Form D · Other Investment Fund

Lombard International Life Assurance Co Separate Account VL 157

Philadelphia, PA · CIK 0001673839

Offering snapshot reported Jun 17, 2020 · SEC filing

Reported sold
$19.8M
Indefinite offering
Investors reported
3
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Jun 27, 2016
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$9.92M$19.8MJul 1, 2016: $5,265,000.00Jul 1, 2016Apr 11, 2017: $12,445,000.00Apr 11, 2017Apr 13, 2018: $15,890,000.00Apr 13, 2018Apr 8, 2019: $19,335,000.00Apr 8, 2019Jun 17, 2020: $19,835,000.00Jun 17, 2020

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$19,335,000 → $19,835,000

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jun 17, 2020Amendment$19,835,000$500,000vs Apr 8, 20193SEC filing
Apr 8, 2019Amendment$19,335,000$3,445,000vs Apr 13, 20183SEC filing
Apr 13, 2018Amendment$15,890,000$3,445,000vs Apr 11, 20173SEC filing
Apr 11, 2017Amendment$12,445,000$7,180,000vs Jul 1, 20163SEC filing
Jul 1, 2016Initial$5,265,000No comparison3SEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$529K
Finders' fees
$0
Form D file number
021-266254
variable life insurance contracts
Issuer pays sales commissions which are equal to a percentage of the premium received by the Issuer. LILAC also pays sales commissions from its corporate resources.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
M Holdings Securities, Inc43285Brian T. Corley · CRD 2735235
M Financial Securities Marketing, Inc139304Brian T. Corley · CRD 2735235

Source: Form D, filed Jun 17, 2020. 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
Lilac Lombard International Life Assurance Company Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
One Liberty Place 1650 Market St., 54 Th Floor
Philadelphia, PA, 19103