Real estate fund manager Agincourt Capital is seeking to launch a renminbi secured convertible offshore bond fund for Australian real estate. The Agincourt Capital Australian RMB Fund will seek to raise around $529 million from five-year bonds.

The fund offers Chinese and foreign investors access to invest in Australian real estate through RMB convertible bonds. Agincourt will work from its offices in Hong Kong, London and Melbourne to cater to financial institutions, pension funds and high-net-worth individuals.

Click here for the release from Business Wire.