Webinar | Examining Private Credit: Understanding the Current State of Play
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Webinar | Examining Private Credit: Understanding the Current State of Play

Updated
15 Feb
2026
published
9 Dec
2025

About the session

With heightened uncertainty surrounding the private credit landscape, driven by the recent bankruptcies of First Brands and Tricolor, investors’ concern around private credit exposures have intensified. Despite the uncertainty, the fundamentals in private credit remain strong, with no signs of widespread credit deterioration. It continues to stand out as an asset class that offers stability, diversification, and the potential for attractive yield.

To address the uncertainty and also provide an update on the private credit solutions available on Endowus, we will be holding a webinar with our partners Blackstone, Brookfield Oaktree Wealth Solutions and HPS Investment Partners - Examining Private Credit: Understanding the Current State of Play on Tuesday, 16 December 2025, at 12:30PM.

The session will be moderated by Yuhan Tan, Senior Investment Lead at Endowus, with Liangzi Chen, Vice President at Blackstone, Shai Wan Sai, Senior Vice President at Oaktree Capital Management and Valarie Wong, Head of Asian Client Relations at HPS Investment Partners as guest speakers. Together, they will examine, discuss, and shed light on the current private credit landscape.

This webinar is open exclusively to clients who are verified Professional Investors (PIs). If you are a verified PI with Endowus, you may request for the webinar registration by reaching out to privatewealth-events.hk@endowus.com.

Onboard today as PI if you would like to join us. For those who have accounts with us, but are not yet verified as PIs, free to opt-in via the form here. After your PI status has been verified, you can request the registration link with our client advisory team.

About the speakers

Liangzi Chen, Vice President, Blackstone

Liangzi is a Vice President in Blackstone’s Private Wealth Solutions Group, based in Singapore. Liangzi is most recently with Partners Group in the Client Solutions Asia team, focusing on fundraising from the Private Wealth segment. Prior to that, she was the dedicated Private Equity Product Specialist with Credit Suisse Private Banking, looking after the distribution business of private market funds on the platform. She started her career with GIC in the Private Equity team based in Singapore.
Liangzi graduated with a Bachelor’s degree from Singapore Management University.

Sai Shai-Wan, Senior Vice President in Client Relationship Management, Brookfield Oaktree Wealth Solutions

Sai Shai-Wan is a Senior Vice President in Client Relationship Management for Brookfield Oaktree Wealth Solutions, responsible for account management of private bank and South-East Asia distributor partners. He joined Brookfield in 2022 and was previously a Vice President at BlackRock covering Asia-Pacific wealth clients across the whole spectrum of capabilities comprising alternatives, active funds, ETFs and tailored client solutions. Before BlackRock, he worked at Aberdeen Standard Investments, in both Singapore and Hong Kong, covering Asia wholesale distribution with global bank partners.
Shai-Wan holds a Bachelor of Commerce (Honours) degree from the University of Melbourne majoring in Finance and Economics.

Valerie Wong, Head of Asian Client Relations, HPS Investment Partners
Valerie Wong is the Head of Asian Client Relations at HPS Investment Partners. Prior to joining HPS in 2021, Ms. Wong worked at AIA Group focusing on manager selection in Private Equity, Private Debt and Alternative Credit investments. She was responsible for over US$1.5 billion of general accounts capital at AIA. From 2018 to 2020 Ms. Wong was the Head of Asia Private Debt at Mercer Investment, where she was a member of the Global Private Debt Investment and Rating Committee. Ms. Wong started her career as a research analyst at JP Morgan, followed by a similar role at HSBC.
Ms. Wong holds a Bachelor of Arts Degree from University of British Columbia.

Yuhan Tan, Senior Investment Lead, Endowus

Yuhan Tan is responsible for the sourcing and screening of alternative strategies, along with other functions of the Endowus Investment Office. Yuhan was previously at Mercer and Cambridge Associates, two investment consulting firms that provide investment portfolio management and advisory services to institutional investors. Yuhan was also with Hawksburn Capital, a multi-family office that provides investment advisory services to high-net-worth individuals.
Yuhan graduated from Singapore Management University with a Bachelor of Science in Economics.

