Jeremy May
About Jeremy May
Jeremy May (year of birth 1970) serves as President and Principal Executive Officer of Clough Global Opportunities Fund (GLO) and the affiliated funds; he has held the officer role since 2023. He is Founder and CEO of Paralel Technologies, LLC and its subsidiaries Paralel Advisors (RIA) and Paralel Distributors (broker/dealer) since June 2020; previously he spent 1995–2019 at ALPS in senior leadership roles across fund services, distribution, advisory and holding company entities . As a registered investment company, GLO’s performance is evaluated by returns rather than operating metrics; for the semi-annual period ending April 30, 2025, GLO returned -3.00% on NAV and +0.64% on market price versus +1.73% for the Morningstar Global Allocation Total Return Index .
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Paralel Technologies, LLC; Paralel Advisors; Paralel Distributors | Founder & CEO | 2020–present | Leads affiliated adviser and distributor supporting the Funds |
| ALPS Fund Services, Inc.; ALPS Distributors, Inc.; ALPS Portfolio Solutions Distributor, Inc. | President & Director | 1995–2019 | Senior leadership across fund services and distribution |
| ALPS Holdings, Inc.; ALPS Advisors, Inc. | Executive Vice President & Director | 1995–2019 | Executive leadership at holding and advisory businesses |
| Clough Global Opportunities Fund | Treasurer (Officer) | 2006–2019 | Served as Fund officer; term ended June 3, 2019 |
External Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| University of Colorado Foundation | Board of Directors | As of 2015 | Non-profit governance (as disclosed at that time) |
| Reaves Utility Income Fund | President, Chairman & Trustee | As of 2015 | Investment company leadership (as disclosed at that time) |
| ALPS Series Trust | President, Chairman & Trustee | As of 2015 | Multi-series trust governance (as disclosed at that time) |
Fixed Compensation
- Officers employed by Paralel or Clough receive no compensation or expense reimbursement from the Funds; the Funds also disclose they do not have a compensation committee .
| Component | Disclosure | Notes |
|---|---|---|
| Base salary paid by GLO | None | Officers employed by Paralel/Clough receive no compensation from the Funds |
| Target bonus % / actual bonus paid by GLO | None | No fund-paid bonus disclosed for officers |
| Perquisites (aircraft, security, etc.) | Not disclosed | No officer perquisite disclosure in proxy |
Performance Compensation
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Fund officer incentive plan | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
The Funds do not have a compensation committee, and proxies indicate officers employed by Paralel or Clough are not compensated by the Funds, so no fund-level incentive plan details are disclosed .
Equity Ownership & Alignment
- Jeremy May beneficially owned 0 shares of GLO as of the 2024 and 2025 proxy reporting dates; ownership percentage was 0% in each year .
- No pledging, hedging, or ownership guideline disclosures are provided for officers in the proxies; only trustee dollar-range holdings are shown .
| Metric | 2024 (as of May 10, 2024) | 2025 (as of May 9, 2025) |
|---|---|---|
| GLO Shares Owned (#) | 0 | 0 |
| Ownership (%) | 0% | 0% |
| Shares pledged | Not disclosed | Not disclosed |
Insider trading activity:
- Third-party trackers report no insider transactions by Jeremy May in GLO over the past 18 months; no recent Form 4 activity is indicated on public trackers .
Employment Terms
| Term | Disclosure |
|---|---|
| Office held | President; Principal Executive Officer |
| Officer start date | Officer since 2023 for GLO |
| Election/term | Officers are elected annually and hold office until a successor is elected by the Board |
| Contract term/expiration | Not disclosed in proxies |
| Severance, change-of-control, acceleration | Not disclosed in proxies |
| Non-compete / non-solicit / garden leave | Not disclosed in proxies |
| Clawback provisions | Not disclosed in proxies |
Performance & Track Record
| Metric | Period | Value |
|---|---|---|
| NAV total return | Semi-annual ending Apr 30, 2025 | -3.00% |
| Market price total return | Semi-annual ending Apr 30, 2025 | +0.64% |
| Benchmark (Morningstar Global Allocation TR) | Semi-annual ending Apr 30, 2025 | +1.73% |
Additional governance context:
- The Audit Committee members are identified (DiGravio, Crescenzi, Versaci, Weber, Burke); Nominating Committee consists of five Independent Trustees; no compensation committee is in place .
- Jeremy May signed the Fund’s July 2, 2025 8‑K related to amended and restated by-laws as President .
Investment Implications
- Pay-for-performance linkage is limited at the fund level: officers employed by service providers (Paralel/Clough) receive no compensation from the Fund, and no incentive plan metrics, severance, or change-of-control economics are disclosed—reducing transparency into compensation alignment with GLO’s investment performance .
- Equity alignment appears minimal: Jeremy May held 0 GLO shares and 0% ownership in both 2024 and 2025; no pledging or hedging disclosures are provided—suggesting limited “skin in the game” at the Fund entity level .
- Governance stability: Officers are elected annually and the President role is paired with external leadership at Paralel, aligning Fund operations with its adviser/distributor; however, without disclosed employment terms, retention risk and incentive structures cannot be assessed from Fund filings .
- Trading signals: Third-party trackers show no insider buying/selling by Jeremy May, and recent performance modestly lagged the benchmark on NAV; absent insider alignment or disclosed performance-based pay, investors should focus on portfolio positioning and discount dynamics rather than executive incentives as catalysts .