Climate of Distressed Opportunities

I'm interested in learning more about the current landscape of distressed investment opportunities for PE houses and other funds at the moment.

but I'm wondering how things have changed and if funds are still able to make high returns in this way.

Are places like Apollo, SVP & Oaktree still high performing?

Also what does the pathway to a seat at these places look like nowadays?

All resource recommendations and insights are appreciated.

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