GS Specialty Situations Group / Private Credit Inquiry

Hey, new guy on here (in college with both PE and PC internship experience - one more year after this since I am getting an MS in Finance) who is interested in working in opportunistic/distressed debt.
preface: ignoring the feasibility of entering the space or my stats, not looking at if I can get these positions, more of want an objective comparison. and yes yes I know "the Goldman Sachs"
I've read a lot in the past about GS specialty situations group which to my knowledge was made up of 4 teams that traded on the balance sheet, and was considered one of the top-notch groups within the firm. My understanding is that originally the group was part of the securities division and in 2019 the group combined with the merchant banking division and then in 2020 this was further merged into the asset management division of GS. End of 2022, GS restructured again and asset management combined with consumer wealth management to create the asset and wealth management division.
My question is that after all of these mergers, are those original 4 teams of SSG still distinct within GSAM? Do they still exist? Without the SSG title are still as prestigious? I read that GS seems to have expanded these groups to invest on not only the balance sheet but also on raised funds - does this change how they work?
GS has a specialty lending group which based on previous threads appears to be the offshoot of one of the original SSG teams and part of GS private credit that focuses on smaller more niche situations as well as more distressed situations (I think??). Does anyone have any insight about the team and how it works? Thoughts on working here compared to a private credit team (focused on opportunistic or distressed debt) at say Blackstone, KKR, and the likes?
Thanks


 

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