Form D · Other Investment Fund

Axcelus Financial Life Insurance Co Separate Account VA 231

Philadelphia, PA · CIK 0001759717

Offering snapshot reported Aug 6, 2024 · SEC filing

Reported sold
$12.5M
Indefinite offering
Investors reported
2
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Nov 7, 2018
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$6.26M$12.5MNov 21, 2018: $10,237,853.00Nov 21, 2018Apr 20, 2022: $10,252,937.00Apr 20, 2022Aug 6, 2024: $12,526,602.00Aug 6, 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$10,252,937 → $12,526,602
  • Reported investors1 → 2

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Aug 6, 2024Amendment$12,526,602$2,273,665vs Apr 20, 20222SEC filing
Apr 20, 2022Amendment$10,252,937$15,084vs Nov 21, 20181SEC filing
Nov 21, 2018Initial$10,237,853No comparison1SEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$56.3K
Finders' fees
$0
Form D file number
021-326393
variable annuity contracts
Issuer pays 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
Cambridge Investment Research, Inc.39543Warren Bane · CRD 4958383
The Leaders Group, Inc.37157Jonathan Donfeld · CRD 5845355

Source: Form D, filed Aug 6, 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