Secreted lipase involved in Dandruff and seborrheic dermatitis (D/SD) probably via lipase-mediated breakdown of sebaceous lipids and release of irritating free fatty acids (Probable). Shows activity against monoglyceride and diglyceride substrates (Probable). Due to an absence of fatty acid synthase genes in Malassezia species, secretory lipases are essential for the yeast to generate free fatty acids from degradation of sebum and assimilate them as lipid sources for growth (Probable). Plays an essential role at the pathogen-host interface during disease progression (Probable)