v3.26.1
N-2 - $ / shares
3 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Dec. 31, 2024
Cover [Abstract]        
Entity Central Index Key 0002033382      
Amendment Flag false      
Securities Act File Number 000-56819      
Document Type 10-Q      
Entity Registrant Name SILVER POINT PRIVATE CREDIT FUND      
Entity Address, Address Line One Two Greenwich Plaza      
Entity Address, Address Line Two Suite 1      
Entity Address, City or Town Greenwich      
Entity Address, State or Province CT      
Entity Address, Postal Zip Code 06830      
City Area Code 203      
Local Phone Number 542-4200      
Entity Emerging Growth Company true      
Entity Ex Transition Period false      
General Description of Registrant [Abstract]        
Investment Objectives and Practices [Text Block] Our investment objective is to achieve stable income generation with attractive risk-adjusted returns by investing primarily in U.S. middle market lending opportunities, and specialty asset based financings. We define “middle market companies” to generally mean companies with earnings before interest expense, income tax expense, depreciation and amortization (“EBITDA”) between $50 million and $200 million annually and/or enterprise value between $150 million and $2 billion at the time of investment. As of March 31, 2026, the portfolio median EBITDA for our portfolio companies was approximately $143.9 million. We may also, from time to time, invest in larger or smaller companies. In seeking to achieve our investment objective, we may also invest across a broad range of industries. We will invest primarily in first-lien debt, but may also invest in second-lien debt, mezzanine and unsecured debt, equity, structured credit, and derivatives depending on the opportunity set and market environment.

We focus on U.S. middle market opportunities that have barriers to entry because they entail in-depth due diligence, valuation and collateral analyses; involve complexity; and require speed and certainty of execution and similar features that limit the participation of traditional financing sources. These opportunities are often less competitive and allow us to require more favorable structural and economic terms than available in broader public markets. In addition to investments in U.S. middle market companies, we may invest a portion of our capital in opportunistic investments, including, but not limited to, loans, debt securities (secured and unsecured) and equity. The proportion of these types of investments will change over time given our views on, among other things, the economic and credit environment in which we are operating.

Our Adviser believes the middle market lending environment is attractive throughout the credit cycle as a result of the following (i) growing demand for non-traditional lenders, (ii) trajectory of the middle market environment, (iii) dynamics of middle market lending conditions and (iv) the niches of the specialty lending market, on which we believe our Adviser has the credit expertise and sourcing relationships to capitalize. The reduced competition and barriers to entry within these deals may allow us to originate and purchase loans at premium economics and with better creditor protections than those available in the broader market.

     
Risk Factors [Table Text Block]

Item 1A. Risk Factors

In addition to the other information set forth in this report, you should carefully consider the risk factors discussed below and contained in "Item 1A. Risk Factors" in our most recent registration statement on Form 10/A, filed with the SEC on March 31, 2026, each of which could materially affect our business, financial condition or future results. The risks described in Form 10/A are not the only risks facing the Fund. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our business, financial condition and/or operating results.

     
NAV Per Share [1] $ 26.66 $ 27.57 $ 25.31 $ 23.82
[1] The per share data was derived by using the weighted average shares outstanding during the applicable period, except for net asset value and distributions declared which reflected the actual amount per share for the applicable period.