruction);
+			type = default(IType);
+			method = default(IMethod);
+			return false;
+		}
 		public bool MatchLdTypeToken(out IType type)
 		{
 			var inst = this as LdTypeToken;
diff --git a/ICSharpCode.Decompiler/IL/Instructions.tt b/ICSharpCode.Decompiler/IL/Instructions.tt
index 31407d783..1890424b7 100644
--- a/ICSharpCode.Decompiler/IL/Instructions.tt
+++ b/ICSharpCode.Decompiler/IL/Instructions.tt
@@ -217,6 +217,9 @@
 			CustomClassName("LdFtn"), NoArguments, HasMethodOperand, ResultType("I")),
 		new OpCode("ldvirtftn", "Load method pointer",
 			CustomClassName("LdVirtFtn"), Unary, HasMethodOperand, MayThrow, ResultType("I")),
+		new OpCode("ldvirtdelegate", "Virtual delegate construction",
+			CustomClassName("LdVirtDelegate"), Unary, HasTypeOperand, HasMethodOperand,
+			MayThrow, ResultType("O")),
 		new OpCode("ldtypetoken", "Loads runtime representation of metadata token",
 			CustomClassName("LdTypeToken"), NoArguments, HasTypeOperand, ResultType("O")),
 		new OpCode("ldmembertoken", "Loads runtime representation of metadata token",
diff --git a/ICSharpCode.Decompiler/IL/Transforms/ExpressionTransforms.cs b/ICSharpCode.Decompiler/IL/Transforms/ExpressionTransforms.cs
index 826cb7f05..b16fb6545 100644
--- a/ICSharpCode.Decompiler/IL/Transforms/ExpressionTransforms.cs
+++ b/ICSharpCode.Decompiler/IL/Transforms/ExpressionTransforms.cs
@@ -297,9 +297,35 @@ namespace ICSharpCode.Decompiler.IL.Transforms
 				inst.ReplaceWith(block);
 				return;
 			}
+			if (TransformDelegateCtorLdVirtFtnToLdVirtDelegate(inst, out LdVirtDelegate ldVirtDelegate)) {
+				context.Step("new Delegate(target, ldvirtftn Method) -> ldvirtdelegate Delegate Method(target)", inst);
+				inst.ReplaceWith(ldVirtDelegate);
+				return;
+			}
 			base.VisitNewObj(inst);
 		}
 
+		/// <summary>
+		/// newobj Delegate..ctor(target, ldvirtftn TargetMethod(target))
+		/// =>
+		/// ldvirtdelegate System.Delegate TargetMethod(target)
+		/// </summary>
+		bool TransformDelegateCtorLdVirtFtnToLdVirtDelegate(NewObj inst, out LdVirtDelegate ldVirtDelegate)
+		{
+			ldVirtDelegate = null;
+			if (inst.Method.DeclaringType.Kind != TypeKind.Delegate)
+				return false;
+			if (inst.Arguments.Count != 2)
+				return false;
+			if (!(inst.Arguments[1] is LdVirtFtn ldVirtFtn))
+				return false;
+			if (!inst.Arguments[0].Match(ldVirtFtn.Argument).Success)
+				return false;
+			ldVirtDelegate = new LdVirtDelegate(inst.Arguments[0], inst.Method.DeclaringType, ldVirtFtn.Method)
+				.WithILRange(inst).WithILRange(ldVirtFtn).WithILRange(ldVirtFtn.Argument);
+			return true;
+		}
+
 		/// <summary>
 		/// newobj Span..ctor(localloc(conv i4->u &lt;zero extend&gt;(ldc.i4 sizeInBytes)), numberOfElementsExpr)
 		/// =>