Question: What is the problem with using IRR as a performance metric in private equity? It is too sensitive to the length of the investment horizon

What is the problem with using IRR as a performance metric in private equity?
It is too sensitive to the length of the investment horizon
It is contusing and difficull to understand
In doesnt consider the time horizon at all
It only provides a relative performance to the market, which may underperform that year
What is the problem with using IRR as a

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