Malassezia is a lipophilic yeast commonly found on the skin surfaces of many animals, including humans. In the presence of certain environments or triggers, this fungus can cause pathologic diseases ranging from superficial skin conditions (tinea versicolor and dermatitis) to invasive disease (e.g., Malassezia folliculitis, catheter-associated fungemia, meningitis, and urinary tract infections). Patients with tinea versicolor develop an asymptomatic or mildly pruritic hypopigmented or hyperpigmented rash on the chest, back, abdomen, or face. Seborrheic dermatitis presents with an erythematous, pruritic rash with greasy scales and yellow crust, most commonly affecting areas of the face, upper trunk, or intertriginous regions. The presentation of Malassezia folliculitis is similar to that of bacterial folliculitis, with pruritic, monomorphic papules or pustules in a follicular pattern. The diagnosis of the superficial skin conditions is primarily by exam, but may be confirmed by microscopy of skin scrapings. Management entails the use of topical and oral antifungal agents.