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In December 2025, we stepped through the Capital Portal into an evening defined by candid dialogue and strategic clarity. Hosted in Singapore by Fuse Capital and CMS Asia Pacific, this Executive Evening brought together founders, advisors, and capital leaders to explore how private credit is reshaping growth strategies across Singapore and the wider APAC region. The conversation moved beyond the traditional debt versus equity debate into the deeper forces shaping today’s funding landscape — flexibility, timing, cross-border complexity, dilution trade-offs, lender expectations, and the role of advisors in multi-jurisdictional capital raises. One theme emerged with quiet certainty: private credit is no longer peripheral. It is increasingly central to how ambitious companies think about resilience, optionality, and long-term capital strategy. We extend our thanks to CMS Asia Pacific and to our distinguished panel — Russell Lerman, Daniel Tan, Gerald Licnachan, Dylan Chauhan, and Clarise Kho — for the depth, clarity, and perspective they brought to the discussion. This film captures the energy of the room and the calibre of conversation shaping how companies across APAC are preparing for their next phase of growth.