Form D · Other Investment Fund

Axcelus Financial Life Insurance Co Separate Account VL 425

Philadelphia, PA · CIK 0001976585

Offering snapshot reported Aug 7, 2024 · SEC filing

Reported sold
$4.83M
Indefinite offering
Investors reported
5
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Jul 24, 2023
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$2.42M$4.83MAug 8, 2023: $666,666.00Aug 8, 2023Aug 7, 2024: $4,833,332.00Aug 7, 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$666,666 → $4,833,332
  • Reported investors1 → 5

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Aug 7, 2024Amendment$4,833,332$4,166,666vs Aug 8, 20235SEC filing
Aug 8, 2023Initial$666,666No comparison1SEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$56.5K
Finders' fees
$0
Form D file number
021-489047
variable life insurance contracts
Issuer pays commissions equal to a percentage of the premium received by the Issuer. Axcelus Financial also pays sales commissions from its corporate resources.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Rockefeller Financial LLC291361Craig S. Janus · CRD 5883260
The Leaders Group, Inc.37157Kenneth E. Foley · CRD 2840109

Source: Form D, filed Aug 7, 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 St., 8 Th Floor
Philadelphia, PA, 19103