Summary of Significant Accounting Policies - Summary of Cash, Restricted Cash and Cash Equivalents (Details) - USD ($)

Mar. 31, 2026

Dec. 31, 2025

Mar. 31, 2025

Dec. 31, 2024

Cash

$ 14,910,451

$ 11,027,679

Restricted cash

27,500,000

Foreign cash held at banks

400,000

Total

^[1]

$ 42,795,555

$ 11,027,679

$ 20,865,997

$ 11,191,439

[1]

For the Three Months Ended March 31,

2026

2025

Cash flows from operating activities

Net increase (decrease) in net assets resulting from operations

2,741,278

1,081,133

Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities

Net amortization/accretion of premium/discount on investments

(919,320

)

(96,672

)

Amortization of deferred financing costs and debt issuance costs

318,329

179,161

Amortization of deferred offering costs

38,004

—

Payments for purchase of investments

(341,983,738

)

(26,265,033

)

Proceeds from sales, paydowns and resolutions of investments

60,909,963

5,674,870

Interest paid-in-kind

(193,823

)

—

Net realized (gain) loss from investments

(286,881

)

2,066

Net change in unrealized (appreciation) depreciation from investments

6,396,379

(171,835

)

Net (increase) decrease in operating assets and increase (decrease) in operating liabilities

Interest receivable

(2,051,269

)

(141,312

)

Other assets

(5,436,920

)

6,088

Payable for unsettled transactions

(41,284,908

)

(8,930,024

)

Interest payable

507,255

1,157,027

Income incentive fee payable

933,809

—

Administration fee payable

(207,737

)

203,321

Origination fee payable

—

(688,338

)

Other liabilities

533,877

—

Accrued expenses(1)

151,271

39,364

Net cash provided by (used in) operating activities

(319,834,431

)

(27,950,184

)

Cash flows from financing activities

Proceeds from debt borrowings

367,786,500

—

Principal debt payments

(213,800,000

)

—

Payment of deferred financing costs and debt issuance costs

(1,613,101

)

(358,323

)

Issuance of common shares

213,682,130

15,000,000

Proceeds from sell/buy-back agreements

—

47,623,175

Repayments of sell/buy-back agreements

(5,146,231

)

(24,640,110

)

Dividends paid in cash

(9,306,991

)

—

Net cash provided by (used in) financing activities

351,602,307

37,624,742

Net increase (decrease)

31,767,876

9,674,558

Beginning of period balance(2)

11,027,679

11,191,439

End of period balance(2) (Note 2)

42,795,555

20,865,997

(1) Accrued offering costs not yet paid have been netted out of accrued expenses

(2) Including cash and cash equivalents and foreign cash held at banks

Supplemental cash flow information

Cash paid during the period for interest

2,775,043

67,948

Reinvestment of dividends during the period

536,728

—

Dividends payable

2,446,140

—

Deferred financing costs paid in current period but incurred in prior period

—

358,323

Deferred offering costs incurred but not yet paid

191,281

—

Unamortized deferred offering costs

153,277

—

- Definition

Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 944
-SubTopic 605
-Name Accounting Standards Codification
-Section 55
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477548/944-605-55-14

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 944
-SubTopic 605
-Name Accounting Standards Codification
-Section 55
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477548/944-605-55-11

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 852
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481372/852-10-55-10

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 830
-Name Accounting Standards Codification
-Section 55
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479168/946-830-55-12

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-04(4))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479170/946-210-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section 45
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477796/946-210-45-21

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-SubTopic 210
-Topic 946
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477796/946-210-45-20

+ Details

Silver Point Private Credit Fund 10-Q