Jill Kerschen
About Jill Kerschen
Treasurer and Principal Financial Officer of Clough Global Equity Fund (GLQ) since April 17, 2023; year of birth 1975. She joined Paralel in 2021 and currently serves as Director, Client Engagement (2025 proxy), having previously been Director of Fund Administration (2024 proxy); prior roles include Vice President at ALPS Advisors (2019–2021) and Vice President/Fund Controller at ALPS Fund Services (2013–2019) . Officers supplied by Paralel receive no compensation from the Fund (compensation paid by Paralel), and the proxies do not present TSR/revenue/EBITDA performance metrics tied to her compensation .
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Paralel Technologies LLC | Director, Client Engagement (2025 proxy); Director of Fund Administration (2024 proxy) | 2021–present | Paralel provides GLQ’s trust officers under the Administration and Fund Accounting Agreement; Kerschen serves as Fund Treasurer/PFO |
| ALPS Advisors, Inc. | Vice President | 2019–2021 | Finance and fund administration for investment companies (per role titles) |
| ALPS Fund Services, Inc. | Vice President and Fund Controller | 2013–2019 | Fund controller responsibilities for investment companies |
External Roles
No external directorships or public-company board roles for Kerschen are disclosed in GLQ’s proxy filings reviewed (officer biography sections list only Paralel and prior ALPS roles) .
Fixed Compensation
- Officers employed by Paralel receive no compensation or expense reimbursement from GLQ; compensation is paid by Paralel (base salary, bonus, equity grant details are not filed by GLQ) .
Performance Compensation
- Fund-paid incentive compensation is not applicable; GLQ does not pay officers employed by Paralel, and the proxy does not disclose any fund-paid performance metrics or awards for officers .
Equity Ownership & Alignment
Multi-year beneficial ownership across the Clough funds:
| Metric | FY 2024 | FY 2025 |
|---|---|---|
| GLQ shares owned (units) | 0 | 0 |
| GLQ ownership (%) | 0% | 0% |
| GLV shares owned (units) | 0 | 0 |
| GLV ownership (%) | 0% | 0% |
| GLO shares owned (units) | 0 | 0 |
| GLO ownership (%) | 0% | 0% |
Additional alignment notes:
- Section 16(a) reporting compliance was timely for reporting persons in the latest fiscal years; Kerschen is identified as Principal Financial Officer in the proxy ownership tables and 8-K .
- “No officer employed by Paralel owns any shares of the Fund” (affirmed at time of the 8-K announcing her appointment) .
Employment Terms
- Appointment and tenure: Appointed Treasurer (PFO) effective April 17, 2023; officer since 2023 (officers elected annually) .
- Officer positions are provided under the Administration and Fund Accounting Agreement with Paralel; Paralel supplies the President, Treasurer, Secretary, and CCO positions .
- Insurance/indemnification: Officer positions supplied by Paralel are covered by the Trust’s D&O/E&O policy; coverage is to continue after officers cease serving and for at least six years or after a merger/termination (on substantially the same terms as other Trust officers) .
- Compensation committee: The Funds do not have a compensation committee (trustee governance context) .
Investment Implications
- Pay-for-performance alignment: Because GLQ does not pay its officers, fund filings contain no cash/equity incentive structures or performance metrics for Kerschen, limiting direct assessment of pay-for-performance alignment at the Fund level; her incentives reside at Paralel .
- Ownership alignment: Zero beneficial ownership in GLQ/GLV/GLO indicates minimal “skin in the game” at the fund level; pledging/hedging not disclosed in fund filings .
- Retention risk: As a Paralel employee supplied under the administration agreement, retention risk for GLQ depends on Paralel’s employment terms rather than GLQ; D&O/E&O protections reduce personal risk exposure but do not substitute for severance/change-of-control disclosure (none in GLQ filings) .
- Trading signals: With 0 shares reported, insider selling pressure from Kerschen’s fund holdings is structurally limited; Section 16 compliance noted, but no officer-specific Form 4 details are provided in the proxies/8-K reviewed .