Two members of SWIB’s private equity team have recently received industry recognition for their work.
Senior Portfolio Manager Beth Holzberger is one of 10 allocators featured in PE Hub’s “Women in Private Equity 2025.”
The list features “women who have excelled as leaders, innovated, executed on novel strategic visions, and pushed the industry’s boundaries.”
Holzberger manages and underwrites fund investments and co-investments as part of SWIB’s private equity portfolio worth $25 billion.
She has strategically expanded SWIB’s private equity exposure to the technology sector, spanning from the lower middle market to mega funds.
Holzberger joined SWIB in 2006 and rose to become a senior portfolio manager in 2023. Since her arrival, private equity has grown to become a pillar of SWIB’s strategy, increasing from approximately 5% of the agency’s asset allocation to 20% under her and her team’s technical guidance.
“Beth has been a key contributor to SWIB’s private equity efforts for nearly two decades,” SWIB Executive Director/Chief Investment Officer Edwin Denson said.
“With deep expertise across private equity, growth, private credit, secondaries, and co-investments, she is a versatile investor that brings a lot to the table,” Denson added.
Meanwhile, Senior Portfolio Engineer Salah Khalaf was named in Private Equity International’s “40 Under 40: Future Leaders,” which recognizes individuals under 40 who are shaping the future of the private equity industry.
As a key member of SWIB’s Private Markets & Funds Alpha team, Khalaf joined in 2022 and is redefining the role of analytics in private equity. His pivotal work in developing advanced quantitative tools has transformed a traditionally qualitative process into one driven by robust data insights.
“Salah conceptualized and established the portfolio engineer role at SWIB, with a focus on empowering the investment team,” Denson said. “He is a professional who thinks outside the box to develop and implement innovative solutions, earning him recognition among peers and the trust of his colleagues,” added Denson.