Reaction: PI3P is dephosphorylated to PI by MTMR2:SBF1

- in pathway: Synthesis of PIPs at the ER membrane
Binding to SBF1 (MTMR5) increases phosphatidylinositol-3-phosphatase catalytic activity of MTMR2 (Kim et al. 2003). SBF1 promotes perinuclear localization of MTMR2 (Kim et al. 2003), presumably to the endoplasmic reticulum (ER) membrane, as both proteins can localize to the ER membrane (Berger et al. 2003, Li et al. 2014).
Reaction - small molecule participants:
Pi [cytosol]
PI [endoplasmic reticulum membrane]
H2O [cytosol]
PI3P [endoplasmic reticulum membrane]
Reactome.org reaction link: R-HSA-6809777

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Reaction input - small molecules:
water
ChEBI:15377
phosphatidylinositol 3-phosphate
ChEBI:26034
Reaction output - small molecules:
hydrogenphosphate
ChEBI:43474
1-phosphatidyl-1D-myo-inositol(1-)
ChEBI:57880
Reactome.org link: R-HSA-6809777