Hippocampus

The hippocampus, also hippocampus proper, is a major component of the brain of humans and many other vertebrates. In the human brain the hippocampus, the dentate gyrus, and the subiculum are components of the hippocampal formation located in the limbic system. The hippocampus plays important roles in the consolidation of information from short-term memory to long-term memory, and in spatial memory that enables navigation.

In humans and other primates the hippocampus is located in the archicortex, one of the three regions of allocortex, in each hemisphere with direct neural projections to, and reciprocal indirect projections from the neocortex.
The hippocampus, as the medial pallium, is a structure found in all vertebrates.

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Source: Wikipedia · Image: Wikimedia Commons · Public domain