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September one, 2011 –  SAN FRANCISCO (Reuters) - Michael Arrington, a single of the best-profile U.S. engineering bloggers, has created a venture cash fund to invest in promising commence-ups. The editor of TechCrunch will lead the $ twenty million "CrunchFund," whose listing of limited partners reads like a who's who of Silicon Valley heavyweights, from Kleiner Perkins to Andreessen Horowitz. Online firm AOL Inc, which bought TechCrunch in September 2010, is also a constrained spouse in the new fund. The move comes months after Arrington publicly declared that he had started to actively invest in commence-up businesses, triggering lively debate inside the industry. Given his part as founder of an influential weblog, Arrington options to disclose potential conflicts of fascination in anything at all he writes, AOL spokesman Mario Ruiz said. And, AOL will commence looking for a controlling editor to oversee TechCrunch's day-to-day operations and standards, whilst Arrington stays "founding editor." "The best way for me to manage this is to be up front about all of these investments and disclose it in posts, which I've completed and will continue on to do," Arrington, a previous company lawyer, wrote in a blog site publish on TechCrunch in April. Arrington developed the CrunchFund with Pat Gallagher, a venture funds investor who went to school with Arrington at Claremont McKenna University. Among the restricted partners investing in the fund are venture funds companies Accel Partners, Kleiner Perkins Caufield & Byers and Marc Andreessen and Ben Horowitz, according to a description posted on the TechCrunch internet site. (Reporting by Alexei Oreskovic Editing by Steve Orlofsky)