Arlan Hamilton, founder of Backstage Capital, announced her transition from managing partner to chairperson and advisory role to focus on amplifying the firm’s mission. This change follows a challenging period for Backstage, which has invested in over 200 companies but faced a slowdown since 2022. Hamilton revealed a strategic partnership with 360 Venture Collective, which will acquire a significant stake in Backstage and co-manage operations, leading to the launch of a $200 million fund in 2025. She expressed optimism about this new chapter, aiming to enhance support for underestimated founders and ensure the firm’s sustainability.