A soluble high molecular weight lipoprotein complex containing retinyl esters and unesterified retinol was isolated from rat liver cytosol. This material accounts for about 10% of the total liver retinyl compounds, and its protein moiety accounts for about 0.1% of the protein of the liver homogenate and about 0.7% of the cytosol protein. The lipoprotein was purified by gel filtration and hydroxyapatite chromatography. The lipoprotein complex gave a single band by electrophoresis on cellulose acetate as judged by both lipid- and proteinspecific stains. The lipoprotein complex did not dissociate into smaller subunits in low ionic strength buffer (1 mm sodium phosphate, pH 7.7). The retinyl ester lipoprotein complex has an absorption spectrum with peaks at 328 nm (retinyl chromophore) and 258 nm. Retinyl compounds in the carrier lipoprotein complex do not show an increase of the quantum yield of fluorescence and do not show energy transfer when excited at either 258 or 280 nm. There is no induced optical activity of the retinyl chromophore absorption band. The lipoprotein complex contains about 3% (by weight) of retinyl compounds, 96% of which are retinyl esters and 4% of which are unesterified retinol. The lipoprotein complex consists of about 66% (by weight) lipids, about 30% protein, and some 4% carbohydrate. There are at least 15 polypeptide chains ranging in size from about 2 × 104 to about 2.1 × 105 Mr. Retinyl compounds in the lipoprotein complex are stable for at least 3 months in 0.05 m phosphate buffer, pH 7.4, at 4 °C. Stability was judged from the total amount of retinyl esters plus unesterified retinol. Retinyl compounds of the lipoprotein complex were unstable below pH 6.4 or in the presence of 1 m NaCl. © 1979.