Luxembourg-headquartered private equity fund CVC announced that its CVC Asia Fund IV has entered into binding agreements to invest HK$2 billion (US$255 million) of new capital for 25% in RKE International Holdings Limited, a toll road operator in China. RKE is a subsidiary of RKI, a Hong Kong listed property development and infrastructure conglomerate. RKE invests in, develops, manages, and operates expressways and toll roads. It has a portfolio of five expressways spanning 340 kilometer and strategically located in important … Private Equity Firm CVC Invests $255M In Chinese Toll Road Operator RKE appeared first on China Money Network.