(Bloomberg) -- BlackRock, Macquarie Group and Millennium Capital Management former employees are planning a Hong Kong-based hedge fund which will use computer models to spot trading opportunities in 13 Asian stock markets.

Zentific Investment Management, led by Chief Investment Officer Christopher Lee, will start the market-neutral fund early next year, said HS Group, a Hong Kong-based provider of long-term capital to newer hedge funds, which will be one of its first investors, in an e-mailed statement. The other investors are Zentific partners and unidentified institutions, according to the statement.

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