Koch and colleagues 1 report on the relationship between apolipoprotein E (apoE) levels within distinct high-density lipoproteins (HDL) fractions in plasma samples and risk of dementia in participants in the Ginkgo Evaluation of Memory Study (GEMS). Using a case-cohort design to assay archived plasma samples from 1351 GEMS participants, the investigators found that higher plasma apoE levels within the HDL fraction lacking apolipoprotein C-III (apoC3) were associated with both better cognition at baseline as well as reduced risk of incident all-cause dementia and Alzheimer disease (AD). This novel finding is provocative and raises additional questions about the potential role of apoE in the pathogenesis of dementia.Although discovery of the ε4 allele of APOE gene as the strongest known genetic risk factor for sporadic AD was made more than 25 years ago, 2 the precise mechanisms underlying this association remain unclear and the promise of APOE-guided AD therapies remains unrealized. APOE genotype also determines total plasma concentration of apoE protein, with lower levels observed in APOE ε4 carriers relative to noncarriers. 3 Although plasma apoE concentrations are partially determined by APOE genotype and are inversely related to risk of AD and dementia, the biological mechanisms underlying this relationship are also not well understood. In healthy individuals with a normal circulating lipid profile, about 50% of circulating apoE protein is present in HDL. 4 While the relationship between lower plasma HDL levels and increased risk of cardiovascular disease is well established, it has become increasingly clear that the molecular mechanisms underlying this association extend far beyond HDL concentrations and include the biological actions of other HDL-associated lipoproteins. The protective role of HDL in cardiovascular disease is believed to be mediated by its actions in enhancing cholesterol efflux from macrophage foam cells in the arterial wall as well as by anti-inflammatory and antithrombotic effects. However, these physiological roles of HDL can be disrupted by its associations with proinflammatory proteins such as apoC3, lipoprotein-associated phospholipase A2 (Lp-PLA2), and serum amyloid A1. 5 Previous studies have established that higher apoC3 levels in HDL are associated with greater risk of coronary heart disease and diabetes-both established risk factors for dementia. 6 The findings by Koch et al 1 therefore raise the possibility that composition of the HDL-associated proteome may be a key determinant of apoE-associated risk of AD and all-cause dementia. Identifying HDL-associated protein cargo and apoE-interacting proteins in HDL fractions may hence provide further insights into the role of APOE in AD pathogenesis. Understanding the HDL-proteome has already provided intriguing clues about its complex roles in cardiovascular disease. HDL-associated proteins include complement factors and acute phase proteins suggesting that HDL plays an important role in the innate immune response. 7 Furthermore, thes...