An orange-coloured yeast that feeds on sugars from sap exudation, usually from damaged trees. The genus Filobasidiella is the teleomorph (sexual state); a parasite on other fungi that does not produce distinct basidiocarps. Undoubtedly under-recorded

References: 
Kurtzman, Fell & Boekhout (2011) The Yeasts, a Taxonomic Study
Kirk et al. (2008) Dictionary of fungi