Michael Arrington, the founder of TechCrunch, will be stepping down as managing editor of the popular the technology blog. However, he won’t be straying from the technology space. Arrington will be starting a new fund, aptly named CrunchFund, to invest in early-stage start-ups — many of which will undoubtedly continue to be covered on his popular blog. Arrington’s partner in the fund is Patrick Gallagher, who has been a partner at VantagePoint Capital Partners since 2008. “Mike will run the fund and will continue to write for TechCrunch, but will have no editorial oversight,” said…