Minneapolis-based Voyageur Asset Management has acquired the institutional assets of Daniel S. Kampel Associates. The terms of the transaction were not disclosed.
Kampel, who formed Kampel Associates in New York City in 1986, was one of the first financial professionals to advise Taft Hartley pension and welfare funds, according to Voyageur. He will now serve as a consultant to Voyageur.
Voyageur, a subsidiary of RBC Dain Rauscher Corp., manages nearly $15 billion in assets for individuals, public entities, Taft-Hartley plans, corporations, private nonprofit organizations, foundations, endowments and healthcare organizations.