Silver Point Private Credit Fund has announced a change in its administrative services provider, terminating its agreement with U.S. Bancorp Fund Services, LLC and entering into a new contract with HS Financial Technologies Corporation.
On October 12, 2026, the Fund provided notice that it will terminate the Master Servicing Agreement with U.S. Bancorp Fund Services, LLC, effective December 31, 2026. The previous sub-administrator provided administrative and professional services to the Fund, for which Silver Point Private Credit Fund Management, LLC (the Adviser) is primarily responsible under the investment advisory agreement.
On the same date, the Fund entered into a Sub-Administrative Services Agreement with HS Financial Technologies Corporation (HSFT). The new agreement is effective January 1, 2027. HSFT will provide substantially similar administrative and professional services to the Fund.
The new agreement has an initial term of one year and will automatically renew for successive one-year periods. The Fund will pay the New Sub-Administrator a monthly service fee. The agreement may be terminated by the Fund upon at least sixty days' notice or by HSFT upon at least 180 days' notice.
