Form D · Other Investment Fund

Axcelus Financial Life Insurance Co Separate Account VL 116

Philadelphia, PA · CIK 0001514699

Offering snapshot reported Aug 6, 2024 · SEC filing

Reported sold
$7M
Indefinite offering
Investors reported
1
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Feb 25, 2011
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$3.5M$7MMar 8, 2011: $500,000.00Mar 8, 2011Mar 23, 2016: $3,000,000.00Apr 17, 2018: $4,000,000.00Jun 30, 2020: $5,000,000.00Apr 22, 2022: $6,000,000.00Apr 27, 2023: $6,500,000.00Aug 6, 2024: $7,000,000.00Aug 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$6,500,000 → $7,000,000

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Aug 6, 2024Amendment$7,000,000$500,000vs Apr 27, 20231SEC filing
Apr 27, 2023Amendment$6,500,000$500,000vs Apr 22, 20221SEC filing
Apr 22, 2022Amendment$6,000,000$1,000,000vs Jun 30, 20201SEC filing
Jun 30, 2020Amendment$5,000,000$1,000,000vs Apr 17, 20181SEC filing
Apr 17, 2018Amendment$4,000,000$1,000,000vs Mar 23, 20161SEC filing
Mar 23, 2016Amendment$3,000,000$2,500,000vs Mar 8, 20111SEC filing
Mar 8, 2011Initial$500,000No 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
021-156315
variable life insurance contracts

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
Joseph A Fillip Executive
John T Fischer Executive
John K Hillman Executive
Kent C Keim Executive
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