Bradley Swenson
About Bradley Swenson
Bradley Swenson (born 1972) serves as Chief Compliance Officer (CCO) of Clough Global Equity Fund (GLQ), appointed as a Fund officer in 2023. He is President and Chief Compliance Officer of Paralel Distributors LLC (since May 2022) and CCO of Paralel Technologies (since January 2023), with prior leadership roles at ALPS Fund Services (President Jun 2019–Jun 2021; COO 2015–2019) and TruePeak Consulting (President 2021–2022) . GLQ’s most recent semi-annual performance to April 30, 2025 was -3.96% on NAV and -1.49% on market price versus +1.04% for its benchmark, indicating headwinds during the period; as CCO, Swenson’s remit centers on compliance oversight rather than portfolio performance .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Paralel Distributors LLC | President & Chief Compliance Officer | May 2022–present | Compliance leadership at the Funds’ distributor |
| Paralel Technologies LLC | Chief Compliance Officer | Jan 2023–present | Compliance oversight at the Funds’ administrator |
| ALPS Fund Services, Inc. | President | Jun 2019–Jun 2021 | Executive responsibility for fund services operations |
| ALPS Fund Services, Inc. | Chief Operating Officer | 2015–2019 | Operational leadership across fund services |
| TruePeak Consulting, LLC | President | 2021–2022 | Consulting leadership in fund services/compliance |
External Roles
| Organization | Role | Years |
|---|---|---|
| Paralel Distributors LLC | President & Chief Compliance Officer | May 2022–present |
| Paralel Technologies LLC | Chief Compliance Officer | Jan 2023–present |
Fixed Compensation
- Officers of the Funds who are employed by Paralel or Clough receive no compensation or expense reimbursement from the Funds (i.e., GLQ does not directly pay Swenson); compensation, if any, is at Paralel/affiliate level and not disclosed in GLQ proxy materials .
| Component | GLQ-Paid Amount | Notes |
|---|---|---|
| Base salary | $0 | Officers employed by Paralel/Clough receive no compensation from the Funds |
| Bonus | $0 | Same as above |
| Perquisites | $0 | Same as above |
No disclosure of Swenson’s base salary, target bonus %, or perquisites at Paralel/affiliates in GLQ filings; skip due to non-disclosure .
Performance Compensation
Equity awards (RSUs/PSUs/options), performance metric weightings/targets, and vesting schedules tied to Swenson’s compensation are not disclosed in GLQ filings and are not paid by GLQ; skip due to non-disclosure .
Equity Ownership & Alignment
- Individual beneficial ownership for Bradley Swenson is not separately listed; the proxy discloses aggregate GLQ holdings by Trustees and Executive Officers as a group of 8,538 shares (<1%), with named holdings for certain trustees but no line item for Swenson .
- No disclosures on vested vs. unvested shares, options, hedging, or pledging for Swenson in GLQ filings; skip due to non-disclosure .
| Metric | GLQ Value | Source |
|---|---|---|
| Shares outstanding (GLQ) | 18,738,120.8920 | Record date May 9, 2025 |
| Trustees & Exec Officers group holdings (GLQ) | 8,538 (<1%) | Group total |
| Pledging/Hedging by Swenson | Not disclosed | No itemized disclosure in proxy |
Employment Terms
- Officer start/tenure: Swenson has been an officer (CCO) of GLV/GLQ/GLO since 2023 .
- Officer election/term: Officers are elected annually; each officer holds office until a successor is elected by the Board .
- Role scope: The Board receives quarterly written reports prepared by the Funds’ CCO evaluating service providers, noting policy changes, and disclosing any material compliance matters, underscoring Swenson’s role in risk oversight .
- Contracts/severance/change-of-control: No employment contract terms, severance multiples, or change-of-control provisions for Fund officers are disclosed in GLQ filings; skip due to non-disclosure .
- Clawbacks/ownership guidelines/pledging policies: Not disclosed for officers in GLQ filings; skip due to non-disclosure .
Performance & Track Record
| Period | GLQ NAV Return | GLQ Market Price Return | Benchmark Return | Notes |
|---|---|---|---|---|
| Semi-annual to Apr 30, 2025 | -3.96% | -1.49% | +1.04% (Bloomberg Developed Markets Large & Mid Cap TR) | Period commentary cites sector contributions/detractors |
- Controls and procedures: GLQ’s principal executive and financial officers concluded disclosure controls were effective; no material changes to internal control over financial reporting in the period—CCO-driven compliance framework supports reliability of reporting .
- Section 16/30(h) reporting: Funds believe all Reporting Persons (including officers) timely filed required reports during FY ended Oct 31, 2024 .
Board Governance (Context for CCO Interaction)
- Committees: Audit Committee and Governance & Nominating Committee are composed of Independent Trustees; Audit Charter reviewed Dec 19, 2024; Governance Charter reviewed Jan 25, 2024 .
- Risk oversight: Independent Trustees meet quarterly in executive session; CCO reports are central to Board’s oversight of service providers and compliance matters .
Investment Implications
- Compensation alignment: GLQ does not compensate its officers; Swenson’s pay and incentives reside at Paralel/affiliates and are not disclosed in fund filings, limiting pay-for-performance assessment and reducing direct fund-linked equity alignment .
- Insider signals: Swenson’s individual GLQ holdings are not itemized; group executive/trustee ownership is de minimis (<1%), offering limited alignment signal; no Form 4/5 transactions for Swenson are referenced in GLQ filings, constraining analysis of selling pressure .
- Retention risk: Officers are elected annually and serve until successors are elected; with employment at Paralel, retention hinges on affiliate arrangements rather than Fund-level contracts—no severance or change-of-control economics disclosed for CCO .
- Execution risk: As CCO, Swenson’s influence is on compliance and risk oversight; Board relies on CCO quarterly reports, and filings indicate effective controls—this mitigates compliance-related execution risk but does not directly drive GLQ investment performance .
- Trading posture: Absence of disclosed individual ownership, 10b5-1 plans, or pledging for Swenson weakens insider-derived trading signals; focus should remain on Fund strategy, leverage, and performance disclosures rather than officer incentive catalysts .