We explore the stringy structure of 1/2-BPS bound states of NS fivebranes carrying momentum or fundamental string charge, in the decoupling limits leading to little string theory and to AdS3/CFT2 duality. We develop an exact worldsheet description of these states using null-gauged sigma models, and illustrate the construction by deriving the closed-form solution sourced by an elliptical NS5-F1 supertube. The Calabi-Yau/Landau-Ginsburg correspondence maps this geometrical worldsheet description to a non-compact LG model whose superpotential is determined by the fivebrane source configuration. Singular limits of the 1/2-BPS configuration space result when the fivebrane worldvolume self-intersects, as can be seen from both sides of the CY/LG duality — on the Landau-Ginsburg side from the degeneration of the superpotential(s), and on the geometrical side from an analysis of D-brane probes. These singular limits are a portal to black hole formation via the condensation of the branes that are becoming massless, and thus exhibit in the gravitational bulk description the central actors in the non-gravitational dual theory underlying black hole thermodynamics.

We present the full numerical solution for the 15-dimensional space of linearized deformations of the Klebanov-Strassler background which preserve the SU(2) X SU(2) X Z_2 symmetries. We identify within this space the solution corresponding to anti-D3 branes, (modulo the presence of a certain subleading singularity in the infrared). All the 15 integration constants of this solution are fixed in terms of the number of anti-D3 branes, and the solution differs in the UV from the supersymmetric solution into which it is supposed to decay by a mode corresponding to a rescaling of the field theory coordinates. Deciding whether two solutions that differ in the UV by a rescaling mode are dual to the same theory is involved even for supersymmetric Klebanov-Strassler solutions, and we explain in detail some of the subtleties associated to this.Comment: 41 pages, 5 figures, LaTe