CITIC Capital Partners completed a $50m investment in MedAlliance.

CITIC Capital Partners, an investment management firm, completed a $50m investment in MedAlliance, a developer of medical technology. Financial terms were not disclosed. “We are very pleased to have Trustar Capital as a valued partner and have established a strong relationship with their team over a substantial period of time. Their in-depth knowledge and expertise in the global medical device market will be of tremendous benefit to us. Validation from this highly successful and respected organization represent a significant endorsement of both our technology and our team and will help us to improve and extend the lives of patients around the world," Jeffrey B. Jump, MedAlliance Chairman and CEO.