Sab3
Sab3 is a private fund (underlying fund for bank owned variable life insurance produ) organized in Indiana, United States and advised by Lincoln Financial Investments Corporation. Its adviser reported $199,562,944 in gross assets for the fund on Form ADV, filed Sep 4, 2024. It reported 5 beneficial owners. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $199,562,944As reported on Form ADV
- Beneficial owners
- 5
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Private fundUNDERLYING FUND FOR BANK OWNED VARIABLE LIFE INSURANCE PRODU
- Domicile
- Indiana, United States
- Administrator
- The Lincoln National Life Insurance Company
- Custodian
- State Street Bank and Trust Company
- Adviser
- Lincoln Financial Investments Corporation · Radnor, PA · CRD 108881
- Reported on
- Sep 4, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Sab3
What is the minimum investment for Sab3?
Its adviser's Form ADV, filed Sep 4, 2024, does not set a minimum investment for Sab3. The offering documents may still require one.
Who can invest in Sab3?
Sab3 is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7).
How large is Sab3?
Its adviser reported $199,562,944 in gross assets on Form ADV filed Sep 4, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Sab3?
Sab3 is advised by Lincoln Financial Investments Corporation, based in Radnor, PA.
Who are Sab3's service providers?
Its Form ADV lists The Lincoln National Life Insurance Company as administrator.