Silver Point Private Credit Fund: Replaces sub-administrator with HS Financial

What happened Silver Point Private Credit Fund filed an 8-K reporting that on Oct 12, 2026 it provided notice to U.S. Bancorp Fund Services, LLC that the Fund will terminate the Master Servicing Agreement effective Dec 31, 2026. On Oct 12, 2026 the Fund entered into a Sub-Administrative Services Agreement with HS Financial Technologies Corporation, effective Jan 1, 2027, under which HS Financial will provide substantially similar administrative and professional services.

Key details

• The Previous Sub-Administration Agreement with U.S. Bancorp will terminate effective Dec 31, 2026.
• The New Sub-Administration Agreement with HS Financial is effective Jan 1, 2027 and requires the Fund to pay a monthly service fee.
• The New Sub-Administration Agreement has an initial term of 1 year and automatically renews for successive 1-year periods.
• Termination rights: the Fund may terminate on at least 60 days’ notice; the New Sub-Administrator may terminate on at least 180 days’ notice.
• The Adviser, Silver Point Private Credit Fund Management, LLC, remains primarily responsible for these services under the investment advisory agreement.

Why it may matter This filing reports Item 1.01 (entry into a material definitive agreement) and Item 1.02 (termination of a material definitive agreement), which cover the Fund’s replacement of its sub-administrator and the contractual terms of the new arrangement. The filing does not show why the insider traded or why the company acted.