Deal of the Week: Low profile family office backs credit startup

A little known family office based in Maryland along with a founder-backed private equity group have invested in a Baltimore corporate credit startup.

Point Field Partners, an investment office owned by Stephen Bisciotti – a Maryland-based entrepreneur who co-founded Aerotek, now the Allegis Group, the world’s biggest talent management group – has invested in Cerebro Capital, an online platform to source and manage corporate credit facilities.

Point Field, along with Sterling Partners, a Chicago-based investment group co-founded by Doug Becker, who founded Laureate Education, one of the biggest higher education companies in the world, joined three other investors with a total commitment of $4.8 million in Cerebro Capital.

Bisciotti is a well-known billionaire in his home state of Maryland largely because of his ownership of the Baltimore Ravens, a National Football League side in the US.