Form D · Other Investment Fund

Axcelus Financial Life Insurance Co Separate Account VA 162

Philadelphia, PA · CIK 0001692897

Offering snapshot reported Jul 24, 2024 · SEC filing

Reported sold
$15.2M
Indefinite offering
Investors reported
7
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Dec 16, 2016
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$7.6M$15.2MDec 28, 2016: $250,000.00Dec 28, 2016May 9, 2017: $6,000,000.00Mar 26, 2018: $7,500,000.00Apr 16, 2019: $8,277,910.00Mar 26, 2020: $12,777,910.00Apr 19, 2022: $14,587,910.00May 23, 2023: $14,899,363.00Jul 24, 2024: $15,209,363.00Jul 24, 2024

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$14,899,363 → $15,209,363

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jul 24, 2024Amendment$15,209,363$310,000vs May 23, 20237SEC filing
May 23, 2023Amendment$14,899,363$311,453vs Apr 19, 20227SEC filing
Apr 19, 2022Amendment$14,587,910$1,810,000vs Mar 26, 20208SEC filing
Mar 26, 2020Amendment$12,777,910$4,500,000vs Apr 16, 20198SEC filing
Apr 16, 2019Amendment$8,277,910$777,910vs Mar 26, 20187SEC filing
Mar 26, 2018Amendment$7,500,000$1,500,000vs May 9, 20176SEC filing
May 9, 2017Amendment$6,000,000$5,750,000vs Dec 28, 20163SEC filing
Dec 28, 2016Initial$250,000No comparison1SEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$383K
Finders' fees
$0
Form D file number
021-277113
variable annuity contracts
Issuer pay no sales commissions or finders' fees. Axcelus Financial pays all sales commissions from its corporate resources.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
M Holdings Securities, Inc43285Eric Naison-Phillips · CRD 5155539
M Financial Securities Marketing, Inc139304Michael B. Liebeskind · CRD 1219051
M Financial Securities Marketing, Inc.139304Eric Naison-Phillips · CRD 5155539

Source: Form D, filed Jul 24, 2024. Minimum accepted may differ from a standard advertised minimum.

Fund connections

No confirmed ADV fund connection is available for this issuer.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Axcelus Financial Axcelus Financial Life Insurance Company Promoter
Lilac Lombard International Life Assurance Company Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
One Liberty Place, 1650 Market Street 8 Th Floor
Philadelphia, PA, 19103