Not really. It's not a species of algae; just a 'behavior' of some algal biofilms. Some years ago, I spent quite a few hours chatting with a senior researcher at Buckman Labs (inventor of polyquat). He told me that every single case of algae he'd studied, including samples from his home pool, involved more than 10 species of algae AND bacteria.
But Dave's description of the 'behavior' is accurate, with the addition that it's (a) often found on the bottom AND sides, and (b) typically is first found in shaded areas of the pool. It *will* 'bloom' and turn the entire pool green if not controlled.
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