other material
confidence high
sentiment neutral
materiality 0.55
Silver Point Private Credit Fund to terminate U.S. Bancorp Fund Services agreement and hire HS Financial Technologies
Silver Point Private Credit Fund
- Silver Point Private Credit Fund notified U.S. Bancorp Fund Services on Oct. 12, 2026 that it will terminate the Master Servicing Agreement effective Dec. 31, 2026.
- New Sub-Administration Agreement dated Oct. 12, 2026 among the Fund, Silver Point Private Credit Fund Management, LLC and HS Financial Technologies Corporation, effective Jan. 1, 2027.
- HS Financial Technologies will provide administrative and professional services substantially similar to U.S. Bancorp Fund Services; initial term is one year and auto-renews thereafter.
- The Fund may terminate the new agreement on at least 60 days' notice; HS Financial Technologies may terminate on at least 180 days' notice.
- The Fund will pay HS Financial Technologies a monthly service fee under Exhibit 10.1, the Sub-Administrative Services Agreement.