Quotidian Investment Fund LLC is a hedge fund based in New Orleans, Louisiana. According to its most recent Form D, filed Mar 5, 2026, the fund has sold $10,230,942 of interests to 25 investors since its first sale in Sep 2023. The minimum investment it accepts from an outside investor is $500,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, HedgeMountain classifies it as an emerging manager. Related persons named in the filing include Frank Friedler III.
Performance
No verified returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to HedgeMountain directly.
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- Total raised
- $10,230,942Cumulative sales reported on Form D
- Investors
- 25
- First sale
- Sep 1, 2023
- Minimum investment
- $500,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Frank Friedler III
- Latest Form D
- Mar 5, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and HedgeMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures
Size compared with every hedge fund
Raised more than 60% of the 10 hedge funds based in Louisiana, and more than 21% of all 10,157 that report sales.