Automated description from the Alliance of Genome Resources
Exhibits lipase activity. Involved in cholesterol homeostasis; cholesterol metabolic process; and cholesterol transport. Localizes to the extracellular space. Human ortholog(s) of this gene implicated in several diseases, including Alzheimer's disease; familial combined hyperlipidemia; glucose metabolism disease (multiple); obesity; and peripheral vascular disease. Orthologous to human LIPC (lipase C, hepatic type).