Late endosomes, which have the morphological characteristics of multivesicu
lar bodies, have received relatively little attention in comparison with ea
rly endosomes and lysosomes. Recent work in mammalian and yeast cells has g
iven insights into their structure and function, including the generation o
f their multivesicular morphology. Lipid partitioning to create microdomain
s enriched in specific lipids is observed in late endosomes, with some lume
nal vesicles enriched in lysobisphosphatidic acid and others in phosphatidy
linositol 3-phosphate. Sorting of membrane proteins into the lumenal vesicl
es may occur because of the properties of their trans-membrane domains, or
as a result of tagging with ubiquitin. Yeast class E Vps proteins and their
mammalian orthologs are the best candidates to make up the protein machine
ry that controls inward budding, a process that starts in early endosomes.
Late endosomes are able to undergo homotypic fusion events and also heterot
ypic fusion with lysosomes, a process that delivers endocytosed macromolecu
les for proteolytic degradation.