Disclaimers
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This webinar has been prepared by Endowus HK Limited ("Endowus"), which is licensed (CE No. BQR225) by the Securities and Futures Commission (the "SFC") in Hong Kong pursuant to the Securities and Futures Ordinance (Cap. 571) to carry on business in Type 1 (Dealing in Securities), Type 4 (Advising on Securities) and Type 9 (Asset Management) regulated activities. You can verify this information on the SFC's website.The content contained in this page has not been reviewed by the SFC or any regulatory authority in Hong Kong and are subject to the disclaimers set out below.

Disclaimer: This webinar is intended for Professional Investors only.

The content of the webinar have not been authorised by the Securities and Futures Commission of Hong Kong (the "SFC"), nor has this document been approved or reviewed by the SFC under the Securities and Futures Ordinance (Cap. 571) (the "SFO") or the Companies (Winding Up and Miscellaneous Provisions) Ordinance  (Cap. 32) (the "C(WUMP)O"), or registered with the Registrar of Companies in Hong Kong pursuant to the C(WUMP)O. Accordingly, the content and use of this information shared in the webinar must comply with each of the following:-SFO: the content of the webinar is not and does not contain an offer to the public of Hong Kong to acquire or subscribe for any interests in funds other than: (a) an offer only to “professional investors” as defined in the SFO and any rules made under the SFO to do so or; (b) to the extent that the content of the webinar is not a “prospectus” as defined in the C(WUMP)O by virtue of any of the maximum offeree number, minimum investment amount or other exclusions set out in the C(WUMP)O (the "Prospectus Exclusions”); andC(WUMP)O: the content of the webinar must not be issued, circulated or distributed to any person in Hong Kong other than: (a) to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent; (b) to “professional investors” as defined in the SFO and any rules made under the SFO; (c) in circumstances in which the content of the webinar is not a “prospectus” as defined in the C(WUMP)O by virtue of any of the Prospectus Exclusions; or (d) otherwise in circumstances that do not constitute an offer to the public within the meaning of the C(WUMP)O.

This material and information herein is provided by Endowus for general information only and does not constitute a recommendation, an offer to sell, or a solicitation to invest in the Fund or other products mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. The information is subject to change at any time without notice. Investments are subject to investment risks including the possible loss of the principal amount invested. Past performance is not necessarily indicative of the future or likely performance of the Fund. Any forward-looking statements, prediction, projection or forecast on the economy, stock market, bond market or economic trends of the markets contained in this material are subject to market influences and contingent upon matters outside the control of Endowus and therefore may not be realised in the future. There can be no assurance that investment objectives will be achieved. Its contents are based on information obtained from sources believed to be reliable but Endowus makes no representations and accepts no responsibility or liability as to its completeness or accuracy. The information does not constitute, and should not be used as a substitute for, tax, legal or investment advice. The information should not be relied upon exclusively or as authoritative without further being subject to your own independent verification and exercise of judgment.

Before you invest in any investment products, you should read the relevant offering documents for disclosure of key features, key risks and other important information of the product and obtain advice from Endowus or a financial adviser ("FA") before making a commitment to invest in the Fund. In the event that you choose not to obtain advice from Endowus or a FA, you should assess whether the Fund is suitable for you before proceeding to invest. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss or consequences arising whether directly or indirectly as a result of your acting based on the information in this material.  This material and information herein are not for any person in any jurisdiction or country where such distribution or availability for use would contravene any applicable law or regulation or would subject Endowus to any registration or licensing requirement in such jurisdiction or country.

Please also refer to our full disclaimer here. Investment involves risk. Past performance is not an indicator nor a guarantee for future performance. projected performance is not guaranteed. This material has not been reviewed by the SFC.

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