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Blackstone Tactical Opportunities led a $300m funding round in Recurrent Ventures.

Synopsis

Blackstone Tactical Opportunities, an opportunistic investing platform, led a $300m funding round in Recurrent Ventures, a digital media company. "We are extremely proud of what we've done so far with our digital media brands, from growing audiences, to developing our brand monetization playbook, to bringing in best-in-class talent. Our belief in transparency, investment in editorial teams, and commitment to adopting best practices from various industries is helping us create a new type of digital media company," Lance Johnson, Recurrent CEO.

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