If a tree falls in a forest and nobody is around to hear it, PE funds would love for you to believe it doesn't make a sound! That said, besides the lack of real

If a tree falls in a forest and nobody is around to hear it, PE funds would love for you to believe it doesn't make a sound! That said, besides the lack of real time mark to market reporting and thus lack of measurable volatility, perhaps there is some value in long term investing that's forced by the lock up period?