In seeking an explanation of the inverse relationship between serum hi
gh density lipoprotein (HDL) concentration and coronary heart disease
(CHD) incidence, most investigations have been directed at its role in
reverse cholesterol transport. However, recently it has become clear
that HDL has the potential to limit oxidative modification of low dens
ity lipoprotein (LDL) whether induced by transition metals or by cells
in tissue culture. In view of the current theory that oxidative modif
ication of LDL is an important element in atherogenesis, this suggests
another potential mechanism by which HDL might impede the development
of CHD. HDL is the major carrier of cholesteryl ester hydroperoxides,
but more than this it appears to have the prolonged capacity to decre
ase the total amount of lipid peroxides generated on LDL during oxidat
ion while the quantity accumulating on HDL itself reaches an early pla
teau. These effects are not explained by chain-breaking antioxidants p
resent in HDL and are likely to involve an enzymic mechanism. Several
enzymes are present on HDL: paraoxonase, lecithin:cholesterol acyl tra
nsferase, platelet activating factor acetylhydrolase, phospholipase D
and protease. Apolipoproteins, such as apolipoprotein AI, could also h
ave enzymic activity. Evidence that some of these might act to metabol
ise lipid peroxidation products, such as oxidised phospholipids and ly
so-phosphatidylcholine, is discussed in this review.