Private credit is becoming one of the most sought-after entry points for private wealth investors looking for yield, income and diversification beyond public markets. But as more capital flows from private banks, family offices and individual investors into semi-liquid and evergreen structures, the real test is no longer just asset quality. It is whether the product design can withstand liquidity expectations, valuation scrutiny, reporting demands and suitability concerns. This panel will examine how private credit managers, banks and wealth platforms are building products for private wealth clients, where the risks of liquidity mismatch are most acute, and whether the underlying assets, portfolio construction and market infrastructure can support the liquidity these products promise. It will also examine which parts of private credit can genuinely become more liquid and which should remain fundamentally illiquid, and whether Asia’s private credit market can scale responsibly without importing the stresses now visible in more developed markets.