In metazoans, certain calmodulin-related calcium-binding proteins (recoveri
ns, neurocalcins and frequenins) are found at highest levels in excitable c
ells, but their physiological roles are largely uncharacterized. Here we sh
ow that Saccharomyces cerevisiae contains a frequenin homologue, Frq1, and
that its target is Pik1, a phosphatidylinositol-4-OH kinase. Frq1 binds to
a conserved sequence motif in Pik1 outside Pik1's catalytic domain and stim
ulates its activity in vitro. N-myristoylated Frq1 may also assist in Pik1
localization.