The pace of hedge fund launches so far this year is even slower than it was in 2018, when fund-formation activity reached its lowest level since 2000.The SEC processed Form D filings for only 439 hedge funds in the first three months of the year — the lowest first-quarter total since the global financial crisis, according to a Hedge Fund Alert analysis. The finding follows a March 21 report from hedge fund tracker HFR that showed the number...