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Backswing Ventures targets 3-5x returns on each defense investment

Verifying
  • Backswing Ventures underwrites each investment for an independent 3-5x return.
  • Fewer than 20% of 2017 and 2018 vintage funds returned 1x DPI.
  • Backswing's Fund II surpassed 1.0x DPI in under three years.
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