Fund-Manager Erro Joins Comeback Trail

``Davide Erro, who earlier this year shut down his once $3.8 billion hedge fund Gandhara Capital, is planning to launch a new fund, people familiar with the matter say, joining a fleet of managers who are trying to stage comebacks after racking up losses last year... Messrs. Erro, Anderson and Gendell don't plan to charge previous investors performance fees until returns reach their previous high levels, according to people familiar with their plans.''