Form D · Other Investment Fund

Axcelus Financial Life Insurance Co Separate Account VL 388

Philadelphia, PA · CIK 0001920129

Offering snapshot reported Aug 13, 2024 · SEC filing

Reported sold
$7.86M
Indefinite offering
Investors reported
1
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Mar 18, 2022
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$3.93M$7.86MMar 30, 2022: $1,964,936.00Mar 30, 2022Apr 18, 2023: $3,929,872.00Apr 18, 2023Aug 13, 2024: $7,859,744.00Aug 13, 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$3,929,872 → $7,859,744

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Aug 13, 2024Amendment$7,859,744$3,929,872vs Apr 18, 20231SEC filing
Apr 18, 2023Amendment$3,929,872$1,964,936vs Mar 30, 20221SEC filing
Mar 30, 2022Initial$1,964,936No comparison1SEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-439547
variable life insurance contracts
Issuer pays no sales commissions or finders' fees.

Source: Form D, filed Aug 13, 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