Capstone Partners, a global placement agent raising capital for private equity, has promoted Michael Keaveney and Jeff Walters to partner. The promotions are representative of the firm’s commitment to recognizing success within its team.

Keaveney joined the firm in 2014 and focuses on distribution and client origination in the Eastern United States. During his time with the firm, he opened the New York office and expanded the firm’s sponsor and LP relationships.

Walters joined Capstone in 2008 and concentrates on distribution and client origination across the Midwest. Throughout his time with the firm, Walters has remained a key aspect of the firm’s GP and LP coverage.