We construct a coarse-grained (CG) model for dipalmitoylphosphatidylcholine
(DPPC)/cholesterol bilayers and apply it to large-scale simulation studies of
lipid membranes. Our CG model is a two-dimensional representation of the
membrane, where the individual lipid and sterol molecules are described by
point-like particles. The effective intermolecular interactions used in the
model are systematically derived from detailed atomic-scale molecular dynamics
simulations using the Inverse Monte Carlo technique, which guarantees that the
radial distribution properties of the CG model are consistent with those given
by the corresponding atomistic system. We find that the coarse-grained model
for the DPPC/cholesterol bilayer is substantially more efficient than atomistic
models, providing a speed-up of approximately eight orders of magnitude. The
results are in favor of formation of cholesterol-rich and cholesterol-poor
domains at intermediate cholesterol concentrations, in agreement with the
experimental phase diagram of the system. We also explore the limits of the
novel coarse-grained model, and discuss the general validity and applicability
of the present approach