In this article, we consider a homogeneous function of degree four in quaternionic vector spaces and $S^{4n+3}$ which is invariant under $S^3$ and U(n + 1)-action. We show it is an isoparametric function providing isoparametric hypersurfaces in $S^{4n+3}$ with g = 4 distinct principal curvatures and isoparametric hypersurfaces in quaternionic projective spaces with g = 5. This extends study of Nomizu on isoparametric function on complex vector spaces and complex projective spaces.