Rhodotorula

Rhodotorula is a genus of fungi in the class Microbotryomycetes. Most species are known in their yeast states which produce orange to red colonies when grown on Sabouraud's dextrose agar (SDA). The colour is the result of carotenoid pigments that the yeast creates to block out certain wavelengths of light (620–750 nm) that would otherwise be damaging to the cell. Hyphal states, formerly placed in the genus Rhodosporidium, give rise to teliospores from which laterally septate basidia emerge, producing sessile basidiospores. Species occur worldwide and can be isolated from air, water, soil, and other substrates....read more on Wikipedia.