Jill Kerschen
About Jill Kerschen
Jill Kerschen (born 1975) is Treasurer and Principal Financial Officer of Clough Global Opportunities Fund (GLO), serving as an officer since 2023; she joined Paralel in 2021 and is currently Director, Client Engagement (2025 proxy) / Director of Fund Administration (2024 proxy) . Officers employed by Paralel receive no compensation from the Funds, and the proxies do not disclose performance-tied compensation metrics for officers . As of April/May 2025, she reported no beneficial ownership of shares in GLV, GLQ, or GLO .
Past Roles
| Organization | Role | Years | Strategic Impact/Responsibility |
|---|---|---|---|
| Paralel Technologies LLC / Paralel Advisors | Director, Client Engagement | 2021–present | Fund administration/client engagement leadership in the fund complex |
| Paralel Technologies LLC / Paralel Advisors | Director of Fund Administration | 2021–present (disclosed in 2024 proxy) | Oversees fund administration activities |
| ALPS Advisors, Inc. | Vice President | 2019–2021 | Senior role at registered investment adviser supporting funds |
| ALPS Fund Services, Inc. | Vice President and Fund Controller | 2013–2019 | Fund controller responsibilities for investment company operations |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| Paralel Technologies LLC (fund administrator to the Funds) | Director, Client Engagement / Director of Fund Administration | 2021–present | Paralel serves as administrator to the Funds (address 1700 Broadway, Suite 1850, Denver, CO 80290) |
Fixed Compensation
- Officers employed by Paralel or Clough receive no compensation or expense reimbursement from the Funds .
| Compensation Source | FY 2024 | Note |
|---|---|---|
| Paid by GLO/GLV/GLQ to Fund Officers employed by Paralel/Clough | $0 | Proxies disclose officer compensation is not paid by the Funds |
Performance Compensation
- No performance-based incentives (RSUs/PSUs/options), vesting schedules, or payout metrics are disclosed for Fund officers; officer compensation is not paid by the Funds .
Equity Ownership & Alignment
| Metric | FY 2023 | FY 2025 |
|---|---|---|
| GLO Shares Owned (units) | 0 | 0 |
| GLO Ownership (% of shares outstanding) | 0% | 0% |
| GLV Shares Owned (units) | 0 | 0 |
| GLQ Shares Owned (units) | 0 | 0 |
| Principal Financial Officer designation | Yes (PFO of each Fund) | Yes (PFO of each Fund) |
Employment Terms
- Office and Tenure: Officers are elected annually and hold office until a successor is elected by the Board; Ms. Kerschen has been an officer (Treasurer) since 2023 across GLV, GLQ, and GLO .
- Roles: Treasurer of each Fund; Principal Financial Officer of each Fund .
- Administrator: Paralel is the administrator to each Fund; officers employed by Paralel/Clough do not receive compensation from the Funds .
- Section 16 Compliance: Based on reports provided, Reporting Persons (including officers) timely filed required ownership reports for fiscal year ended October 31, 2024 .
Investment Implications
- Compensation alignment: Fund-level pay-for-performance levers do not apply to officers employed by the administrator; proxies explicitly state officers employed by Paralel receive no compensation from the Funds, implying no Fund equity awards, options, or performance pay—reducing direct alignment via Fund-based incentives .
- Ownership signal: Reported 0 share ownership in GLO (and across the fund complex) in both 2023 and 2025, indicating limited “skin in the game” alignment from equity stake; there is no disclosure of pledging/hedging in the proxies reviewed .
- Retention and risk: Terms show annual officer election without disclosed severance, change-of-control, non-compete, or vesting provisions for Fund officers; retention risk and compensation drivers likely sit at the administrator (Paralel), but those terms are not disclosed in Fund proxies .
- Trading signals: With no Fund-paid equity awards and 0 reported beneficial ownership, typical insider selling/vesting pressure signals are absent from Fund disclosures; Section 16 reporting is timely for FY 2024, reducing compliance risk .