Form D · Other Investment Fund

Lombard International Life Assurance Co Separate Account VL 188

Philadelphia, PA · CIK 0001732209

Offering snapshot reported May 3, 2023 · SEC filing

Reported sold
$28.7M
Indefinite offering
Investors reported
2
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Feb 14, 2018
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$14.3M$28.7MFeb 22, 2018: $5,665,430.00Feb 22, 2018Jun 7, 2019: $16,145,596.00Jun 7, 2019Jul 10, 2020: $19,734,350.00Jul 10, 2020Apr 26, 2022: $28,437,836.00Apr 26, 2022May 3, 2023: $28,663,965.00May 3, 2023

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$28,437,836 → $28,663,965

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
May 3, 2023Amendment$28,663,965$226,129vs Apr 26, 20222SEC filing
Apr 26, 2022Amendment$28,437,836$8,703,486vs Jul 10, 20202SEC filing
Jul 10, 2020Amendment$19,734,350$3,588,754vs Jun 7, 20192SEC filing
Jun 7, 2019Amendment$16,145,596$10,480,166vs Feb 22, 20182SEC filing
Feb 22, 2018Initial$5,665,430No comparison1SEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$498K
Finders' fees
$0
Form D file number
021-306207
variable life insurance contracts
Issuer pays sales commissions which are equal to a percentage of premium received by the Issuer. LILAC also pays sales commissions from its corporate resources.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Innovation Partners, LLC146344Danielle Sonnenberg · CRD 5884061
MML Investors Services, LLC10409Richard Van Benschoten · CRD 1772365

Source: Form D, filed May 3, 2023. 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 Street 54 Th Floor
Philadelphia, PA, 19103