Phospholipid phosphatase 2 (PLPP2)

Catalyzes the conversion of phosphatidic acid (PA) to diacylglycerol (DG). Additionally it hydrolyzes lysophosphatidic acid (LPA), ceramide-1-phosphate (C-1-P) and sphingosine-1- phosphate (S-1-P).

The relative catalytic efficiency is PA > C-1-P > LPA > S-1-P. .