Teddy Cummings is an Executive Director within Morgan Stanley’s Tactical Value Team (MSTV). Mr. Cummings joined MSTV in 2018. Prior to his current role, he 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, Mr. Cummings was a research analyst at Anchorage Capital Group in New York, where he focused on credit investments in energy, power and commodities-related businesses. He started his career as an investment banking analyst in the Leveraged Finance departments of Goldman, Sachs & Co. and Jefferies LLC. Mr. Cummings holds a B.A. in Business Administration from the University of Texas at Austin.