Teddy Cummings is a Vice President within Morgan Stanley Investment Management's Tactical Value Investing team. He joined Morgan Stanley in 2018 and is based in New York. Prior to his current role, Teddy was a founding member of Parquet Capital Management, a Boston-based special situations investment fund, where he was responsible for making distressed credit and special situations equity investments across industries. Before that, Teddy was a research analyst at Anchorage Capital Group in New York, where he focused on credit investments in energy, power and commodities-related businesses. Teddy started his career as an investment banking analyst in the Leveraged Finance departments of Goldman, Sachs & Co. and Jefferies LLC.