Black hole bound states in AdS_3 x S^2
Jan de Boer, Frederik Denef, Sheer El-Showk, Ilies Messamah, Dieter, Van den Bleeken

TL;DR
This paper constructs and analyzes geometries dual to 1+1D (0,4) CFTs from wrapped M5-branes, revealing black hole bound states, phase transitions, and instabilities in AdS_3 x S^2 backgrounds, with implications for dual CFTs.
Contribution
It systematically constructs dual geometries, explores black hole bound states, and links solution components to attractor flow trees, advancing understanding of AdS_3 x S^2 holography.
Findings
Existence of multicentered black hole bound states.
Identification of a thermodynamic instability of small supersymmetric BTZ black holes.
Proposal of a phase transition related to localization on S^2.
Abstract
We systematically construct the geometries dual to the 1+1 dimensional (0,4) conformal field theories that arise in the low-energy description of wrapped M5-branes in S^1 x CY_3 compactifications of M-theory. This includes a large number of multicentered black hole bound states asymptotic to AdS_3 x S^2. In addition, we find many geometries that develop multiple, mutually decoupled AdS_3 x S^2 throats. We argue there is a useful one to one correspondence between the connected components of the space of solutions and particular limits of type IIA attractor flow trees. We point out that there is a thermodynamic instability of small supersymmetric BTZ black holes to localization on the S^2, a supersymmetric and exactly solvable analog of the well known AdS-Schwarzschild localization instability, and identify this with the ``Entropy Enigma'' in four dimensions. We discuss the phase…
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