Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Galen Partners V LP
 2. Date of Event Requiring Statement (Month/Day/Year)
04/24/2014		 3. Issuer Name and Ticker or Trading Symbol
Quotient Ltd [QTNT]
(Last)
(First)
(Middle)
680 WASHINGTON BLVD.		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

STAMFORD, CT 06901		 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Ordinary shares 5,367,002
I
See FN (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Galen Partners V LP
680 WASHINGTON BLVD.
STAMFORD, CT 06901		     X    
Galen Partners International V LP
680 WASHINGTON BLVD.
STAMFORD, CT 06901		     X    
Galen Management, LLC
680 WASHINGTON BLVD.
STAMFORD, CT 06901		     X    
Galen Partners V, L.L.C.
680 WASHINGTON BLVD.
STAMFORD, CT 06901		     X    

Signatures

By: /s/ Zubeen Shroff, managing director of Galen Partner V, L.L.C., the general partner of Galen Partners V LP 04/24/2014
**Signature of Reporting Person Date
By: /s/ Zubeen Shroff, managing director of Galen Partner V, L.L.C., the general partner of Galen Partners International V LP 04/24/2014
**Signature of Reporting Person Date
By: /s/ Zubeen Shroff, member 04/24/2014
**Signature of Reporting Person Date
/s/ Zubeen Shroff, managing director 04/24/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes 4,805,906 shares held of record by Galen Partners V LP ("Galen V"), 410,392 shares held of record by Galen Partners International V LP ("Galen International V") and 150,704 shares held of record by Galen Management, LLC. Galen Partners V, L.L.C. serves as the sole General Partner of Galen V and Galen International V and has sole voting and investment control over the shares held by such funds and may be deemed to beneficially own the shares held by such funds. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein.

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