Blackstone's GSO Bounces Back on Distressed-Debt Investments

The video discusses the performance and opportunities in the distressed debt market, focusing on Blackstone's GSO unit. It highlights the recovery of distressed debt investments and compares their performance with performing assets. The video also explores the potential opportunities in the market, given the current credit cycle and high asset valuations. Additionally, it analyzes the returns on Triple C rated debt, noting significant gains in the first quarter. The discussion concludes with an examination of future opportunities and the challenges posed by high valuations.

What challenges are currently faced in finding opportunities in the distressed debt market according to the text?

Discuss the implications of high valuations on investment opportunities in distressed debt.