RECURRENT, LEADING HIGH-GROWTH DIGITAL MEDIA COMPANY SECURES $300M IN NEW FUNDING

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NEW YORK, May 18, 2022 /PRNewswire/ -- Recurrent Ventures announced today the closing of $300 million in new capital led by funds managed by Blackstone Tactical Opportunities ("Blackstone," NYSE: BX). The new funding positions Recurrent to continue to rapidly scale its operations and build a platform for continued strong growth.