Silver Point Specialty Lending Fund: enters new sub-administration agreement

What happened

• The fund filed an 8-K reporting that on Oct 12, 2026 the adviser, Silver Point Specialty Credit Fund Management, LLC, provided notice to U.S. Bancorp Fund Services, LLC (the Previous Sub-Administrator) that it will terminate the Master Servicing Agreement (the Previous Sub-Administration Agreement) effective Dec 31, 2026.
• The filing also reports that on Oct 12, 2026 the fund entered into a Sub-Administrative Services Agreement (the New Sub-Administration Agreement) among the fund, the adviser and HS Financial Technologies Corporation (the New Sub-Administrator), under which the New Sub-Administrator will provide certain administrative and professional services to the fund effective Jan 1, 2027.

Key details

• The New Sub-Administration Agreement is dated Oct 12, 2026 and becomes effective Jan 1, 2027.
• The Previous Sub-Administration Agreement will be terminated effective Dec 31, 2026.
• The fund will pay the New Sub-Administrator a monthly service fee; the agreement has an initial term of 1-year and will automatically renew for successive 1-year periods.
• The New Sub-Administration Agreement may be terminated by the fund upon at least 60 days’ notice or by the New Sub-Administrator upon at least 180 days’ notice.

Why it may matter

• This filing was made under Item 1.01 (entry into a material definitive agreement) and Item 1.02 (termination of a material definitive agreement). It reports changes to the parties that provide administrative and professional services to the fund and sets out the effective dates and basic contract terms. The filing does not show why the insider traded or why the company acted.